Asia/Pacific
Honeywell licenses methanol-to-olefins technology to Chinese coal project
LUXI will use UOP's advanced methanol-to-olefins (MTO) process to convert methanol derived from gasified coal into 293,000 tpy of ethylene and propylene at its facility in Liaocheng, Shandong Province.
LyondellBasell to buy polypropylene compounding business of India’s Zylog
Upon completion of the acquisition, LyondellBasell will double its automotive customer base in India and become the third largest producer of polypropylene (PP) compounds in the country.
Iran targets new investments in refineries abroad
"Buying the oil refineries or their shares abroad is the policy of Iran after the lifting of sanctions," said Abbas Kazemi, head of the National Iranian Oil Refining and Distribution Co.
Indian Oil plans $500MM expansion of Panipat naphtha cracker by 2019
The expansion would increase capacity of the Panipat cracker in northern India from about 850,000 tpy to 1.2 MMtpy by 2019. It would cost about half-a-billion dollars, a company official said.
Shell opens new lube blending plant in Indonesia
The plant will produce Shell’s leading lubricants brands like Shell Helix (passenger car motor oil), Shell Advance (motorcycle oil), Shell Rimula (heavy duty engine oil) and Shell Spirax (transmission oil).
Honeywell to modernize operations at Refining NZ
Building on a relationship of over 25 years, New Zealand's Refining NZ selected Honeywell to provide full lifecycle maintenance for the refinery’s control systems, as well as to migrate the refinery to the most recent process control technology, Honeywell’s Experion PKS.
Sadara Chemical inks storage, port services deals
JCSSC will operate the new facilities at Petrochemical Quay 2, located in KFIP. The agreements with JCSSC will allow for the storage and export of Sadara's liquid products from Saudi Arabia.
Use dynamic simulation to increase reliability of hydrogen generation
Through this plant study, a licensor demonstrates effective use of rigorous dynamic simulation tools to implement the new control schemes and configurations.
HP Industry Metrics
A sharp drop in the gasoline crack spread following the end of the US driving season and increasing inventories caused refinery margins to fall.
Gastech ’15: Gazprom targets expansion in evolving Asia-Pacific market
Alexander Medvedev, Deputy Chairman of the Management Committee of Gazprom, noted that Asia-Pacific is, and will continue to be, the world's main driver of global gas consumption growth.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
