Downstream news

SIBUR describes the development of the company’s latest R&D centre in Moscow, Russia.

The para-xylene-purified terephthalic acid complex shall be integrated with IndianOil's Paradip refinery, which has been operational since 2015.

The Martinez refinery in California will be converted to a terminal facility.

Covid-19 and a pessimistic economic outlook will have a near-term impact on oil demand and the refining sector in Asia Pacific. But in the long-run, demand continues to be robust driven by a future demand for mobility and petrochemicals.

Transcend Solutions has announced the completion of its most recent round of capital expansion.

The gradual appreciation of refinery utilisation is likely to enable refining companies to remain focused on key growth projects that would ensure long-term competitiveness to deliver strong future growth, according to GlobalData.

Neuman & Esser Group (NEA) has acquired Norwalk Compressor Co.’s manufacturing assets, products, trademarks and workforce.

Siemens Energy is to supply 20 compression trains for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage project.

Delivery of the valves is scheduled through next year to meet the customer’s requested timeline.

In a recent blog post on its website, the AFPM has stated that Renewable Fuel Standard (RFS) targets are based on outdated projections.