The subsidiary of state oil and gas group Sinopec Corp. is planning to shut down its 170 000 bpd refinery in late October for approximately 50 days of maintenance.
The latest downstream news
Petrobras Biocombustível has three biodiesel plants in Brazil.
With a budget of over €289 million (US$336 million) and an implementation timeframe of 24 months, the project will be constructed at Vasilikos Bay on the southern coast of Cyprus.
GranBio’s 2G Ethanol technology converts lignocellulosic, non-food biomass to renewable, low carbon intensity biofuels.
The para-xylene-purified terephthalic acid complex shall be integrated with IndianOil's Paradip refinery, which has been operational since 2015.
The company has started up a fifth purified terephthalic acid line on Changxing Island in Dalian, China.
Covid-19 and a pessimistic economic outlook will have a near-term impact on oil demand and the refining sector in Asia Pacific. But in the long-run, demand continues to be robust driven by a future demand for mobility and petrochemicals.
The gradual appreciation of refinery utilisation is likely to enable refining companies to remain focused on key growth projects that would ensure long-term competitiveness to deliver strong future growth, according to GlobalData.
Linde has started up a new air separation unit and the first of three nitrogen generators, as part of a 15-year contract to supply ultra-high purity industrial gases to a major electronics customer in Taiwan.