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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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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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Honeywell and United Airlines invest in negative carbon fuels
Time of Update: 2021-09-29
Throughout the fuel life cycle, Alder's technology combined with Honeywell's Ecofining TM process can produce carbon-negative fuels with performance comparable to current aviation fuel standards, achieving the goal of completely replacing petroleum aviation fuels .
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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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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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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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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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Malaysia's natural rubber production increases
Time of Update: 2021-09-29
Sinochem News reported on September 14, the Malaysian Bureau of Statistics released a report stating that the country's total output of monitored natural rubber in July was 47,473 tons, a year-on-year increase of 13.
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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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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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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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India will increase LNG import capacity
Time of Update: 2021-09-29
cn recently reported that India will build a new floating import terminal in Gujarat to increase its liquefied natural gas (LNG) import capacity by 12% .
7 million tons of LNG last year, an increase of 14% from 2019 .
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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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Fuel oil and LPG prices may rise this winter
Time of Update: 2021-09-29
Sinochem News recently, Goldman Sachs said that in winter, oil is expected to replace natural gas for heating and power generation, so petroleum products such as fuel oil and liquefied petroleum gas
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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 .
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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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Shipbuilding Group delivers MODEC floating production storage and offloading tanker
Time of Update: 2021-09-29
(Photo provided by the enterprise) Recently, China Shipbuilding and Shipbuilding Corporation held a delivery ceremony for the Guanabara MV31 floating production, storage and unloading vessel modified by Singapore MODEC .
The Guanabara MV31 floating production, storage and offloading oil tanker project is one of the largest FPSO projects currently being implemented in the world.
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Brazil launches $1 billion LNG power generation project
Time of Update: 2021-09-29
The joint venture will generate 6 million LNG power plants.
681 gigawatts of production capacity, making it the largest liquefaction in Latin America Natural gas power generation project .
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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 .