Asia Pacific downstream news

The Seri Erlang VLEC is the second of six contracted VLECs purpose-built for longterm charter to Zhejiang Satellite Petrochemical Co. Ltd. (STL).

The region had a refining capacity of 11.5 million bpd under both planned and unplanned maintenance in 2020, according to GlobalData.

Air Products will build, own and operate several onsite gas production facilities in the Binzhou Port-centred Chemical Industry Park.

China is predicted to account for 48% of the global propylene capacity additions by 2030.

Lotte Chemical, LG Chem and YNCC are set to restart their naphtha crackers in December and January.

Sinopec Corp’s Qilu refinery has resumed operations after a more than three-month overhaul.

The Hinduja Group’s Gulf Oil International Ltd has made an agreement to acquire the Ocean Tankers (PTE) Ltd facility assets in Singapore.

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.

The five-year corrective maintenance contract includes the provision of maintenance and repairs for all mechanical and electronical instruments at the lube oil blending facility in Bangkok.

Kaijin Blue Sky Energy is building a facility in Wenzhou, Zhejiang Province, China, using LyondellBasell's polypropylene technology.