Downstream news
Total US petroleum demand reaches highest level since 2005
The API has reported that US petroleum demand hit 20.8 million bpd in July, the highest level since 2005.
Kinder Morgan to enhance Houston Ship Channel terminal capabilities
Over US$170 million will be spent by Kinder Morgan to enhance its terminal capabilities in the Houston Ship Channel.
World’s largest dehydrogenation plant successfully started up
Clariant has announced that Hengli’s new dehydrogenation plant in China has been successfully started up.
Orbital Gas Systems wins new contract
Orbital Gas Systems wins VE technology order from major US gas network and infrastructure company.
Bunkering JV launched
Frontline Ltd and Golden Ocean Group Ltd have invested in a marine fuels bunkering joint venture with Trafigura.
Honeywell UOP commissions second propylene plant for Zhejiang Satellite
Honeywell UOP’s catalytic dehydrogenation technology is being used in a 450 000 tpy petrochemicals unit in China belonging to Zhejiang Satellite.
Rider Hunt International rebrands
Rider Hunt International has announced a new corporate identity and name, rhi, alongside plans to expand.
BASF and the University of Heidelberg continue their cooperation
BASF and the University of Heidelberg have signed a contract to extend their Catalysis Research Laboratory cooperation by three years.
Dow to divest its Acetone Derivatives business
Dow is divesting its Acetone Derivatives business to ALTIVIA Ketones & Additives.
Australia ramping up LNG production
The EIA reports that Australia is on track to become world’s largest LNG exporter.