Asia Pacific downstream news

Southeast Asian companies in the plastics industry have been forced to downsize their CAPEX for 2020 as a measure to sustain during the crisis.

The contract was awarded by Shandong Yulong Petrochemical Co., Ltd., a subsidiary of China's Nanshan Group.

China’s private refiner Xinhai Group expects to more than double its crude oil refining capacity by the end of 2021.

Shell will halve crude processing capacity and cut jobs at its Pulau Bukom oil refinery in Singapore.

The process technology will be used for a 450 000 tpy high density polyethylene (HDPE) facility to be built in Pulau Muara Besar, Brunei Darussalam.

The UNIPOL PP facility, located in Tuban, Indonesia, will include two lines, each designed to produce 580 000 tpy of polypropylene.

Rotork’s GP heavy-duty scotch yoke actuators have been installed at a South Korean LNG Terminal.

According to GlobalData, Asia is expected to witness the highest global liquids storage capacity additions, contributing around 46% by 2024.

Oriental Energy Company Ltd. will use Honeywell UOP’s C3 Oleflex technology for propane dehydrogenation.

Marie Tecnimont Group’s NextChem and Indian Oil Corp. have signed a circular economy memorandum of understanding (MOU) for India.