Asia Pacific downstream news

Honeywell UOP process monitoring technology is to be used by Fujian Meide Petrochemical for its propylene unit.

Hanwha Total Petrochemical has increased its ethylene production capacity by 30% following a US$450 million investment.

GlobalData has reported that China Petrochemical Corp. is likely to add 9% of new-build liquids storage capacity growth by 2023.

Aspen Technology has announced that China HuanQiu Contracting and Engineering Corp. has implemented its asset optimisation software.

Air Liquide has signed a contract for the supply of hydrogen to Pilipinas Shell’s Tabangao refinery in Batangas, Philippines.

Clariant has announced the favourable results for the first year of operation of its methanol synthesis catalyst in Yinchuan, China.

SUEZ has won the contract for a centralised wastewater treatment facility in the Dongying Chemical Industry Park, China.

LyondellBasell has signed a MoU to expand in China through a joint venture with Liaoning Bora Enterprise Group.

Saudi Aramco has signed a memorandum of understanding with China’s Zhejiang Free Trade Zone, expanding the company’s downstream investment.

GlobalData has reported that Asia will hold a 43% share of new-build liquids storage capacity by 2023.