Asia Pacific downstream news
Sinopec to buy interest in SECCO
Sinopec Corp. has announced it will buy interest in Shanghai SECCO Petrochemical Company Limited from BP for US$1.68 billion.
Itochu acquires shares in LPG import terminal
Itochu Corporation has announced its acquisition of shares in an LPG import terminal in India.
Climeworks launches world’s first CO2 capture plant
Climeworks has announced the launch of the world’s first commercial plant to capture CO2 from air.
Oriental Energy starts propylene production
Oriental Energy Company Ltd. has announced it has started propylene production at two of its facilities using Honeywell technology.
Recon reaches agreement for PetroChina refinery
Recon Technology has announced it has reached an agreement to provide wastewater treatment equipment and solutions for a PetroChina petroleum refinery.
Caspian Sunrise finalises merger
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 forms JV with BIV
KBR has announced its return to Malaysia with its joint venture with BIV Builders.
Wison Engineering to work with Honeywell UOP
Wison Engineering has announced it will collaborate with Honeywell UOP on international methanol-to-olefins projects.
STS transfer agreements signed
Koch Supply & Trading, JOVO, MISC and Teekay Marine Solutions have announced the signing of a pioneering deal in LNG ship-to-ship transfer.
Northern Oil advanced biofuels pilot plant opening
Southern Oil has announced the official opening of the Northern Oil advanced biofuels pilot plant, the first facility to convert waste products into renewable fuels in Australia.