Borealis Appoints Two Vice Presidents within Polyolefins Business Unit

Borealis Appoints Two Vice Presidents within Polyolefins Business Unit

MOSCOW (MRC) -- Borealis has appointed two vice presidents within its polyolefins business unit, said the company.

Britta Warnke, who takes on the role of vice president Energy, joined Borealis in 2018. Since August 2022, she was vice president Mobility and Advanced Products. Before that she held international positions at Cabot, Amcor and Lufthansa.

Warnke, a German citizen, holds an MBA from INSEAD, a master’s degree in Environmental Management from Ulster University, Germany, a master’s degree in Space Science and a bachelor’s degree in Natural Sciences from the Open University, UK, a master’s degree in History from the FernUniversitat in Hagen, Germany, and a bachelor’s degree in International Business Administration from VWA in Stuttgart, Germany.

Succeeding Warnke as vice president Mobility and Advanced Products is Shanila Baseley, previously global commercial director Advanced Products.

Baseley, a UK national, joined Borealis in 2022 and looks back at a career at DuPont and Innovia, working in several global positions. She holds a master’s degree in Instrumentation and Analytical Science from UMIST, UK, and a bachelor’s degree in Chemistry from the Glasgow Caledonian University, UK.

We remind, In July 2023, our polyolefin (PO) compounding site in Monza, Italy received International Sustainability and Carbon Certification (ISCC PLUS). With this latest certification, we have achieved the milestone of having all our European PO and PO compounding sites as well as our recycling sites in Oostende, Belgium, and in Austria ISCC PLUS certified.

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BASF gets long-term access to Qore’s bio-based BDO

BASF gets long-term access to Qore’s bio-based BDO

MOSCOW (MRC) -- BASF has inked an agreement with Qore LLC for long-term access to the latter’s bio-based 1,4-butanediol (BDO), the companies said in a joint statement.

Qore LLC, a joint venture between Cargill and HELM AG, will produce the bio-based QIRA BDO at Cargill’s biotechnology campus and corn refining operation in Eddyville, Iowa.

With QIRA, BASF will expand its existing offer of BDO derivatives with bio-based variants of, for instance, polytetramethylene ether glycol (polytetrahydrofuran, PolyTHF) and tetrahydrofuran (THF).

The first commercial quantities are expected to be available in the first quarter of 2025.

Using QIRA enables BASF to produce BDO derivatives with lower carbon footprint than the corresponding fossil-based chemicals. BDO derivatives based on QIRA have the same physical and technical properties compared to those based on fossil-based BDO, the companies said.

We remind, BASF is to produce cathode active materials (CAM) from recycled metals in Battle Creek, Michigan, for use in lithium-ion batteries produced by Nanotech Energy. The two companies will partner with American Battery Technology Company (ABTC), a lithium-ion battery recycling company, and TODA Advanced Materials, which has experience in producing specialised CAM precursor and metal hydroxide.

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EU court imposes EUR32 mln fine on Britain for pleasure boat fuel

EU court imposes EUR32 mln fine on Britain for pleasure boat fuel

MOSCOW (MRC) -- The European Union's Court of Justice imposed on Thursday a USD33.6 MM fine on Britain, arguing the UK had failed to prohibit using marked fuel in private pleasure boats within a time limit set by the European Commission, said Reuters.

"The United Kingdom did not comply with the judgment establishing the infringement until after the court proceedings were brought, after a period of almost three years," the Luxembourg-based court, Europe's top, said in a ruling.

We remind, INEOS has announced it has reached an agreement with Eastman Chemical Company to purchase the Eastman Texas City site, including the 600kt Acetic Acid plant and all associated third party activities on the site, for circa USD500 mln. Eastman and INEOS have also entered into a Memorandum of Understanding to explore options for a long-term supply agreement for vinyl acetate monomer.

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BASF sells Lusatian Neopolen foam business

BASF sells Lusatian Neopolen foam business

MOSCOW (MRC) -- BASF sells its Neopolen business to Knauf Industries GmbH, said the company.

This affects the BASF site in Schwarzheide (Oberspreewald-Lausitz), where the production facility is located.

Neopolen, developed by BASF, is a foam used in car parts and heat pumps. According to the company, Neopolene can be used to produce lightweight components.

The transaction includes a production facility at BASF’s Schwarzheide site about 140km south of Berlin, along with intellectual property and brand rights and customer and supplier agreements. About 40 employees at Schwarzheide will transfer to Knauf. Financial details were not disclosed.

BASF’s Neopolen-brand EPP is made from expanded, predominantly closed-cell foam particles.

It has applications in lightweight components for the automotive, heating and other industries. It is also suitable for reusable packaging and reusable transport containers, according to BASF’s website.

We remind, BASF has inked an agreement with Qore LLC for long-term access to the latter’s bio-based 1,4-butanediol (BDO), the companies said in a joint statement. Qore LLC, a joint venture between Cargill and HELM AG, will produce the bio-based QIRA BDO at Cargill’s biotechnology campus and corn refining operation in Eddyville, Iowa.

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Pemex struggles to boost oil refining in Aug as fuel imports rise

Pemex struggles to boost oil refining in Aug as fuel imports rise

MOSCOW (MRC) -- Crude oil processing at Mexico's six local refineries rose slightly in August, data from state-owned oil company Pemex showed, but the facilities are operating at barely half their capacity, forcing the country to import large volumes of fuel, said Reuters.

President Andres Manuel Lopez Obrador has pushed hard to refine more motor fuels at home, arguing Mexico must wean itself from foreign supplies, but the latest data underscores the difficulty of reaching the nationalist leader's goal before his term ends next year.

Crude processing at Pemex's domestic refineries rose by 0.11% in August from the previous month to reach nearly 797,000 barrels per day (bpd), the data released on Wednesday showed, but refining levels remained stuck below last year's 816,000 bpd.

Lopez Obrador has vowed to grow crude processing to between 1.0 million bpd and 1.2 million bpd. Meanwhile, Pemex produced only 242,000 bpd of gasoline in August, down 9% from July and the lowest level of monthly output this year. Diesel production in August reached around 152,000 bpd, also down from the previous month.

The eighth month of the year showed a much bigger swing in fuel imports, the data showed. Gasoline imports rose 17% to reach more than 407,000 bpd, while diesel imports were up by the same percentage to total nearly 175,000 bpd.

Pemex did not offer an explanation for its fuel production levels in August, but in the past it has blamed the previous administration for what it has called insufficient maintenance at the aging facilities. Lopez Obrador is also betting on significant new streams of fuel output from what will be Pemex's seventh, and largest, refinery once in comes online.

Energy Minister Rocio Nahle this month said the Olmeca refinery located off of Mexico's Gulf coast will overcome past delays and be fully online later this year with a processing capacity of 340,000 bp.

We remind, Pemex’s production of aromatics, ethane, propylene, and sulphur fell in the first quarter, year on year, but methane output rose strongly. The rise in production of methane and its derivatives helped overall petrochemicals production to remain mostly flat, with 319,000 tonnes produced during the first quarter, down by 0.62% year on year.

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