Downstream petrochemical news

Malaysian group to prepare to invest up to RM300 million to acquire a petrochemical plant for long-term investment.

Bill Cassidy and Michael Bennet believe added revenue will support SPR maintenance and its long-term operational readiness.

Terminal Services Agreement awarded to New Zealand Oil Services Ltd.

The API’s latest statistical report shows that October demand was the strongest since 2006.

Specified alternatives include methanol, DME and ammonia.

88 stations linked to existing infrastructure.

The transaction represents approximately 20% of Green Plains’ reported ethanol production capacity.

Most of the plant’s equipment will be transferred to other Green Plains facilities.

The feedstock for the fuel is derived from recycled waste plastics.

The company has entered into a definitive agreement for the sale to Sunoco.