Asia Pacific downstream news
Non-US projects to boost global LPG supply
Australian and Russian projects are set to supplement limited US LPG exports as global demand reaches seasonal peak.
OPITO appoints director to support global skills development
OPITO has appointed Mark Cullens to the new role of director of strategic development.
Par Pacific to buy select refining assets from IES
Par Pacific will purchase certain units from IES following IES's announcement of the cessation of their refining operations.
Production shutdowns and dip in operating rates challenge MMA market
Research by IHS Markit suggests that global MMA demand is increasing as supply becomes increasingly constrained.
TechnipFMC awarded contract for Vietnam’s first olefins plant
LSP has awarded a contract to TechnipFMC for the construction of Vietnam's first olefins plant.
Excelerate Energy commissions Bangladesh’s first LNG import terminal
Moheshkhali floating LNG terminal has commenced operations in the Bay of Bengal.
Petronas Chemicals eyeing acquisitions to boost specialty business
Reuters reports that the Malaysian state energy firm is seeking acquisitions in a bid to expand its specialty chemical business.
China’s crude-to-chemicals mega-facilities may heavily impact PX exporters
A wave of private investment in new integrated plants is set to reduce China's reliance on regional paraxylene imports.
GlobalData: China to continue leading global propylene capacity growth until 2026
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.
Union Tech provides rising-stem ball valves for MTO project in China
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.