Asia/Pacific

Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical establish an LLP for ethylene manufacturing facilities in western Japan

India's ONGC to keep buying Russian oil if prices economical

Indian explorer Oil and Natural Gas Corporation said its refining units will continue to buy Russian oil if available at economical prices.

Indian automakers say ethanol fuel hurts mileage but is safe, as motorists complain

India's roll-out of fuel blended with 20% ethanol will hurt a vehicle's mileage by 2%-4% but is safe to use, a lobby group representing the country's automakers said, aiming to assuage motorists' concerns in the world's third-largest car market.

KraussMaffei launches co-rotating twin-screw extruders for petrochemical industry

With the market launch of the new ZE Petrochemical (ZE-PC) series, KraussMaffei Extrusion is setting a milestone in industrial raw polymer production.

Aster Chemicals declares force majeure at Singapore naphtha cracker

Singapore's Aster Chemicals and Energy has declared force majeure on petrochemical supplies from its naphtha cracker on Bukom island

Sinopec wins engineering contract for Saudi Arabian green hydrogen/ammonia project

China's Sinopec said it has agreed to provide engineering services for Saudi Arabia's ACWA Power to build the world’s largest integrated green hydrogen and green ammonia project in the kingdom.

South Korea petrochemical overhaul likely to shut small, stand-alone naphtha crackers

Small and stand-alone naphtha crackers are likely to shut while some plants could merge as part of an overhaul of South Korea's oversupplied petrochemical sector, which will cut naphtha demand at the world's largest importer of the fuel.

India's ONGC plans to set up trading unit for crude, refined fuels for group firms

India's state-run Oil and Natural Gas Corp (ONGC) is planning to set up a trading unit for the crude and refined fuels of its group companies, a top executive at ONGC Videsh said.

China's carbon market to introduce absolute emissions caps from 2027

China will tighten its carbon trading market by introducing absolute emissions caps in some industries for the first time starting by 2027, China's cabinet said.

Vietnam to make switch to ethanol-blended fuel in move to boost U.S. imports

The Ministry of Industry and Trade has submitted a proposal to the government to switch to E10 - a blend that mixes gasoline with up to 10% of bioethanol.