Downstream news
Moeve becomes the first external SAF supplier to join Avelia
Moeve has joined Shell’s Avelia platform, which aims to scale SAF use by connecting parties within the supply chain and provide a more commercially viable solution for decarbonising aviation.
BASF and Carlyle reach binding transaction agreement on coatings business
BASF and funds managed by Carlyle have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (BASF Coatings).
NAA polymers to build polyacrylamide plant
NAA Polymers has announced plans for a new 200 000 tpy facility in Big Spring, Texas, US, with start up expected by late 2026.
Uniper and Five Bioenergy sign long-term biomethane supply agreement
Uniper and Five Bioenergy have signed a seven-year biomethane purchase agreement from three of Spain’s largest biomethane plants, which are located in Murcia, Spain.
Uganda refinery to start operations by early 2030
Uganda’s oil refinery is scheduled to begin operations in the 4Q29 or the 1Q30, according to Michael Nkambo Mugerwa, General Manager of Uganda Refinery Holding Co.
Eni launches authorisation process for new biorefinery and chemical recycling plant
Eni has launched the authorisation process for the Environmental Impact Assessment (VIA) to transform its industrial site in Priolo, Sicily, Italy, a new biorefinery and chemical recycling plant for plastics.
Clariant launches titanium-based catalyst solutions for sustainable polyester production
Clariant plans to present its new AddWorks™ titanium-based catalyst solutions for polyester polymerisation at K 2025, the world’s premier trade fair for plastics and rubber.
Expanding strategic oil stocks in China support crude oil prices
The US EIA estimates crude oil inventories in China increased by about 900 000 bpd between January and August 2025, essentially acting as a source of demand by removing barrels from the global markets.
Rely secures engineering studies contract
Rely has been awarded engineering studies contract to solidify plant definition and support for H4 Marseille Fos’ European green aviation fuel hub.
Aramco completes acquisition of additional stake in Petro Rabigh
Aramco has advanced its strategic downstream expansion with the acquisition of an additional 22.5% stake in Petro Rabigh from Sumitomo for US$702 million (SAR 7 per share).