Industry Trends

January 2021

See what has been happening in Asia’s petrochemicals, agrochemicals, automotive, bio energy, and mining industries over the last weeks. What are experts and industry magazines talking about?

What has been happening?

Cobalt-based cathodes in li-ion batteries, Oil Market Predictions for 2021, Energy and mining investments in Indonesia and more. See what journals and industry experts have been discussing in the last four weeks.

Latest Industry Articles

Alternative to cobalt-based cathodes in li-ion batteries
Electronics Weekly

Oak Ridge National Laboratory researchers have developed a potential replacement for cobalt-based cathodes in li-ion batteries called NFA (nickel-, iron- and aluminium) – a derivative of lithium nickelate.
What Looms for Oil and Gas in 2021?
Rigzone.com

Check out what five informed market-watchers predict will be the top oil and gas industry trends in 2021.
Oil Market Predictions for 2021
Rigzone.com

Wood Mackenzie expects coronavirus related shutdowns to start easing in the first quarter of next year and that the company is forecasting a world oil demand increase of 6.6 million barrels per day, year on year, in 2021.
LANXESS receives keys to new APAC Application Development Center

Shanghai Daily

Specialty chemicals company LANXESS achieved another milestone in the construction of its new Asia Pacific Application Development Center (AADC) as the building was handed over to the company on December 15.

Suez finalises acquisition of Lanxess’s membrane business

Filtration + Separation

Suez has completed the purchase of the reverse osmosis (RO) membrane product line from specialty chemical company Lanxess.

Solvay decarbonizes cyclopentanone unit with biomethane

BiofuelsDigest

Solvay has begun a process of decarbonizing the cyclopentanone unit of its Melle plant in France. Through an agreement with an agricultural cooperative for the next fifteen years, the entire cyclopentanone production already relies solely on biomethane gas, a green source of energy.

Flexible Manufacturing Inspired By Yatai, The Ever-Nimble Japanese Food Stall

Forbes

In Japan, mobile street food stands are the epitome of highly agile and customized production, making them an unlikely but apt model for manufacturers facing fast-changing markets.

Cambodia starts first crude oil production
Bangkok Post

Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore’s KrisEnergy Ltd and the government, both parties said on Tuesday, bringing an end to years of delays.
Platts sees China and Philippines increasing ethanol imports in 2021
BiofuelsDigest

Platts reports that it expects China and the Philippines to be key drivers for increased ethanol demand in the global market next year. Impacts from COVID-19 have forced the Philippines to reduce its requirement for domestic ethanol blending and in turn boost imports to cover its ethanol blending mandate.
Indonesian palm oil industry wants government to rethink new levies if prices keep rising
BiofuelsDigest

Reuters reports the palm oil association plans to ask the government to review its new export levy policy if prices continue along their meteoric rise. With palm oil prices trading around $950.81 per metric ton, near 10-year highs, the feedstock makes biodiesel blending increase unviable in both Indonesia and Malaysia where governments planned to absorb palm oil stocks with higher blending mandates.
Energy and mining investments in Indonesia fall to 5-year record low in 2020
The Jakarta Post

Companies delayed or even pulled out of several multimillion dollar projects last year, including projects to develop metal smelters, oil and gas fields, power plants and oil refineries.
Nationwide implementation of B20 biodiesel delayed by six months, full rollout now expected in early 2022
Paul Tan’s Automotive News

The government is delaying its B20 biodiesel mandate by six months, with the fuel now expected to roll out nationwide in early 2022.
Malaysia's palm oil exports in 2020 to surpass RM70bil target
New Straits Times

Malaysia’s palm oil and palm products exports are expected to surpass the RM70 billion target in 2020, Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali said.
PTTEP approved to build gas-to-power plant in Myanmar
Consult-Myanmar

Myanmar has approved the development of an Integrated Domestic Gas to Power Project involving US$2 billion in investments in Kyaiklat, Ayeyarwady Region. The Ministry of Electricity and Energy granted a Notice to Proceed to Thai national oil company PTTEP for the 592-megawatt project, which will be carried out under a 20-year Build, Operate and Transfer basis.
Philippines' Duterte stops mining on 'devastated' southern island
The Straits Times

Philippine President Rodrigo Duterte has ordered a halt to all mining on an island in a southern province that is home to some of the country’s nickel projects
Philippines urged to explore coconut oil as therapeutic for Covid-19
New Straits Times

THE Philippines should not limit itself to vaccines in fighting the pandemic, but also tap the locally-available virgin coconut oil (VCO) as an effective therapy against Covid-19, an advocate of the substance said.
Construction of expanded Hoa Binh hydropower plant kicks off
Nhan Dan (People) Newspaper

Construction of the expanded Hoa Binh hydropower plant began in the northern mountainous province of Hoa Binh on January 10, with Prime Minister Nguyen Xuan Phuc attending the ground-breaking ceremony.
Vietnam pins hopes on Japan to face down Beijing in South China Sea oil hunt
South China Morning Post

When the Japanese energy firm Inpex in November settled a four-year legal battle against a Singaporean firm to retain its oil and gas concession with Vietnam in the South China Sea, it won the rights to drill in some of the world’s most fraught offsho.

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