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.

Fugro secures significant gas field development award

Fugro has been awarded its largest geotechnical and geophysical survey project in Asia Pacific to date, supporting a major deepwater gas field development in Southeast Asia. Site characterisation work will begin in Q3 2025 and continue through 2027, with near real-time data delivery to project stakeholders.

Nippon Steel to invest USD 6bn in electric arc furnaces

Nippon Steel is investing USD 6.05 billion to build and upgrade electric arc furnaces at three Japanese facilities to cut carbon emissions, supported by government subsidies. The project is part of Japan’s decarbonisation efforts under the Green Transformation Promotion Act, targeting full operation by FY 2028/2029.

Air Liquide signs a long-term gas supply agreement with VSMC

Air Liquide will invest EUR 70 million to construct an ultra-high purity gas plant in Singapore’s Tampines Wafer Fab Park. The plant, operational in 2026, will supply VSMC and support Singapore’s growing semiconductor manufacturing sector.

Eni starts gas production from Merakes East field

Eni has commenced production at the Merakes East field offshore Indonesia, delivering up to 100 MMSCFD. The subsea tieback to the Jangkrik FPU supports gas supply to the Bontang LNG plant and domestic markets. This follows a two-year fast-track development post-FID.

IDMO smart factory for commercial-scale cell therapy manufacturing in Japan

Cellares and Mitsui Fudosan are constructing Japan’s first IDMO Smart Factory for automated CAR-T cell therapy manufacturing in Kashiwa City. Set to employ 350 people, the high-tech site will enable cost-effective and scalable biologic production across Asia.

SMS group supplies open-die forging press to Jiuli Yongxing in China

Jiuli Yongxing has ordered a 63/71 MN open-die forging press from SMS group for its new Huzhou facility. The advanced press will enhance production of high-alloy stainless steels and nickel-based products for aerospace, energy, and petrochemical sectors.

LG Chem & POSCO Holdings join forces for CCU demonstration project

LG Chem & POSCO - Partnering on a CCU demo project to convert CO₂ into CO and hydrogen for steelmaking, aiming to cut emissions and coal use.

Primetals Technologies to supply thick-slab continuous caster

rimetals Technologies Supplying a thick-slab caster upgrade in China, boosting slab capacity to 1.9M tons/year for high-end applications.

Korea Southern Power & Ulsan City sign agreement

Korea Southern Power Investing USD 450M with Ulsan City to build a 135MW hydrogen power plant by 2031, running on 100% hydrogen.

Japanese, Middle East firms eye USD 6bn energy investment

Japanese & Middle East Firms planning USD 6B investment in Vietnam for a major refinery and hydrogen engine parts plant.