Downstream petrochemical news
Hengli Petrochemical starts up PTA line
The company has started up a fifth purified terephthalic acid line on Changxing Island in Dalian, China.
Wood Mackenzie: Asia Pacific’s oil demand to fall in 2020 but could rise 25% by 2040
Covid-19 and a pessimistic economic outlook will have a near-term impact on oil demand and the refining sector in Asia Pacific. But in the long-run, demand continues to be robust driven by a future demand for mobility and petrochemicals.
Axens catalysts selected for petrochemical projects in China
ZheJiang Petroleum & Chemical has selected Axens’ catalysts for pyrolysis gasoline selective hydrogenation units that are part of an ethylene plant in Zhoushan City, China.
Sinopec to shut down production at ethylene plant for maintenance
Sinopec Corp’s Zhongyuan Petrochemical Corp. will shut down ethylene production at its plant in the region of Henan from 1 August until 14 September.
PTT signs NGL storage deal with Energy Storage Ventures
PTT Global Chemical America has signed an agreement with Energy Storage Ventures LLC to build a facility to store and transport NGLs for PTTGCA’s proposed ethane cracker in Ohio.
GPCA: Arabian Gulf chemical producers cut emissions and waste by a third, despite increased production
The new milestone was achieved as a result of successful waste reduction projects undertaken by chemical companies in the region.
ADNOC and ADQ form joint venture to invest in UAE chemicals sector
ADNOC and ADQ will jointly evaluate and invest in anchor chemicals projects within the planned Ruwais Derivatives Park.
Siemens and Bentley Systems build digital twin for largest integrated petrochemical complex in Indonesia
The digital twin of Chandra Asri’s integrated petrochemical complex in Cilegon City will show and visualise digitalised data about the plant assets and the engineering data.
King Salman Energy Park completes 60% of phase one
The King Salman Energy Park has reached 60% completion of its first phase and has announced foreign direct investments.
Aramco announces downstream business reorganisation
Saudi Aramco has announced the reorganisation of its downstream business.