Downstream news
Asia had highest crude oil refinery maintenance globally in 2020, says GlobalData
The region had a refining capacity of 11.5 million bpd under both planned and unplanned maintenance in 2020, according to GlobalData.
Nature Energy places biogas upgrading plant order with Wärtsilä
The biogas plants will be installed in Kvaers and Kong, Denmark.
Consortium expresses interest in renovating Esmeraldas refinery in Ecuador
A consortium including Hyundai Engineering Co Ltd and KBR Inc has expressed interest in a contract to renovate Ecuador’s 110 000 bpd Esmeraldas refinery.
Air Products and Shandong Binhua New Material sign gas supply contract
Air Products will build, own and operate several onsite gas production facilities in the Binzhou Port-centred Chemical Industry Park.
GlobalData: China to lead global propylene capacity additions by 2030
China is predicted to account for 48% of the global propylene capacity additions by 2030.
Nel ASA secures green hydrogen electrolyser agreement
Nel ASA is set to deliver a 20 MW electrolyser for a green hydrogen production facility in Denmark.
L&T Hydrocarbon Engineering awarded EPCC contract by HRRL
The contract is for setting up a dual feed cracker unit and fluidised catalytic cracking for the Rajasthan Refinery Project in Barmer, Rajasthan, India.
GlobalData: North American petrochemical producers might see long-term cost advantage by reducing CAPEX for 2021
North American petrochemical majors that strive to pace investments efficiently, in line with market trends, will boost their competitiveness and seize further opportunities for growth over the long-term, says GlobalData.
Global Compression Services launches one-stop shop for natural gas compressor parts and services
Global Compression Services will operate from 11 locations servicing the top shale plays in the lower 48 US states.
Neste acquires minority stake in Alterra Energy
The collaboration between the companies will include joint technology development and global technology licensing, enabling the partners to collaborate in commercialising Alterra’s proprietary thermochemical liquefaction technology in Europe.