Petrochemicals
China's crude oil imports slump, but it's economics not altruism
The collapse in China's imports is being framed in media and market commentary as helping Asia adjust to the loss of at least 10 MMbpd of crude from the effective closure of the Strait of Hormuz.
Current Digital Edition
Sign up to Receive Our Newsletter
Latest News
- ABB Ethernet-APL flowmeters to support digitalization at a large petrochemical complex in China 7/2
- Axens acquires Methanol-to-Propylene technology, expanding its SAF portfolio 7/2
- Lighthouse Green Fuels completes FEED for UK SAF project 7/2
- XRG acquires additional equity interest in Trains 4 and 5 of the Rio Grande LNG project (U.S.) 7/2
- Nigeria becomes first OPEC member to join IEA as associate member 7/2
- Trump biofuel goals hit reality as U.S. plants lag 7/2
Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
