Asia/Pacific
HP Viewpoint: Cautious optimism for growth seen in US natural gas market
With the advantages of a large resource base, relatively reasonable costs, and environmental pressures on competing fuels, such optimism is justified. However, the industry’s hopes are not guaranteed to be fulfilled.
HP Viewpoint: LNG’s future: Branching out
The liquefied natural gas (LNG) industry is mature and poised to branch out in many new directions in the coming decades as it continues to grow in capacity.
HP Construction: Asia Pacific
Davy Process Technology Ltd., a Johnson Matthey company, and The Dow Chemical Co.’s Oxygenated Solvents Business, have announced that Wison (Nanjing) Clean Energy Co., Ltd., has selected LP Oxo S..
Indian Oil to cut jet fuel prices amid weaker crude
Indian Oil Corp. on Saturday said it will trim jet fuel prices by 1.0% beginning January 1 due to a softening in international benchmark rates. State-run fuel retailers revise jet fuel prices every fortnight in line with international crude oil prices.
Tata Power to buy BP stake in India solar venture
Tata Power signed an agreement to buy partner BP Alternative Energy Holdings' 51% stake in their solar energy venture in India. Under the agreement, Tata BP Solar will have access to certain technologies of BP until 2013, Tata Power said in a regulatory filing.
ExxonMobil to consolidate businesses of fuels marketing, lubricants
The ExxonMobil board of directors will approve the consolidation of ExxonMobil Fuels Marketing Co. and ExxonMobil Lubricants & Petroleum Specialties Co. into ExxonMobil Fuels, Lubricants & Specialties Marketing Co., effective February 1, 2012.
BP shutting solar unit as industry struggles
BP will exit the solar panel business in a move that will affect about 100 employees, according to reports. BP said the solar business, which has been flooded by excess supply from China, has become commoditized.
Valspar opens coatings R&D facility in China
Paints and coatings major Valspar Corp. announced the opening of its new research and development (R&D) center in Shunde, China. Nearly half of the company's sales in the Asia-Pacific region are in China, where Valspar currently has five manufacturing facilities.
HB Fuller to acquire global industrial adhesives business from Forbo
HB Fuller Co has signed an agreement to purchase the global industrial adhesives business of Forbo Group. Forbo is known for the breadth of its product line in all of HB Fuller’s core market segments, particularly packaging and durable assembly, according to Fuller officials.
India refinery runs increase 9.2% in November
India's refinery runs in November rose a sharp 9.2% from October as Essar Oil resumed normal operations at a 14 million ton refinery after a 35-day shutdown. The refinery runs topped the government's target of 13.71 million tons, or 3.35 million bpd.
- thyssenkrupp Uhde to build a low-emission polyester plant for KÖKSAN in Turkey 4/9
- Honeywell to supply digital process and automation technologies to the Dangote refinery 4/9
- Technip Energies awarded contract for Long Son Petrochemicals enhancement project in Vietnam 4/9
- Digital Exclusive: How oil and gas operators can strengthen OT security in 2026 4/9
- Japan weighs new release of about 20 days' worth of oil from reserves 4/9
- Germany probes Klesch's planned purchase of bp refinery 4/9
