JOURNAL ARTICLE

China's Hengyi Pushes Ahead With Brunei Oil Refinery Expansion.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Cang, Alfred 3 of 3

Abstract

The article focuses on Hengyi Petrochemical Co.'s planned expansion of its oil refinery in Brunei, which will more than double its capacity and enhance competition in global fuel and plastics markets. The second phase of the Pulau Muara Besar refining and petrochemical complex is set to be completed by the end of 2028, with a revised capacity of 12 million tons per year, bringing the total to 20 million tons. The expansion will primarily produce diesel, paraxylene, benzene, and polypropylene. The article also notes that while global oil refining capacity is expected to rebound, Southeast Asian refiners face challenges from rapid capacity growth in the region, particularly from China. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2026
  • Accession Number:190670534
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.