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Asia/Pacific

Chemtura inks antioxidants supply deal in China

US-based specialty chemicals producer Chemtura has signed a long-term supply agreement with Tianjin Lisheng Chemical of PR China for production of Chemtura’s thioester antioxidants. Under the agreement, Lisheng exclusively supplies Chemtura with thioester antioxidants in all regions outside of Northeast Asia.

MAN Diesel to supply compressors for China plant

MAN Diesel & Turbo has secured an order for 24 compressor units for an integrated chemical complex in Chongqing, China, the company said on Wednesday. The order size is about €50 million.

Shell shuts down large Singapore refinery after fire

Shell is in the process of shutting down its 500,000 bpd refinery in Pulau Bukom, Singapore, following the recent fire at the facility, company officials said on Thursday. The fire, which began on Wednesday and may have been started during maintenance work, has been extinguished. However, there are still traces of fuel vapor, according to Shell officials.

Air Products to increase Korea nitrogen production

Air Products will increase production of gaseous nitrogen at Cheonan City, South Chungcheong Province in Korea to serve increasing demand from the electronics industry. The company said it will build a new nitrogen plant at its site in Cheonan industrial complex.

Chevron greenlights Wheatstone LNG in Australia

Chevron announced on Monday that its Australian subsidiary will proceed with the construction of its $29 billion Wheatstone LNG project in Western Australia.

Huntsman plans $40m Asia-Pacific technology hub

Huntsman plans to invest $40 million in building an Asia Pacific regional technology center in Shanghai's Minhang economic and technological development zone. The US-based chemicals manufacturer said the center would support rapidly-growing demand for world-class technology and innovation from customers across the Asia Pacific region.

Air Products wins China industrial gas supply deal

Air Products will build and operate an air separation unit (ASU) and integrated liquefier in the Nanjing Chemicals Industrial Park in Nanjing, China. The ASU follows a long-term contract agreement to supply oxygen and nitrogen to Wison (Nanjing) Clean Energy’s coal-to-syngas gasification facility in Nanjing, the company said. Specific terms were not disclosed.

Chevron approved by Australia for Wheatstone LNG

Chevron says it has received Australian Commonwealth government approval for its Wheatstone LNG project in Western Australia. The foundation phase of the project will consist of two liquefied natural gas (LNG) trains with a combined capacity of 8.9 million tpy and a domestic gas plant.

Strategic buyers lead chemical M&A revival - report

Mergers and acquisitions (M&A) activity in the global chemicals industry surged following the recession, driven by interest from strategic buyers in the specialty chemical sector, according to a report issued Wednesday from Fitch Ratings.

GE to supply compressors for Shell Australia FLNG

GE Oil & Gas has entered into an agreement with Technip to supply two steam turbine-driven compressors for the Shell Prelude floating liquefied natural gas (FLNG) project. The facility, which is to be based offshore Australia, will be the largest floating offshore facility in the world.