Downstream petrochemical news
EIA: refinery outages amid lower capacity increase US gasoline crack spreads
Unplanned refinery outages and lower gasoline production capacity are increasing the costs of producing summer-grade gasoline in the US.
TotalEnergies acquires 40% interest in carbon dioxide storage exploration licence
TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, to acquire the 40% participating interest held by CapeOmega in the carbon dioxide storage exploration licence, ExL004.
Lummus’ Novolen technology celebrates 100 licensed production lines
Lummus Technology, a provider of process technologies and value-driven energy solutions, announced the recent licensing of its 100th Novolen® polypropylene (PP) production line.
Braskem and SCG Chemicals to advance bio-based ethylene project
Braskem and SCG Chemicals have joined forces to advance a bio-based ethylene project in Thailand.
Borouge PLC and Borealis announce launch of sustainable polymer products
Borouge PLC and Borealis have announced the launch of two new sustainable polymer products for the automotive industry, made from up to 70% recycled materials.
EIA expects new milestones for US crude oil production
The EIA expects new milestones for US crude oil production amid sustained global petroleum demand and rising prices.
ENGIE joins forces with CMA CGM and Air France-KLM
ENGIE has joined forces with CMA CGM and Air France-KLM to accelerate the decarbonisation of sea and air transport.
Black & Veatch to advance SAF development
Black & Veatch has joined Bioenergy Australia’s sustainable aviation fuel (SAF) alliance of Australia and New Zealand.
United's sustainable flight fund grows to nearly US$200 million
The United Airlines Ventures sustainable flight fund has increased to nearly US$200 million in just five months.
Aramco to acquire a stake in Rongsheng Petrochemical
Aramco has completed a US$3.4 billion purchase to acquire a 10% interest in Rongsheng Petrochemical Co. Ltd.