Downstream news

UPC Technology Corp. and BASF signed a strategic letter of intent on LowPCF products during the UPC Technology & BASF Low Carbon Footprint Strategic Partnership Summit at UPC's Zhuhai site, China.

TotalEnergies has agreed to acquire Plastic Energy's 35% interest in the Grandpuits advanced recycling plant, France, which is now wholly owned by TotalEnergies.

In this special Spotlight Interview, we talk to Robert Hermans, President and CEO of IPCO, as the company marks 125 years since the foundation of Sandvik Process Systems in 1901.

Wood has been awarded a new US$200 million contract by ExxonMobil PNG for construction services in support of the PNG LNG project in Papua New Guinea.

Covestro, Fertiglobe, and MB Energy have signed an MoU to explore an ammonia supply chain collaboration.

Oil markets remain under intense pressure as disruptions to crude and refined product supplies from the Strait of Hormuz crisis continue to ripple through global markets, the IEA has reported.

Borouge Group International AG has announced that it has delivered the first batch of materials from its new Cross-Linked Polyethylene (XLPE) plant in the UAE to customers in the region.

Following the licence agreement signed between S-Oil and Axens in late 2024 for Axens’ Liquid Phase Xylene Isomerization (LPI) technology, the project has now reached final investment decision.

Clariant, in partnership with Lummus Technology, has announced that it has been awarded a contract by Zhejiang Petroleum & Chemical Co. Ltd to supply its CATOFIN™ catalyst and HGM for a new propane dehydrogenation unit in Zhejiang Province, China.

Argent LNG has signed a memorandum of understanding with the Government of the Republic of Albania to jointly evaluate the development of a large scale onshore LNG storage and regasification terminal on the Albanian coast.