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.

SAMSUNG E&A wins USD 955M contract in Malaysia

SAMSUNG E&A, a total solutions provider for the global energy industry has secured the contract for a biorefinery that will have the capability to...

Marnavi places order for two chemical tankers in China

Marnavi Group ordered two 13,000 DWT duplex stainless steel tankers in China for USD 60M, boosting its fleet for chemical and food transportation.

Hoa Phat supplies 10,000 tons of steel pipes

Hoa Phat supplied 10,000 tons of steel pipes for Southeast Asia's largest exhibition center in Hanoi, demonstrating its infrastructure expertise.

SK Gas launches LNG, LPG power plant in Ulsan

SK Gas started operations at Ulsan GPS, a 1.2 GW dual-fuel LNG-LPG power plant, ensuring cost-efficient and stable energy production.

Chandra Asri to expand the butene and MTBE plant

Chandra Asri is expanding its Butene-1 and MTBE plants in Indonesia by 25%, strengthening the domestic petrochemical industry.

ACG launches capsule manufacturing facility in Thailand

ACG opened a capsule plant in Thailand to meet Southeast Asia's growing pharmaceutical and nutraceutical market demands.

CARES USD 31M worth of new projects

Cambridge Centre for Advanced Research and Education in Singapore (CARES) is leading two projects worth USD 31M to reduce fossil fuel reliance in the chemical manufacturing industry and energy systems. One project investigates hydrogen and ammonia combustion for power generation and use in the aviation and maritime industries, utilizing a laser diagnostic system to analyze emissions.

Petronas awards four production sharing contracts

Petronas awarded PSCs for nine fields and one exploration block offshore Malaysia. The awards include clusters in Peninsular Malaysia and Sabah, involving Dialog Resources, EPOMS, ConocoPhillips, and Petronas Carigali. The contracts were offered under the Malaysia Bid Round 2024.

PLN IP seeks Japanese partners for hydropower projects

P T PLN Indonesia Power (PLN IP) invited Japanese investors during the Japan RE Invest Indonesia 2024 event to join its decarbonization efforts by investing in hydropower projects, known as the Hydronesia Project, throughout Indonesia. PLN IP plans to add 9 GW of power capacity by 2030, with approximately 6 GW from renewable energy. Three hydropower projects offered under the Hydronesia Project are the Tanjung Sakti hydropower plant in South Sumatra, the Jatiluhur pumped storage plant in West Java, and the Tabang hydropower plant in East Kalimantan, with a combined capacity of 1,045 MW. PLN IP is inviting partners under a proposed ownership scheme of 51% to PLN IP and 49% to the partner, with 70% project financing support.

South Korea to build largest hydrogen fuel cell power plant

South Korea is set to construct its largest hydrogen fuel cell power plant, the Gangdong Hydrogen Fuel Cell Power Plant, in Gyeongju, Gyeongsangbuk-do. With an investment of USD 550M, the plant will have a capacity of 107.9 MW, generating electricity for 270,000 households annually. Construction is slated to begin in March 2025, with the plant expected to be operational by March 2028. The project addresses critical energy deficits in industrial complexes and represents a pivotal move in South Korea’s energy transition.