Asia Pacific downstream news

GE has announced it has signed a 15 year service contract for water treatment and monitoring at one of Russia’s largest petrochemical plants.

Sinopec Corp. has announced it will buy interest in Shanghai SECCO Petrochemical Company Limited from BP for US$1.68 billion.

Itochu Corporation has announced its acquisition of shares in an LPG import terminal in India.

Climeworks has announced the launch of the world’s first commercial plant to capture CO2 from air.

Oriental Energy Company Ltd. has announced it has started propylene production at two of its facilities using Honeywell technology.

Recon Technology has announced it has reached an agreement to provide wastewater treatment equipment and solutions for a PetroChina petroleum refinery.

Caspian Sunrise has announced that it expects all conditions for the merger and the associated capitalisation of the Vertom loan, will be concluded by 1 June 2017.

KBR has announced its return to Malaysia with its joint venture with BIV Builders.

Wison Engineering has announced it will collaborate with Honeywell UOP on international methanol-to-olefins projects.

Koch Supply & Trading, JOVO, MISC and Teekay Marine Solutions have announced the signing of a pioneering deal in LNG ship-to-ship transfer.