Downstream news

Calumet, Inc. has announced that the US Department of Energy (DOE) Loan Programs Office (LPO) has awarded a conditional commitment for a loan guarantee of up to US$1.44 billion to fund the construction and expansion of a renewable fuels facility owned by Montana Renewables.

Southwest Airlines Co. has announced a sustainable aviation fuel (SAF) supply agreement with Valero Marketing and Supply Co. (Valero), a subsidiary of Valero Energy Corp., to bring SAF to Chicago Midway International Airport (MDW).

LyondellBasell (LYB) has announced it has become full owner of APK AG in Merseburg, Germany.

The US Energy Information Administration (EIA) reports that capacity to produce biofuels increased 7% in the US during 2023, reaching 24 billion gal./yr at the start of 2024.

The UK and Scottish Governments have stepped up plans to support workers at Grangemouth refinery, with immediate investment in skills and training.

Wood is leading a Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable carbon capture, utilisation and storage (CCUS) projects.

BASF has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action for the construction of the world’s largest industrial heat pump.

Japan is projected to become the lead trade hub for captured carbon (CO2) by 2050 in the Asia-Pacific (APAC) region, according to Wood Mackenzie.

Stahl has announced the opening of a new facility for the manufacturing of polyurethane dispersions (PUD) in Singapore.

Johnson Matthey (JM) has announced the opening of its new Engineering Centre in Mumbai, India.