Asia Pacific downstream news
Aramco purchases stake in Hyundai Oilbank, South Korea
Saudi Aramco will acquire a 17% stake in South Korea’s Hyundai Oilbank for approximately US$1.25 billion.
Dow and PETRONAS collaborate to cut carbon emissions
Dow will work with PETRONAS Chemicals Group as its first carbon savings contributor to the Dow-International Olympic Committee Official Carbon Partnership.
Asia to contribute 49% of global petrochemical capacity additions by 2030
New report from GlobalData forecasts that Asia will be a major contributor to growth in the global petrochemical industry by 2030.
Successful start up for new Clariant catalyst at Petrowidada plant
Clariant’s new catalyst, for selective oxidation of ortho-xylene to phthalic anhydride, has been successfully started up in the Petrowidada in Indonesia.
Total and partners sign gas agreement with Papua New Guinea
Total, ExxonMobil and Oil Search have signed the agreement with Papua New Guinea, defining the fiscal framework for the Papua LNG Project.
hte carry out successful catalyst evaluation for PTT Global Chemical
PTT Global Chemical chose hte for an independent commercial catalyst evaluation in hydroprocessing prior to a change-out in 2020.
Axens technology to be installed at Rajasthan integrated refinery and petrochemical complex
HRRL has selected Axens to supply technology for its new integrated refinery and petrochemical complex in Pachpadra Tehsil, India.
One year with no downtime or LTI at Expro-built gas processing plant in India
Expro, the British company awarded the contract to install, commission, and maintain the gas plant in 2016, celebrates a year free of downtime or LTI.
ENN signs a Heads of Agreement of Sales and Purchase with Woodside Energy
Australia’s Woodside Energy has agreed to export 1 million tpy of LNG to ENN in China over a period of 10 years.
Indian LNG import terminal capacity to double by 2022 according to Research and Markets
Research and Markets has released its ‘LNG Business and Market Outlook in India – 2019’ report examining the Indian LNG forecast up to 2030.