Lagos — India is expected to lead Asia’s refinery alkylation unit capacity additions, contributing about 31% of the region’s total alkylation capacity additions between 2024 and 2028, says GlobalData, a leading data and analytics company.
GlobalData’s latest report, “Refinery Alkylation Units Capacity and Capital Expenditure Outlook and Forecast with Details of All Operating and Planned Alkylation Units to 2028”, reveals that India is expected to develop new-build refineries with a total alkylation capacity of 9 thousand barrels per day (mbd) by 2028, while expansion projects will account for most of the capacity additions with 45.4 mbd.
Bhargavi Gandham, Oil and Gas Analyst at GlobalData, comments: “The refinery alkylation unit expansion projects at the existing Vadinar and Panipat refineries will primarily contribute to the alkylation capacity additions in India by 2028. These projects help the country to increase the production of high-value gasoline blend stock.”
GlobalData expects China to be the second-highest contributor to Asia’s refinery alkylation unit capacity additions by 2028, with a 23% share. Contrary to India, new build projects primarily play an important role in China’s alkylation capacity additions, with Gulei and Panjin II refineries taking the lead with 10 mbd and 9 mbd, respectively.
Pakistan is expected to register the third largest refinery alkylation capacity additions in Asia with 26 mbd by 2028. Most of its capacity additions are expected from early-stage announced projects such as Khalifa and Balochistan I, with 12 mbd and 8 mbd, respectively.
This article was originally posted at sweetcrudereports.com
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