Downstream petrochemical news

GlobalData has reported that China Petrochemical Corp. is likely to add 9% of new-build liquids storage capacity growth by 2023.

Samsung Engineering has contracted Mammoet to transport and install 49 modules for a Saudi Arabian petrochemical plant.

Aspen Technology has announced that China HuanQiu Contracting and Engineering Corp. has implemented its asset optimisation software.

Dr Sultan Ahmed Al Jaber and Alexander Novak met in Abu Dhabi to discuss potential collaboration between Russia and the UAE.

Clariant has announced the favourable results for the first year of operation of its methanol synthesis catalyst in Yinchuan, China.

LyondellBasell has signed a MoU to expand in China through a joint venture with Liaoning Bora Enterprise Group.

Honeywell UOP’s propylene technology has been selected by Sonatrach for a proposed plant in Algeria.

Johnson Matthey will supply the licence for the autothermal reformer at Methanex’s Geismar 3 methanol plant.

Fluor has completed its construction contract for MEGlobal’s ethylene glycol manufacturing facility in Oyster Creek, Texas.

PKN ORLEN has licensed Honeywell UOP technology to increase production of petrochemical products in its Polish facility.