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.

    Vingroup plans renewables and LNG power ventures

    Stainless Steel World Publisher -
    Vingroup seeks approval for renewable energy and LNG power plants in Vietnam, with major projects planned by 2030.

    HD Hyundai Heavy Industries pioneers 3D printing for ship MRO

    Stainless Steel World Publisher -
    HD Hyundai unveils world-first 3D printing for ship maintenance, improving onboard repair efficiency.

    Launching NEA cooperation with the Philippines

    Stainless Steel World Publisher -
    NEA strengthens nuclear energy cooperation with the Philippines, discussing SMRs and energy security.

    Indonesia plans to build a new 532 kb/d oil refinery

    Stainless Steel World Publisher -
    Indonesia announced a USD 12.5 billion investment in a new 531,500 bbl/d refinery to enhance domestic oil processing capacity, marking its first new refinery since 1994.

    Sapura Energy secures USD 716.7M of drilling contracts

    Stainless Steel World Publisher -
    Sapura Energy secured contracts with PTTEP, Chevron, ExxonMobil, and EnQuest, boosting its order book to USD 1.95 billion and ensuring long-term offshore drilling operations in Asia.

    Thai Tank Terminal and PTT Global Chemical sign agreement

    Stainless Steel World Publisher -
    Vopak will invest EUR 130 million to build a 160,000-cubic-meter tank in Map Ta Phut, Thailand, to import U.S. ethane. The project, expected to complete by 2029, aims to strengthen Thailand’s petrochemical feedstock security.

    Wuxi Huaguang signs deal with Press Metal

    Stainless Steel World Publisher -
    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

    Stainless Steel World Publisher -
    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

    Stainless Steel World Publisher -
    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

    Stainless Steel World Publisher -
    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.
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