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Asia/Pacific

CB&I ships Viva Energy Modules from its Thailand fabrication facility

CB&I, a wholly owned unrestricted subsidiary of McDermott, has shipped three out of five process assembly unit (PAU) modules for Viva Energy Australia.

Sinopec, Aramco start building $10-B petchem complex in China's Fujian province

Sinopec Corp and Saudi Aramco have started constructing a $10-B refinery and petrochemical complex in southeast China's Fujian province, marking another big investment in the country's recent wave of petrochemicals expansions.

Clariant EnviCat N2O-S catalyst to cut CO2eq by 690,000 tpy at Hengli’s nitric acid plant in China

Clariant announced the successful installation of its EnviCat N2O-S catalyst at Hengli Petrochemical's 300,000-tpy nitric acid plant in Dalian, China. With the successful installation of the catalyst in June 2024, the plant is projected to reduce its N2O emissions by 690,000 tpy of CO2eq.

Russia's Ilsky refinery has asked for gov't help over high rates, modernization

Russia's Ilsky oil refinery has applied for government financial help mainly due to high interest rates and facility modernization, but added there was no risk of it shutting down and that it remained profitable.

China's oil refinery output falls from a year ago for a seventh month

China's refinery throughput in October fell 4.6% from last year, down from year earlier for a seventh month, as plant closures offset the ramp up of a newly started complex and demand from holiday travel.

Neste and PCS to bring renewable solutions to Southeast Asia’s chemicals industry

Neste and Singapore-based essential chemicals company PCS Pte. Ltd. have launched a cooperation for the supply of renewable solutions to Southeast Asia’s chemicals industry.

Russian refineries cut oil runs due to losses, closures loom

At least three Russian refineries have had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs. The closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian drone attacks, Western sanctions on Russia, which force refiners to sell fuel at a discount, as well as high interest rates.

Asia naphtha supply expected to remain tight over next two years

Naphtha is expected to remain in short supply in Asia over the next couple of years as more crackers come online and as demand for blending the fuel with gasoline rises.

India shaping up as refining hub, to rely on fossil fuels until 2040

India, the world's No.3 oil importer and consumer, is expected to rely on fossil fuels until at least 2040 and is positioning itself as a refining hub, Oil Minister Hardeep Singh Puri said. 

Sinopec starts up 1.2-MMtpy ethylene complex in north China's Tianjin

The new 1.2-MMtpy ethylene complex in northern China, part of China's recent additions of large-scale petrochemical plants, is designed to provide 4 MMtpy of high-end chemical products and fine chemical feedstocks.

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