Asia/Pacific
Grace licenses UNIPOL polypropylene technology to Bharat Petroleum Corp. Ltd.
W. R. Grace announced that Bharat Petroleum Corporation Limited (BPCL), the second largest Indian oil marketing company, has expanded its licenses for Grace’s UNIPOL® polypropylene (PP) process technology.
CH4 Global, CirPro Australia process first cattle to be fed Methane Tamer™ at commercial scale
CH4 Global Inc. and CirPro Australia have announced that the first group of cattle to have been fed commercial quantities of CH4 Global's methane-reducing feed additive, Methane Tamer™, have been processed.
Vast and Mabanaft advance Port Augusta green methanol project in Australia
Vast Renewables Ltd., a renewable energy company planning to power green fuels production with its concentrated solar thermal power (CSP) energy systems, announced it has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance Solar Methanol 1 (SM1), a CSP-powered green methanol reference plant.
Singapore offers carbon tax rebates for refiners near term
Singapore is offering refiners and petrochemical companies rebates of up to 76% for its planned carbon tax for 2024 and 2025 to help them ease cost stress and remain competitive versus rivals elsewhere.
Thailand BOI approves $1.5-B investment in biochemicals, data centers, power plants, hospital
The Thailand Board of Investment (BOI) has approved the investment promotion applications of eight large projects worth a combined 56.95 B baht ($1.54 B), including a bio-ethylene plant project by the local joint venture of Brazil’s Braskem, as well as data centers, power plants, and a major new hospital.
China continues to lift crude oil stockpiling amid weak refinery runs
The world's biggest crude importer has had a soft start to the year. China added more than 1 MMbpd of crude oil to stockpiles in May as soft imports were outweighed by even weaker refinery processing volumes.
Russia's June idle oil refining capacity raised by 114%
Russia's primary offline oil refining capacity has been raised by 114% from the previous plan to 4.1 million metric tons for June mainly to due to last-month stoppages at the Tuapse and Komsomoslk plants.
Neste supplying SAF to Emirates for flights from Singapore Changi Airport
Neste is supplying sustainable aviation fuel (SAF) to Emirates for flights departing from Singapore Changi Airport. With this, Emirates becomes the first international visiting carrier using SAF supplied at the airport from Neste’s Singapore refinery.
Nuberg EPC wins hydrogen peroxide plant for PT Sulfindo Adiusaha, Indonesia
Nuberg EPC, a leading global engineering, procurement and construction (EPC) company specializing in the chemical industry, has announced a collaboration with PT Hidrogen Peroxida Indonesia on a landmark project in Jakarta.
Saudi crude oil exports to China to fall for 3rd straight month in July
Saudi crude oil exports to China will fall in July for a 3rd straight month to about 36 MMbbl amid plant maintenance and as some refiners opted for other sources of cheaper oil.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
