Europe downstream news

LyondellBasell has announced that it has completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA.

Exolum has signed an agreement with Severnside Carbon to advance the development of a carbon dioxide (CO2) storage terminal in Avonmouth, in the Port of Bristol, UK.

Phillips 66 Limited has announced that it has completed the acquisition of the assets and associated infrastructure of Prax Lindsey Oil Refinery Ltd, UK.

Clean Planet Technologies has opened a new facility dedicated to converting non-recyclable waste plastic to aviation fuel in Kent, UK.

KBR has announced a strategic investment in UK-based Applied Computing, marking a significant step forward in KBR’s AI driven growth strategy. As part of the investment, KBR has also secured a board position in the company.

Following the latest auctions for the allocation of gas storage capacity for next winter, Snam announces that storage capacity allocated allowed to achieve the target of filling Italian gas storage facilities to at least 90%.

Hamburg’s Authority for Environment, Climate, Energy, and Agriculture granted MB Energy a permit to build and operate a new ammonia import terminal in Hamburg, Germany.

H2SITE has signed an agreement with Petronor to advance high-purity hydrogen production in refining through advanced membrane technology.

INEOS Olefins & Polymers Europe is strengthening its commitment to Europe by signing new distribution agreements that expand access to its local, high-quality polyolefins offer.

WPU, Vitol’s plastics recycling business, plans to build a new chemical recycling facility for end-of-life plastics at the Port of Rotterdam, the Netherlands, alongside Vitol’s refinery, VPR.