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Asia/Pacific

Maire Tecnimont Group awarded new technology and high-value engineering contracts for approximately $90 MM

Maire Tecnimont S.p.A. announces that some of its Sustainable Technology Solutions subsidiaries have been awarded several new contracts for technology licensing and engineering services for an overall value of approximately $90 MM.

Stamicarbon signed to license its largest Ultra-Low Energy urea plant

Stamicarbon has signed a contract covering PDP, licensing and equipment supply for an Ultra-Low Energy grassroots urea plant in Jiangxi province, China.

China's March diesel, jet fuel exports surge; gasoline down 34%

China's diesel exports shipments surged to 1.44 million tons, up 113.8% in March, from 0.67 million tons a year ago, data from the General Administration of Customs showed.

Asian refiners to raise gasoline output, cut diesel to ease oversupply

Several Asian refiners are likely to maximize gasoline output from May and reduce gasoil output, cashing in on higher profits for the motor fuel ahead of the peak summer driving season.

Technip Energies awarded a contract for Juhua’s Greenfield Chemical Complex in China

Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. for a 1,3-propanediol plant with a capacity of 72 kta and a 150 kta polytrimethylene terephthalate plant in Ningbo, Zhejiang, China.

Vietnam's Binh Son refinery delays maintenance, expects 88% profit fall this year

Vietnam's Binh Son Refining and Petrochemical will delay the maintenance at its refinery until next year, and said it expects profits to drop 88% this year due to rising costs, including higher taxes.

Petrochemical firms and Seoul city government partner to recycle plastic waste

The Seoul Metropolitan Government is partnering with domestic petrochemical companies to begin a pilot project for recycling plastic waste materials using thermal pyrolysis technology.

Clariant announces grand opening of its new CATOFIN catalyst plant in China

Clariant announced today the grand opening of its new CATOFIN catalyst production site in Jiaxing, Zhejiang Province, China.

Honeywell’s Oleflex unit continues successful operation at Jiangsu Sailboat Petrochemicals Company

Honeywell today announced that the world’s largest High Performance Oleflex unit at Jiangsu Sailboat Petrochemical Co., LTD continues to produce 700,000 metric tons per year of polymer-grade propylene at its Lianyungang City plant in China’s Jiangsu Province.

Sinopec's SBC project with 170,000 TPY production capacity goes into operation

Hainan Baling Chemical New Material Co., Ltd. has launched production of its styrene-butadiene copolymer project in Hainan, China, which will reach an annual production capacity of 170,000 tons.