North America downstream news

Investment agreements for Varennes Carbon Recycling have been signed by Proman and its partners, Shell, Suncor, the Government of Québec, and Enerkem.

Chevron has announced an US$11 million 4Q20 loss.

The facility will be located at the Port Arthur refinery in Texas, US.

Siemens Energy has completed commissioning one feed and sales gas train and one refrigeration compression train for the Pipestone Processing Facility in Grand Prairie, Alberta, Canada.

CVR Energy is revamping its refinery in Oklahoma, US, to produce approximately 100 million gallons of renewable diesel per year.

The company has received certification through the International Sustainability and Carbon Certification PLUS (ISCC PLUS) process for its recycling programme which converts waste plastics into circular polyethylene, and signed a long-term supply agreement with Nexus Fuels LLC as its first supplier of pyrolysis oil.

Affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area.

The Seri Everest, the world’s largest VLEC, departed from Energy Transfer’s Nederland Terminal in Texas on 17 January 2021 loaded with over 911 000 barrels of ethane.

Global acrylonitrile-butadiene-styrene capacity is poised to register a total growth of 19% from 11.36 million tpy in 2019 to 13.49 million tpy in 2024, according to GlobalData.

The US Energy Information Administration expects production of all fossil fuels – crude oil, coal, dry natural gas, and natural gas plant liquids – to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.