Downstream news
PEC reports fall in net profit
PEC has reported a net profit of S$13.9 million in FY17 compared to S$22.3 million in the corresponding period of last year.
Fluor celebrates 20th anniversary at Irving
Fluor Corp. recently celebrated 20 years of providing engineering, procurement and construction support services for Irving Oil Ltd.
LNG to help meet new marine fuel regulations
The refining and shipping industries will experience rapid change due to new marine bunker fuels regulations. LNG will be part of the solution, according to IHS Markit.
Burckhardt Compressions wins MEG plant contract
Burckhardt Compression will deliver its Laby® compressor system for the largest MEG plant in the US.
Dow plans to boost stake in Sadara Chemical Co.
The Dow Chemical Co. and Saudi Aramco have signed an MoU for Dow to increase its stake in the Sadara Chemical Co. to 50%.
Sinopec shares 1H17 refining and chemicals segment update
Sinopec has provided updates and outlooks on its refining and chemicals businesses.
thyssenkrupp extends its presence in Brunei's petrochemical industry
thyssenkrupp is set to provide engineering, procurement and construction services for Brunei Fertilizer Industries' new fertilizer production facility.
ExxonMobil acquires aromatics plant
ExxonMobil Chemical Co. has completed the acquisition of Jurong Aromatics Corp’s aromatics plant in Singapore.
IEA monitoring outcomes of Hurricane Harvey
The US IEA claims that it is too soon to assess how long oil production and refining operations will be disrupted due to Hurricane Harvey.
DuPont wins repeat STRATCO alkylation technology contract
DuPont has been awarded the contract to supply Sinopec with a second STRATCO alkylation unit.