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Asia/Pacific

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.

Thailand soars from 11th to 8th in global LNG import rankings with 25% surge

Thailand has jumped from eleventh to eighth in the world ranking for imports of LNG, after purchases through October soared 25% from the same period in 2022.

China sets minimum size for new refiners as it caps overall capacity

China has set a minimum size for new oil refineries and will ban small crude processors that claim to be chemicals or bitumen producers under its plan to limit total capacity at 1-B metric tons by 2025.

Philippines seeks gasoline price cut with higher ethanol blend

The Philippine government aims to lower domestic pump prices for gasoline by calling for a higher ethanol blend of 20% on a voluntary basis, from the current mandatory 10%.

Vitol to launch specialist biofuel bunker barges in early 2024

Global energy trader Vitol will be delivering specialized bunker barges at Singapore in early 2024, and will be able to offer a range of biofuel blends through its subsidiaries V-Bunkers and Vitol Bunkers.

Japan's Eneos shuts crude distillation unit at Sakai oil refinery

Japan's biggest oil refiner, Eneos Corp, shut the 141,000 bpd crude distillation unit at its Sakai refinery on Oct. 16 after a glitch.