Asia Pacific downstream news

LNJ GreenPET have announced the signing of an MoU with Sumitomo Corp. to establish collaboration in the growing recycled polyethylene terephthalate (r-PET) sector in India.

TotalEnergies has signed a heads of agreement for the annual delivery in South Korea of 1 million tpy of LNG over a 10-year period.

Aramco, Sinopec, and FPCL have announced the establishment of a new joint venture, Fujian Sinopec Aramco Refining and Petrochemical Co., Ltd, to develop an integrated refining and petrochemical complex in China.

ExxonMobil Corp. and GHGSat have announced a partnership to monitor and mitigate methane at scale across ExxonMobil’s onshore operations globally.

Axens has started up a 100% SAF unit at site in Asia, which has the capacity to entirely convert 300 000 tpy of renewable feedstock into high value SAF.

Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical have established an LLP to achieve carbon neutrality and production capacity optimisation for two ethylene manufacturing facilities in Western Japan.

Baker Hughes has announced a long-term service agreement award from BP for its Tangguh LNG plant in Papua Barat, Indonesia.

CTCI has announced that it was awarded an LNG terminal-related EPC contract to help CPC Corp. build regasification facility at Kaohsiung Intercontinental LNG Receiving Terminal in southern Taiwan.

Evonik has inaugurated its new world-scale alkoxides production facility on Jurong Island, Singapore – marking a major milestone in its global catalyst strategy.

US jet fuel consumption growth has slowed in 2025, following a period of rapid consumption growth after 2020, as US air travel recovered from the COVID-19 pandemic, the EIA has reported.