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Asia/Pacific

Solvay to supply technology license for hydrogen peroxide mega-plant in China

Solvay has signed a license agreement with Guangxi Chlor-Alkali Chemical which will enable the Chinese partner to build and operate a hydrogen peroxide mega-plant at Qinzhou designed to support its 300 kilotons propylene oxide production and other units on site.

Global refinery margins lose steam as Russian oil finds new outlets

Global diesel margins have slumped by about half since February, dragging on refiners' profits, as Russian exports continue despite sanctions, helping output from China and India reach all-time highs in March.

Countdown to 26th World Energy Congress begins with release of Global Energy Leaders Survey

The countdown to the 26th World Energy Congress, to be held in Rotterdam from 22-25 April 2024, has begun as the World Energy Council launches event registration and simultaneously releases the results of its latest Pulse Survey.

Asia petchem producers plan to switch to LPG after price slump

Several Asian petrochemical producers plan to switch a portion of their feedstock from naphtha to cheaper liquefied petroleum gas late in the second quarter as the price gap between the two fuels has widened.

China's low-sulfur marine fuel exports up 38% in March; fuel oil imports hit decade-high

China's exports of low-sulfur marine fuels rose 38% in March from the previous year, while monthly fuel oil imports soared to a decade-high.

China's big refineries crowd out teapots for discounted Russian oil

Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as Iranian oil.

MECS awarded spent acid regeneration plant at Sinopec Zhenhai

Sinopec Zhenhai Refining and Chemical Co., Ltd has contracted with MECS, Inc. and MECS Chemical Plants Equipment Co., LTD. for the license, design, engineering, and equipment for a spent sulfuric acid regeneration plant.

Maire Tecnimont Group awarded new technology and high-value engineering contracts for approximately $90 MM

Maire Tecnimont S.p.A. announces that some of its Sustainable Technology Solutions subsidiaries have been awarded several new contracts for technology licensing and engineering services for an overall value of approximately $90 MM.

Stamicarbon signed to license its largest Ultra-Low Energy urea plant

Stamicarbon has signed a contract covering PDP, licensing and equipment supply for an Ultra-Low Energy grassroots urea plant in Jiangxi province, China.

China's March diesel, jet fuel exports surge; gasoline down 34%

China's diesel exports shipments surged to 1.44 million tons, up 113.8% in March, from 0.67 million tons a year ago, data from the General Administration of Customs showed.