Olefin Project News Today

A chemical engineer from Anna University and MBA from University of Madras, Saravanan has a wide experience spanning over 33 years covering both Oil Refinery and Fertiliser Industry.

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of September 2022’ from all over the world. Right from the world’s first demo plant for electrically heated steam cracker furnaces taking off to Dow and Mura developing Europe’s largest advanced recycling plant in Germany, find out all the projects making headlines here.

Refinery closures remained in the spotlight in the Asia-Pacific region with news emerging on New Zealand’s Marsden Point’s transition to a terminal and the temporary closures of the only refinery in Sri Lanka. ** New Zealand’s Refining NZ said its Marsden Point refinery will transition to an import-only fuel terminal from April 2022. The company’s ...

REFINERY NEWS ROUNDUP: India’s gasoline use rises, falls elsewhere in Asia-Pacific India’s consumption of gasoline in June saw the highest month-on-month increase in a year as a decline in COVID-19 cases and the easing of lockdown measures boosted driving activity. Some states, such as the western state of Maharashtra, eased restrictions early June. Indian gasoline demand totaled 2.41 million mt in June, up 21% from May, data from the Petroleum Planning and Analysis Cell showed. In May, gas...

REFINERY NEWS ROUNDUP: Mixed run rates in Asia-Pacific The BPCL Mumbai refinery on the west coast of India is currently running at full capacity even as partial lockdown has been introduced in many parts of the western region. It recorded a 118% run rate in March compared with 116% a year ago, while the run rate for 2019-20 (April-March) was 95%, compared with 115% in 2019-20, reflecting the impact of lockdown in 2020. However, India’s Reliance Industries Ltd. in March ran at 84% at its two r...

REFINERY NEWS ROUNDUP: More closures likely in Asia-Pacific After two refineries in Australia have announced plans to close, Ampol, formally known as Caltex Australia, said it will complete the comprehensive review of its Lytton refinery by the end of H1 2021, which would provide an indication on the refinery’s future. The company has said previously that “the review will consider all options for the facility’s operations and for the connected supply chains and markets it serves.” Meanw...

REFINERY NEWS ROUNDUP: Gasoline output up in India; Petron’s Bataan plans temporary halt India’s gasoline output climbed to a 14-month high in December, ending 2020 at pre-pandemic levels, as robust domestic demand spurred refiners to increase production of the motor fuel. Gasoline production at the world’s third-largest energy consumer rose to 3.341 million mt in December, up marginally by 0.36% from the previous month, the latest data from the Petroleum Planning and Analysis Cell showed...

Asia-Pacific plant closures could offset new supply streams Refinery closures in Asia-Pacific are likely to offset a wave of new supply streams into the region. The pandemic accelerated a wave of refinery closures, with several regional refiners forced to close or review operations due to poor refining margins. BP’s plans to shut Australia’s largest refinery in Kwinana and Pilipinas Shell Petroleum Corp’s plans to shutter its Tabangao-based refinery in the Philippines, with several other ...

REFINERY NEWS ROUNDUP: Refineries in India ramp up runs Refineries in India have been ramping up runs after demand for products, excluding jet, reached pre-coronavirus levels. Average capacity utilization for all categories of refineries in India improved to 87% in October compared with 86% in the previous month, showed the latest survey of the oil ministry Nov. 25, reflecting gradual improvement in oil demand as Asia’s third-largest economy unlocks. However, the October run was lower than th...