Asia/Pacific
China cuts West African oil imports as refiners cite delays, full tanks
Chinese loadings of West African crude declined from 19-month highs in May as delivery delays, port congestion and full tanks scuppered interest from private 'teapot' refiners.
Korea’s LG Chem says it was duped over $21MM payment for naphtha
Song Choong-seop, a spokesman for LG Chem, said the money had been supposed to go to its supplier, Saudi Arabia's Aramco Trading, to pay for naphtha.
Small-scale coal-to-chemicals can revitalize India’s petrochemicals industry, economy—Part 2
In Part 1 of this article, published in April, the barriers of petrochemical production in India were discussed, along with the opportunity to explore chemicals from coal, using the specific example of polyvinyl chloride (PVC).
Business Trends: Global petrochemical overview—Part 2
Part 1 of this series provided an overview on the present state of the petrochemical industry, a breakdown on construction project numbers by region, as well as major trends in Africa, the Middle East and the US. Part 2 examines the landscape in Asia-Pacific, Canada, Europe and Latin America.
Global Project Data
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 300 new downstream projects have been announced around the globe over the past year.
Chinese group plans first private mega-project for refining, chemicals
Rongsheng has partnered with local firms, including a state-owned chemical producer, to build the complex, which would include a 400,000-bpd refinery and a 1.4-MMtpy ethylene plant.
GE to provide wastewater treatment for Chinese coal-to-chemical plant
GE’s ZLD evaporator and crystallizer system will eliminate liquid discharge of waste and enable water reuse at the Shaanxi Future Energy Chemical Co. coal-to-chemical plant in China.
Rare gasoline cargo heads from China to US
Asian gasoline stocks have risen sharply in recent months as traders and refiners betting on strong summer demand for the road fuel in China and other countries ramped up imports and production.
China’s stimulus may briefly boost gasoil margins for Asian refiners
There are two main factors at work that are improving the outlook for the region's major industrial and transport fuel, namely the expectation of stimulus spending in China and refinery maintenance in the region, as well as the Middle East.
Saudi Aramco mulls proposals to invest in Indian downstream projects
India's oil minister met earlier this month with Saudi Aramco chairman Khalid al-Falih and sought Saudi investment in a planned 1.2-MMbpd refinery on India's west coast, the expansion of the Bina refinery and a petrochemical plant at Dahej.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- AFR selects Axens as technology provider for Texas (U.S.) refinery 4/7
- Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says 4/7
- Iran's Marvdasht Petrochemical complex attacked by US and Israel 4/7
- Fluor awarded engineering and design contract for America First Refining's refinery in South Texas 4/7
