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Asia Pacific downstream news

 
 
 

CB&I awarded petrochemical contract in China

Hainan Huasheng New Material Technology Co. Ltd has awarded CB&I a contract for the license and engineering design for a diphenyl carbonate petrochemical unit.

 

ADNOC signs naphtha agreements

ADNOC has signed two new three-year deals for the sale of up to 1.5 million tpy of naphtha as part of its 2030 smart growth strategy.

 
 
 

GlobalData: Downstream M&As down in 2H17

According to a GlobalData report, merger and acquisition deals in the downstream sector totalled $21.1 billion in 2H17, down from $26.2 billion in 1H17.