Asia Pacific downstream news
BP licenses PTA technology to Dongying Weilian Chemical
BP has licensed its latest generation purified terephthalic acid technol-ogy to Dongying Weilian Chemical in China.
Exports key to China’s polyolefins demand growth in 2020
Wood Mackenzie has reported that the global appetite for plastics is the key to China’s polyolefins demand growth in 2020.
CIRCOR opens new manufacture, sales, and service facility in China
CIRCOR has announced that it has completed its expansion in Weihai Economic & Technological Development Zone, China.
CNOOC, Shell, and Huizhou Government sign petrochemical contract
CNOOC, Shell, and the Huizhou Government sign agreement to further expand petrochemical complex in China.
Odfjell sells its ownership share of Chinese terminal
Odfjell has announced the sale of its ownership share of a terminal in Dalian, China.
China’s largest petrochemical port enters operation
Sinopec has announced that it has put China’s largest petrochemical port into operation.
Asian refinery hydrocracker unit capacity growth to be led by China
GlobalData has reported that China will spearhead Asian refinery hydrocracking unit capacity growth by 2024.
Axens selected for CHPCL petrochemical complex expansion
Axens aromatics production technology has been selected by CHPCL for its petrochemical complex expansion project in China.
Chinese refining companies show signs of recovery
GlobalData has reported that Chinese refining companies are beginning to show signs of recovery after COVID-19.
Wood Mackenzie: Saudi Arabia crude OSPs bode well for Asia
Wood Mackenzie has reported that Saudi Arabia’s May 2020 Official Selling Prices for crude exports target Asian refiners with steep discounts.