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Asia/Pacific

Pakistan-China to sign MoU on oil-to-chemicals complex in June

During Prime Minister Shehbaz Sharif's visit to Beijing in June, China and Pakistan are expected to sign a memorandum of understanding (MoU) on a crude-to-petrochemical refinery project.

China biofuel makers bet on sustainable aviation fuel

Biofuel firms are pouring more than $1 B into building China's first plants to turn waste cooking oil into aviation fuel for export and meet domestic demand, once Beijing mandates the fuel's use on airplanes to cut emissions.

China's refinery output falls for first time in 20 mos due to maintenance

China's refinery output fell 3.3% in April from a year earlier, the first annual decline in 20 mos, as large refiners carried out regular maintenance and small independent plants curbed production due to thin profit margins.

Dow, SCG Chemicals sign MoU to transform 200,000 tpy of plastic waste into circular products

Dow and SCG Chemicals have signed of a first-of-its kind memorandum of understanding (MoU) circularity partnership in the Asia-Pacific region to transform 200,000 tpy of plastic waste into circular products by 2030.

BASF expands its biomass balance portfolio for selected chemical intermediates

BASF will expand its biomass balance offering to include BMBCertTM 1,4-butanediol (BDO), tetra-hydrofuran (THF), polytetra¬hydrofuran (PolyTHF®) and 3-(di¬methyl¬amino)pro¬pyl¬amine (DMAPA).

Plug signs contract with Allied Green Ammonia to supply H2 for planned ammonia facility in Australia

Plug Power Inc., a global leader in comprehensive hydrogen solutions for the green hydrogen (H2) economy, has signed a basic engineering and design package (BEDP) with Allied Green Ammonia (AGA), an Australian company focused on green ammonia production, for a three-gigawatt (GW) electrolyzer plant supplying H2 to AGA’s planned ammonia facility proposed for the Northern Territory of Australia.

HSBC to arrange funds for $1.49-B expansion project at Vietnam's Binh Son refinery

Binh Son Refining and Petrochemical has chosen HSBC Bank as the export credit agency for a project to expand its Dung Quat refinery.

Singapore middle distillate stocks tumble to nearly three-month low

Singapore's middle distillates stocks slid to a nearly three-month low this week, falling below 11 MMbbl for the first time in a month as gains in jet fuel/kerosene net exports offset declines in diesel/gasoil net exports.

China's CNCEC to build 300,000-bpd Al-Faw refinery in Iraq

China's National Chemical Engineering Company (CNCEC) has inked a deal with the Southern Refineries Company to build a 300,000-bpd refinery in Al-Faw, Iraq.

Itochu to buy green ammonia from HIVE's $5.9-B Coega facility

A division of Hive Energy Ltd. announced that a consortium led by Japanese trading giant Itochu Corp. is on the verge of finalizing an agreement to purchase environmentally friendly ammonia from a project located in South Africa.