Asia/Pacific
Pakistan to pay rising cost for gasoline imports
The offers for the 87-octane grade gasoline were at least 24% higher than Pakistan State Oil paid for a total of 450,000 tons of gasoline for December to January delivery.
Air Products launches new ASU project at Chinese coal-to-chemicals plant
The project, capable of producing 12,000 tpd of oxygen and significant tonnage volumes of nitrogen and compressed dry air for the customer's coal chemical plant, represents one of the largest single on-site ASU orders ever committed to an industrial gas company.
Chinese fuel glut to worsen as refiners raise rates
Smaller independent refiners, known in the industry as teapots, will account for the majority of the increase in refining this year as the country's bigger state-owned processors reduce production, CNPC said. Most of the teapots are clustered around the eastern Chinese province of Shandong.
China grants four additional crude-import licenses to non-major refiners
The four firms are Shandong Huifeng Petrochemical Group, Tianhong Chemical, and Shandong Chambroad Petrochemicals Co., Shandong Shouguang Luqing Petrochemical Co., the ministry said.
India’s state refiners agree to jointly build new world-scale refinery
Indian Oil Corp., the nation’s biggest refiner, will build a 60 MMtpy (1.2 MMbpd) oil refinery in Maharashtra together with Bharat Petroleum, Hindustan Petroleum and Engineers India.
Praxair starts new ASU for Chinese chemical plant
Praxair’s industrial gases from the air separation plant will be used in the coal gasification process for the production of methanol and downstream chemicals.
China’s diesel use falls as gas, gasoline post gains
The 3.7% decline in diesel demand in 2015 is greater than the 1.5% drop in diesel usage in 2014. Meanwhile, gasoline and natural gas consumption rose by 7% and 5.7%, respectively.
India approves HPCL’s Visakh refinery expansion
The environmental clearance will allow Hindustan Petroleum (HPCL) to expand its Visakhapatnam refinery in Andhra Pradesh from 8.33 MMtpy to 15.0 MMtpy.
Clariant, CB&I win design work for huge Chinese dehydrogenation unit
The world's largest single-train dehydrogenation unit will process feedstock containing 300,000 tpy of propane and 600,000 tpy of isobutane to jointly produce propylene and isobutylene.
Hyundai Chemical to expand South Korean plant using UOP technology
The petrochemical facility will use technology as well as modular equipment from UOP to allow the plant to make mixed xylenes, a critical feedstock used by the plant to produce paraxylene.
- South Korea approves nearly $1.4-B petrochemical restructuring deal as supply glut weighs 2/25
- Romanian largest refinery to shut down in March for scheduled turnaround 2/25
- Malaysia's Prefchem cuts refinery output after shutting gasoline unit 2/25
- U.S. Chemical Safety Board faults Pemex in 2024 Deer Park refinery's fatal accident 2/25
- Global diesel flows further reshuffle on EU sanctions, discounted Russian exports 2/25
- RFOcean secures first long-term e-methanol supply from ETFuels, driven by FuelEU 2/25
