Asia/Pacific
China's CNOOC, two chemical firms looking at Shell Singapore assets
CNOOC, Eversun Holdings and Wanhua Chemical are among those that have started early evaluations of Shell assets that include a 237,000 bpd refinery and a one MMtpy ethylene cracker.
Sumitomo Chemical to develop green process for ethanol-based propylene
Sumitomo Chemical has begun construction of a pilot facility to establish a process for producing propylene directly from ethanol, which is attracting attention as a sustainable chemical raw material.
Malaysia's Gentari, Singapore's GIC to produce, export green ammonia from India
Malaysia's Gentari, a renewable energy unit of Petronas, and Singapore sovereign wealth fund GIC signed an agreement to produce up to 5 Mtpa of green ammonia in India by 2030.
Axens and ZPJE established Nectis: a JV dedicated to the promotion and sale of Spiral Tubes Heat Exchangers
Nectis and Zhenhai Petrochemical Jianan Engineering Co. Ltd join forces in establishing Nectis, a France-based company targeting the promotion and sales of STHE to the process industry outside of China.
Russia's September fuel oil and VGO exports to India hit record high
Russia has sent record volumes of sea-borne fuel oil and vacuum gasoil to India in September, replacing some crude oil volumes.
Indonesia conducts first commercial flight using palm oil-blended jet fuel
Indonesia flew its first commercial flight using palm oil-blended jet fuel, as the world's biggest producer of the commodity pushes for wider use of biofuels to cut fuel imports.
Honeywell offers renewable fuels technologies to refiners in Asia Pacific
Honeywell announced the availability of technologies and digital solutions to enable customers in Asia Pacific to produce renewable fuels from multiple sources of renewable feedstocks.
New acrylic resin material for automotive bodies under joint development with Honda
The Mitsubishi Chemical Group is pleased to announce that it and Honda Motor Co., Ltd. are jointly developing PMMA material for automotive body parts.
Neste sees Singapore green jet fuel sales picking up from Q2 2024
Finland's Neste beat third-quarter core earnings forecasts and said SAF sales from its new Singapore facility would pick up from the second quarter of next year.
Axens, IFPEN, and JEPLAN commence operations at the Rewind PET facility in Japan for PET chemical recycling
Axens, IFPEN and JEPLAN entered into a partnership in 2020 to develop and license an innovative recycling process, called Rewind PET, that can be used to recycle all types of waste Polyethylene Terephthalate, especially those difficult to recycle mechanically.
- 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
