Downstream news

Neste, Marubeni Corp. and Resonac Corp.have entered into a cooperative agreement to enable the production of renewable olefins and derivatives.

Air Liquide has successfully issued a new €500 million green bond, in line with its ambition to combine growth and sustainable development.

ADNOC has announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, marking a major milestone in the company’s international growth strategy.

Swiss company, Metafuels AG, is advancing its plans for a sustainable aviation fuel (SAF) facility in Denmark together with European Energy.

Lummus Technology and Sumitomo Chemical have announced two collaboration agreements to license and commercialise two proprietary technologies.

Maire has announced that Kinetics Technology (the subsidiary part of the Integrated E&C Solutions Business Units operating in support of the Sustainable Technology Solutions Business Unit) has signed a binding agreement to acquire 100% of APS Evolution S.r.l, parent company controlling APS Designing Energy S.r.l. and KTI Poland S.A.

Ashraf Abufaris, BASF Middle East Chemicals LLC and Blake Morell, BASF Corp., USA, consider how use of a highly H2S selective solvent can help to optimise capital investment and reduce operating costs.

Johnson Matthey (JM) and thyssenkrupp Uhde have signed a Memorandum of Understanding (MoU) to jointly offer a fully integrated low carbon (blue) ammonia solution.

ADNOC has announced the acquisition of a 11.7% stake in Phase 1 (Trains 1-3) of NextDecade's Rio Grande LNG project located in Texas, US.

LanzaJet, a sustainable fuels technology company and sustainable fuels producer, has announced a US$20 million investment from Groupe ADP.