Asia/Pacific
NYK Bulkship (Asia) commences first shipment of sustainable aviation fuel
On May 25, NYK Bulkship (Asia) Pte. Ltd. (NBAsia) commenced its first shipment of sustainable aviation fuel (SAF). The SAF left Singapore on an MR-type product tanker and will be unloaded at the port of Los Angeles and San Francisco (U.S.) and delivered to the airports in the region.
India's Reliance signs 1-yr deal to buy Russian oil in roubles
India's Reliance Industries, operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbl of oil a month in roubles.
China’s BYD unveils new hybrid tech as battle with gasoline rivals heats up
China's BYD has launched the latest version of a plug-in hybrid technology that improves fuel and cost savings, intensifying competition with the likes of Toyota and Volkswagen that still sell mainly gasoline-powered cars.
India's use of crude tankers to export diesel slows in May
Indian refiners' use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month.
Vietnam's Binh Son refinery plans new share issue to fund $1.5-B expansion
Vietnam's Binh Son Refining and Petrochemical said it plans to issue new shares as part of its efforts to fund a $1.5-B project to expand and upgrade its Dung Quat refinery.
GAIL to invest $6 B in new ethane cracker in India
GAIL India plans to invest $6 B in a new 1.5-MMtpy ethane cracking unit in Sehore, Madhya Pradesh, India.
Shin-Etsu Chemical to build new plant for silicone products
Shin-Etsu Chemical Co. Ltd. has decided to establish a new company, Shin-Etsu Silicone (Pinghu) Co. Ltd., in Zhejiang Province, China, and construct a new silicone products plant to expand its silicone business.
L&T delivers world’s heaviest ethylene oxide reactor to China
The Heavy Engineering vertical of Larsen & Toubro (L&T) has dispatched two mammoth ethylene oxide (EO) reactors for a project of the chemical giant BASF in China. The reactors were dispatched from L&T’s A M Naik Heavy Engineering Complex at Hazira in Gujarat.
Dow expands propylene glycol capacity in Thailand
Dow has announced the startup of its propylene glycol (PG) capacity expansion at its integrated manufacturing facility in Map Ta Phut, Rayong, Thailand.
Russia plans to open sea terminal for LPG exports to Asia by end of 2025
Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025.
- 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
