Asia Pacific downstream news

Reuters reports that the Malaysian state energy firm is seeking acquisitions in a bid to expand its specialty chemical business.

A wave of private investment in new integrated plants is set to reduce China's reliance on regional paraxylene imports.

The company’s latest report forecasts that the global propylene capacity is poised to see considerable growth over the next nine years from 121.3 million tpy in 2017 to 148.1 million tpy in 2026.

Earlier this year, Union Tech was awarded a contract to install Z4 rising-stem ball valves and paired actuators in Nanjing Chengzhi Yongqing Energy Technology’s 600 kilotonnes per annum methanol-to-olefins (MTO) project.

The new facility in Sydney features a revamped 2 MW engine test cell with an improved acoustic attenuation and an increased crane capacity.

Vietnam’s Ministry of Industry and Trade released a statement on Monday saying it will respond to a request from the Nghi Son oil refinery to export fuels such as gasoline and diesel “soon”.

A two-stage dry-running booster compressor manufactured by Mehrer Compression GmbH has helped the Taiwanese Oriental Union Chemical Corp. improve energy efficiency.

Toyo Engineering Corp. has secured a contract to add two naphtha cracking furnaces to increase ethylene production at Maruzen Petrochemical Co’s Chiba plant in Japan.

Under the terms of the contracts, two 100 000 metric tpy polycarbonate plants in China will use KBR's proprietary phosgene-based interfacial polycarbonate technology PCMAX™.

Reuters is reporting that the Nghi Son oil refinery in Vietnam is seeking approval from the Ministry of Trade and Industry to export oil products, according to three industry sources.