Asia/Pacific
China's Sinopec partners with Saudi Aramco's unit in $4-B JV
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture (JV) company with a registered capital of 28.80 B yuan ($3.95 B).
Inauguration of new specialty chemicals laboratory in Shanghai
Perstorp and BRB, wholly-owned subsidiaries of PETRONAS Chemicals Group Berhad, has inaugurated a new innovation hub in Shanghai, China. This advanced laboratory will support growth in the region by increasing technical support for customers with a specific focus on the Asian market.
Asahi Kasei, Nobian, Furuya Metal and Mastermelt commence joint project to recycle metals, signaling a milestone towards circularity in the chlor-alkali industry
Japanese technology company Asahi Kasei has started a joint demonstration with Nobian, Furuya Metal and Mastermelt on the recycling of metals, including precious metals, used in the cells and electrodes incorporated in electrolyzers used for the production of caustic soda.
India's Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag
India's capital New Delhi plans to limit gasoline and diesel-powered cars a family can buy as well as ban sales of fuel-guzzling motorbikes and scooters, according to a draft policy aimed at cleaning up one of the world's most polluted cities.
Automakers rush to meet surging China demand for long-range hybrids
Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto market.
Aster Chemicals to bid for ExxonMobil's Singapore fuel stations
Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for ExxonMobil's petrol stations in Singapore, as the refiner seeks retail fuel sales outlets.
Indian Oil plans to operate Gujarat refinery at higher capacity from mid-2026
Indian Oil Corp. plans to operate its Gujarat refinery in western India at an expanded capacity of 360,000 bpd by mid-2026, executive director Biplob Biswas said.
GS E&C, Amogy, HD Hyundai Infracore partner with South Korean city to advance ammonia-based power gen
Amogy, a provider of scalable and efficient ammonia-to-power solutions, has announced a collaboration with GS Engineering & Construction (GS E&C), HD Hyundai Infracore (HDI) and Pohang-si, the largest city in North Gyeongsang Province, South Korea, to deploy an ammonia-powered distributed power generation system.
Japan to lower gasoline prices and implement energy subsidies
Japanese Prime Minister Shigeru Ishiba said the government will slash gasoline prices by 10 yen ($0.0713) per liter from May 22 as part of measures to curb rising energy prices.
South Korea to implement smaller fuel tax cuts from May
Tax breaks will be extended until the end of June, with the rate adjusted to 10% for gasoline, from the current 15%, and that for diesel and liquefied petroleum gas butane to 15% from 23%.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Shell reports June 4 fire at ethylene cracker plant in Pennsylvania (U.S.) 6/9
- Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel 6/9
- Carbon Clean, MODEC to accelerate the scale-up of CycloneCC for offshore carbon capture 6/9
- Ebara Elliott Energy signs high-speed balancing bunker agreement to expand Middle East footprint 6/9
- Rotork joins Rockwell Automation’s Technology Partner Program 6/9
