Asia Pacific downstream news
Mitsubishi HPS receives order for flue-gas desulfurisation systems
The project aims to use FGD systems to reduce emissions of sulfur oxide and soot dust, helping to clear and reduce air pollutants in India.
What next for the oil market as the US reimposes sanctions on Iran?
According to Wood Mackenzie, the oil market faces a precarious few months. The imposition of US secondary sanctions on Iranian exports today is the critical factor behind Brent’s rally to over US$80/bbl in October. There is enough supply to meet demand this winter, but the margin for error is narrow.
Indian oil companies sign LPG MoU with government services body CSC
CSC will support the companies with services such as booking new LPG connection, refills and supply and distribution.
Air Products to acquire GE’s gasification business and technology
Acquisitions include air separation units, pressure swing adsorbers, carbon monoxide cold box equipment and more.
China’s acrylonitrile-butadiene-styrene industry to be import dependent until 2022, says GlobalData
Latest report says that reliance is primarily due to growing demand from the household appliances, electronics, automotive and industrial sector.
Linde partners with Sinochem on new air separation unit
The joint venture marks the first partnership between the companies.
Woodside signs cooperation agreement with ENN
The companies will explore a broad range of potential business opportunities.
Philippines shortlists companies for LNG terminal, reports Reuters
According to a Reuters report, proposals have been narrowed down to those from PNOC, Tokyo Gas and CNOOC.
Product demand growth to succumb to economic pressures in 2020, says ESAI Energy
Latest report forecasts increased growth to be curtailed by a slowdown in global economic growth.
MHI receives contract for Bangladesh fertilizer plant
MHI will undertake EPC responsibilities for the plant to be built in Polash, 50 km northeast of Dhaka.