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Asia/Pacific

DB Schenker to use Neste's renewable diesel to decarbonize logistics in Asia

Neste and DB Schenker, one of the world’s leading logistics service providers, have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to progress towards lower-emission logistics. 

Quaker Houghton completes its acquisition of Dipsol Chemicals and announces its acquisition of Natech

Quaker Houghton, a global industrial process fluids company, has completed its previously announced acquisition of Dipsol Chemicals, a supplier of surface treatment and plating solutions and services primarily for the automotive and other industrial applications, for ~$153 MM.

Shell completes Singapore refinery sale to Chandra Asri-Glencore JV

Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore JV, and trade sources said the new owners had already started purchasing feedstock.

Japan's Maruzen Petrochemical to shut ethylene unit in Chiba

Japan's Maruzen Petrochemical, a unit of Cosmo Energy Holdings, will shut its ethylene unit in Chiba in the 2026/27 financial year and consolidate production at Keiyo Ethylene, its joint venture with Sumitomo Chemical, the companies said.

BASF starts up its first plant for recycled polyamide 6

BASF announced the start-up of the world’s first commercial loopamid® plant. The production facility at the Caojing site in Shanghai, China, has an annual capacity of 500 metric tons and marks an important step in the supply of sustainable products for the textile industry.

China's Rongsheng Petchem opens Canada office, buys crude from Suncor

China's Rongsheng Petrochemical, China's largest independent refiner with capacity of 40 MMtpy or 800,000 bpd, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy.

Consortium concludes MoU for study on SAF, bio-naphtha and renewable diesel from domestic forest residues

Japan Airlines Co., Ltd., Marubeni Corporation, Mitsubishi Chemical Corporation, Chugoku Lumber Co., Ltd., Boeing Japan KK and Obayashi Corporation have concluded a memorandum of understanding on a preliminary business feasibility study for the manufacture and sale of sustainable aviation fuel, bio-naphtha and renewable diesel from domestic forest residues.

Saudi Aramco looks to invest in Indian refineries

Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market

India's Reliance to stop buying Venezuelan oil over U.S. tariffs

India's Reliance Industries, operator of the world's biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying crude from the South American nation.

Shell unveils market strategy during Capital Markets Day

During Shell’s Capital Markets Day 2025, it unveiled the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification.

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