Downstream contract news
GlobalData: China to dominate the global plastics demand in 2026
A strong manufacturing sector prompts China to account for more than a third of global plastics consumption, according to GlobalData.
ABB extends automation and electrical scope for Rio Grande LNG Trains 4 and 5
ABB has been awarded additional orders by Bechtel, extending its scope to deliver integrated automation and electrical solutions for Trains 4 and 5 of the Rio Grande LNG facility in the US.
ST LNG selects Baker Hughes as technology provider
Baker Hughes has been chosen to supply critical gas compression, power generation equipment, and project development support for ST LNG’s proposed 8.4 million tpy LNG export terminal offshore the US.
Tecnimont awarded US$50 million for Guaracara refinery upgrade project
MAIRE has announced that Tecnimont has been awarded a rehabilitation study contract worth US$50 million for the upgrading of the Guaracara Refinery Complex, located in Point a Pierre, Trinidad and Tobago.
Phillips 66 and Kinder Morgan announce extension of open season for Western Gateway
Phillips 66 and Kinder Morgan, have announced an extension of the second open season for the Western Gateway Pipeline, a newly proposed refined products pipeline system.
Nextchem secures feasibility studies for two plastic upcycling projects
MAIRE has announced that Nextchem has been awarded two feasibility studies in Southern Africa and Southeast Asia dedicated to mechanical upcycling and compounding plants.
Ketjen and Aramco collaborate on FCC catalysts
Ketjen Corp. and Aramco have entered into a joint development agreement to co-develop, test, and deploy next-generation fluid catalytic cracking catalysts and additives.
Venture Global and Vitol announce new LNG purchase agreement
Venture Global, Inc. and Vitol have announced the execution of an agreement for the purchase of approximately 1.5 million tpy of US LNG from Venture Global for five years commencing in 2026.
Econotherm to supply heat pipe heat exchanger in Thai refinery
Econotherm has announced that it has been awarded a contract to supply a heat pipe-based fired heater air-preheater to a major refiner in Thailand.
ADNOC and OMV advance formation of Borouge Group International AG
ADNOC and OMV have announced strong progress towards the formation of Borouge Group International AG, including the signing of an Asset Usage Agreement for the Borouge 4 (B4) production complex.