Downstream petrochemical news

Ascend Performance Materials has announced it will develop new bulk loading facilities for deliveries of its hexamine product.

Oxea has announced it has begun building its second propanol unit at its production site in Bay City, Texas.

According to Lucintel, the global basic petrochemical market is expected to reach US$603.2 billion by 2021.

Shandong Yuhuang Shengshi Chemical has selected LyondellBasell Hostalen ACP PE Technology for its petrochemical complex in Heze, China.

Danos has announced it has been selected to provide materials management services for the construction of a new petrochemical processing plant in the Northeastern US.

The American Chemistry Council has applauded ExxonMobil’s planned investments in the US Gulf Coast.

According to IHS Markit, despite economic slowdown and overcapacity, China is still to drive global petrochemical market growth.

Toyo Engineering Korea has been awarded the FEED contract for a new polyethylene project in Indonesia.

Siemens will supply rotating equipment for a major petrochemical project in Oman.

KBR has been awarded a revamp contract for LG Chem’s ethylene plant in Daesan, South Korea.