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May 1: INEOS Completes Purchase of LyondellBasell’s Ethylene Oxide and Derivatives Business

May 1: INEOS Completes Purchase of LyondellBasell’s Ethylene Oxide and Derivatives Business

by Efrain Garcia | May 2, 2024 | Downstream News

These Breaking News are Brought to you by: 1st May 2024 – INEOS Oxide and LyondellBasell (LYB) have today completed the sale of LYB’s Ethylene Oxide & Derivatives (EO&D) business and associated production facilities located in Bayport, Texas to INEOS. Tobias...
$500 million investment Future Energy Fund III in emerging lower carbon technologies – Chevron Technology Ventures (CTV)

$500 million investment Future Energy Fund III in emerging lower carbon technologies – Chevron Technology Ventures (CTV)

by Efrain Garcia | May 2, 2024 | Downstream News

Chevron’s Jim Gable recently discussed the company’s Future Energy Fund III at the BloombergNEF Summit. Jim Gable, president of Chevron Technology Ventures (CTV), recently spoke at a BloombergNEF event in New York. He talked about Chevron’s continued support for...
April 18 – Louisiana: CF Industries and JERA Announce JDA to Develop Greenfield Low-Carbon Ammonia Production Capacity in U.S.

April 18 – Louisiana: CF Industries and JERA Announce JDA to Develop Greenfield Low-Carbon Ammonia Production Capacity in U.S.

by Efrain Garcia | Apr 23, 2024 | Downstream News

Breaking news brought to you by: CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, and JERA Co., Inc. (JERA), Japan’s largest energy company, today announced that they have executed a joint development agreement (JDA) to explore the...
Eastman molecular recycling facility achieves on-spec initial production and is generating revenue

Eastman molecular recycling facility achieves on-spec initial production and is generating revenue

by Efrain Garcia | Mar 27, 2024 | Downstream News

KINGSPORT, Tennessee Eastman (NYSE: EMN) today announced it has achieved on-spec initial production and is generating revenue from its new molecular recycling facility in Kingsport, Tennessee. The company expects to ramp up production of the new facility over the...
Eastman selected by U.S. Department of Energy to Receive up to $375 million investment for its second U.S. molecular recycling project

Eastman selected by U.S. Department of Energy to Receive up to $375 million investment for its second U.S. molecular recycling project

by Efrain Garcia | Mar 27, 2024 | Downstream News

Longview, Texas, named as the location of the facility KINGSPORT, Tennessee Eastman (NYSE: EMN) today announced significant progress towards its leadership in the circular economy. Selected by the Department of Energy as one of 33 companies for award negotiations to...
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