Downstream news

The pace of capacity additions for US biofuel production slowed in 2024, with production capacity increasing by a modest 3% from the start of 2024 to the start of 2025, according to the EIA’s latest biofuels production capacity reports.

Oman Tank Terminal Co. (OTTCO), a subsidiary of OQ Group, and Royal Vopak have signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm, Oman (SEZAD).

Mitsui Chemicals Inc. and Polyplastics Co. Ltd have announced that the companies have entered into a contract regarding marketing operations for engineering plastics products.

Petrobras has finalised all contract signings to resume construction of Train 2 of the Abreu e Lima Refinery (RNEST) processing units in the city of Ipojuca, Pernambuco, Brazil.

Emily Ruhl and Michael Krela, Koch-Glitsch, join us to discuss the evolution of distillation tray valves, highlighting how design advancements have improved capacity, efficiency, and operational flexibility.

Woodside has signed and closed a transaction with Williams for an integrated investment in Louisiana LNG.

Neste and United Airlines have expanded their existing partnership to supply sustainable aviation fuel (SAF) to three new major airports in the US.

The EU’s carbon storage targets face a significant shortfall, with expected available injection capacity by 2030 falling well below the required 50 million tpy, according to new Wood Mackenzie analysis.

Ketjen and Axens have announced a change to their ownership of Eurecat, with Ketjen extending collaboration on catalyst technology alongside selling its ownership stake to Axens SA.

Suez Canal Authority has signed a strategic partnership contract with Anchorage Investments to build a petrochemicals complex in Ain Sokha, Egypt, with US$2 billion in investments for the first phase.