Downstream news
Endress+Hauser and Vector CAG awarded refinery contract
Endress+Hauser and Vector CAG will serve as the main instrument vendor for a large Texas refinery.
Lukoil begins production of low-sulfur fuel oil
In line with IMO 2020 requirements, Lukoil has begun production of low-sulfur fuel oil.
India leads regasification capacity additions
GlobalData has reported that India will hold 18% of global LNG regasification capacity additions from new-build projects by 2023.
Aramco IPO could break records
Analysts from Saitama Rakuten International have reported that Saudi Aramco could raise the highest amount of capital from an IPO ever.
Polskie LNG signs equipment contract with Selas-Linde
Polskie LNG has signed a contract with Selas-Linde for the supply of two SCV vaporisers for the Swinoujscie LNG facility.
Yokogawa releases new technology for plant optimisation
Yokogawa has announced the release of a new product for the optimisation of process plant operations, aimed at improving productivity and maximising profits.
COOEC-Fluor completes pipe spool fabrication work for KIPIC
COOEC-Fluor has announced that it has completed the pipe spool fabrication portion of its contract for KIPIC’s Al-Zour refinery project.
New Russian polymer logistics hub opens
SIBUR has announced the opening of a new polymer logistics hub in Vorsino Industrial Park for the distribution of its polymer products.
Middle East to contribute 43% to global acetic acid capacity additions
GlobalData has reported that the Middle East is to propel global acetic acid capacity additions by 2023.
Royal Vopak acquires Algeciras terminal shares from Vilma Oil
Royal Vopak has concluded discussions with Vilma Oil for the acquisition of its minority stake in the Algeciras terminal, ahead of its sale to First State Investments.