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...Refining metals including zinc still accounts for most of Korea Zinc’s revenues, but the company expects its battery materials business to generate sales from next year....
...Shell said the sale was part of the company’s strategy to cut down its global refining portfolio and focus on large sites integrated with its chemicals and trading businesses....
...Scientists are now refining chemical fingerprinting techniques to gauge which PFAS chemicals come from which source....
...Refining helps produce industrial chemicals as well....
...For starters, Citgo is owned by a holding company that belongs to PDVSA, which is legally distinct from the government of Venezuela....
...But turning spodumene into lithium concentrates for electric vehicle batteries also requires understanding of processing and refining....
...But a less well understood factor is refining costs. Petrol, diesel but also jet fuels have been on a tear in recent weeks due to limits in refining capacity. Take diesel....
...Classifying a chemical as a hazard also creates a legal obligation for companies to try to substitute the substance — something seen as very difficult for lithium in batteries over the next decade....
...BP chief executive Bernard Looney blamed lower refining margins and a “very high level” of planned maintenance work for the drop as the upheaval in energy markets that had supercharged profits for the previous...
..., chemicals and oil markets....
...and fuel refining....
...He has made billions from an unheralded refining and fertilser operation that regularly pumps cash into his publicly listed holding company, Icahn Enterprises, reports DD’s Antoine Gara....
...Much of his firepower derives from a humble source: a small oil refining and nitrogen fertiliser company in the US heartland....
...Malmendier Legal said that the economy ministry had informed it on Tuesday this week that it was considering expropriating shares in Rosneft Deutschland GmbH and RN Refining & Marketing GmbH....
...Aftab Zafar, an oil adviser in Islamabad, said that refining the Russian crude would cost between $2 and $5 a barrel, eating into the savings....
...In a worrying sign for the global economy, Shell’s chemicals and products division, which produces refined fuels, reported adjusted earnings of just $83mn because of lower refining margins, lower demand...
...of the world’s rare-earth mining and close to 90 per cent of processing and refining, according to the International Energy Agency....
...The Houston-based company is also active in chemicals through a stake in CPChem, which it owns with Chevron....
...Shell has signalled its run of record profits is set to end after lower refining and chemicals margins and weaker gas trading weighed on earnings in the third quarter....
...While its alkaline electrolyser technology is new, it is rooted in the older, chlor-alkali chemical process, which still makes up almost 40 per cent of revenues....
...The US is littered with more than 100,000 abandoned oil and gas wells, many of which leak toxic chemicals....
...Refining creates higher-value lithium hydroxide, a chemical compound used in EV batteries. Western Australia now has two refineries, with a third due to be opened by SQM and Wesfarmers next year....
...“The ISAB refinery is a critical part of Italy’s refining system, accounting for 30 per cent of its diesel supply and 20 per cent of total capacity,” said Viktor Katona, analyst at data provider Kpler....
...The company blamed the shortfall on weaker margins in its chemicals business and a hit to its trading business. Read more here....
...At Ineos, which derives almost all its revenue from a global network of chemical and oil refining plants, every business review begins with an update on plant and worker safety....
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