Downstream news
Chart recognised for its impacts to the clean energy transition
Chart Industries Inc. has recently been recognised for its impacts to the clean energy transition and investments in high growth markets.
OPEC+ agreement to reduce production contributes to rebalancing
The EIA reports that the OPEC+ agreement to reduce production has contributed to global oil market rebalancing.
GlobalData: FSU and Asia to spearhead global refinery coking unit capacity growth by 2024
The two regions are likely to add in the region of 757 000 bpd of refinery coking capacity by the end of 2024, according to GlobalData.
Siemens Energy wins contract from Nigeria LNG
Nigeria LNG has selected Siemens Energy to provide a cryogenic boil-off gas compression train for its Bonny Island plant.
Air Liquide to construct air separation unit in Tianjin
The unit will support the growth of the chemical and steel industries in the Tianjin basin.
CNOOC completes performance testing of DuPont hydrotreating unit
The IsoTherming VGO hydrotreater at CNOOC's Huizhou Refinery is designed to process 51 419 bpsd (2600 kmta) of a vacuum gasoil feedstock as feed for the FCC unit.
Hempel holds groundbreaking ceremony for new factory
With an annual production capacity of 200 000 t, Hempel’s new factory in Yangtze International Chemical Industrial Park in Zhangjiagang will be the company’s largest production site in the region.
CLH acquires 15 liquid product storage terminals in Europe
CLH has acquired the liquid product storage facilities of Inter Terminals in the United Kingdom, Ireland, Germany and the Netherlands.
LEWA Nikkiso Russia becomes Nikkiso Industrial Russia
Effective 1 October 2020, LEWA Nikkiso Russia will be consolidated into the Nikkiso Cryogenic Industries Group under the name Nikkiso Industrial Russia.
Burckhardt Compression successfully issued a CHF 100 million bond
The bond is primarily intended to finance the recently announced acquisition of the remaining 40% stake in Shenyang Yuanda Compressor.