Refining

The Martinez refinery in California will be converted to a terminal facility.

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.

Transcend Solutions has announced the completion of its most recent round of capital expansion.

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.

Delivery of the valves is scheduled through next year to meet the customer’s requested timeline.

In a recent blog post on its website, the AFPM has stated that Renewable Fuel Standard (RFS) targets are based on outdated projections.

The cost of the facility is estimated to be US$4 billion.

ZheJiang Petroleum & Chemical has selected Axens’ catalysts for pyrolysis gasoline selective hydrogenation units that are part of an ethylene plant in Zhoushan City, China.

The transaction is expected to close prior to the end of calendar year 2020.

AFPM has announced the winners of the 2019 Annual Safety Awards, part of an ongoing mission to enhance and recognise outstanding workplace safety.

The transaction is expected to close in 2H20.

The last remaining LCCP unit to come online is the Low Density Polyethylene (LDPE) plant, which is expected to achieve beneficial operation before the end of October 2020.

The joint venture will manufacture and market bitumen derivatives and specialty products for the growing road-building industry in India.

Total has signed an agreement to sell the Lindsey refinery and its associated logistic assets to the Prax Group.

The restart follows a three-week maintenance shutdown.