Asia/Pacific
Industry Perspectives
Petrochemicals and gas processing/LNG sectors see largest increase in new projects.
Global Project Data
According to Hydrocarbon Processing’s Construction Boxscore Database, nearly 450 downstream projects are under construction around the world.
Novel FCC technologies based on reaction chemistry of catalytic cracking
The increased use of opportunity crude oils in refinery processing, the growing demand for light fuel, and the efficient conversion of petroleum resources to refined fuels and basic chemical raw materials have become the basis of green and low-carbon refining technology developments.
Supply Chain: Sustainable journey toward global competitiveness—A study
Brahmaputra Cracker and Polymer Ltd. (BCPL) is building the Assam Gas Cracker complex in Lepetkata, India.
Refining: Winning strategies for oil producers
The prospect of peak oil demand will put pressure on resource-rich national oil companies (NOCs).
Global Project Data
According to Hydrocarbon Processing’s Construction Boxscore Database, Asia, the Middle East and the US contain 66% of all active downstream construction projects globally.
Industry Perspectives
Over the past several years, new gas processing/LNG capacity has surged in nearly every region.
Global Project Data
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database and <i>HPI Market Data 2018,</i> total capital expenditures (CAPEX) in the global petrochemical sector are more than $440 B.
Business Trends: Asia and Europe join the feedstock evolution with steam crackers
Steam crackers lay at the heart of petrochemical operations.
Industry Perspectives: China holds nearly half of all petrochemical projects in Asia
Over the past decade, the Asia-Pacific region has been the leader in total active projects in all sectors of the downstream processing industry.
- XRG to expand its global chemicals reach with takeover of Covestro 11/21
- Armstrong International to double heat pump production capacity in Herstal, Belgium 11/21
- U.S. FERC explores blanket authorizations for LNG projects 11/21
- thyssenkrupp Uhde selected by Dangote Fertilizer Ltd. to license four urea granulation units in Nigeria 11/21
- Indian and Chinese refineries are moving to comply with U.S. sanctions on Russia 11/21
- Dynamis Power Solutions awards Baker Hughes with significant order for gas turbine technology to support mobile power for oil and gas applications 11/21
