Asia/Pacific
China waives tariffs on U.S. ethane imports, sources say
China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday, among a group of products that have been granted exemptions.
China's Zhejiang Jiaao gets rare export license for SAF
China's Zhejiang Jiaao Enprotech said on Wednesday its subsidiary had obtained a state-granted export license for sustainable aviation fuel (SAF) for 2025.
Topsoe chosen as technology provider by Zhejiang Jianglan for SAF project
Once fully operational, the plant is set to produce 300,000 tons of SAF annually which will initially be exported to European markets.
Sri Lanka to begin talks with India, UAE for new energy hub
Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, as the nation looks to leverage its strategic location to cement a recovery from a financial crisis.
S-Oil posts refining, petrochemical losses; expects US tariffs to affect margins in Q2
South Korea's S-Oil, majority owned by Saudi Aramco, posted losses in the first quarter from its refining and petrochemical units and expects second-quarter margins to be impacted by U.S. tariff negotiations and market volatility.
Kuwait Petroleum's stake investment in China Wanhua Chemical's unit valued at $638 MM
Kuwait Petroleum subsidiary's acquisition of a 25% stake in China Wanhua Chemical's petrochemical business is valued at $638 MM
China's Sinopec partners with Saudi Aramco's unit in $4-B JV
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture (JV) company with a registered capital of 28.80 B yuan ($3.95 B).
Inauguration of new specialty chemicals laboratory in Shanghai
Perstorp and BRB, wholly-owned subsidiaries of PETRONAS Chemicals Group Berhad, has inaugurated a new innovation hub in Shanghai, China. This advanced laboratory will support growth in the region by increasing technical support for customers with a specific focus on the Asian market.
Asahi Kasei, Nobian, Furuya Metal and Mastermelt commence joint project to recycle metals, signaling a milestone towards circularity in the chlor-alkali industry
Japanese technology company Asahi Kasei has started a joint demonstration with Nobian, Furuya Metal and Mastermelt on the recycling of metals, including precious metals, used in the cells and electrodes incorporated in electrolyzers used for the production of caustic soda.
India's Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag
India's capital New Delhi plans to limit gasoline and diesel-powered cars a family can buy as well as ban sales of fuel-guzzling motorbikes and scooters, according to a draft policy aimed at cleaning up one of the world's most polluted cities.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18

