Aramco to Acquire 50% Stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ). The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen…
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SK Innovation and SK E&S Announce Merger, Forming Asia-Pacific’s Largest Private Energy Company With Assets of KRW 100 Trillion
■ To achieve EBITDA of KRW 20 trillion by 2030 through three major synergies: portfolio, financial/profit Structure, and growth momentum ① Portfolio competitiveness: to establish portfolio competitiveness across all businesses, including current and future energy sectors ② Strengthening financial/profit structure: to secure stable profit generation capabilities in addition to external growth in assets and sales…
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Indorama Ventures Secures $200 Million Loan From IFC to Drive Sustainability Program
Bangkok – 1 July 2024 – Indorama Ventures, a global sustainable chemical producer, today announced it secured a new 7-year loan totaling $200 million from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programs in India, Thailand and Indonesia, and promote a circular economy as the world’s leading…
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GC CEO Narongsak Jivakanun Reveals Vision to Continue 3 Steps Plus Strategy and Drive Map Ta Phut to Become Southeast Asia Hub
Bangkok, June 18, 2024 – Mr. Narongsak Jivakanun, Chief Executive Officer; and Mr. Toasaporn Boonyapipat, President, PTT Global Chemical Public Company Limited (GC), who have been appointed in May 2024, have shared their vision to continue the successful 3 Steps Plus strategy for the company’s sustainable growth. GC’s strategy focuses on maintaining its strong fundamentals, strengthening…
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What's New
Aramco to Acquire 50% Stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company
At the signing ceremony are APQ CEO Ebubekir Koyuncu, sitting left, and Aramco Acting Senior Vice President of New Business Development Mohanad M. Alamdar, sitting ...
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SK Innovation and SK E&S Announce Merger, Forming Asia-Pacific’s Largest Private Energy Company With Assets of KRW 100 Trillion
■ To achieve EBITDA of KRW 20 trillion by 2030 through three major synergies: portfolio, financial/profit Structure, and growth momentum ① Portfolio competitiveness: to establish ...
Read More 
Indorama Ventures Secures $200 Million Loan From IFC to Drive Sustainability Program
Photo credits: Kaohoon International Bangkok - 1 July 2024 - Indorama Ventures, a global sustainable chemical producer, today announced it secured a new 7-year loan totaling ...
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Aramco’s Strategic Gas Expansion Progresses With $25bn Contract Awards
Aramco signing ceremony for Master Gas System III contracts in Dhahran, Saudi Arabia, on June 30. Phase two of ambitious Jafurah gas development commences with ...
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GC CEO Narongsak Jivakanun Reveals Vision to Continue 3 Steps Plus Strategy and Drive Map Ta Phut to Become Southeast Asia Hub
Bangkok, June 18, 2024 – Mr. Narongsak Jivakanun, Chief Executive Officer; and Mr. Toasaporn Boonyapipat, President, PTT Global Chemical Public Company Limited (GC), who have been ...
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PETRONAS CCS Ventures and DNV Sign Master Price Agreement to Certify CO2 Storage Sites for CCS Projects in Malaysia
Left to right: Datuk Adif Zulkifli, Executive Vice President & CEO, Upstream, PETRONAS; Nora'in Md Salleh, General Manager, Carbon Capture and Storage, Upstream PETRONAS; Emry ...
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Whitepaper: Best ProcessBook and PI Vision Alternatives
In partnership with dataPARC: Discover Top Alternatives to PI's Data Analytics Toolkits Now that PI ProcessBook is headed toward extinction, many process manufacturers are faced ...
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Lummus and Sumitomo Chemical Announce Collaboration Agreements for Circular and Polyolefins Technologies. Agreements strengthen position in circular economy and expand offering in polyolefins
Houston, May 21, 2024/Tokyo, May 22,2024- Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Sumitomo Chemical announced two collaboration agreements ...
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Petron Opens 2024 with Double-digit Sales Volume and Revenue Growth
KUALA LUMPUR – Petron Malaysia Refining & Marketing Bhd (PMRMB) opened 2024 on a positive note with double-digit growth in its sales volume, bolstered by the ...
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Indorama Corporation Plans to Open a Representative Office in Kazakhstan
On August 31, 2022, with the support of KAZAKH INVEST, a Singaporean company Indorama Corporation visited Kazakhstan. Indorama Corporation is one of the leading chemical ...
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