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Asia/Pacific

Stamicarbon secures contracts for ultra-low energy urea plant in China

Shandong Lianmeng Chemical Company awards licensing and equipment supply contracts for a grassroots urea melt and prilling plant in China to Stamicarbon, the nitrogen technology licensor of MAIRE Group.

Braskem boosts biopolymer development in Asia, opens Tokyo Representative Office

Braskem announced the opening of its Representative Office in Tokyo, Japan one of the key markets for Braskem's I'm greenT bio-based Polyethylene.

China's September fuel oil imports slide to year-to-date low

China's fuel oil imports eased for a third consecutive month in September, hitting the lowest in the year so far, data from the General Administration of Customs showed.

Vietnam seeks Saudi Aramco's investment in petrochemicals, oil refining

Vietnam is seeking investment from oil giant Saudi Aramco in its petrochemical and oil refinery projects, the Southeast Asian country's government said.

China and India struggle to curb fossil fuels

China and India are burning record amounts of fossil fuels this year, even as they also install record renewable power generation capacity, highlighting the slow pace and enormous inertia to be overcome in the energy transition.

China's September oil refinery throughput surges to record daily rate

China's oil refinery throughput in September hit a record daily rate up 12% from a year earlier as refiners increased run rates to cater for strong demand for transport fuel over the Golden Week holiday and improving manufacturing.

Shipping industry off track to meet 5% zero-emission fuel target by 2030

The world is not on track for zero-emission fuels to account for 5% of international shipping fuels by 2030, a new analysis has found, jeopardizing the shipping industry's 2050 decarbonization goal.

Diesel is subsidizing other fuels in Asia, but beware China

The profit for turning a barrel of crude oil into refined fuels in Asia has slipped to the lowest in three months, even though the margin on diesel remains elevated.

China's Sinopec signs equity agreement for Kazakh polyethylene project

China's Sinopec has signed an equity agreement with Kazakh state-owned oil and gas firm KazMunayGas JSC for a 30% stake in a planned polyethylene project in Kazakhstan.

Automakers blast U.S. plan to hike fuel efficiency rules

A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major automakers sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements.