Asia will contribute 49% of global petrochemical capacity additions by 2030, says GlobalData
Asia is forecast to be the major contributor to the growth of the global petrochemical industry by 2030.
Browse the latest asia pacific downstream news news and articles.
GlobalData forecast that China and Nigeria will drive capacity growth in the global refinery CDUs industry over the next four years.
1.89 million bpd of coking units capacity will be added globally by 2023 from new-build and expansion projects.
The region also has the highest CAPEX for new-build and capacity expansion projects.
Phu My Plastics Production JSC to become first in Vietnam to use Honeywell’s Oleflex™ propane dehydrogenation technology.
GFI Asia Holdings Pte. Ltd has announced that it has completed the acquisition of Ginga Petroleum.
Singapore LNG's terminal on Jurong Island can now receive and reload small LNG ships of between 2000 m3 and 10 000 m3 in capacity.
The "H2 2018 Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals - Asia to Dominate LNG Regasification Capex and Capacity Additions" report has been added to ResearchAndMarkets.com's offering.
On February 18, the high-density polyethylene plant was officially opened within SOCAR Polymer project in the Sumgayit Chemical Industry Park
Alfa Laval has won an order to supply compact heat exchangers to a refinery and petrochemical plant in China.
