Downstream news

The companies' boards have approved initial discussions to study the feasibility of a merger.

Chevron Phillips Chemical Co. LLC has announced that Justine Smith has joined the company as Senior Vice President, Petrochemicals.

Nakilat has assumed full ship management and operations of the Q-Flex LNG carrier Al Rekayyat from Shell International Trading and Shipping Co. Ltd.

The API’s August Monthly Statistical Report shows that the US returned to being a net energy exporter in August despite Hurricane Laura and the COVID-19 pandemic.

The new plant, to be operated by local Polyplastics subsidiary TOPAS Advanced Polymers GmbH, will have a capacity of 20 000 tpy, more than doubling the company’s current output.

OQ Chemicals has entered into an agreement to licence technology for the production of ethylene and propylene derivatives to Duqm.

Mangalore Refinery and Petrochemicals has awarded LanzaTech a contract to commence the basic engineering for an integrated processing facility to convert locally available agricultural residues into fuel grade ethanol.

A naming ceremony was recently held at the Sakaide Works of Kawasaki Heavy Industries Ltd for Japan’s first LNG bunkering vessel.

The recent uptick in industrial/ business activities and gradual re-opening of economies are set to strengthen the demand for polymers.

API 2350 provides guidance for the safe transfer of petroleum products to storage tanks.