Latest news with #Axens
New Straits Times
15 hours ago
- Business
- New Straits Times
PM discusses high-impact strategic partnerships with 40 French captains of industry
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim today chaired a roundtable meeting with 40 captains of industry from France with operations in Malaysia to discuss strategic investment and partnership opportunities in high-impact sectors at the global level. He said Malaysia offers a strategic position as a gateway into the Asean market, supported by political stability as well as investor-friendly policies and a dynamic industrial ecosystem. "I emphasised that Malaysia is now a major hub in the clean energy, semiconductor, and electrical and electronic sectors, and continues to play an important role in the oil and gas industry. "This potential has also been strengthened with the implementation of investment faciliation initiatives by government agencies," he posted on his personal X account, @anwaribrahim, after the meeting that was held in Paris on Friday. Anwar is leading a Malaysian delegation to the city in conjunction with a two-day official visit to France. French companies that participated in the roundtable session included Air Liquide, L'Oréal, Axens, Schneider Electric and Thales which have been well established in Malaysia and continue to show their strong commitment. Anwar said that at the same time, the government is also focusing on empowering small and medium enterprises so they can participate in the global supply chain and become strategic partners to foreign investors, including through technology transfer, training and talent development. "I also encouraged French companies to explore Special Economic Zones and halal parks in Malaysia as well as to establish collaborations in renewable energy, CCUS (carbon capture, utilisation and storage), the digital economy, defence and aerospace in line with the country's inclusive and sustainable economic reformation agenda," he added. France has remained one of Malaysia's top five trading partners among European Union members. In 2024, the bilateral trade between the two nations reached RM15.95 billion (US$3.63 billion), and for the January-May 2025 period, a total of RM6.26 billion (US$1.49 billion) was recorded. – Bernama
Trade Arabia
16-04-2025
- Business
- Trade Arabia
ME-TECH to address challenges by downstream sector
The 15th edition of ME-TECH, the Middle East Technology Forum for Refining & Petrochemicals, will take place in Dubai from May 6-8. The event will focus on addressing challenges and opportunities faced by the downstream sector, including core refining technologies, petrochemical integration, energy efficiency optimisation, catalyst innovation, coprocessing of alternative feeds, and technologies and solutions accelerating the energy transition. To remain competitive, refiners and petrochemical producers in the Middle East must enhance efficiency through digitalisation, optimise feedstock use, expand into sustainable products, and invest in decarbonisation. By integrating biofuels, green hydrogen, and circular economy practices, they can future proof their operations while maintaining global leadership. This year, there is an elevated focus on AI & Digitalisation, with unique insights from Leading global licensors, technology providers, and digital solutions providers, including Wood, Axens, CLG/Eni, ExxonMobil, BASF, Shell Catalysts & Technologies, W. R. Grace, Lyondellbasell (LYB), KBC (A Yokogawa company), Alfa Laval, and others, will highlight potential pathways for these industries. The event will include a pre-conference seminar titled "Powering Ahead: Middle East's Role in a Sustainable Energy Future," a keynote fireside chat, a market overview, panel discussions, producer case studies, and 25+ technical presentations showcasing the latest technologies and strategies to boost flexibility, reliability, and profitability in refining and petrochemical operations. Key topics include technology solutions for maximising performance, flexibility, reducing the carbon footprint, strategic integration with petrochemicals, asset decarbonisation and energy efficiency, catalyst innovations, management, and precious metals recovery, and digital tools and technology shaping smart refining and petrochemicals production. Networking opportunities will be available with senior executives from regional refiners and petrochemical producers, leading global licensors, technology providers, and digital solutions providers.
Associated Press
31-03-2025
- Business
- Associated Press
Willis Sustainable Fuels Progresses Teesside SAF Project
COCONUT CREEK, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) ('WLFC' or the 'Company'), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced that its subsidiary, Willis Sustainable Fuels (UK) Limited ('WSF'), has entered into license and engineering agreements with two global leaders in sustainable technology, Johnson Matthey and Axens. These partnerships significantly advance WSF's sustainable aviation fuel (SAF) project in Teesside, Northeastern England. WSF is targeting Q1 2028 to begin commercial operations at its SAF production facility, with an anticipated annual production capacity of 14,000 tonnes (equalling approximately 50,000 litres a day) of SAF. 'Through this collaboration, WSF will leverage Johnson Matthey's and Axens' market-leading technologies to support the production of SAF at our facility in Teesside, UK,' said Amy Ruddock, Senior Vice President, Sustainable Aviation & Corporate Development of WLFC. 'Working with industry leaders will allow us to accelerate progress toward our vision for a cleaner, more sustainable future.' This project received a grant from the UK Department for Transport's Advanced Fuels Fund and represents an important step towards the UK government's 2050 net-zero target and its goal of having five commercial-scale SAF plants under construction by 2025. WSF is currently executing the detailed design phase of the project. McDermott will perform early engineering, procurement, and construction (EPC) related services for the project. 'Our FT CANS™ technology was developed in partnership with bp and revolutionizes the sustainable fuel sector by enabling production at commercial scale. We look forward to working with Willis Sustainable Fuels on this innovative project that will benefit the UK and beyond,' said Alberto Giovanzana, Managing Director - Licensing at Johnson Matthey 'Axens is honored to be chosen as a partner in this pivotal energy transition project to support the emergence of the advanced SAF market in the UK. We are dedicated to accompanying Willis every step of the way, ensuring the successful implementation of innovative solutions that drive sustainable progress,' said Jacques Rault, Executive Vice President Technology & Technical Support of Axens. The project's technology is intended to produce 100% SAF that can be seamlessly blended with conventional jet fuel for immediate use with existing commercial aircraft engines. The fuel produced is projected to offer greenhouse gas emissions savings of approximately 80% compared to today's fuels. WSF remains committed to the aviation industry's transformation to a more sustainable future by investing in, developing and producing scalable solutions to decarbonize aviation. For more information on WSF, visit Willis Lease Finance Corporation ('WLFC') leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services through Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company's service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services. Willis Sustainable Fuels intends to develop, build and operate projects to help decarbonize aviation. Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which the forward-looking statement is based, except as required by law. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company's Annual Report on Form 10-K and other continuing and current reports filed with the Securities and Exchange Commission. It is advisable, however, to consult any further disclosures the Company makes on related subjects in such filings. These statements constitute the Company's cautionary statements under the Private Securities Litigation Reform Act of 1995. About Johnson Matthey Johnson Matthey is a global leader in sustainable technologies. For over 200 years Johnson Matthey has used advanced metals chemistry to tackle the world's biggest challenges. Many of the world's leading energy, chemicals and automotive companies depend on Johnson Matthey's technology and expertise to decarbonise, reduce harmful emissions, and improve their sustainability. And now, as the world faces the challenges of climate change, energy supply and resource scarcity, Johnson Matthey is actively providing solutions for its customers. Through inspiring science and continued innovation, we're catalysing the net zero transition for millions of people every day. For more information visit About Axens The Axens Group ( offers a complete range of solutions for the conversion of oil and biomass into cleaner fuels, the production and purification of major petrochemical intermediates, the chemical recycling of plastics, natural gas treatment and conversion options, water treatment and carbon capture. Their offer includes technologies, equipment, furnaces, modular units, catalysts, adsorbents and related services. Axens is ideally positioned to cover the entire value chain, from feasibility studies to start-up and monitoring of units throughout their lifecycle. This unique position guarantees optimum performance and a reduced environmental footprint. Axens' international offering is based on highly qualified human resources, modern production facilities and an extensive global network for industrial, technical support and sales services. Axens is an IFP Energies Nouvelles Group company. To find out more, visit Axens' website and follow Axens on X and LinkedIn.
