Latest Oleochemical News

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Vertex Energy to Acquire Shell’s Alabama Refinery

Equilon Enterprises, a subsidiary of Royal Dutch Shell, announced it has agreed to sell its 90,000 bbls/day Mobile Chemical Refinery in Alabama to Vertex Energy, a Texas-based specialty refiner of alternative feedstocks and marketer of petroleum products.

soybean, soy, beans, hands

ADM to Build New Soy Crushing Facility to Meet Increasing Demand for Renewable Products

Archer Daniels Midland (ADM), a multinational food processing and commodities trader corporation headquartered in Chicago, announced on Monday its plan to build North Dakota’s first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel.

Malaysia End-April Palm Oil Stocks Rise by 7.07%

Malaysia’s end-April palm oil hit five-month high on output rise, up by 7.07% from the previous month to 1.55 million tons, data from industry regulator Malaysian Palm Oil Board (MPOB) showed.

Resin Products Businesses

Hexion Completes Sale of Phenolic Specialty Resins, Hexamine and European Forest Products Businesses to Black Diamond and Investindustrial

Hexion, a thermoset resins company based in Ohio, announced last week that it has completed the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses to the alternative investment firm Black Diamond and Investindustrial, a European group of independently managed investment, holding and advisory companies.

Repsol’s Tarragona Complex consists of a number of facilities that produce a wide range of petroleum products and fuels for industry and transportation.

Repsol Joins Enerkem and Agbar to Build a Waste-to-Chemicals Plant in Spain

Repsol, an energy company headquartered in Spain, has announced that it will join the Ecoplanta Molecular Recycling Solutions (Ecoplanta) project, together with Canadian gasification technology developer Enerkem and Sociedad General de Aguas de Barcelona (Agbar), a global expert in water and waste management, to build a waste-to-chemicals (WtC) plant in Tarragona, Spain.

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