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Asia/Pacific

BASF expands its biomass balance portfolio for selected chemical intermediates

BASF will expand its biomass balance offering to include BMBCertTM 1,4-butanediol (BDO), tetra-hydrofuran (THF), polytetra¬hydrofuran (PolyTHF®) and 3-(di¬methyl¬amino)pro¬pyl¬amine (DMAPA).

Plug signs contract with Allied Green Ammonia to supply H2 for planned ammonia facility in Australia

Plug Power Inc., a global leader in comprehensive hydrogen solutions for the green hydrogen (H2) economy, has signed a basic engineering and design package (BEDP) with Allied Green Ammonia (AGA), an Australian company focused on green ammonia production, for a three-gigawatt (GW) electrolyzer plant supplying H2 to AGA’s planned ammonia facility proposed for the Northern Territory of Australia.

HSBC to arrange funds for $1.49-B expansion project at Vietnam's Binh Son refinery

Binh Son Refining and Petrochemical has chosen HSBC Bank as the export credit agency for a project to expand its Dung Quat refinery.

Singapore middle distillate stocks tumble to nearly three-month low

Singapore's middle distillates stocks slid to a nearly three-month low this week, falling below 11 MMbbl for the first time in a month as gains in jet fuel/kerosene net exports offset declines in diesel/gasoil net exports.

China's CNCEC to build 300,000-bpd Al-Faw refinery in Iraq

China's National Chemical Engineering Company (CNCEC) has inked a deal with the Southern Refineries Company to build a 300,000-bpd refinery in Al-Faw, Iraq.

Itochu to buy green ammonia from HIVE's $5.9-B Coega facility

A division of Hive Energy Ltd. announced that a consortium led by Japanese trading giant Itochu Corp. is on the verge of finalizing an agreement to purchase environmentally friendly ammonia from a project located in South Africa.

Govt.-backed Chinese refiner seeks oil import quota after restructuring

Jincheng Petrochemical, a newly restructured independent refiner controlled by the Liaoning provincial government in northeastern China, is seeking crude oil import quotas for its three plants.

HIF Global secures nearly $165-MM in investments to develop eFuels

HIF Global announced a combined investment from existing shareholders and the Japanese energy company Idemitsu Kosan, securing $164 MM to fund its eFuels projects.

Ethylene downcycle puts nearly 25% of capacity at risk of closure

A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie.

ADNOC delivers first bulk shipment of CCS-enabled, low-carbon ammonia to Japan

ADNOC has delivered the world’s first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage to Mitsui & Co., Ltd. for use in clean-power generation in Japan.