Asia/Pacific
SAF costs must be lower, ExxonMobil VP says
Costs are the main obstacle to increasing the use of SAF said ExxonMobil Senior Vice President Jack Williams.
PetroChina's Jieyang refinery to receive first Venezuelan oil cargo
PetroChina's Jieyang refinery will receive its first direct crude oil cargo from Venezuela, according to trade sources and ship tracking data on Kpler, after Washington temporarily lifted sanctions on the OPEC producer.
Air New Zealand seeks innovators in global search for SAF
Air New Zealand has launched a global open invitation to innovators and start-ups in the SAF sector to become a supply partner to the airline.
Yokogawa launches OpreX Robot Management Core
Yokogawa Electric Corporation announced the development and release of OpreX Robot Management Core, a software application in the OpreX Asset Management and Integrity family and will go on sale on March 22, 2024.
Singapore's middle distillates stocks dip slightly as net exports surge
Singapore's middle distillates inventories slipped by 4% from last week as net exports of diesel/gasoil and jet fuel/kerosene surged.
Samsung Engineering rebrands name to 'SAMSUNG E&A'
The company name change to SAMSUNG E&A CO., LTD. was confirmed during the 57’s general shareholders' meeting on 21 March 2024, where the change of articles of incorporation were passed.
BASF breaks ground on methyl glycol plant at Zhanjiang Verbund site in China
BASF has broken ground on a methyl glycols plant at its Verbund site in Zhanjiang, China and is designed with an annual capacity of 46,000 metric tons and aims to meet the rapidly growing demand for brake fluids in the region.
Mingca Packaging and ExxonMobil introduce innovative double bubble polyethylene-based shrink film solution
Shantou Mingca Packaging Co Ltd and ExxonMobil Asia Pacific Research & Development Co., Ltd announced an innovative double bubble Polyethylene-based Shrink Film solution, the next generation of Polyolefin Shrink Film, created using ultra-low density Exceed XP performance polyethylene.
Clariant and Lummus awarded catalyst tech contract for new isobutane dehydrogenation plant in China
Clariant and its process partner Lummus Technology have been selected by Huizhou Boeko Materials Co. Ltd., to provide their CATOFIN catalyst and process technology for the dehydrogenation of isobutane at the new plant in Huizhou City, China.
DHL Express and Standard Chartered partner to co-invest in SAF
DHL Express has signed a strategic partnership with Standard Chartered for DHL Express's GoGreen Plus service in which the two organizations have agreed to co-invest in SAF.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5

