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Rapid growth of Asian refinery production capacity in the next 5 years

 Last Update: 2021-07-27
 Source: Internet
 Author: User

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Sinochem News recently, GlobalData said that it is expected that China will become the leader in the new capacity of hydrocracking units in Asian refineries
.
From 2021 to 2025, the newly added capacity of hydrocracking units in China's oil refineries will account for 56% of Asia's

GlobalData Oil and Gas Analyst Teja Pappoppula explained: “In China, 8 new hydrocracking units may start operations in 2025, while the rest are expansion projects
.
The planned Jieyang and Lianyungang Phase I projects are the largest new refineries.

, Its hydrocracking unit production capacity is 165,000 barrels/day and 142,000 barrels/day respectively

GlobalData predicts that by 2025, India will become the second largest contributor to the increase in the capacity of hydrocracking units in Asian refineries, and Indian refineries will add a total of 465,000 barrels/day of hydrocracking capacity

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