Asia Pacific downstream news
Global polyethylene capacity growth to be led by Asia and North America
GlobalData has reported that Asia and North America will lead global polyethylene capacity additions by 2023.
SDK Group starts mass production of liquefied carbon dioxide in Oita Petrochemical Complex
Showa Denko Gas Products Co., Ltd. (SGP) has established a new plant to produce liquefied carbon dioxide.
LyondellBasell licenses 1.1 million tpy Hostalen ACP capacity to PetroChina
PetroChina will use LyondellBasell’s Hostalen ACP technology for three petrochemical plants with a total capacity of 1.1 million tpy of HDPE.
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.