Downstream news
Stress Engineering Services acquires Laserstream
Stress Engineering Services Inc., (SES) has acquired Laserstream LP, a technical service company specialising in laser mapping of tubular assets.
Axens awarded licensing contract for Borouge 4 project in UAE
Aexens will supply a MTBE unit coupled with a 1-Butene production unit and 1-Hexene unit for the Borouge 4 project.
Shell Chemicals to produce polycarbonate
Shell and CNOOC reveal plan for a new polycarbonate production unit in China.
Global chemical supply and demand threatened by Middle East escalation
ICIS warns that escalating tension in the Middle East could seriously disrupt global trade in chemicals and oil products.
Asia Pacific gas and LNG themes to watch
Six themes that will impact Asia Pacific’s gas and LNG markets in 2020 have been identified by Wood Mackenzie
ADNOC and Reliance Industries sign petrochemical agreement
ADNOC has announced that it has signed a framework agreement with Reliance Industries Limited to explore the development of an ethylene dichloride facility.
Edgewater Midstream secures US$400 million equity commitment
Edgewater Midstream has announced a US$400 million equity commitment from EnCap Flatrock Midstream.
Heartland Canada Partners awarded PDH EPC contract
Fluor’s joint venture with Kiewit Construction Services, Heartland Canada Partners, has been awarded the EPC contract for the CKPC PDH unit.
Asia to contribute half of global petrochemical capacity additions
GlobalData has reported that Asia is to account for half of global petrochemical capacity additions by 2030.
Nikkiso Cryogenic Industries Group acquires GP Strategies' Alternative Fuels Division
The division focuses on the design, fabrication and maintenance of LNG, LCNG, CNG and hydrogen facilities.