Asia/Pacific
Russia to aid hurricane-hit Cuba with diesel fuel
Russia has pledged to provide Cuba with approximately 80,000 tons of diesel fuel worth $60 MM to assist the island nation in its energy crisis.
SABIC opens ULTEM™ resin manufacturing facility in Singapore
SABIC, a global diversified chemicals company, has officially launched its new $170-MM (S$220-MM) ULTEM™ resin manufacturing facility in Singapore, marking the company’s first advanced specialty chemical manufacturing facility in the region producing the high-performance thermoplastic, ULTEM™ resin.
Indonesia proposes increase in biodiesel mix to 50% in 2028
Indonesia's government is proposing to increase the mandatory blend of palm oil-based fuel in biodiesel to 50% in 2028, up from the present amount of 35%.
China's crude oil imports fall for sixth straight month on refinery closure
China's crude oil imports fell 9% in October, a sixth consecutive monthly year-on-year decline as a plant closure at a state oil refinery adds to weaker demand from independent refiners.
CB&I awarded contract by Viva Energy for terminal diesel tank replacement project in Melbourne
CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a sizeable ($10 MM–$50 MM) lump sum contract by Viva Energy for engineering, procurement and construction (EPC) of two 10ML diesel tanks and associated civil, structural, mechanical and piping works for its diesel tank replacement project, located in Newport, Melbourne, Australia.
Thai SCG halts operations at $5.4-B Vietnam petrochemical complex
Siam Cement Group said it has suspended commercial operation at its $5.4-B Long Son Petrochemicals complex in Vietnam after only one month due to "the chemicals' low margin".
Solvay licenses hydrogen peroxide process technology to North Huajin Refining and Petrochemical Company
Solvay will license its leading-edge hydrogen peroxide technology to North Huajin Refining and Petrochemical Company for the manufacturing of 300.000 tpy of propylene oxide in its Panjin (Liaoning Province, China) facility, with a planned launch in 2026.
South Korean refiners' losses deepen in 3Q, margins set to improve in 4Q
South Korean refiners reported on Monday sharp losses in the third quarter from oil refining, but expect their margins to recover in the fourth quarter with peak winter demand and refinery run cuts in Asia.
SEEC to use thyssenkrupp nucera’s electrolyzer for caustic soda production
Fujian Southeast Electrochemical Co., LTD. and thyssenkrupp nucera have reached another milestone in their collaboration. The Chinese chemical company is now utilizing thyssenkrupp nucera’s latest e-BiTAC v7 electrolyzer with a production capacity of 300,000 tpy of caustic soda at their chlor-alkali plant in the Chinese Fujian province. This marks the commencement of the fourth phase of the project, serving for expanding of downstream application.
Drone crashes on oil depot in Russia's Stavropol region
A drone fell on an oil depot in Russia's southern Stavropol region. It was the second suspected Ukrainian attack in consecutive days on Russian fuel and energy targets.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
