Asian Refiners May See Relief On Margins As Capacity Additions Ease

Comparing 1997 regional refining capacities [33127 bytes] Asia-Pacific refining complexity [55428 bytes] Singapore crude processing [34234 bytes] Distillation capacity [33996 bytes] Refining Capacity vs. Demand [34964 bytes] Singapore cross refining margins [75019 bytes] Continued weak Asian refining margins in 1996 prompted postponements of planned capacity additions, which may ease pressure on the region's refiners. That's the conclusion of a report by the Honolulu think tank East-West Center. Major refining capacity additions came on stream in Asia last year, while the region's refining margins experienced another record low, ...

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