Neste and Lotte Chemical team up on renewable chemicals and plastics

Neste Corporation, Press Release, 8 April 2024 at 8 a.m. (EET) Neste and South Korean chemical company Lotte Chemical are teaming up to make chemicals and plastics more sustainable. The companies embark on a strategic collaboration to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics. This will enable products…
Read More

TotalEnergies and SINOPEC join forces to produce sustainable jet fuel at a SINOPEC’s refinery

TotalEnergies and China Petroleum and Chemical Corporation (“SINOPEC”) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC’s refinery in China. The planned unit, jointly owned by SINOPEC and TotalEnergies, will have the capacity to produce 230,000 tons of SAF per year, and will process…
Read More

“Strategic rethink” of business models, operational practices needed: Thailand Ministry of Energy

Thailand currently stands as a “beacon of economic dynamism” in Southeast Asia, but rapid technological disruptions and shifting consumer preferences have drawn emphasis to stakeholders on the need to embrace change and proactively shape the refining and petrochemicals landscape, said Dr. Weerawat Chantanakome, Ministry Councillor and Senior Advisor for International Affairs in Thailand’s Ministry of…
Read More

What's New

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 ...
Read More

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 ...
Read More

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 ...
Read More

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 ...
Read More

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 ...
Read More

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 ...
Read More

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 ...
Read More

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 ...
Read More

One of Malaysia’s Largest Refineries Renamed to Melaka Energy Park, Marking 30 Years of Excellence and Global Energy Contributions

Ahmad Adly Alias, Vice President of Refining, Marketing & Trading, Downstream, PETRONAS, and Chairman of MRCSB (center) together with Datuk Sazali Hamazah, Executive Vice President ...
Read More

PTTEP–AIT Collaborate on Petroleum Exploration Research and Professional Development, Leading to Advance CCS Technology

Mr. Rangsan Bhengbhun (3rd from right), Executive Vice President for Geosciences, Subsurface, and Exploration Group, PTT Exploration and Production Public Company Limited (PTTEP), and Professor Kazuo ...
Read More

Get the latest industry insights, trends & development