Neste has begun the gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub. The full transformation of the refinery is expected to be completed in 2030.

The chemical industry is striving to accomplish decarbonization in its overall operations in order to achieve net zero emissions by 2050. For this purpose, the sector is exploring many existing as well as innovative technologies to help it transform like never before.

Lanzajet has recently inaugurated the world’s first ethanol to sustainable aviation fuel production facility – Freedom Pines Fuels in Georgia, USA. With this plant, the company aims to decarbonize the aviation sector.

Kemira has successfully completed the divestment of its Oil & Gas related portfolio to Sterling Specialty Chemicals, a US subsidiary of Artek Group. The move is in line with the company’s strategy of focusing on its core businesses and accelerating its profitable growth strategy.

Total Energies has acquired Kyon Energy, one of the leading developers of battery storage systems in Germany. The deal comprises of a 90-million-euro upfront payment along with some earn out payments related to the achievement of development targets.

Shell has decided to repurpose its Wesseling site at the Energy and Chemicals Park Rheinland in Germany by converting the site’s hydrocracker into a production unit for Group III base oils. These base oils are used for producing high-quality lubricants such as engine and transmission oils.

Michelin, Ifpen and Axens have recently inaugurated what it claims to be the first industrial-scale demonstrator of a plant producing bio-based butadiene from bioethanol. The demonstrator is built at Michelin’s site in Bassens near Bordeaux in France.

Expensive, unsuitable and not marketable: Hydrogen is scrutinized. The promised miracle substance of defossilization is said to be a waste of energy and not half as environmentally friendly as hoped. What's the truth about hydrogen myths? Time to take a closer look.

The Renewable Carbon Initiative (RCI) published its latest report ‘Case Studies Based on Peer-reviewed Life Cycle Assessments – Carbon Footprints of Different Renewable Carbon-based Chemicals and Materials’. The report revealed that renewable carbon-based materials exhibited significant lower CO2 footprint than its fossil counterparts.

Lubrizol Advanced Materials has revealed that three additional Lubrizol Engineered Polymers sites—Lubrizol Advanced Materials’ headquarters in Brecksville and the production plants in Avon Lake, Ohio, U.S., and Oevel, Belgium—have obtained the International Sustainability and Carbon Certification Plus certification.