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Asia/Pacific

NextChem awarded licensing contract for 60,000-tpy SAF plant in Indonesia

NextChem  (Sustainable Technology Solutions) has been awarded the licensing and the Process Design Package for a 60,000-tpy sustainable aviation fuel plant located in Sei Mangkei, North Sumatra Province, Indonesia. This will be the first plant that will produce SAF with high efficiency, mainly from palm oil mill effluent (POME), enabling the full valorization of this feedstock in the country.

Asahi Kasei receives governmental support to expand manufacturing capacity for green H2 production equipment

Asahi Kasei has received governmental support for the expansion of its manufacturing capacity for cell frames and membranes of alkaline water electrolyzers for the production of green hydrogen (H2) at its plant site in Kawasaki, Japan.

Sinopec: China's oil consumption to peak by 2027

China's oil consumption is set to peak by 2027, state refining giant Sinopec said on Thursday, as diesel and gasoline demand weaken in the world's biggest oil importer, a slowdown that has rattled global oil markets this year.

Bureau Veritas, Samsung Heavy Industries partner to develop CCS solutions

Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection, and certification, is partnering with Samsung Heavy Industries Co. Ltd. (SHI), a leading global shipbuilding and offshore engineering company, to develop floating carbon dioxide (CO2) storage units (FCSUs) and carbon capture and storage (CCS) projects in the Republic of Korea, with the aim to significantly reduce greenhouse gas (GHG) emissions.

Indonesia's higher biodiesel mandate rollout may be gradual, industry watchers say

Indonesia's plan to expand its biodiesel mandate from Jan. 1, which has fueled concerns it could curb global palm oil supplies, looks increasingly likely to be implemented gradually, analysts said, as industry participants seek a phase-in period.

Major Asian oil exporters close 2025 diesel sales at lower levels vs. 2024

Major northeast Asian oil exporters have mostly finalized their 2025 sales for 10-ppm sulfur diesel exports at lower levels from 2024, underscoring a bearish market outlook for a second straight year.

Russia's December idle oil refining capacity revised up 35%

Russia plans to take 1.48 MM tonnes (t) of refining capacity offline in December, up by 35% from a previous estimate but still below the 2.4 MMt in November.

China's gasoline exports surge in November ahead of tax rebate change

China's gasoline exports rebounded in November to the highest level since August 2023, as exporters rushed to sell products before a cut in tax rebates came into effect this month.

India's BPCL plans to expand refining capacity by 2028

India's Bharat Petroleum Corp. plans to expand its refining capacity to 45 MMtpy by 2028 from the current 35.3 MMtpy.

Singapore's ChemOne delays Pengerang complex's start to 2028

Singapore's ChemOne Group has delayed the start of its Pengerang Energy Complex to the fourth quarter of 2028, with construction set to begin by mid-2025, after securing more financing for the project. When completed, the site is expected to house a petrochemical facility that can produce up to 2.6 MMtpy of products such as paraxylene, a feedstock for synthetic fibers and plastic bottles, and 3 MMtpy of fuel products including jet fuel.