Asia/Pacific
Asian refiners to raise gasoline output, cut diesel to ease oversupply
Several Asian refiners are likely to maximize gasoline output from May and reduce gasoil output, cashing in on higher profits for the motor fuel ahead of the peak summer driving season.
Technip Energies awarded a contract for Juhua’s Greenfield Chemical Complex in China
Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. for a 1,3-propanediol plant with a capacity of 72 kta and a 150 kta polytrimethylene terephthalate plant in Ningbo, Zhejiang, China.
Vietnam's Binh Son refinery delays maintenance, expects 88% profit fall this year
Vietnam's Binh Son Refining and Petrochemical will delay the maintenance at its refinery until next year, and said it expects profits to drop 88% this year due to rising costs, including higher taxes.
Petrochemical firms and Seoul city government partner to recycle plastic waste
The Seoul Metropolitan Government is partnering with domestic petrochemical companies to begin a pilot project for recycling plastic waste materials using thermal pyrolysis technology.
Clariant announces grand opening of its new CATOFIN catalyst plant in China
Clariant announced today the grand opening of its new CATOFIN catalyst production site in Jiaxing, Zhejiang Province, China.
Honeywell’s Oleflex unit continues successful operation at Jiangsu Sailboat Petrochemicals Company
Honeywell today announced that the world’s largest High Performance Oleflex unit at Jiangsu Sailboat Petrochemical Co., LTD continues to produce 700,000 metric tons per year of polymer-grade propylene at its Lianyungang City plant in China’s Jiangsu Province.
Sinopec's SBC project with 170,000 TPY production capacity goes into operation
Hainan Baling Chemical New Material Co., Ltd. has launched production of its styrene-butadiene copolymer project in Hainan, China, which will reach an annual production capacity of 170,000 tons.
China chemical groups seek Beijing nod for $10-B Indonesia refinery
Two Chinese polyester fiber makers are seeking Beijing's approval to build a $10-B refinery and petrochemical complex in Indonesia.
India's March fuel demand soars on robust economic activity
India's fuel consumption jumped to a record high in March fueled by robust economic activity in the world's third biggest oil consumer.
Western curbs on Russian oil products redraw global shipping map
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns.
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