Asia/Pacific
VDMA valves association market analysis: Industry standstill looms after a strong 2024
The industrial valves industry performed better than expected in 2024 despite adverse conditions. Overall, nominal sales growth of 6% was achieved. While European business declined by 1%, international sales climbed by 11%.
Australia funds Queensland study to produce aviation fuel from sugarcane waste
The Australian Renewable Energy Agency (ARENA) will provide A$8 MM ($5 MM) to technology firm Licella for a study on a biorefinery in Queensland to produce sustainable aviation fuel (SAF) for the Brisbane Airport.
S. Korea's SK Energy shuts crude unit for 2-week overhaul
South Korea's SK Energy plans to restart the 170,000-bpd crude distillation unit (CDU) at its Ulsan refinery in next two weeks after maintenance work.
LanzaJet, Mitsui & Co. and Cosmo Oil secures government funding for SAF production project in Japan
LanzaJet announced that Cosmo Oil Co. Ltd was selected for a subsidy from Japan’s Ministry of Economy, Trade and Industry to support a SAF project in Japan developed with Mitsui & Co. that will plan to utilize LanzaJet technology.
Pre-FEED results indicate doubling of value for NH3 Clean Energy’s WAH2 project in Australia
NH3 Clean Energy Limited has released a summary of the preliminary front-end engineering and design (pre-FEED) for its flagship WAH2 Project, together with updated project economics that highlight significant improvements over the preliminary feasibility study results.
Russia signs memorandum to build port, oil refinery in Myanmar
Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port and an oil refinery, Russia's Ministry of Economic Development said
Chimbusco delivers largest marine biofuel bunker stem in Hong Kong
Marine fuel supplier Chimbusco Pan Nation said on Friday that it has delivered its largest marine biofuel stem in Hong Kong to date, also marking the biggest volume recorded in a single delivery at Chinese ports.
Russia's Ryazan oil refinery halts operations after drone strike
Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones on Monday.
Japan's Eneos shuts 141,000-bpd Sakai CDU after a fire
Japan's biggest refiner, Eneos Corp., shut down a 141,000- bpd crude distillation unit (CDU) at its Sakai refinery on February 17 after a fire there that day.
Russia's idle oil refining capacity estimated 82% up in February
Russia's offline primary oil refining capacity in February is revised up 82% from the initial plan for this month.
- HIF Global and German eFuel One GmbH sign HoA for e-methanol offtake 2/20
- Venezuela's refineries boost processing to 35% of capacity 2/20
- New Trinidad gas projects could provide necessary feedstock for country's petchem and LNG sectors 2/20
- MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel 2/20
- Mexican authorities shut down 22-m long tunnel used in illegal smuggling of fuel supplies 2/20
- Digital Feature: First-stage ejector nozzle retrofit achieves meaningful performance improvement 2/20
