Downstream news
Demand for sustainable fuels expected to triple over next 20 years
Analysis from McKinsey & Co. predicts that demand for sustainable fuels is expected to triple over the next 20 years, reaching approximately 600 million t by 2050.
New Islamic finance offering for Pengerang Energy Complex
ChemOne Group has established an Islamic tranche in the overall scheme of an Export Credit Agency (ECA) backed project financing for the Pengerang Energy Complex (PEC).
Celeros Flow Technology finalises sale of its filtration business
Celeros Flow Technology has finalised the sale of its filtration business unit to London headquartered private equity firm, PX3 Partners (PX3).
Grace introduces iron-tolerant FCC catalytic solutions
Shankhamala Kundu, Luis Bougrat and Gary Cheng outline how MIDAS Pro technology is helping to extend Grace’s leadership in iron-tolerant FCC catalytic solutions.
UK businesses to accelerate hydrogen technology
According to new research from Centrica Business Solutions, almost 59% of UK businesses plan to explore the role of hydrogen-based energy technologies to help them transition to net zero.
Samsung Engineering receives HSE Award from ADNOC
Samsung Engineering has announced that its ADNOC Crude Flexibility (CF) Project has received a 100% HSE Award at ADNOC’s 7th annual Business Partnership Forum at ADIPEC 2023.
EIA: global energy consumption and emissions will increase through 2050
The US Energy Information Administration (EIA) projects that global energy consumption and associated carbon dioxide emissions will increase through 2050.
Yokogawa joins blockchain SAF purchasing platform
Yokogawa has become the first industrial automation customer headquartered in Asia to join Avelia, a blockchain book-and-claim platform for sustainable aviation fuel (SAF).
Burckhardt Compression earns cyber security certification
Burckhardt Compression and its subsidiary, PROGNOST Systems GmbH, have earned the cyber security IEC62443-4-1 certification, assuring that its industrial control systems meet the highest cyber security standards.
Sinopec NZRCC selects Lummus' polypropylene technology
Lummus Technology has announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd for a new polypropylene plant in Ningbo, China.