Asia/Pacific
Jacobs wins engineering on Honeywell, Sinochem venture in China
Jacobs Engineering Group will provide engineering and procurement services for the newly-formed joint venture between Honeywell and Sinochem. The joint venture, to be located in Taicang, Jiangsu Province, plans to produce HFC-245fa, a non-ozone-depleting rigid foam blowing agent used in insulation.
Linde to build hydrogen plant at northeast China chemical complex
The Linde Group says it will build and operate a new hydrogen plant in the Jilin Chemical Industrial Park (JCIP) in northeast China. The hydrogen plant is expected to come on stream by the end of 2013, supplying several companies in the Jilin chemical complex with high-purity hydrogen.
Shale gas gives rise to era of energy independence
A boom in shale gas output has lifted US gas supplies to record levels, creating an environment to sustain low prices and offering a new era in energy independence.
Sinopec, SK mulling China ethylene joint venture
China Petroleum & Chemical Corp. (SNP), or Sinopec, said Friday that it has signed a memorandum of understanding on strategic cooperation with Korea's SK Group. The two companies say they will continue to discuss joint investment in an 800,000 tpy ethylene project in Wuhan in central China.
Developing nations seen making better efforts on climate change - official
Developing countries are making more effort to combat climate change and reduce carbon emissions than the developing world and that imbalance is threatening the future of the Kyoto Protocol, Venezuela's climate change representative said Tuesday.
US says nations must adhere to CO2 pact
The US said Monday that any future emission reduction accord must equally apply to industrialized countries and the major emerging economies such as China. The US, which isn't a member of the Kyoto Protocol, said it takes climate change seriously but any accord has to have equal application to the US and major emerging economies in order to be passed.
Dow, Saudi Aramco finalize Sadara chemical JV; senior officials named
Dow Chemical and Saudi Aramco on Monday announced the official formation of Sadara Chemical Co. (Sadara), a joint venture between the two companies. First production units are expected to come on line in the second half of 2015. All units are expected to be up and running in 2016.
BP, Indian Oil sign initial pact to build acetic acid plant in west India
BP and Indian Oil Corp. said Wednesday they have signed an initial agreement to form an equally owned joint venture to build a 1 million tpy acetic acid plant in western India.
IEA urges fix of renewable energy subsidies
Governments offering financial incentives to renewable energy generation technologies must do more work to make this support more cost effective, the International Energy Agency said Wednesday. Problems can be avoided by quickly adapting subsidy policies as technologies evolve and their costs fall, said the agency.
Reliance, BP form JV for India natural gas business
Reliance Industries and BP said Friday they've formed an equal joint venture, called India Gas Solutions, for sourcing and marketing natural gas in India. They added that Reliance and BP will provide equal amount of equity to fund the new company.
- 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
