Downstream news

The bond is primarily intended to finance the recently announced acquisition of the remaining 40% stake in Shenyang Yuanda Compressor.

Voting on the sale of Petrobras' refineries has been postponed by Brazil's Supreme Court, without setting a new deadline.

The company will supply up to 2.5 petajoules of natural gas under the initial two and a half year agreement.

The review is due to a gradual rise in use of cleaner fuels and changing demand patterns in India.

Wärtsilä has issued a press release referring its customers to a recent report from CE Delft regarding the climate impact of exhaust gas cleaning.

Evonik and Siemens Energy have commissioned a pilot plant sponsored by the German Federal Ministry of Education and Research (BMBF) that uses carbon dioxide and water to produce chemicals.

Hengli Petrochemical Co. Ltd. has successfully started up seven UOP Polybed™ pressure swing adsorption (PSA) units supplying high-purity hydrogen at its complex in Dalian, Liaoning, China.

The ethane-fuelled VLECs are part of a Phase-2 order from Zhejiang Satellite Petrochemical and construction will be equally split between Samsung Heavy Industries and Hyundai Heavy Industries.

The company has announced a price increase of up to 8% over current prices on Separex spiral wound membrane elements, used in membrane systems to remove acid gas and vapour-phase water from natural gas streams.

The companies' boards have approved initial discussions to study the feasibility of a merger.