Asia/Pacific
Sinopec, BASF sign initial deal to build world-scale chemical plant in China
Under the memorandum of understanding, the financial terms of which weren't disclosed, Sinopec and BASF will each take a 50% stake in the joint venture and will also jointly operate the facility, which will be located in the Maoming Hi-Tech Industrial Development Zone, according to the statement.
Shell looks to boost investment in downstream China gas sector
Shell is hoping to increase investment in China's downstream gas sector, as it wants to profit from every link in the gas supply chain, the head of the company's China unit said.
Caltex to close Sydney's last refinery by late 2014, convert to fuel terminal
The closure of Kurnell, involving the loss of 330 jobs, will bring the number of refineries operating in Australia down to five from seven at the start of this year as Royal Dutch Shell is also due to close its Clyde refinery in Sydney next month. Kurnell's nameplate capacity is 135,000 bpd.
AGL taps CB&I to build Australia gas storage facility
CB&I’s scope of work will include all the civil, structural, mechanical, piping, electrical, instrumentation and commissioning support for the construction of a LNG storage tank, gas pretreatment, the liquefaction, the vaporization and the associated utilities, according to the company.
Chevron chooses GE for compressor maintenance on Australia gas project
Under the agreement, the oil and gas division of GE will provide Chevron Australia with scheduled maintenance, access to resident engineers, monitoring and diagnostics of the installed equipment coupled with engineering analytics, plus a guarantee relating to continuity of production.
Eni, Petronas to develop Malaysia elastomer plants
The proposed joint venture will produce and market synthetic rubbers using Versalis’ technology license and technical know-how. The agreement signed with Versalis is the fourth-such arrangement secured by Petronas for RAPID, and engineering activities will commence immediately.
Celanese, Pertamina to collaborate on fuel ethanol projects in Indonesia
In line with a long-term strategy to develop new and renewable energy sources, Pertamina will collaborate exclusively with Celanese to jointly develop synthetic fuel ethanol projects in Indonesia utilizing Celanese’s proprietary TCX ethanol process technology. Production could begin in about 30 months.
Linde starts China gas plant to serve Pu Yang Steel
The new plant will run seven air separation units with an overall capacity of 63,000 Nm3/hour of oxygen provided to Pu Yang Steel, the largest steel company in the Wu’an region. Pu Yang becomes the first steel company to choose to outsource their gas supply to a professional industrial gas provider.
Petronas picks Air Products equipment, technology for Malaysia FLNG unit
Air Products claims the AP-N LNG process is the most efficient of all nitrogen-recycle LNG processes in the industry, and is ideally suited for small-scale FLNG applications. This is the initial use of the AP-N LNG process and equipment. Financial terms of the deal were not disclosed.
Vinachem to sell stake in $4.5 billion petrochemical project in Vietnam
Vietnamese media said earlier that the plant in Ba Ria Vung Tau province is scheduled to start commercial production in 2017. It will produce 1.4 million tpy of products, most of which will be sold in Vietnam.
- Kumho Mitsui Chemicals to increase capacity of MDI production facilities 12/15
- ABS, Eneos, NYK Line and Seacor Holdings launch joint study to develop a methanol marine fuel supply network in the U.S. 12/15
- ENEOS accelerates AI-driven materials discovery of immersion cooling fluids and novel catalysts Using NVIDIA ALCHEMI 12/15
- SAMSUNG E&A wins FEED contract for nearly $5-B SAF plant in the U.S. 12/15
- KBR wins green ammonia project by IGNIS in Spain 12/15
- Phillips 66 announces $2.4-B capital budget for 2026 12/15
