Asia Pacific downstream news

Chiyoda has announced that it has been awarded the FEED contract for installing SAF production facilities in Taiyo Oil’s Okinawa Operations, Japan.

BPCL and Oil India are set to build an integrated greenfield refinery and petrochemical plant in Ramayapatnam, India, with an estimated investment of IR1 lakh crore (US$11 billion).

Mitsui Chemicals Inc. and Polyplastics Co. Ltd have announced that the companies have entered into a contract regarding marketing operations for engineering plastics products.

Yokogawa has announced it has signed a memorandum of cooperation (MoC) with Sinopec Engineering (SEG) to collaborate on engineering, procurement, and construction (EPC) for SEG's projects worldwide.

Petrobras has signed a 6 million bbl oil sales contract with the Indian state-owned refiner Hindustan Petroleum Corp. (HPCL ) on the 16 October 2025.

RINA has been awarded the front-end engineering design (FEED) contract by PETRONAS for the southern onshore facilities of Malaysia’s carbon capture and storage (CCS) development.

At the 7th National Alkane Dehydrogenation Industry Innovation and Development Forum in Ningbo, China, on 26 August 2025, Rezel Catalysts Corp. announced the successful first industrial application of its independently developed chromium-based fixed-bed propane dehydrogenation (PDH) catalyst.

Clariant completes its CHF 100 million investment in the Daya Bay facility, China, with the second production line fully operational in November 2025.

The US EIA estimates crude oil inventories in China increased by about 900 000 bpd between January and August 2025, essentially acting as a source of demand by removing barrels from the global markets.

BASF has reached two significant milestones at its Zhanjiang Verbund site, China: the start-up of the butyl acrylate (BA) plant and the mechanical completion of the steam cracker and all integrated petrochemical plants.