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Canada pushes CCUS project to build Alberta into target carbon storage center
Time of Update: 2021-09-29
Currently, the Canadian government plans to provide incentives for at least two new large-scale carbon capture projects by 2030, and about 12 oil and gas companies are fighting for the right to store carbon dioxide in underground caves in Alberta .
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BASF and Fuyao jointly promote sustainable innovation applications
Time of Update: 2021-09-29
Fuyao Group President Ye Shu said: "As early as 2001, we cooperated with BASF to provide high-quality glass integrated modules for the automotive industry .
" BASF will provide technical know-how and expertise in material development for this strategic cooperation, while Fuyao Group will provide application support .
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Biofuels, the new blue ocean in the oil and gas industry?——Analysis of international oil companies investing in biofuel projects
Time of Update: 2021-09-29
S. renewable diesel production is expected to increase from approximately 550 million gallons to 2 billion gallons, and the output in 2021 is expected to reach 750 million gallons .
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Chi Mei Industry completed the world's first butadiene carbon-neutral transportation
Time of Update: 2021-09-29
Chi Mei obtained the “Carbon Credit” through participating in the REDD+ International Forest Protection Program (Reducing Emissions from Deforestation and Forest Degradation) supported by the United Nations.
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Thai government strives to keep fertilizer prices stable
Time of Update: 2021-09-29
The Domestic Trade Department has coordinated the Thai Logistics and Cargo Transportation Association to provide preferential prices for the fertilizer transportation of the project in order to save costs and help Farmer institutions provide convenience .
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IHS Markit: Global demand for refined products will peak
Time of Update: 2021-09-29
In addition to biofuels, in 2032, due to the increase in fuel economy and alternative investment due to the increase in government and corporate greenhouse gas emission targets, the demand for refined products from crude oil processing will reach a peak .
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Asia's LNG price hits record high
Time of Update: 2021-09-29
10 per million British thermal units, which was 0.
2 US dollars per million British thermal units higher than the previous week .
In addition, US natural gas futures prices climbed to a seven-year high in September, while European prices also hit a record high .
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Johnson Matthey launches hydrogen technology business
Time of Update: 2021-09-29
Sinochem News recently, Johnson Matthey announced that its green hydrogen and fuel cell businesses will be merged into a new hydrogen technology business . It is understood that the combined new bu
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The global petrochemical market will continue to grow rapidly
Time of Update: 2021-09-29
The growing demand for petrochemical products for various end-uses including packaging, automobiles, textiles, fast-moving consumer goods and construction industries is expected to drive the growth of the petrochemical market in the next five years .
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Nordic gas transmission system operator signs agreement to promote green gas development
Time of Update: 2021-09-29
In addition to using the agreement to encourage the smooth transition of energy and the development of natural gas infrastructure in low-carbon areas, the Nordic gas transmission system operators will also focus on identifying the technical challenges of integrating hydrogen into the natural gas transmission system .
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Shell will build one of Europe's largest biofuel facilities
Time of Update: 2021-09-29
announced a final investment decision to build a biofuel plant with an annual output of 820,000 tons in the Shell Energy and Chemical Park in Rotterdam, the Netherlands.
Porthos' final investment decision is expected to be made next year .
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Iran will increase refining capacity
Time of Update: 2021-09-29
Recently, Iranian Petroleum Minister Javad Owji said that in the next 4 to 5 years, Iran plans to increase its refining capacity by 60 million tons per year .
We will also put this issue on the agenda to increase the current 2% share of Iran’s gas trade .
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Japan's August chemical exports increased by 28.5%
Time of Update: 2021-09-29
According to a report from the ICIS website on September 16, official data released recently showed that Japanese chemical exports in August increased by 28.
4 billion yen, and plastic material exports increased by 27.
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Baling Petrochemical adds 5 overseas resin customers
Time of Update: 2021-09-29
In the first half of the year, a customer from a country along the “One Belt and One Road” was in the process of purchasing resin from Baling Petrochemical and required a butterfly valve with a nominal diameter of 80 mm for resin packaging barrels .
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SGS and China Automobile Research Institute in-depth cooperation on power batteries
Time of Update: 2021-09-29
In the future, China Automobile Research Institute and SGS will work hand in hand to continuously integrate the resource advantages of both parties, pay attention to market demand and technical challenges, and jointly promote the power battery testing industry standards with innovation and professionalism, leading the industry's quality upgrade .
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The recovery of the global chlor-alkali market exceeds expectations
Time of Update: 2021-09-29
IHS Markit predicts that during the forecast period, the domestic demand for chlorine in the United States will grow faster than its by-product caustic soda, which will result in changes in the caustic soda trade balance .
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Electricity drives the growth engine of natural gas in the Middle East
Time of Update: 2021-09-29
Solar power generation in the Middle East will continue to grow, but the base is extremely low, and both renewable energy and natural gas have room for development .
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LANXESS INFAC develops new battery module housing
Time of Update: 2021-09-29
According to reports, the battery module housing adopts Lanxess's Durerton BKV30FN04, which can meet the stringent mechanical and chemical performance requirements of the latest components of electric vehicles .
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EU plans to cut import quotas for Group II base oils
Time of Update: 2021-09-29
Recently, the European Commission stated that it plans to again reduce the import tariff exemptions for Type II base oils to countries that have not signed a free trade agreement with the European Union next year, and reduce the import quotas for Type II base oils in the first half of 2022 .
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EU sets recycling targets for packaging materials in 2030
Time of Update: 2021-09-29
At present, the 27 countries in the European Union lack coordination in the collection and sorting system of waste plastics, and there are large differences in quantity and quality .
