Asia News

News and press releases from Asia to bring our community the latest developments in the stainless steel industry. Here you can find news involving the people and companies involved in the manufacturer, supply and use of corrosion resistant alloys (CRAs). Topics such as tubes & pipes, cladding, offshore, chemical process industry, welding & fabrication, 13Cr stainless steels, titanium, nickel alloys, pulp & paper and duplex stainless steels are covered as well as interviews with materials specialists, manufacturer and end users alike.

Wuxi Huaguang signs deal with Press Metal

Wuxi Huaguang signs deal with Press Metal

Wuxi Huaguang will supply four CFB boilers to Malaysia’s Press Metal for an alumina refinery in Indonesia. The USD 138.2 million project supports plans to potentially double the refinery’s capacity.
CNOOC Limited achieves breakthrough in the exploration of Buried Hills

CNOOC Limited achieves breakthrough in the exploration of Buried Hills

CNOOC discovered oil and gas in the Beibu Gulf, with the Weizhou 10-5 well yielding 13.2 million cubic feet of gas and 800 barrels of oil daily, expanding China’s offshore energy resources.

SHI launches hull for giant FLNG unit, third in Petronas’ fleet

Samsung Heavy Industries launched the hull for Petronas’ third FLNG unit, PFLNG Tiga. Scheduled to operate in 2027, it will produce 2.1 million tonnes of LNG annually off the coast of Sabah, Malaysia.
PETRONAS concludes Malaysia bid round 2024

PETRONAS concludes Malaysia bid round 2024

PETRONAS has signed two new PSCs off Sabah and launched MBR 2025. This includes 14 new contracts under MBR 2024, with major oil players like BP and TotalEnergies exploring frontier basins to expand Malaysia’s energy resources.
Indonesia to Build Three Solar Power Plants

Indonesia to build three solar power plants

Indonesia is building three solar plants in East Java, West Java, and West Sumatra, with a total 220 MWp capacity. This aligns with the government's effort to transition from fossil fuels to renewable energy sources.
Philippines inviting bids for the Boracay Bridge Project

Philippines inviting bids for the Boracay Bridge Project

The Philippines has started the bidding process for a 2.54 km bridge connecting Boracay Island to the mainland, aimed at improving transport and emergency response while protecting the island’s environment.
EGCO Group unveils 2025 business plan

EGCO Group unveils 2025 business plan

EGCO Group plans to invest THB 30B in 2025 to expand its power generation portfolio, focusing on renewable and natural gas plants, with a particular emphasis on the U.S. market.
Hilong Offshore Engineering secures a contract with Eni Group

Hilong Offshore Engineering secures a contract with Eni Group

Hilong Offshore Engineering has secured a RMB 400M contract for Eni’s Congo LNG project. This forms part of a broader RMB 2.6B in offshore projects across regions like Thailand and Brunei.
Yuchai enters into a strategic agreement in Vietnam

Yuchai enters into a strategic agreement in Vietnam

China’s Yuchai has signed a 15-year engine licensing deal worth $28M with Vietnam’s Kim Long Motor to produce commercial vehicle engines for the local market and ASEAN.
Sipitang oil and gas industrial park to launch next month

Sipitang Oil and Gas Industrial Park to Launch Next Month

The anticipated development of the Sipitang Oil and Gas Industrial Park (SOGIP) is set to be officially launched. Key developments at SOGIP include LNG import infrastructure, a gas power plant, and energy commodities storage facilities, with the project projected to generate 1,600 jobs.