Refinery Industry News news (page 2)

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  17 July 2025

  INEOS Invests £30M to Cut Hull Site Emissions by 75%

  The Hull site now uses hydrogen, reducing emissions by 75%. This aligns with broader decarbonization efforts across UK and Europe, enhancing product sustainability and operational efficiency.
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  9 July 2025

  Gunvor Reduces Rotterdam Operations Amid Investment Uncertainty

  Operations in Rotterdam are scaled back, ending terminal activities. Energy transition projects continue, including a SAF plant with VARO Energy. Job losses expected.
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  7 July 2025

  Dow to close three European upstream assets due to regional challenges

  Shutdowns aim to optimize capacity, cut costs, and boost EBITDA by 2029, impacting 800 roles. Charges range from $630M to $790M, with $500M cash outlay over four years.
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  1 July 2025

  Johan Sverdrup Phase 3 Expansion

  Phase 3 boosts recovery by 40-50 million boe with new subsea infrastructure, AI-driven cost savings, and aims for a 75% recovery rate, enhancing energy supply to Europe.
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  1 July 2025

  BASF Acquires Full Ownership of Alsachimie Joint Venture

  The acquisition enhances operational efficiency and supply reliability for PA 6.6 production, aligning with strategic goals to optimize raw material integration and expand production capabilities.
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  30 June 2025

  Univation and C3 AI Partner for AI-Driven Predictive Maintenance in Petrochemicals

  The collaboration enhances operational efficiency, reduces maintenance costs, and improves asset availability using AI-powered predictive maintenance solutions.

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  30 June 2025

  ORLEN Secures Energy Independence, Ends Russian Oil Imports

  Since March 2025, refineries process non-Russian oil, enhancing regional energy security through global sourcing and infrastructure upgrades.
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  26 June 2025

  First Joint Azeri Crude Shipment Arrives in Omišalj

  92,000 tonnes of Azeri crude arrive in Omišalj, enhancing regional supply flexibility and security, and supporting crude diversification. Further shipments are planned.
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  23 June 2025

  KMG and CNPC Enhance Cooperation

  Leaders discussed gas supply terms, infrastructure development, and mature field technologies, confirming commitment to strategic collaboration.
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  20 June 2025

  Uzbekistan GTL Completes 100% Performance Test with Air Products and Sasol

  The plant exceeded design capacity, producing 38,310 bbl./day. All product yield and quality targets met, confirming operational readiness and technology effectiveness.
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  18 June 2025

  Borealis PDH2 Project Update: Kallo, Belgium

  The project is 90% complete, with full mechanical completion in 2025. Start-up is set for Q2 2026. Social compliance measures are ongoing.
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  17 June 2025

  INEOS Phenol to close Gladbeck site due to high energy and carbon costs

  The closure affects 279 jobs directly, impacts over 1500, and is due to uncompetitive costs and reduced local demand. Consultation with stakeholders will ensure a responsible exit.
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  10 June 2025

  LyondellBasell to Sell European Assets to AEQUITA

  The sale includes olefins and polyolefins sites in France, Germany, UK, and Spain. Closing expected by mid-2026, pending consultations and regulatory approvals.
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  5 June 2025

  INERATEC Launches Europe's Largest e-Fuel Plant in Frankfurt

  ERA ONE produces 2,500 tonnes of carbon-neutral e-Fuels annually, aiding EU climate goals. It uses CO2 and hydrogen, with strong financial backing for scaling production.
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  3 June 2025

  Lummus Partners with InnoVent on Tire Pyrolysis Technology

  The MoU aims to license and deploy tire pyrolysis technology globally, converting waste tires into valuable products and supporting sustainability.
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  3 June 2025

  OMV Unveils New Technologies and Invests in 140 MW Green Hydrogen Plant

  The Schwechat refinery now hosts a ReOil plant and Austria's largest electrolyzer. A new 140 MW green hydrogen plant is planned, aiming to cut CO₂ emissions by 150,000 tons annually.
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  2 June 2025

  Lummus Acquires NAPCON from Neste, Enhances Digital and AI Capabilities

  Lummus integrates NAPCON's AI solutions, boosting operational safety, performance, and sustainability in industrial operations through advanced digital technologies.
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  22 May 2025

  Essar Energy Transition Completes US$130mn Turnaround, Plans US$350mn Annual Improvements at Stanlow Refinery

  Turnaround boosts throughput by 8%. New hydrogen-ready furnace installed. Business plan targets US$350mn in improvements. Debt reduction of US$600mn planned for decarbonisation investments.
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  15 May 2025

  Rompetrol Rafinare Q1 2025 Operational Growth

  Turnover rose 21% to $1.3B, despite a 30% EBITDA drop. Fuel sales grew, exports hit $407M, and state contributions increased to $372M. LDPE plant restarted, boosting petrochemical output.
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  14 May 2025

  Aramco Signs 34 MoUs with US Firms

  Aramco's $90B MoUs target LNG, chemicals, AI, and more, enhancing shareholder value and fostering innovation with US partners.
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  12 May 2025

  Univation Technologies Unveils 800,000 Tonne/Year UNIPOL™ PE Process Capacity

  The new design boosts production capacity, offers product flexibility, and enhances cost efficiency for polyethylene producers.
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  22 April 2025

  TotalEnergies Antwerp Platform Adapts to Energy Transition and Market Trends

  Antwerp site invests in green hydrogen, SAF, and battery storage to boost decarbonization and efficiency, while ceasing an old steam cracker to address petrochemical overcapacity.
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  9 April 2025

  Aramco, Sinopec, Yasref Plan Petrochemical Expansion

  The agreement aims to develop a fully-integrated petrochemical complex at Yasref, enhancing production and diversifying output, coinciding with Yasref's 10th anniversary.
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  9 April 2025

  Clariant and Technip Energies Launch New Catalyst for Low Steam-to-Oil Styrene Production

  New catalyst achieves 0.76 S/O ratio, boosting energy efficiency and sustainability in styrene production, suitable for existing, revamped, and new plants.
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  31 March 2025

  Kazakhstan Begins Construction on Major Polyethylene Plant in Atyrau

  The plant will produce 1.25M tons of polyethylene annually by 2029, creating 8,000 construction jobs and 800 operational jobs, boosting Kazakhstan's economy and reducing import reliance.
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  20 March 2025

  Grangemouth's £3.5 Billion Transformation Plan Unveiled

  Nine pathways to renewables are proposed, aiming to create 800 jobs. Private investment is crucial, with SAF as a key focus. Challenges include high costs and new supply chain needs.
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  18 March 2025

  LyondellBasell and Covestro Close PO11 Unit in Netherlands

  PO11 unit closure due to overcapacity, high costs, and imports. LYB and Covestro focus on strategic assets and maintain customer relations. Shutdown by 2026.
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  18 March 2025

  LyondellBasell, Covestro to Close PO11 Unit in Netherlands

  Closure due to global overcapacity, high costs, and weak demand. LYB to safely shut down by 2026. Commitment to European market and ongoing customer support remain.
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  18 March 2025

  Res Integra and Ohmium Launch 4MW Green Hydrogen Project in Sicily

  A 700-tonne hydrogen electrolyzer, powered by solar PV, will decarbonize industrial operations in Sicily, using advanced, scalable PEM technology for efficient, rapid deployment by 2025.
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  10 March 2025

  Dow, ING, Invest-NL, Polestar Capital, and Vopak fund Xycle's first chemical recycling plant in Rotterdam

  Xycle secures funding to build a plant using pyrolysis to recycle 21,000 tons of plastic waste annually, operational by Q4 2026, with plans for global expansion.