Asia/Pacific
India's HPL to start maintenance turnaround at Haldia petrochemical complex in mid-April
HPL has a 700,000-metric ttpy ethylene plant, 491,000 tpy of chemical processing capacity and about 1 MMtpy polymer processing capacity at its manufacturing facility in Haldia in the eastern state of West Bengal.
Towngas to supply green methanol to Golden Island for Singapore bunkering operations
The Hong Kong and China Gas Co. Ltd. (Towngas), a leading provider of ISCC-certified green methanol, has announced that Singapore-based bunker supplier Golden Island Pte. Ltd. will be procuring Towngas’s green methanol for its bunkering operations in Singapore, marking a significant expansion of Towngas’s green methanol supply network across Asia.
India not to raise petrol, diesel retail prices despite tax hike
India on Monday raised excise duty on petrol and diesel without passing on higher costs to consumers, a move that would boost the government's tax collection amid falling global oil prices.
China teapot oil refiners improve run rates but demand woes, sanctions weigh
Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over tepid domestic fuel demand and supply risks from U.S. sanctions and tariffs.
Update: India's fuel demand hits 10-month high in March
India's fuel demand in March hit a 10-month high, rising 9.3% from the previous month to 20.91 MM tonnes (t).
China's Wanhua Chemical starts operation at new east China cracker
China's Wanhua Chemical Group has successfully started up its 1.2-MMtpy mixed-feed cracker in east China's Shandong province and achieved on-spec production of ethylene.
Japan to curb gasoline prices from June to cushion U.S. tariff blow
Japan's ruling coalition agreed to curb gasoline prices to help cushion households against wider economic pain stemming from U.S. tariffs
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.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
