Downstream news

Wood is leading a Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable carbon capture, utilisation and storage (CCUS) projects.

BASF has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action for the construction of the world’s largest industrial heat pump.

Japan is projected to become the lead trade hub for captured carbon (CO2) by 2050 in the Asia-Pacific (APAC) region, according to Wood Mackenzie.

Stahl has announced the opening of a new facility for the manufacturing of polyurethane dispersions (PUD) in Singapore.

Johnson Matthey (JM) has announced the opening of its new Engineering Centre in Mumbai, India.

Graham Corp. has announced the successful launch of its steam ejector nozzle with a customer installation in a Gulf Coast refinery.

Neste’s renewable diesel is helping Verne, a provider of sustainable data centre solutions for high intensity computing, to transition its operations from fossil to renewable fuels.

The US Energy Information Administration reports that global refinery margins, measured by the 3:2:1 crack spread, have been less than their five-year (2019 - 23) averages since the spring and dropped even more in the late summer and early fall.

Honeywell has announced that the St1 refinery has started using Honeywell’s EcofiningTM technology to produce sustainable aviation fuel (SAF).

UNICAT has partnered with an international specialist to offer innovative ‘world-leading knowledge’ in design and build of ‘high-purity hydrogen’ producing PSA systems.