Asia
JSW inks pact for large-scale green methanol project
JSW Steel Ltd, Bharat Technology and Impact Accelerator (Bharatia), and Carbon Iceland International, have signed a strategic Memorandum of Understanding...
EuroChem opens mega 800,000 tons sulfuric acid facility in Kazakhstan
EuroChem has introduced one of the largest sulfuric acid manufacturing plants in Kazakhstan, signifying a huge milestone in its $1...
Mitsubishi Chemical Group moves towards major petrochemicals spin-off plan
Mitsubishi Chemical Group Corporation has declared that it's starting formal consideration of a main restructuring that could reshape one of...
Japan’s Ethylene Industry Faces Record Low Operating Rate Amid Supply Concerns
Amid global supply chain challenge, Japan's petrochemical industry is managing reduced plant operations with expanding manufacturing from restarted facilities. Tokyo,...
India’s specialty chemicals sector eyes global edge amid supply chain shocks: Chemicals Secretary Tejveer Singh
India’s specialty chemical industry --within the fastest-developing segments -- is strengthening its worldwide foothold as policymakers and industry leaders demand...
ADNOC to expand crude storage footprint in India; inks LPG supply deal with IOC
UAE government-owned Abu Dhabi National Oil Company (ADNOC) is ready to strengthen its role in India’s energy sector, with signing...
Middle East crisis reveals vulnerabilities in Japan’s petrochemical industry
The active war in the Middle East has significantly impacted the petrochemical industries in Southeast Asia, which depends on naphtha...
BASF licenses Sumitomo HCl oxidation technology for global isocyanates network
Germany-based chemical major BASF has signed a global licence agreement with Japan-based Sumitomo Chemical - via its license companion Technip...
TA’ZIZ bad $2-billion oversubscribed financing to build UAE’s first world-scale methanol plant
TA’ZIZ Methanol Company, a joint project among TA’ZIZ and Proman, has reached financial close on a $2-billion (AED 7.34-billion) financing...
Mitsubishi Chemical to Exit Biodegradable Plastics Business in Thailand
The company stated it determined that long-term sustainable growth of polybutylene succinate manufacturing would be hard under present market situations....