Europe downstream news

The agreement aims at developing in cooperation the model which considers waste as a resource to produce advanced fuels, hydrogen, fertilizers and low carbon chemical products.

The company will focus on enhancing the resilience and competitiveness of the Sines industrial site.

Neste has said that it has successfully processed 400 t of liquefied plastic waste at its refinery in Finland this autumn.

OMV is converting up to 160 000 metric t of liquid biomass into carbon-neutral fuels.

PKN Orlen is shifting focus to building clean energy sources rather than oil refining.

The Naantali refinery is due to close by the end of March 2021.

Union sources said the stoppage would take effect on Monday and could last for four months.

The company has invested approximately €21 million in order to increase the Petrobrazi refinery's bio-blending capacity.

Inter Pipeline Ltd has sold the majority of its European bulk liquid storage business to the CLH Group for a cash consideration of £420 million.

Renewable raw materials are being converted into Swedish Environmental Class 1 diesel at Preem’s refinery in Lysekil.