Asia Pacific downstream news
Fluor secures contract to design and build new Valvoline lubricants facility in China
The project is Valvoline’s first plant in China. Fluor booked the undisclosed contract value in 4Q18.
McDermott announces ethylene furnace award in Indonesia
McDermott International, Inc. has announced that it has been awarded a technology contract by PT Chandra Asri Perkasa.
Toyo-Korea awarded petrochemical project in Thailand
Toyo Engineering Korea Limited (Toyo-Korea), a Korean subsidiary of Toyo Engineering Corporation has been awarded engineering, procurement and construction project.
Pembina Pipeline Corp. announces positive final investment decision on an integrated petrochemical facility
The facility is expected to be in-service in mid-2023.
McDermott announces ethylene furnace award in Indonesia
Award includes detailed engineering of ethylene cracking heaters at the CAP2 plant.
Japan will be third largest contributor to crude oil refining capacity in Asia from 2018 to 2023, according to GlobalData
Japan was the third largest contributor to crude oil refining capacity in Asia with 3.519 million bpd in 2018.
WoodMackenzie: 150 000 bpd of Chinese refining capacity could close within the year
Rui Hou, Wood Mackenzie, comments on China's crude oil and refining outlook.
Tanglawan Philippine LNG receives DOE NTP approval for terminal
The company plans to break ground for the regasification and receiving terminal in 2019, with commercial operations targeted to start by 2023.
China to account for 44% of Asia’s crude oil refining capacity in 2023, says GlobalData
The country’s total refining capacity is forecast to increase at an AAGR of 4.5% in 2023.
Kemira forms chemicals JV in South Korea
NewCo will produce dry polyacrylamide and cationic monomer A9 among other chemicals.