Asia/Pacific
Solvay and Huatai expand hydrogen peroxide capacity in China to meet growing photovoltaic demand
Solvay is further extending its leadership position in the global hydrogen peroxide market by expanding the capacity of its Shandong Huatai Interox Chemical site in China.
Proactive Decision-Making for Emissions Management: The Roadmap to Net Zero
Industry leaders have committed to achieving net-zero carbon emissions by 2050.
India defers $602-MM plan to fill parts of strategic petroleum reserve
India has deferred a $601.78 MM plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets.
China's 2023 low-sulfur marine fuel exports up 3% from 2022
China's exports of low-sulfur marine fuels last year rose 3.2% from 2022.
Saudi's SABIC gives go-ahead for $6.4-B China petrochemical plant
Saudi Basic Industries Corp will go ahead with building a petrochemical complex in southeastern China's Fujian province, shoring up Saudi ties with China, the world's top oil importer.
Riding the wave of transition to a sustainable chemical industry
The chemical industry has shown resilience in addressing economic turbulence and supply chain disruptions after the COVID 19 pandemic.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking nearly 1,100 active projects in the hydrocarbon processing industry (HPI).
West Africa Crude-India's purchases of Nigerian crude jump in December
Data showed that India's imports of Nigerian crude jumped from November to December 2023, as the South Asian country took advantage of Nigeria's large overhang of cargoes.
Naphtha markets brace for margin squeeze amid supply glut in 2024
Global naphtha markets will likely suffer from lower profit margins in 2024 as refining and petrochemical capacity expansions in China and the Middle East outpace plastics demand growth globally.
Singapore's middle distillates stocks at over a year low on robust gasoil net exports
Singapore's middle distillates stocks dipped for the third consecutive week to hit a more-than-one-year low, of under 7 million barrels, due to robust net exports of gasoil/diesel.
- Dow to close three European chemical plants, cut 800 jobs 7/10
- Indian Oil to upgrade Panipat refinery's diesel unit for green jet fuel production 7/10
- Nayara to use Univation Technologies' PE process for world-scale plant in India 7/10
- Gunvor plans to halt oil terminal activities at Europoort refinery 7/10
- EU to set up Critical Chemical Alliance to secure supply chains 7/10
- Greenergy proposes to close Immingham biodiesel plant in the UK 7/10
