Downstream news
IEA: permanent oil refinery closures accelerating
Permanent refining capacity closures expected for 2020 – 2021 have risen to about 1.7 million bpd, the IEA has said in its monthly report.
Sibur introduces technology for modelling gas chemical reactions
The technology makes it possible to accurately model physical and chemical processes at petrochemical facilities.
Shell cutting capacity at Singapore refinery
Shell will halve crude processing capacity and cut jobs at its Pulau Bukom oil refinery in Singapore.
LyondellBasell grants Hostalen ACP licence to Hengyi Industries
The process technology will be used for a 450 000 tpy high density polyethylene (HDPE) facility to be built in Pulau Muara Besar, Brunei Darussalam.
Grace licenses UNIPOL technology to PT Pertamina-Rosneft joint venture
The UNIPOL PP facility, located in Tuban, Indonesia, will include two lines, each designed to produce 580 000 tpy of polypropylene.
EIA: US refinery runs remain lower than the five-year range
As of 30 October, US refinery runs were 14 million bpd, or about 13% lower than the average for this time of year, according to the EIA Weekly Petroleum Status Report.
Refining sector braces for ‘great shakeout’
Demand destruction wrought by the impacts of COVID-19 is precipitating rapid rationalisation in the refining sector, reports IHS Markit.
Alberta pushes to be petrochemical powerhouse
Alberta has launched a new programme to bolster its aggressive efforts to become a global petrochemical powerhouse.
INEOS launches a new clean hydrogen business
INEOS has launched a new business to develop and build clean hydrogen capacity across Europe.
Yellow metal corrosion control
Daniel Meier and Renate Ruitenberg, Nalco Water, an Ecolab Company, USA, outline how new corrosion inhibitors can help protect both the assets and the water at industrial sites.