U.S. crude oil exports in 2022 were 22% higher than in 2021. Increased U.S. crude oil production, releases from the U.S. Strategic Petroleum Reserve, and more global demand for crude oil from countries other than Russia all drove the growth in U.S. crude oil exports.
A large, established international chemical company will break ground on a new production facility in Pasadena, Texas, next month on a 110-acre site to strengthen the growing demand for sterilization, cleaning and home and health care products, as well as a wide range of industrial applications. Read More
A total of 313,452 twenty-foot equivalent units or a 15% increase compared to the same month last year were handled during the month. Year-to-date volumes are up 6% to 633,442 TEUs. Read More
Nacero will transition its current pre-construction, multi-billion facility in Texas, designed to produce low carbon gasoline to the production of sustainable aviation fuel and lower carbon aviation fuel. Read More
As part of its sustainability goal of achieving net zero CO2 emissions by 2050, BASF has installed an innovative proof-of-concept floating solar system at its McIntosh, Alabama manufacturing site. Read More