Asia Pacific downstream news
China's refineries achieved record throughput in 2020
Annual throughput stood at 674.41 million t in 2020, or about 13.45 million bpd, up roughly 410 000 bpd from 2019, data from the National Bureau of Statistics shows.
Honeywell technology helps Hengli Petrochemical reduce nitrogen oxide and carbon emissions
Callidus burners reduced Hengli’s emissions, improving air quality and helping to eliminate causes of acid rain.
MISC takes delivery of Seri Erlang VLEC
The Seri Erlang VLEC is the second of six contracted VLECs purpose-built for longterm charter to Zhejiang Satellite Petrochemical Co. Ltd. (STL).
Asia had highest crude oil refinery maintenance globally in 2020, says GlobalData
The region had a refining capacity of 11.5 million bpd under both planned and unplanned maintenance in 2020, according to GlobalData.
Air Products and Shandong Binhua New Material sign gas supply contract
Air Products will build, own and operate several onsite gas production facilities in the Binzhou Port-centred Chemical Industry Park.
GlobalData: China to lead global propylene capacity additions by 2030
China is predicted to account for 48% of the global propylene capacity additions by 2030.
Three naphtha crackers in South Korea set to resume operating
Lotte Chemical, LG Chem and YNCC are set to restart their naphtha crackers in December and January.
Qilu refinery resumes operation following overhaul
Sinopec Corp’s Qilu refinery has resumed operations after a more than three-month overhaul.
Gulf Oil acquires Ocean Tankers’ facility assets
The Hinduja Group’s Gulf Oil International Ltd has made an agreement to acquire the Ocean Tankers (PTE) Ltd facility assets in Singapore.
Keppel and MPIC acquire petroleum products import storage facility in the Philippines
Keppel Infrastructure Trust (KIT) and Metro Pacific Investments Corp. (MPIC) have agreed to acquire Philippine Coastal Storage & Pipeline Corp. (PTSI), which owns a petroleum products import storage facility in the Philippines.