Fuel for Thought

  • China to dominate Asian refinery fluid catalytic cracking units capacity growth by 2024

China to dominate Asian refinery fluid catalytic cracking units capacity growth by 2024

Aug 12 2020 Read 693 Times

China is expected to lead Asia’s refinery fluid catalytic cracking units’ (FCCU) capacity growth, with about 89% of the region’s total capacity growth by 2024. China is likely to add more than 480 thousand barrels per day (mbd) of FCCU capacity by 2024, says GlobalData, the data and analytics company. 

GlobalData’s report‘ reveals that Asia’s FCCU capacity is expected to increase by 542 mbd  from 8,385 mbd in 2020 to about 8,927 mbd in 2024. Out of the Asia’s total capacity additions, 151.2 mbd is likely to come from the expansion of active projects while the remaining 391 mbd is expected to come from new-build planned projects.

Haseeb Ahmed, Oil and Gas Analyst at GlobalData, comments: “Out of the China’s total FCCU capacity additions of 481 mbd by 2024, 151.2 mbd is likely to come from active expansion projectsy, whereas the rest of the 329.3 mbd is expected to be contributed by new-build projects by 2024. Among the refineries in China, Yulong, Panjin II and Dayushan Island are the major refineries with FCCU, accounting for most of the capacity additions in the country with a combined total of 369 mbd by 2024.”

GlobalData expects India, Cambodia, Pakistan and Malaysia to account for the remaining 61 mbd of FCCU capacity additions in Asia by 2024. These countries together are expected to contribute about 11% of Asia’s FCCU capacity growth, with FCCU of the Kampong Som refinery (Combodia) accounting for most of the capacity additions with 20 mbd, followed by Bongaigaon and Khyber-Pakhtunkhwa I with 15 mbd each. 

Reader comments

Do you like or dislike what you have read? Why not post a comment to tell others / the manufacturer and our Editor what you think. To leave comments please complete the form below. Providing the content is approved, your comment will be on screen in less than 24 hours. Leaving comments on product information and articles can assist with future editorial and article content. Post questions, thoughts or simply whether you like the content.

Post a Comment

Digital Edition

Petro Industry News November 2020

November 2020

In This Edition Fuel For Thought - Special offer for computer program for chemical thermodynamic and energy release evaluation - Acquisition to combine French expertise for moisture analysis...

View all digital editions


Interlab Africa

Dec 05 2020 Algiers, Algeria

ASTM - D02 Meeting - CANCELLED

Dec 06 2020 Austin, TX, USA

Biogas Convention 2020

Dec 08 2020 Virtual event


Dec 08 2020 Beijing, China

View all events