China’s Hengyi Plans $13.65 Billion Expansion at Brunei Petchem Complex

China’s Hengyi Petrochemical Co Ltd plans to spend $13.65 billion to build the second phase of a refinery and petrochemical complex, it reported in a stock filing. Hengyi, one of the few private Chinese firms operating a refinery outside China, plans to add a 14 million tonne per year (280,000 barrel per day) crude oil … Read more

China’s Hengyi Starts Trial Runs at New Refinery, Petchem Facility in Brunei

China’s Hengyi Petrochemical Co Ltd has started trial operations at its new refinery and petrochemical facilities in Brunei, as stated in the Reuters report. The new plant in Palau Muara Besar consists an 8 million tonne per year crude oil refinery (160,000 barrels per day), a 1 million tonne per year aromatics plant and a … Read more