Downstream petrochemical news

The company's Refining capital budget includes US$521 million of sustaining capital for reliability, safety and environmental projects.

NuStar Energy LP has announced that it has closed on the sale of its terminals in Texas City, Texas, US, to BWC Terminals for US$106 million.

With the US$69 billion acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.

Kaijin Blue Sky Energy is building a facility in Wenzhou, Zhejiang Province, China, using LyondellBasell's polypropylene technology.

Neles has signed seven new distributor agreements and one agent agreement in South and Central America during the last three quarters of 2020.

The 50/50 JV includes a 1.5 million t ethane cracker, 0.9 million t low-density and linear-low density polyethylene plants, and associated infrastructure near Lake Charles, Louisiana, US.

Ningxia Baofeng Energy Group has selected Johnson Matthey as its collaboration partner for its latest methanol project.

Sibur signed a deal in June to sell up to 1 million tpy of polyethylene to China’s Sinopec from ZapSibNefteKhim.

Aspen DMC3 software will be used to accelerate digitalisation at Hengli's integrated refining and chemical plant in Dalian, China.

Lummus Technology has been awarded a contract from Ningbo Kingfa Advanced Materials Co., Ltd. for two propane dehydrogenation units