Europe downstream news

OMV has received a €450 loan from the European Investment Bank (EIB) for the construction of its 140 MW green hydrogen production facility in Austria to significantly contribute to the decarbonisation of its Schwechat refinery.

INEOS and Norwegian recycling company Recuro have signed a Memorandum of Understanding to develop an advanced recycling facility at INEOS’ Bamble polymer site in Norway.

Neste will conduct an approximately nine week maintenance turnaround at its Porvoo refinery between August and October 2026, Finland.

LBC Tank Terminals has taken the final investment decision to execute Project Rainbow 5 Phase A at its Rotterdam Terminal, advancing the next phase of the terminal’s multi-year expansion programme.

Technip Energies, Airbus, Safran, and Tereos have entered into an agreement to create Rebound, a joint venture to develop a large scale SAF production project at the Port of Dunkirk, in Northern France.

Worley has completed the Front-End Engineering and Design for Alfanar’s Lighthouse Green Fuels sustainable aviation fuel project in Teesside, UK.

Exolum has commenced operations at the aviation fuel storage and distribution facilities and the hydrant network at Cristiano Ronaldo International Airport in Madeira, Portugal, managed by ANA (VINCI Group).

Zaffra and MB Energy have signed a non-binding Memorandum of Understanding for assessing a cooperation to support the commercialisation and market deployment of eSAF across Europe.

Repsol has launched its second 100% renewable fuel plant on the iberian peninsula, located at its Puertollano industrial complex, Ciudad Real, Spain.

ORLEN has significantly expanded its biofuel production capacity with the launch of a hydrotreated vegetable oil plant in Plock, Poland, with a rated output of around 300 000 tpy.