Europe downstream news

Mitsui O.S.K. Lines, Ltd has acquired 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief U.A.

INERATEC has secured a €70 million financing commitment for Europe’s largest e-fuel production plant in Frankfurt, Germany.

OMV and ADNOC are set to create a US$60 billion global polyolefins group, Borouge Group International.

TotalEnergies has commissioned its second largest biomethane production unit in Normandy, France.

BASF has laid plans to invest millions of euros in a new alcoholates plant at its site in Ludwigshafen, Germany.

Vopak has reported on its 2024 financial results, increased its dividend distribution, and announced a new share buyback programme.

Horisont Energi has progressed the commercial work and has passed a milestone for the Barents Blue project.

Milestone achieved as a Topsoe and Sasol demonstration produces syncrude from biogas.

ORLEN has discovered a new gas field in the Province of Poznan, Poland.

Yara Clean Ammonia and NYK have concluded the world’s first time-charter agreement for ammonia-fuelled medium gas carrier.