Asia Pacific downstream news
North America and Asia lead global new-build LNG capacity growth
GlobalData has reported that North America and Asia will be the frontrunners in terms of global LNG liquefaction and regasification capacity growth.
SINOPEC to expand production of low-sulfur marine fuel oil to 10 million t
By 2020, SINOPEC plans to have a production capability of 10 million t of low-sulfur marine fuel oil, increasing to 15 million t by 2023.
BASF-YPC starts up second propionic acid plant in Nanjing
BASF-YPC has started up its second propionic acid plant with SINOPEC in Nanjing, China.
Worley awarded Thaioil services contract
Worley will provide engineering, procurement and construction management services for Thaioil’s refinery.
Petronas Floating LNG Satu achieves first LNG drop at new location
Petronas Floating LNG Satu achieves its first LNG drop after its relocation to the Kebangan cluster field.
BASF announces plastic plans for new Verbund site in China
BASF to build engineering plastics and thermoplastic polyurethanes plants at their new Verbund site in Zhanjiang, China.
Hyundai Chemical selects Univation technology for new polyethylene plant
Univation’s UNIPOL PE technology will be used for Hyundai Chemical’s new high-density polyethylene plant.
Santos reaches important PNG LNG milestone
Santos has signed a binding letter of intent to acquire a 14.3% interest in Papua New Guinea’s PRL 3, containing the P’nyang natural gas field.
Industrial and speciality gases demand to create new investment opportunities
Demand for industrial and speciality gases to create investment opportunities for air separation plant supermajors, reports Future Market Insights.
Trade war leaves LNG projects vulnerable
Rystad Energy forecasts that the escalating trade war between the US and China may put many LNG projects at risk of FID deferrals.