Europe downstream news

Technip Energies has signed an agreement with Verso Energy to acquire a minority equity stake in the DEZiR project, an eSAF plant located in Rouen, France.

Neste has commissioned its new upgrading facility for liquefied waste plastic (LWP) at its Porvoo refinery in Finland, with a €111 million investment that marks a major milestone in the scale-up of chemical recycling

Evos Rotterdam has commenced the realisation of a major expansion project for (low-carbon) methanol and ethanol storage, following a signing ceremony held at the Port of Rotterdam.

INA has marked the completion of the Rijeka Refinery Upgrade Project which involved an investment of nearly €700 million, representing the largest single investment in INA’s history.

SIAD Group has announced the construction of a new manufacturing facility for compressors in Seriate, Bergamo, Italy, with a planned investment of €18 million, scheduled for completion by mid-2026.

Moeve has reached the final investment decision to begin construction of Southern Europe’s largest green hydrogen project, located in Andalusia, Spain.

VAROPreem has launched Preem Redefine HVO100, a Nordic Swan-Ecolabelled fuel, in Norway.

Feedstock availability poses a critical barrier to SAF scale-up. JM’s FT CANS technology, developed with BP, enables flexible feedstock strategies and a proven route to commercial-scale SAF.

Eni has announced the final investment decision has been approved for Eni's plan to convert certain units of the Sannazzaro de’ Burgondi refinery in Lombardy, Italy, into a biorefinery.

MET International AG and Shell have signed a non-binding memorandum of understanding to expand their existing long-term co-operation in LNG and gas trading.