Asia/Pacific
High margins lift Chevron’s downstream earnings
Both US and international downstream earnings improved at Chevron, led by higher margins on the sales of refined products. Overall earnings fell alongside weaker upstream results.
INVISTA licenses PTA technology for new Chinese petrochemicals project
INVISTA’s latest PTA technology is available as a license package from INVISTA Performance Technologies. Jiaxing Petrochemical’s first PTA line, in operation since 2012, also utilizes INVISTA’s technology.
UOP licenses novel aromatics technology to new Chinese project
The new chemicals facility will be the first in China to use UOP's energy-efficient aromatics complex design to convert heavy naphtha into 800,000 tpy of high-purity paraxylene.
BASF, Petronas to build new world-scale plant for polyisobutene in Malaysia
The plant, which will be the first of its kind in Southeast Asia, will have a total annual capacity of 50,000 tons of HR-PIB. It is expected to start production in the fourth quarter of 2017.
S-Oil contracts Axens on Korean refinery upgrade
The residue upgrading complex project (RUCP) is aimed at reducing fuel oil production while producing propylene through the conversion of atmospheric residue and will include the world’s first commercial high-severity FCC unit. Financial terms were not disclosed.
Honeywell to measure flow on new China LNG line
The Guangxi LNG project across China will use gas measurement, equipment and software from Honeywell Process Solutions to measure the flow and pressure in the pipeline.
India’s Bharat Petroleum targets 30% expansion for Bina refinery by 2018
The expansion of the refinery, operated by a joint venture of BPCL and state-owned Oman Oil Co. in the state Madhya Pradesh, will be completed by 2018, the chairman said.
UOP licenses methanol-to-olefins process in China
This award is Honeywell UOP’s fifth licensing win for its MTO process and comes after the successful start up of its first commercial-scale MTO facility for China’s Wison Clean Energy in September 2013.
Amec Foster Wheeler to study new Malaysian refining, chemicals project
Under the contract, Amec will undertake a detailed feasibility study to define the configuration of the complex, develop the infrastructure requirements, establish a project implementation plan and produce a cost estimate to optimize the project and establish a clear plan to move forward.
SK Global Chemical, SABIC form new Asian JV for polyethylene products
Under the JV, SABIC will buy the Nexlene solution technology and a 230,000-tpy plant that manufactures a range of high-performance ethylene and alpha-olefin co-polymers in Olsan, South Korea.
- China's first coal-to-chemicals project with green hydrogen starts commercial operations 11/20
- Norsk e-Fuel and Braskem partner to turn captured carbon into long-lasting products 11/20
- Nigeria's Dangote refinery delays CDU maintenance to end of January 2026 11/20
- Technimont attends ground-breaking ceremony of Tengiz Gas separation Complex in Kazakhstan 11/20
- 42% of U.S. energy/critical infrastructure providers exposed to weaponized AI and email attacks 11/20
- EIA: U.S. crude stocks fall on higher demand, fuel inventories rise 11/20
