Circularix to build and operate PET recycling plants
HPC Industries LLC and Macquarie Group's Commodities and Global Markets group have formed a joint venture, Circularix, to produce recycled polyethylene terephthalate.
HPC Industries LLC and Macquarie Group's Commodities and Global Markets group have formed a joint venture, Circularix, to produce recycled polyethylene terephthalate.
Baker Hughes and Petrosafe, a subsidiary of the Egyptian General Petroleum Corp., have announced a contract that will mark the first deployment of Baker Hughes’ flare.IQ technology in refinery operations in Egypt.
Sulzer has supported Fulcrum BioEnergy, Inc. to complete the construction of the world’s first commercial-scale production plant that will convert municipal solid waste into renewable transportation fuels.
Maire Tecnimont has been granted a FEED contract by African Refineries Port Harcourt Ltd for a 100 000 bpd refining plant.
Numaligarh Refinery Ltd. is expanding its refining capacity from its current 3 million tpy to 9 million by installing a new 6 million tpy capacity Crude Oil Distillation Unit / Vacuum Distillation Unit and associated downstream process units as part of the NREP.
Neste has purchased the European rights to Alterra Energy’s liquefaction technology, further solidifying the company’s efforts to advance chemical recycling.
The furnace has been commissioned by Essar Oil UK as it transitions to run its operations on hydrogen as part of HyNet, the UK’s leading decarbonisation cluster and will be the UK’s first refinery-based hydrogen-powered furnace.
Funded by Network Innovation Allowance (NIA), this project will play a fundamental role in garnering a greater understanding of the existing network, improving risk analysis and aiding development by allowing the prediction of future scenarios.
The companies are cooperating to enable the production of a major polyurethane raw material based on renewable materials via mass balance.
Topsoe’s technologies are set to reduce customers’ greenhouse gas emissions by 12 million t in 2022 alone. The key driver is the company's renewable fuels solution, producing low-carbon fuels from waste and biomass.
Aramco has published its first sustainability report, which outlines ways in which the company plans to further tackle emissions while delivering reliable, affordable energy solutions.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed Equinor as a Strategic Partner, committing to the development of zero-carbon technologies and solutions for the maritime industry.
Focal Point Energy has agreed to form a 50/50 joint venture with Insa Oil to expand Insa Oil's portfolio of refined products into the broader Balkan market, and develop new clean energy opportunities in the region.
Chevron Corp. has completed its previously-announced acquisition of Renewable Energy Group (REG), following approval by REG stockholders.
According to Wood Mackenzie, potential low-carbon hydrogen demand from the global refining sector could reach 50 million tpy by 2050.