July 2016

Trends and Resources

Business Trends: Asia’s smaller downstream players have big plans

Most of the focus on Asian downstream capacity construction revolves around large consuming nations, such as China and India.

Nichols, Lee, Hydrocarbon Processing Staff

Most of the focus on Asian downstream capacity construction revolves around large consuming nations, such as China and India. With the amount of active downstream construction projects in progress, and the growing demand for transportation fuels and petrochemicals, this is certainly justified. Sandwiched between these global downstream giants are four nations that have announced billions of dollars in major downstream capacity additions: Bangladesh, Cambodia, Myanmar and Thailand. These investments include the construction of new refining and petrochemical capacity to satisfy increasing demand for petroleum products, as well as new LNG import c

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