Asia/Pacific
HP Insight: Technology and market share: Challenges requiring ever-changing solutions
In this issue of HPInsight, workforce, fuel quality and capacity overhang are a few of the challenges that the hydrocarbon processing industry (HPI) must address and resolve. Expansion of the refining..
HP Impact: BP’s energy outlook to 2030
Global energy demand will continue to grow over the next 20 years, albeit at a slowing annual rate, fueled by economic and population growth in non-OECD countries. Increased energy efficiency and stro..
HP Impact: Octagonal opportunity for carbon capture
Filtering CO2 from factory smokestacks is a necessary, but expensive, part of many manufacturing processes. However, a collaborative research team from the National Institute of Standards and Technolo..
HP Construction: Asia Pacific
Total is consolidating its positions in petrochemicals in Asia with a new expansion and upgrading project for the Daesan complex in South Korea, which the group owns with Samsung as part of the Samsun..
Air Products to acquire DuPont stake in US, Taiwan nanomaterials venture
Air Products has agreed to acquire all of DuPont's interest in DuPont Air Products NanoMaterials, the two companies' 50-50 joint venture serving the global semiconductor and wafer polishing industries. The venture state-of-the-art applications and formulation laboratories in the US and Taiwan.
Jacobs wins engineering work for Solvay specialty polymers plant in China
Jacobs Engineering Group was awarded a contract from Solvay for a specialty polymers production plant to be built at Solvay's industrial site in Changshu, located in the province of Jiangsu, China. The plant is scheduled to become operational in the first quarter of 2014 and significantly boost Solvey's capacity.
Momentive to expand silicones production in India
Momentive Performance Materials is expanding its specialty silicones manufacturing facility and application development center in Chennai, India. The expansion is part of Momentive’s long-standing commitment to India and the surrounding regions, the company said. Capacity details were not disclosed.
Mitsui to license polyurethane technology to SABIC
The Saudi Basic Industries Corporation (SABIC) signed a TDI and MDI technology license agreement with Mitsui Chemicals under which Mitsui will provide manufacturing technology for producing TDI and MDI. The firms say they will explore future possibilities to collaborate in the polyurethane (PU) business.
India seeks boost in Saudi Arabia crude oil supply
India has asked Saudi Arabia to augment daily shipments by up to 100,000 bbl each year to meet expanding refining capacities at home, Oil Minister Jaipal Reddy said.
Lower crude exports from Iran could trigger 30% spike in oil prices - IMF
A halt of Iran's oil exports to Organization for Economic Cooperation and Development (OECD) countries could trigger a 20%-30% spike in oil prices, an International Monetary Fund official said. The EU last month said it would ban all purchases of oil from Iran for countries within the union.
- Petrovietnam says supertanker with Iraqi oil arrives at refinery port 6/1
- Russia bans aviation fuel exports until November 30 6/1
- Green Fuels Operating breaks ground on $400-MM refinery in Oklahoma (U.S.) 6/1
- SABIC puts 141 lots of industrial assets up for public auction 6/1
- bp sells 5% stake in Australian Browse LNG project to South Korea's GS Energy 6/1
- U.S. gasoline market set for fresh test after near-record stock draws 6/1
