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.

    CAPITAL expands fleet with two LNG-ready tankers

    Stainless Steel World Publisher -
    Capital Ship Management has expanded its fleet with two LNG-ready crude oil/product carriers built by New Times Shipbuilding in China. The vessels are IMO EEDI Phase III compliant and feature advanced energy efficiency systems.

    SteelAsia awards EPCM contract to MCC Huatian

    Stainless Steel World Publisher -
    SteelAsia’s USD 512M facility in the Philippines will produce heavy structural steel, reducing imports and creating 7,000 jobs by 2027.

    ADB to fund Indonesia USD 92.6M for geothermal expansion

    Stainless Steel World Publisher -
    ADB is providing USD 92.6M to expand Indonesia’s geothermal power with a new 83MW plant in West Sumatra, boosting energy security and reducing emissions.

    A long-term view on Petronas Gas, Dialog Joint ASU Project

    Stainless Steel World Publisher -
    The LNG-based air separation unit in Johor will start in 2026, reducing carbon emissions and ensuring a stable 25-year revenue stream.

    Eni-Petronas-Euglena JV taps Maire hydrogen technology

    Stainless Steel World Publisher -
    The JV awarded Maire SPA a USD 125M contract for a hydrogen production unit at its Johor biorefinery, supporting low-carbon fuel production.

    Hubei Jinyu New Energy Shipbuilding signs a major contract

    Stainless Steel World Publisher -
    A new industrial park will focus on smart and new energy shipbuilding, creating 30,000 jobs and generating RMB 1bn in tax revenue.

    Jiangxi New JiangZhou Shipbuilding’s first order of 2025

    Stainless Steel World Publisher -
    The shipbuilder secured a contract with Dutch firm MERCURIUS for two 135-meter stainless steel chemical tankers, strengthening its global reputation.

    Saavedra’s CREC secures USD 115M investment

    Stainless Steel World Publisher -
    Pertamina NRE acquires a 20% stake in CREC to expand renewable energy in Southeast Asia, supporting CREC’s "5GW in 5 years" roadmap.

    Petronas approves Hidayah Field Project offshore Indonesia

    Stainless Steel World Publisher -
    Petronas greenlights the Hidayah field project in East Java, featuring unmanned platforms and advanced offshore facilities.

    Emirati company wins USD 1bn EPC contract in Taiwan

    Stainless Steel World Publisher -
    NMDC Energy secures a USD 1.136bn contract for subsea gas pipelines and onshore works in Taiwan’s Tung-Hsiao Power Plant renewal.
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