Industry Trends

September 2023

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?

Implications of asteroid mining, Table salt as ingredient for better chemical recycling, Breakthrough in algae-based biofuels, and more. See what industry experts have been discussing in the last four weeks.

Latest Industry Articles

What asteroid mining will mean for resource-rich developing economies
Mining Technology

The extraction of valuable minerals from our solar system is the most hotly contested aspect of the race to exploit space. The post What asteroid mining will mean for resource-rich developing economies appeared first on Mining Technology.
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Research shows table salt could be the secret ingredient for better chemical recycling
chemeurope.com

Muhammad Rabnawaz, an associate professor in Michigan State University’s top-ranked School of Packaging and recent inductee into theNational Academy of Inventors, has always believed that the most brilliant solution is also the simplest. That belief is reflected in his team’s new publication in the …
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EEL Biofuels makes breakthrough in algae-based biofuels
Biofuels Digest

In Hong Kong, EEL Biofuels announced a groundbreaking advancement in renewable energy technology with the development of its revolutionary algae-based biofuels. This cutting-edge technology is poised to revolutionize the energy sector by providing a game-changing alternative to traditional fossil fuels.
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Pixel-by-pixel analysis yields insights into lithium-ion batteries
ScienceDaily

By mining X-ray images, researchers have made significant new discoveries about the reactivity of lithium iron phosphate, a material used in batteries for electric cars and in other rechargeable batteries.
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Global SAF market to reach value of $131.1 billion by 2033, report finds
Biofuels Digest

In Ireland, Research and Markets reported that the global SAF market is forecasted to reach a value of $131.12 billion by 2033, up from $1.29 billion in 2023. “This meteoric rise is fueled by a staggering compound annual growth rate (CAGR) of 58.78%, spotlighting the industry’s dedication to curbing greenhouse gas emissions and combating aviation’s environmental impact on climate change,” the report reads.
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Thin-film batteries rechargable in just one minute
ScienceDaily

Engineers aim to revolutionize rechargeable batteries: Their thin-film batteries are not only safer and longer-lasting than conventional lithium-ion batteries, they are also much more environmentally friendly to manufacture and can be charged in just one minute. For now, the battery is very small, but the founders have big plans for it.
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CU Boulder researchers develop new way to produce low carbon fuels from renewables
Biofuels Digest

In Colorado, University of Colorado Boulder’s Weimer Lab has introduced an efficient and economical method to use renewable energy to produce fuel, opening doors to clean and sustainable energy sources for a wide array of industries, including transportation, steelmaking and ammonia production.
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New coating for coal-fired power generation systems could save 460 million tonnes of CO2 annually
MINING.com

Researchers at the University of Illinois Urbana-Champaign developed a new coating for steam condensers used in fossil fuel steam-cycle generation that could boost the overall process efficiency by 2%. In a paper published in the journal Nature Communications, the scientists explain that if coal and natural gas power generation were 2% more efficient, then, every year, there could be 460 million fewer tonnes of carbon dioxide released and 2 trillion fewer gallons of water used.
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Zinc-copper catalyst proposed for cleaner, more efficient fertilizer production
MINING.com

A hybrid catalyst made of zinc and copper is being proposed for transforming carbon dioxide and waste nitrogen and, thus, denitrifying wastewater from fertilizer production while enabling low-carbon-intensity urea generation. “It’s estimated that synthetic nitrogen fertilizer supports half of the global population,” Ted Sargent, corresponding author of the paper that presents the new solution, said.
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The tricky path to tripling renewable energy capacity
The Jakarta Post

A G20 pledge adds to the momentum on renewables ahead of UN climate talks in Dubai, but the group, which includes major oil and gas producers Saudi Arabia and Russia, failed to agree on phasing out fossil fuels.
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New battery holds promise for green energy
ScienceDaily

A chemist envisions a future where every house is powered by renewable energy stored in batteries. He has created a new battery that could have profound implications for the large-scale energy storage needed by wind and solar farms.
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Indonesia Attracting Strong Interest from Foreign Energy Cos
Rigzone.com

Indonesia is attracting strong interest from foreign companies following the government’s efforts to improve fiscal terms of production sharing contracts (PSC). That’s what analysts at BMI, a Fitch Solutions company, noted in a report sent to Rigzone recently, adding that international and regional companies including Eni, ExxonMobil, and Petronas “are reinforcing their commitments to invest in Indonesia’s upstream sector as the government continues to improve PSC terms to attract investments”.
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US and Vietnam secure mineral and semiconductor deal
Mining Technology

The US has agreed a critical mineral and semiconductor deal with Vietnam as it seeks to diversify supply chains away from China. The post US and Vietnam secure mineral and semiconductor deal appeared first on Mining Technology.
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Philippines, Brazil aim to cooperate to boost sugarcane, ethanol industries
Biofuels Digest

In the Philippines, Manila Times reported that the Philippines and Brazil are eyeing cooperation to boost sugarcane and ethanol production in the Asian country. According to the report, the Department of Agriculture (DA) said that delegates from the Brazilian Cooperation Agency (ABC) and the Embassy of Brazil in Manila met with government officials to discuss a potential partnership between the two countries to boost Philippine sugarcane and ethanol production.
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Thiess secures $155.49m nickel contract from PT Halmahera Sukses Mineral
Mining Technology

Thiess has secured an A$240m ($155.49m) nickel mining contract from PT Halmahera Sukses Mineral in Central Halmahera, Indonesia. The post Thiess secures $155.49m nickel contract from PT Halmahera Sukses Mineral appeared first on Mining Technology.
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First phase of Thai-China railway to be complete in 2027
Global Construction Review – Recent Articles

Progress on the 253km high-speed railway between Bangkok and Nakhon Ratchasima, the first phase of the link between Thailand and China, is expected to be in operation in 2027. The announcement was made by Nirut Maneephan, the governor of the State Railway of Thailand, and reported by the Pattaya Mail, among other outlets. When complete, the Thailand–China high-speed line will run 608km from Bangkok northeast to Nong Khai on the Laos border.
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Shell Starts Production at Malaysia Gas Project
Rigzone.com

Shell PLC has announced the delivery of the first gas from its Timi field platform in Malaysia, designed to produce up to 50,000 barrels of oil equivalent a day. Output is carried through a new 49.7-mile pipeline to the Shell-operated F23 production hub, the British energy giant has said.The Timi gas field platform is designed to produce up to 50,000 boepd.
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Malaysia’s palm oil board, Petronas to study use of palm waste for SAF
Biofuels Digest

In Malaysia, Reuters reported that Malaysia’s palm oil board and state oil company Petronas have signed an agreement with the aim of studying the use of used cooking oil and palm oil waste as sustainable aviation fuel. The two entities signed a memorandum of understanding (MoU) on August 14 to explore the potential of palm-based products and wastes, such as used cooking oil and palm oil mill effluent, as the main raw materials for local bio-refineries to produce SAF.
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Tsingshan starts production at Indonesian nickel facility
Mining Technology

Tsingshan Group has commenced refined nickel production at its plant in Morowali, Indonesia, reported Reuters. The post Tsingshan starts production at Indonesian nickel facility appeared first on Mining Technology.
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EU launches investigation on Indonesian biodiesel exports
Biodiesel Magazine

The European Union on Aug. 17 opened an investigation into whether Indonesia has circumvented EU countervailing duties on imports of biodiesel originating in the country by routing the fuel through China and the U.K.
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Singapore lab makes strides in identifying optimal rice growing conditions with reduced methane
Straits Times

Methane from rice farming alone makes up 1.5 per cent of greenhouse gas emissions.
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