China to dominate Asian refinery coking units’ capacity growth by 2024, says GlobalData


Source: chine-magazine.com chine-magazine.com

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In English China is expected to lead Asia’s refinery coking units’ capacity growth, contributing about 94% of the region’s total capacity growth by 2024. The country is likely to add 351 thousand barrels per day (mbd) of coking capacity by 2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Coking Units Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Coking Units’ , reveals that Asia’s coking capacity is expected to increase by 374 mbd, from 3,489 mbd in 2020 to about 3,863 mbd by 2024. Out of the...