North America downstream news
DOW and MEGlobal expand ethylene supply agreement
Dow and MEGlobal have finalised an agreement for Dow to supply an additional equivalent of 100 000 tpy of ethylene from its Gulf Coast operations, US.
Topsoe to support new blue methanol plant
Topsoe has been selected as technology provider by Sandpiper Chemicals LLC, for its new blue methanol plant in Texas City, Texas, US.
Lower fuel prices in 2024 resulted in the lowest US-Mexico energy trade value since 2020
The value of all energy trade between the US and Mexico was estimated to be US$57 billion in 2024, down from nearly US$72 billion in 2023, according to data from the US Census Bureau, the US EIA has reported.
Berkshire Hathaway to acquire OxyChem
Berkshire Hathaway and Occidental have announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for US$9.7 billion.
Phillips 66 provides update on LA refinery operations
Phillips 66 has provided an update on its progress toward idling operations at its Los Angeles refinery, US, in furtherance of the company’s efforts to redevelop these real estate sites.
Cerilon and Pembina sign naphtha offtake agreement
Cerilon has announced the signing of a binding offtake agreement with Pembina for naphtha from its gas-to-liquids (GTL) project under development in Williams County, North Dakota, US.
New Fortress Energy signs long-term gas supply agreement for Puerto Rico
New Fortress Energy Inc. has reached agreement on contract terms with the Third-Party Procurement Office and the Puerto Rico Public-Private Partnerships Authority for the long-term supply of LNG to Puerto Rico.
AFPM issues statement on EPA reallocation proposal
AFPM President and CEO Chet Thompson has issued a statement following the recent EPA announcement.
Ketjen completes expansion of Bayport ZSM-5 facility
Ketjen Corp. has marked the official inauguration of its newly expanded ZSM-5 manufacturing plant in Bayport, Texas, US.
Burckhardt Compression acquires ACT
Burckhardt Compression has completed the acquisition of Advanced Compressor Technology (ACT), a service company specialising in reciprocating equipment for the downstream market in the US.