Petrochemicals

S-OIL to build one of the world’s largest petrochemical crackers in South Korea

Aramco is making its biggest ever investment in South Korea to develop one of the world’s largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate, in line with the company’s strategy to maximize the crude to chemicals value chain. The $7 billion Shaheen project aims to convert crude oil into petrochemical feedstock and would represent…

S-OIL to build one of the world’s largest petrochemical crackers in South Korea

Aramco is making its biggest ever investment in South Korea to develop one of the world’s largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate, ...

Nayara Energy appoints Rajani Kesari as Chief Financial Officer

Nayara Energy has announced the appointment of Ms. Rajani Kesari as Chief Financial Officer. She will be taking charge on or before 2nd January 2023. ...

More Asian investment in the biofuel space

Shell Eastern Petroleum, a unit of oil giant Shell SHELL said it has acquired Asia-based waste oil recycling firm EcoOils to expand its biofuels production. ...

Asian petrochemical demand to soften on bearish macroeconomic outlook

Petrochemical demand in Asia is likely to slow on a bearish macroeconomic outlook which is likely to dampen demand for products from regional factories. The ...

GC gears up to reduce used plastics in Thailand

PTT Global Chemical Public Company Limited (GC) has entered a partnership with ALPLA Company Limited to introduce ENVICCO into its portfolio in order to manufacture ...

Nayara Energy appoints Prasad K Panicker as Chairman

Nayara Energy has announced that Mr. Prasad K Panicker, Director and Head of Refinery, will be taking over the responsibility of Chairman of the Company ...

INEOS Phenol acquires Mitsui Phenols Singapore

INEOS Phenol, British-based petrochemical producer, will acquire the entire asset base of Mitsui Phenols Singapore from Mitsui Chemicals, a Japanese petrochemicals major for a total ...

PetroVietnam Power to build oil refinery complex for $18.5 billion

PetroVietnam Power, a unit of state-owned Vietnam Oil and Gas Group, has said it will build an oil refinery and petrochemical complex within the country. ...

Reliance to invest S$13 billion in petrochemicals, textiles

Reliance Industries (RIL) is planning to invest ₹75,000 crore (S$13.15 billion) in its petrochemicals and textile business over the next five years, said chairman Mukesh ...

CASE STUDY: Partnering with AP-Networks leads to predictable and competitive STO outcomes

By Daniel Phan, Regional Manager, Asset Performance Networks, Asia Pacific Pte Ltd IntroductionShutdowns, Turnarounds and Outages (STO) are the periodic planned events of a facility ...

Exxonmobil advancing Singapore Resid Upgrade Project towards 2025 startup

ExxonMobil expects to add approximately 20,000 barrels per day of light, heavy and extra-heavy lubricant base stocks when upgrades at its Singapore integrated refining and ...

Joint Study Agreement formed to evaluate development of clean hydrogen supply chain between UAE and Japan

ADNOC, ENEOS and Mitsui have formed a joint study agreement to evaluate the development of a clean hydrogen supply between Japan and the UAE. The ...

Report: $759bn required for petrochemicals to achieve net-zero

759 billion dollars. That’s how much the petrochemicals sector is estimated to need if it’s going to achieve net-zero by 2050, if this recent report ...

SIEW 2022 announces theme at global launch

The Energy Market Authority (EMA) recently unveiled “A Resilient and Sustainable Energy Future” as the theme for the 15th edition of the Singapore International Energy ...

ExxonMobil and Pertamina to advance CCUS cooperation

ExxonMobil and Pertamina have signed a joint study agreement to assess the potential for large-scale implementation of lower-emissions technologies, including carbon capture and storage and ...

ENEOS, PETRONAS, PTTEP to withdraw from Myanmar

ENEOS subsidiary JX Nippon Oil & Gas Exploration Corporation has announced plans to exit Myanmar, withdrawing from the Yetagun gas project due to concerns about ...

Fuhaichuang Petrochemical chooses Axens

Fuhaichuang Petrochemical Co., Ltd, one of the main private Chinese refiners, has selected Axens’ Ebullated-bed residue hydrocracking technology (H-Oil®) for a capacity of 1.5 MTA ...

Technip Energies & Alterra Energy jointly developing sustainable plastics projects

Technip Energies and Alterra Energy have signed a global joint development and collaboration agreement to integrate Alterra’s commercially available liquefaction process technology with Technip Energies’ ...

ExxonMobil begins design studies for South East Australia carbon capture hub in Gippsland

ExxonMobil has announced it is undertaking early front-end engineering design studies (pre-FEED) to determine the potential for carbon capture and storage to reduce greenhouse gas ...

Axens to conduct Joint Study on SAF, potential in India

Axens has recently signed a Memorandum of Understanding (MoU) with Airbus, Safran, and airport operators Groupe ADP and GMR Airports, in an agreement to collaborate ...

Aramco joint venture to develop major refinery and petrochemical complex in China

Aramco has taken the final investment decision to participate in the development of a major integrated refinery and petrochemical complex in Northeast China. Huajin Aramco ...

Aramco and Sinopec strengthen ties with potential downstream collaboration in China

Saudi Arabian Oil Company (“Aramco”) through its Saudi Aramco Asia Company Limited (“SAAC”) subsidiary has signed a Memorandum of Understanding (MoU) with China Petroleum & ...

Advisory Committee Confirms Theme for ADS, ARTC 2022

The theme for this year’s Asian Downstream Summit (ADS) and Asian Refining Technology Conference (ARTC) will be “Reconfiguring the Industry for the Global Energy Transition”. ...

Shell to supply Sustainable Aviation Fuel to Customers in Singapore

Shell has recently announced that it is now a supplier of sustainable aviation fuel (SAF) to customers in Singapore. The organisation has also completed the ...

ExxonMobil joins Singapore Airlines in sustainable aviation fuel trial

The Civil Aviation Authority of Singapore (CAAS), Singapore Airlines (SIA), and Singapore-headquartered global investment company Temasek have selected ExxonMobil as the vendor to supply and ...

A look at 2022 for refiners

We’ve bid farewell to 2021, at long last. The champagne bottles have been popped, well-wishes have been exchanged, and there’s confetti on the floor. The ...

CEOs discuss: How has COVID-19 impacted the O&G?

Pertinent topics discussed during the recent virtual Asian Refining Technology Conference included the drive towards sustainability, decarbonisation efforts, regulatory tightening in CO2 emissions, and advancements ...

Three steps to optimize performance of fractionator with plate technology

By: Jay Jeong, Refinery Market Manager, Global Technology, Business Division Energy, Alfa Laval Lund AB The refinery industry has been dealing with various challenges throughout ...

SuReTM Styrene: A sustainable process to recover Ultra High Purity Styrene from waste polystyrene via chemical recycling

Polystyrene (PS) chemical recycling, as opposed to mechanical recycling, is an emerging route to establish circularity in PS and qualify the recycled PS for stringent ...

“Eye of fire”: What the industry can learn from the PEMEX incident

On July 2, the ocean was on fire. At least, that was what it looked like: A now-viral video posted on social media showed footage ...

BioFlux®: The Solution for Challenges of Renewable Feeds

By Matthew Clingerman, Business Segment Leader, Sulzer GTC Technology The dramatic growth in energy consumption has also hastened a transition to modern fuels that are ...

PETRONAS Head of Process Safety says PSM key to operations

Sufyan Nor, Head of Process Safety Management at PETRONAS. When it comes to process safety, it is imperative that front-liners are able to identify hazards ...

ADS & ARTC 2021 Virtual – Gain International Exposure & Recognition this October!

2021 marks an important year for the oil & gas industry. Despite the current downturn and uncertainty brought on by COVID-19, oil and gas companies ...

Measuring construction rework & delays in sustaining capital projects

By Daniel Evoy, Design Analysis & Owner's Project Support The construction industry’s challenge in meeting cost and schedule budgets is greatly affected by rework. A ...

Market Moves: A look at the changing world of post-pandemic oil markets

Amidst growing awareness of climate change and environmental impact, the markets are banking on sustainability, with investors increasingly channeling their capital into renewables. But transition ...

Redefining refining: Spotlight on Singapore petrochemical crossroads

Singapore’s chemical future stems from a rich history. 2015 saw the energy and chemicals sector generate S$81billion (c. US$60.4 billion), around a third of the ...

Decarbonising Asia, a work in progress

It is often said that the journey of a thousand miles begins with but one step; and for Asia, this statement rings true with regards ...

New Energy: Spotlight on how Vietnam is revitalising its fuels, technologies, and business

The energy sector is a keystone of the Vietnamese economy, and is consistently evolving to keep up with this fast-developing nation’s demands. In 2019, oil ...

Colonial Pipeline crisis casts doubt on existing cybersecurity measures

On May 7, U.S. fuel pipeline operator Colonial Pipeline found itself facing a ransomware attack that forced the company to shut a fuel network down, ...

The role of oil & gas in a changing energy mix

“This is an important year for energy discussions, given the urgency to tackle climate change,” said Richard Lim, Chairman of the Energy Market Authority, as ...

Key pillars for the future of downstream

The crude oil refining industry is currently facing a great challenge, as refiners continue to face the realities of the ongoing energy transition, price volatility ...

Shell pioneers new virtual manufacturing technology

Shell’s Pulau Bukom manufacturing site, and the home of Singapore’s first refinery, recently piloted the “Digital Twin”, technology that will help to digitise their manufacturing ...

In the loop: Bringing back returns to downstream leaders

The concept of a circular economy – a system built around the constant re-use and recycling of existing resources and materials – can be applied ...

Smart petrochemicals: A smart business move

Petrochemicals leaders are getting smart about Smart technologies. A sector previously “lagging behind” when it came to digital progress, now digitalisation and automation are saving ...

Driving change across the downstream industry

Exclusive Interview with Andy Saunders-Tack, Director, Asia-Pacific and Mel Larson, Strategic Consulting Manager at Becht The coup in Myanmar may be pivotal for the energy ...

Light fuels, heavy impact. How hydroprocessing is bringing new opportunities to Asia’s refiners

Refiners are cleaning up to face a new era and they are turning to technology to catalyse the process. In a competitive market, with increasing ...

Structure of the oil refinery building on sunset background

Spotlight on the Indonesian market with Pertamina

Exclusive interview with Kemas Adrian, Environmental & Sustainability Program Coordinator, Pertamina Hulu How do you think the Indonesian petrochemicals market compares to that of other ...

Indonesia’s petrochemical projects to boost national economy, international standing

Exclusive interview with Rudy Radjab, President Director of PT Kreasindo Resources Indonesia’s new national projects have the potential to cover half of Southeast Asia’s petrochemical ...

Tides of change for Thailand. An outlook on the kingdom’s growing green energy economy

Last March, as many businesses halted operations in the wave of COVID-19 disruption, Thai Oil was celebrating new beginnings. The country’s largest oil refinery held ...

Future artificial intelligence robot and cyborg

Increasingly Autonomous Operations in Energy and Chemicals. Aspen Technology on the next era of Smart plants

In the next phase of the market, downstream operations will be self-sustaining, self-learning and self-optimized for autonomous success. The rise in tech talent and advances ...

Diving into the post-pandemic era with Honeywell

In an interview with Asian Downstream Insights, Matt Spalding, Vice President and Regional Manager (APAC) of Honeywell UOP, shares more about the changes that the ...

In conversation with: Lamma Khodeir, W.R. Grace

Lamma Khodeir, Market Segment Manager at W.R. Grace, speaks about the changing industry, and difficulties for refiners in finding the balance between maximising profitability while ...

Pengerang Energy Complex well on track, says CEO

The Pengerang Energy Complex (PEC) is well on its way toward financial closing, according to developer ChemOne Group. Slated for EPCC commencement in Q1 2023, ...

Market risks also “diverse opportunities” for refiners

Dominique Rouge, Vice President of Sales & Technology at Air Liquide Engineering & Construction An increasing number of refiners are jumping aboard the energy transition, ...

Interview with Tim Shire, Energy Management & Combustion at Essar UK

Tim – thank you for your time! Before we start off, could you share a little bit about how you got involved in the industry ...

Interview with Francis Humblot, New Business & Services Developer for Oil & Gas Market, Arkema

Thank you for your time! To start off, could you share with us how you got involved in the industry and your current role at ...

Facing future challenges in the refining industry with laboratory testing

In conversation with some of hte’s experts - Teodor Trotus, Enrico Lorenz, and Robert Henkel A very warm welcome to this talk about facing future ...

Challenges facing operators is a ‘once-in-a-lifetime’ test

Asian Downstream Insights interviews Matthew Viergutz, Head of Sulzer GTC Technology, as he discusses how Sulzer GTC is partnering with operators across the world to ...

Asia to lead the way for Crude-to-Chemicals

Asian Downstream Insights sits down with José de Sá, Partner at Bain & Company, to understand where the current demand for hydrogen and other sustainable ...

Digital Implementation for Oil & Gas – Exclusive insights from Shell

The COVID-19 pandemic has been a period of changing old behaviours to fit new situations, and for Ibrahim Al-Syed, Global Digital Implementation Lead at Shell, ...

From challenges to opportunities in chemicals

Asian Downstream Insights sits down with Khun Chokchai Montreeamornchet, Managing Director at REPCO NEX, an ASEAN asset performance solutions leader whose services range from general ...

Driving change across the downstream industry

Exclusive Interview with Andy Saunders-Tack, Director, Asia-Pacific and Mel Larson, Strategic Consulting Manager at Becht The coup in Myanmar may be pivotal for the energy ...

Spotlight on the Indonesian market with Pertamina

Exclusive interview with Kemas Adrian, Environmental & Sustainability Program Coordinator, Pertamina Hulu How do you think the Indonesian petrochemicals market compares to that of other ...

Indonesia’s petrochemical projects to boost national economy, international standing

Exclusive interview with Rudy Radjab, President Director of PT Kreasindo Resources Indonesia’s new national projects have the potential to cover half of Southeast Asia’s petrochemical ...

EXCLUSIVE: Nicolas Lambert on smart process integrations and upcoming challenges to the FCC market

What has been the major change in the FCC market that you have seen recently? How do you think the pandemic has impacted the FCC ...

Future factory plant and energy industry concept.

Feedstocks, fluctuations, and the future of FCC. Exclusive insights from Dr. Tie-Pan Shi, Technical Director, HCpect

What has been the major change in the FCC market that you have seen recently? How do you think the pandemic has impacted the FCC ...

Long term trends of transportation fuel: Exclusive insights from Argus Media

The future is something we all think about. And for 97% of the downstream community, it features petchems in some form. A recent poll of ...

Innovating the Energy transition: insights on a digital, sustainable future with Shell

Exclusive perspectives on the future of petrochemicals, and how new technologies are helping Shell achieve their net zero emissions goals. Andreas Krobjilowski, General Manager, Shell Jurong ...

Interview with Sharul A-Rashid, Custodian, Instrument and Control from PETRONAS

We discussed the biggest challenge faced by the refining and petrochemical industry today and the biggest opportunities for the market in the next 12 months. ...

Production platform of oil and gas industry in offshore

Interview with Prisana Homhuandee, Supply Chain Operation Improvement Specialist, SCG-DOW Thailand

We recently interviewed Prisana Homhuandee, Supply Chain Operation Improvement Specialist from SCG-DOW Thailand on her thoughts about gender diversity in the oil & gas industry. ...

Webcast: Roadmap for successful implementation of digitalisation in oil & gas

“Over 90% of decision makers believe that, they’ll be left behind if they don’t digitalize” It can be hard to measure the ROI of digitalisation. ...

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Moving Towards more Autonomous Operations in Energy and Chemicals

The global pandemic, shifts in consumer demand, and the challenging economic climate have posed an existential threat to the downstream industry as we know it. ...

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Post-Pandemic Success For Oil And Gas Leaders with Albemarle Corporation’s Dan McQueen

Top tips for FCC operators to build business success and remain competitive during post COVID-19 recovery in this exclusive one-on-one webinar. The current COVID-19 related ...

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Webcast: Managing Business in A Changing Downstream Industry

The pandemic has overturned the way we do business. Now, as lockdowns ease, business leaders are navigating the new challenges of the next normal. Hear ...

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