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.

Nickel Industries rockets on back of USD 3.6bn deal linked to SpaceX

Indonesia HPAL nickel project secures major investment and alloy offtake, strengthening battery and advanced materials supply chains.

Scan-Bilt signs civil services agreement with Aster

USD 29m EPC and facilities contract supporting Singapore’s integrated refining and petrochemical complexes.

MOL signs a project finance agreement for the FSRU project

Singapore’s first FSRU advances LNG infrastructure and low-carbon energy transition.

Petrovietnam Gas awards LNG term contract to Shell

Vietnam secures long-term LNG supply to support power generation and gas infrastructure growth.

Braskem Siam, SCGC–Braskem JV, selected by BOI

Thailand’s bio-ethylene project moves forward, supporting sustainable plastics production.

Vestas secures 390 MW offshore order in South Korea

First offshore wind order in Korea reinforces regional renewable energy deployment.

McDermott awarded EPCIC contract

McDermott has secured a major EPCIC contract for a subsea gas development offshore Brunei, covering umbilicals, risers, flowlines and gas export pipelines feeding the LNG sector representing substantial long-term demand for corrosion-resistant stainless steels and CRA materials.

Technip Energies awarded a detailed engineering contract

Technip Energies has been awarded detailed engineering for PTTEP’s Arthit CCS facilities in the Gulf of Thailand, covering new CO₂ processing and injection units with brownfield modifications—critical infrastructure requiring high-grade stainless steel for CO₂ handling and corrosion resistance.

MISC and China Offshore secure AiP from ABS for Ammonia FPSO Concept

MISC and China Offshore have received ABS Approval in Principle for a pioneering Ammonia FPSO concept capable of producing 1 million tonnes per year of liquid ammonia an emerging offshore solution with extensive stainless steel demand for cryogenic storage and process systems.

Vietnam switches on first LNG-fired power plants

Vietnam has inaugurated its first LNG-fired power plants at Nhon Trach, a USD 1.4 billion project delivering 1.6 GW of capacity and marking a major milestone in LNG infrastructure development across Southeast Asia.