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Asia/Pacific

Cabot JV opens black masterbatch plant in China

Cabot has opened its new masterbatch plant in Tianjin, China, the specialty chemicals producer said on Monday. Construction of the $20 million black masterbatch project began in February 2011.

Chevron inks sales deal from Australia LNG project

Chevron said it signed a sale and purchase agreement with Kyushu Electric Power Co. for the delivery of liquefied natural gas (LNG) from the Wheatstone project in Western Australia. Under the binding agreement, Chevron, together with Apache and Kufpec, will deliver up to 700,000 tpy of LNG to Kyushu Electric for up to 20 years.

Indian Oil plans to double refining capacity - report

Indian Oil Corp. plans to nearly double its refining capacity by March 2022 as an improving domestic economy is helping to boost demand for fuel products in India, an executive with the company said on Friday.

Johnson Controls to build China auto battery plant

Johnson Controls is investing $100 million to build a Start-Stop vehicle battery plant in China, citing increasing global demand for high-quality automotive batteries with environmentally-friendly Start-Stop technology.

IEA cuts global oil demand outlook, citing economy

Market observers are puzzled over the ‘paradox’ of weakening economic growth and oil demand indicators on one hand and $110/bbl crude on the other, according to the International Energy Agency (IEA), which on Tuesday cut forecasts for oil demand growth in 2011 and 2012.

Air Products expands Korea nitrogen fluoride plant

Air Products is more than doubling its nitrogen trifluoride (NF3) capacity at its production facility in Ulsan, Korea. The new capacity is expected to be onstream in the second half of 2012.

INEOS licenses technology for China PP project

INEOS Technologies has licensed its Innovene PP process technology for the manufacture of polypropylene homopolymers, random copolymers and impact copolymers to the Ningxia Baofeng Energy in Ningxia, China. The 300,000 tpy Innovene PP plant will produce a wide range of polypropylene products to serve the growing market in China.

UOP wins technology deal for China propylene plant

Honeywell’s UOP has been selected by Fujian Meide Petrochemical Co. to provide key technology to help meet growing Chinese demand for propylene. The new propane dehydrogenation unit at the facility will use UOP's C3 Oleflex technology to produce propylene, a material used in the production of materials such as films and packaging.

Air Products to supply gases for China solar facility

Air Products said it signed a contract with Hunan Gongchuang Photovoltaic Science & Technology Co. to supply bulk and specialty gases at its new silicon thin-film photovoltaic (PV) manufacturing facility in Hengyang City, Hunan Province, China.

Praxair to build air separation plant in west India

Praxair plans to build a new state-of-the-art air separation plant in the rapidly growing Pune-Mumbai industrial corridor of western India, the industrial gases firm said on Tuesday.