Asia Pacific downstream news

Hindustan Petroleum Corp. Ltd (HPCL) has acquired a 50% equity stake in HPCL Shapoorji Energy Private Ltd (HSEPL) from S P Ports Private Ltd.

Puma Bitumen has announced the opening of its latest bitumen terminal in Chennai, India. The new terminal will produce up to 40 000 tpy of asphalt to support infrastructure growth in the country.

Clariant’s additives business aims to support the needs of China’s growth industries, with new facilities to foster R&D and joint application technology developments at the One Clariant Campus (OCC).

Lummus Technology has announced an award for its ethylbenzene technology from a customer in Jiangsu Province, China.

China Petroleum & Chemical Corp. (Sinopec) has signed an agreement with Qatar Petroleum to purchase 2 million tpy of liquefied natural gas (LNG) for a term of 10 years.

Lotte GS Chemical Corp. has selected Honeywell technology for its phenol and acetone production at its petrochemicals facility in Yeosu, Korea.

Clariant Catalysts has opened a new research and development (R&D) centre at its new One Clariant Campus (OCC) in Shanghai.

The Maritime and Port Authority of Singapore (MPA) has awarded a third liquefied natural gas (LNG) bunker supplier license to Total’s subsidiary Total Marine Fuels Private Ltd.

ADNOC LNG has awarded a rejuvenation FEED contract to Worley to extend the life cycle of two LNG trains located in ADNOC’s Das Island Facilities.

According to GlobalData, China is expected to lead the liquids storage capacity growth in Asia, contributing about 50% of the total capacity growth between 2021 and 2025.