April 2024

WardsAuto

Globally, China leads in battery production by a wide margin, dominating levels produced in the U.S., Europe and East Asia combined.

Global Construction Review – Recent Articles

Ground broke last week on a $580m port project in the Vietnamese province of Quang Tri, English language daily Vietnam News reports. Going up on a 685ha greenfield site in the province’s Southeast Economic Zone, the My Thuy deepwater port aims to be the main trading hub of central Vietnam.

Biofuels Digest

In Thailand, the Bangkok Post reports PTT may invest $84.7 million in a green methanol facility. ThyssenKrupp Uhde conducted the front-end feasibility study for the proposed 100,00 metric tons per year of green methanol from captured carbon dioxide but it could scale up to 2 million tons per year, nearly triple the 700,000 tons of methanol Thailand imports annually.

Global Construction Review – Recent Articles

China’s State Grid Corporation has started a $3.9bn project to boost the ability of its national grid to deal with intermittent generation. It will string a 1,069km ultra-high voltage transmission line from the sparsely populated Shaanxi province in the far northwest to the city of Hefei in Anhui province, about 150km west of Shanghai, Bloomberg reports.

Global Construction Review – Recent Articles

Chinese energy company Huadian has proposed the construction of a $2.4bn green hydrogen plant in central Vietnam, local media report. The state-owned company is looking to carry out the project with Vietnamese conglomerate Minh Quang JSC. The plan is to build a 1.2GW wind farm and an 800MW solar farm to power a hydrogen production facility in the province of Quang Tri. It is expected that the 50ha plant in the Dong Gio Linh industrial cluster would have an annual output of 60,000 tonnes.

Biofuels Digest

In China, butadiene, one of the most important light olefins in the petrochemical industry with a global production capacity of 18 million metric tons per year, is currently produced through the extractive distillation of C4 fractions from naphtha steam cracking processes or dehydrogenation of C4 hydrocarbons, both of which involve extensive energy consumption and significant emission of CO2.

Rigzone.com

‘These Key Terms are an important step towards the Mako development final investment decision planned by midyear 2024’.

Biofuels Digest

In Malaysia, CNA reported that the government of Malaysia said it will closely monitor how the EU responds to a World Trade Organization (WTO) ruling that supported the bloc’s stance that palm oil-based biodiesel should not count as a renewable biofuel, but sought changes in how it implemented that decision.

Rigzone.com

The project will augment the country’s power supply with over 2,500 MW and connect its energy sector with the global natural gas supply chain.

The Irrawaddy Magazine

Schlumberger called on to break ties with Myanma Oil and Gas Enterprise, which channels hundreds of millions of dollars to a military regime that has killed thousands.

Biofuels Digest

In Malaysia, the Borneo Post reports Gamalux expects to produce 100,000 metric tons of sustainable aviation fuel feedstock from palm oil before the end of the year. Last year, the company produced about 80,000 tons of SAF feedstock, with most going to Europe. The company is aiming to be the largest biofuel feedstock producer in the country as it says none of the others having the capacity that it has. It also produces solvents and oleochemicals both in Malaysia and Pakistan.

Biofuels Digest

In Malaysia, Reuters reports palm oil prices are expected to rise over the next few months in part due to increasing demand for biodiesel as well as stagnating production in key countries Indonesia and Malaysia. Palm oil prices have already increased 10% in 2024. Growth in palm oil is expected to be the lowest in the past four years at less than 300,000 metric tons, with Indonesia’s production expected to shrink by 1 million tons.