Latest Developments in North America Hydrocarbon Solvents Market

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Latest Developments in North America Hydrocarbon Solvents Market

  • Chemical and Materials
  • Feb 2025
  • North America
  • 350 Pages
  • No of Tables: 145
  • No of Figures: 27

  • In November 2023, Shell Chemicals was honored as a winner in BNSF’s 2023 Sustainability Awards program. Alongside nine other recipients, Shell Chemicals received this recognition from BNSF, a prominent North American freight transportation company, for its advancements in sustainable solutions throughout the year
  • In February 2023, Oil and Natural Gas Corporation Limited (ONGC) and BP p.l.c. signed a Memorandum of Understanding (MoU) to explore collaboration in oil and gas exploration and production, trading, and other energy vectors both in India and internationally. The agreement, signed in New Delhi on the eve of India Energy Week, was attended by key dignitaries, including Honourable Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri, Secretary, Ministry of Petroleum and Natural Gas, Shri Pankaj Jain, ONGC’s Chairman and CEO, Shri Arun Kumar Singh, and bp’s Executive Vice President, William Lin, alongside senior leadership from both organizations
  • In July 2024, Calumet Specialty Products Partners, L.P. completed its conversion to a C-Corporation, transforming into Calumet, Inc. This shift enables broader institutional investment, attracting passive indices that typically own large stakes in C-Corps. The change is expected to enhance shareholder growth, capitalize on new capital opportunities, and further drive Calumet's transformation in the specialty products and renewables markets
  • In December 2024, China Petrochemical Corporation was honored at the Hong Kong International Finance Week (IFW) and the Golden Bauhinia Awards, receiving the Best Business Contributor to the 75th Anniversary of the Founding of the People’s Republic of China and Excellent Listed Company in Investor Relations Management awards. Chairman Mr. MA Yongsheng was recognized as Economic Figure of the Year, while Mr. HUANG Wensheng, Vice President and Board Secretary, won Excellent Board Secretary