Downstream news

GTT has received an order from Hyundai Heavy Industries' to equip a new LNG carrier.

According to the US EIA, US biomass-based diesel imports have increased 65%, setting a new record in 2016.

Gazprom and Eni have announced they have signed a Memorandum of Understanding at Gazprom headquarters.

HES International has announced it has signed a long-term contract with BP and will develop the tank terminal at the Maasvlakte in Rotterdam.

3M has announced it will acquire Scott Safety from Johnson Controls.

Clariant has launched a new catalyst for more profitable and sustainable fuel upgrading in petroleum refineries.

Ascend Performance Materials has announced it will develop new bulk loading facilities for deliveries of its hexamine product.

Greenbelt Resources has announced it has commissioned the first waste-to-ethanol system in Australia.

According to a new report from Grand View Research, Inc., the algae biofuel market will be worth US$10.73 billion by 2025, with a CAGR of 8.8%.

CB&I has been awarded a contract for a hydrocracking unit for the Afipsky oil refinery expansion project.