Europe downstream news

Implico has worked alongside Actemium on the complete replacement of the field equipment for tank truck loading at Gunvor’s refinery in Ingolstadt.

Esso Italiana has agreed to sell its Augusta refinery, three fuel terminals, and associated pipelines to Sonatrach.

Mammoet has replaced two coke drums at the Upper Rhine Mineral Oil Refinery in Karlsruhe, Germany.

The company has completed the sale of its SemLogistics petroleum storage business unit to Valero Logistics UK Ltd.

WorleyParsons has completed the strategic acquisition of M+W Group’s Ludwigshafen and Schwarzheide offices in Germany.

The All Party Parliamentary Group on the UK Oil Refining Sector has held its annual parliamentary reception for the UK downstream oil industry.

According to a GlobalData report, merger and acquisition deals in the downstream sector totalled $21.1 billion in 2H17, down from $26.2 billion in 1H17.

The conference and exhibition runs until Thursday this week, and is being attended by over 200 leading suppliers from the international tank storage market.

With advancements in digitisation, artificial intelligence and big data, StocExpo Europe highlights the importance of investing in young talent.

BASF has welcomed a fluid catalytic cracking additive that aims at addressing refinery demands.