Europe downstream news

Maire Tecnimont S.p.A. subsidiaries NextChem and MET Development have signed an MOU with MC TAIF JSC (TAIF) to co-develop a new bio-degradable polymer plant in the Republic of Tatarstan (Russian Federation).

Maire Tecnimont subsidiary NextChem has been awarded a contract by Total Corbion PLA to carry out a front-end engineering design for their 100 000 tpy poly lactic acid (PLA) plant in Grandpuits, France.

RWE Supply & Trading and Australian hydrogen project developer the Hydrogen Utility Pty Ltd (H2U) have joined forces to develop hydrogen trading between Australia and Germany.

Honeywell has launched its gas cloud imaging (GCI) system in Europe to provide automated monitoring for leaks of dangerous and polluting gases at oil and gas, chemical and power generation facilities.

Port Esbjerg and Honeywell are working together on a climate co-operation designed to help reduce carbon emissions at the Danish port by 70% by 2030 in line with the country’s climate target.

After delays due to the COVID-19 pandemic, the Porvoo refinery, Finland, is preparing to execute a major turnaround starting in April 2021.

Clariant has announced that it has officially joined the EU ‘Circular Plastics Alliance’.

Petrobras has approved the sale of its Landulpho Alves refinery (RLAM) in São Francisco do Conde, Bahia, Brazil, and its associated logistical assets for Mubadala Capital for the amount of US$1.65 billion.

INEOS Energy has agreed to sell its Norwegian oil and gas business to PGNiG for US$615 million.

bp has announced that it is developing plans for the UK’s largest blue hydrogen production facility, targeting 1 GW of hydrogen production by 2030.