Asia/Pacific
Global chemical industry to see modest growth, driven by M&A activity
In its 2013 outlook, Deloitte finds that the financial influences of globalization, market maturation in China, and raw material trends will position M&A as an effective strategic tool.
EMGC '13: Gas gurus discuss resource potential of Eastern Mediterranean
During EMGC’s Tuesday technical program, executives from operating, service and technology companies shared insight into development opportunities and their regional implications.
Japan, India officials to discuss high LNG prices
The Japanese government has been seeking ways to reduce its LNG import bill amid soaring domestic demand, and has tried to rally support from other buyer countries like South Korea and India. Japan is the world's largest LNG importer, and buys most of its LNG needs from Malaysia, Qatar, Australia and Russia.
Petrovietnam to upgrade Dung Quat refinery, but expansion plan scrapped
Petrovietnam had earlier said it planned to sell a 49% stake in the refinery to foreign investors and use the proceeds to expand capacity to 200,000 bpd. "Upgrading the refinery so that it can process a diversified feedstock will cost less than expanding its capacity," a top project official said.
KBR, Yokogawa form ammonia technology alliance
Company officials say the fertilizer automation package will couple KBR’s ammonia process technology expertise with Yokogawa’s know-how of process control systems to streamline the work process, develop standard configurations and simplify interfaces between various suppliers.
Shell looks to sell Geelong refinery in Australia
The number of refineries in Australia has dwindled in recent years as vast new processing facilities have sprung up in India, Singapore and elsewhere in the region, producing products such as gasoline, jet fuel and motor oil more cheaply. Geelong is now Shell's only oil refinery in Australia.
US chemical group aligns with Indian oil industry to improve process safety
This communication may lead to joint meetings and conferences and peer review of each other’s publications. Leaders of both organizations say such cooperation is critical to incorporating process safety into companies’ management systems to prevent the recurrence of existing and former problems.
China to overtake US as largest oil importer
OPEC, whose members supply more than one in three barrels of crude consumed worldwide, said rising Chinese imports were backed by increased throughput at the country's refineries. The group quoted recent analysis saying China's oil imports could top 6 million bbl this year.
LyondellBasell licenses technologies to new China polyethylene, EVA plant
Key features of the Lupotech T tubular technology and the Lupotech A autoclave technology include low manufacturing and investment costs, fast start-up and grade changes, and high quality LDPE and copolymers with up to 40% EVA covering the entire range of melt flows and densities.
WR Grace buys Australian waterproofing company Chemind Construction
Chemind adds new waterproofing technology to Grace’s global construction products portfolio and establishes its first waterproofing R&D and manufacturing facility in Australia. The new site will make waterproofing materials for repair, maintenance and improvement markets and for new construction.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
