Shell has agreed to sell its Sprng Energy renewables business in India to Aditya Birla Renewables for $1.8 billion, as part of its strategy to streamline and improve returns in its power portfolio.
The Peter Greven Group is investing in the further development and modernization of its
production facilities.
By investing in a new steam compressor at the Dormagen site, Covestro will reduce its energy requirements in Germany by 2% per year compared to 2025.
The acquisition builds on Brenntag's significant market position in oil and gas and serves the growing energy market in North America.
A new study analyzes the material requirements for synthetic kerosene.
EEW Energy from Waste (EEW) and machine and plant manufacturer GEA have signed a strategic partnership for CO₂ capture.
Ineos and Covestro announced a significant long-term agreement for the natural gas supply for up to eight years, starting in 2027.
The completion of the deal marks the third major investment by Ineos Energy in the USA in the past three years. It increases Ineos' capital spending on energy assets in the USA to above $3 billion.
Venture Global, a US-based exporter of LNG, which has just agreed two major supply deals with German customers, says it is on track to solidify its position as the country’s largest supplier of liquefied natural gas.
Air Liquide plans to build an ammonia cracking pilot plant in the Port of Antwerp, Belgium. The plant will be based on a novel process using Air Liquide’s proprietary technologies and is scheduled to start operating in 2024.
Saudi Aramco and DHL Supply Chain have signed an agreement to set up a new procurement and logistics hub in Saudi Arabia. The facility would be the first in the region to cater to customers in the industrial, energy, chemical and petrochemical sectors.
The mood of the German chemical industry brightened at the beginning of 2023 on the back of a sharp downslide in the last quarter of 2022, when production slumped by 14%, producers operated plants at around three-quarters of capacity, demand sank and sales declined both in domestic and foreign markets.
As part of a capacity increase for carboxylic acids, Oberhausen, Germany-based OQ Chemicals, part of Oman’s state-owned energy company OQ, is investing an undisclosed sum in an optimization and debottlenecking project for precursors at its German plants.
BP has signed a Memorandum of Understanding (MoU) with the Egyptian Government under which the multinational energy giant will explore the potential for establishing a green hydrogen production plant in the country.
Covestro is again putting on hold its previously announced plans to build a new 500,000 t/y plant for polyurethane precursor MDI.
Vopak Singapore is considering expanding its ammonia infrastructure in response to growing demand for sustainable energy. The expansion at its Banyan terminal would include full import and export capabilities for low-carbon power generation and bunker fuels.
Solvay has opened a new advanced microlab for the energy sector at Oldbury in the UK.
Eurotecnica, the technology arm of energy firm and major methanol producer Proman, has announced the award of two large contracts for implementing high-pressure melamine plants.
Brazilian oil group Petrobras has finalized the sale of its entire 27.88% stake in linear alkyl benzene (LAB) producer Deten Quimica to Spanish energy and petrochemicals group CEPSA Quimica for 514 million Brazilian reais.
