Asia/Pacific
Wison commercializes new methanol-to-olefins technology in China
Wison Engineering, China’s largest private EPC provider for chemicals, started up its designed methanol-to-olefins (MTO) plant featuring Wison’s proprietary technology.
Indonesia could drive gasoline markets by 2018
Indonesia’s gasoline deficit and imports will exceed the US and Mexico, reversing trade flows and replacing the US as the main driver of global gasoline trade and prices.
China may raise fuel prices amid tighter standards
The National Development and Reform Commission, China's top economic planning agency, said higher costs to improve nationwide fuel quality will be borne by both the refining industry and its consumers.
India approves new HPCL refinery in Rajasthan
Hindustan Petroleum will own 74% of the project, while the Rajasthan state government will own the rest. The refinery, located in Rajasthan's Bamer town, is expected to go on stream in four years.
Foster Wheeler to help upgrade Russian Far East refinery in Khabarovsk
The objective of the project is to produce more higher-value, lighter products. The complex includes a hydrocracker, hydrotreater, hydrogen unit, amine regeneration unit, sour water stripper, sulfur recovery unit, vapor recovery unit, waste water treatment unit, ground flare, tank farm and pump houses.
UOP licenses catalytic dehydrogenation technology to China isobutylene unit
China's Panjin Heyun New Material Co. will use UOP's C4 Oleflex process to produce isobutylene, a key ingredient for fuels and synthetic rubber. This is UOP's third C4 Oleflex license in China this year.
Toyo Engineering wins work to expand Indonesia ethylene plant capacity
The aim of the project is to expand the ethylene output of the plant, which was built on the basis of Lummus technology in the 1990s. The expansion will raise capacity to 860,000 tpy.
China unveils subsidies for fuel-efficient vehicles
The program is to "speed development of the new-energy automobile industry, reduce emissions and help control pollution," the ministry said in a statement published on its website.
India energy minister targets Asia LNG price reform
Most LNG sold in Asia is by long-term contract linked to crude-oil prices which have stayed higher than piped-gas prices. "All this oil system should go," said Veerappa Moily, India's energy minister.
Inpex sees Japan playing pivitol role in future LNG exports from Australia
Last year, Australia shipped about 24 million metric tons of LNG -- most to Japan. Australian exports are forecast to more than triple in the next five years as new projects come on stream. The country has more than a dozen projects either under construction or on the drawing board.
- Aster Chemicals declares force majeure at Singapore naphtha cracker 8/29
- Orlen signs 1-yr deal with Equinor for supply of 15% oil it uses 8/29
- Novatek partially resumed processing at Ust-Luga complex 8/29
- Phillips 66 to begin winding down Los Angeles-area refinery next week 8/29
- Update: Mexico's Minatitlan refinery back online, Olmeca still down 8/29
- SIBUR produces test batch of first hexane plant in Russia 8/28
