Asia Pacific downstream news

The Saudi Basic Industries Corp. have announced the signing of a Project Development Agreement with Rongsheng Petrochemical Co. Ltd. to jointly advance the development of the Jintang New Materials Project in Zhoushan, Zhejiang Province, China.

ABB has won an order from Zhejiang Petroleum & Chemical to deliver ProcessMaster FEP600 electromagnetic flowmeters with Ethernet-APL (Advanced Physical Layer) connectivity for an upgrade at a large refining and petrochemical complex in China.

KBR's ROSE® technology has been successfully commissioned by HPCL Visakh refinery at its new residue upgradation facility (RUF) in India.

KBR has been selected to provide technology licensing and FEED services based on its PureSAF technology for the proposed SAF plant being developed by Keppel and Aster on Singapore’s Jurong Island.

PETRONAS and JERA have signed a new long-term supply deal extending partnership into 2040s.

INEOS Energy has signed an LNG supply agreement with Marubeni Corp. for delivery into Asian markets from 2029.

Clariant have announced the successful operation of its FAMAX formaldehyde catalysts at two world-scale production facilities operated by Yihua Group in China, at two formaldehyde plants.

Aramco and PETRONAS have announced the signing of an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Co. and Pengerang Petrochemical Co. to PETRONAS.

Eni has signed three long term agreements with the LNG sellers of South Hub and North Hub gas projects for the purchase of LNG in Indonesia.

Aster has taken FID to proceed with the US$80 million project to expand ethylene export capacity at its ethylene cracker complex in Singapore.