Europe downstream news

EET Fuels (trading name of Essar Oil (UK) Ltd), which plans to create the world’s leading low-carbon process refinery, has progressed to the front-end engineering design (FEED) stage of its industrial carbon capture (ICC) project.

VARO Energy has announced the divestment of its German subsidiary, VARO Energy Direct GmbH, to Hoyer SE (Hoyer).

Neste is expanding its logistics infrastructure for liquefied recycled raw materials at its refinery in Porvoo, Finland, including materials such as liquefied waste plastic and liquefied rubber tires.

OXCCU, a leading carbon-to-value company converting carbon dioxide into fuels, chemicals and plastics, has announced the launch of its first official demonstration plant, OX1, at Oxford Airport.

NEXTCHEM, through its subsidiary NextChem Tech, has signed a binding term sheet with Sarlux S.r.l. to act as engineering services and technology provider for the implementation of a pilot SAF plant in Italy.

MAIRE has informed that KT - Kinetics Technology (Integrated E&C Solutions) has finalised the acquisition of the entire share capital of APS Evolution S.r.l.

The major turnaround with scheduled maintenance of Neste’s Porvoo refinery in Finland has now been successfully completed.

Annual US biodiesel imports doubled from 2022 to 2023 to 33 000 bpd and continued to rise in the first two months of 2024, according to the most recent data available.

Swiss company, Metafuels AG, is advancing its plans for a sustainable aviation fuel (SAF) facility in Denmark together with European Energy.

Holland America Line has announced the start of a long-term biofuel test on its flagship, Rotterdam, leveraging 100% low carbon intensity biofuel while sailing within the Norwegian World Heritage Fjords.