Axens will provide two hydrocracking units for naphtha production at the Chinese petrochemical complex owned by Shenghong Refining & Chemical.
A major milestone for ADNOC, the first-ever UAE-produced calcined coke shipment has set sail for China.
Zhejiang Energy will receive 1 million tpy of LNG from ExxonMobil for 20 years and is planning to build an LNG receiving terminal.
GlobalData has reported that Asia and North America will lead global polyethylene capacity additions by 2023.
Showa Denko Gas Products Co., Ltd. (SGP) has established a new plant to produce liquefied carbon dioxide.
PetroChina will use LyondellBasell’s Hostalen ACP technology for three petrochemical plants with a total capacity of 1.1 million tpy of HDPE.
Saudi Aramco will acquire a 17% stake in South Korea’s Hyundai Oilbank for approximately US$1.25 billion.
Dow will work with PETRONAS Chemicals Group as its first carbon savings contributor to the Dow-International Olympic Committee Official Carbon Partnership.
New report from GlobalData forecasts that Asia will be a major contributor to growth in the global petrochemical industry by 2030.