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Downstream petrochemical news

 
 
 
 
 
 

BASF to divest shares in its two joint ventures in China

BASF has started the process to divest its shares in the two joint venture (JV) companies BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China.

 
 

Australasia: a trimmed down downstream

Nancy Yamaguchi, Contributing Editor, discusses Australia’s retreat from refining and the consequent impact on regional oil trade.