Singapore China s dependence on LPG imports fell to around 30% of total consumption in 2020 from 32% in both 2019 and 2018, but its increasing domestic LPG production is being largely absorbed by households, refineries and inland petrochemical plants, while propane dehydrogenation units and coastal petrochemical plants continue to rely on imports, especially from the US.
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The peak was in 2017 when imports met around 33% of China s LPG demand, according to S&P Global Platts calculations based on General Administration of Customs and the National Bureau of Statistics data.
Domestic LPG production rose 8% year on year to 44.48 million mt in 2020, which accounted for 70% of total apparent demand, GAC data showed.
Posted : 2021-04-05 14:52
Updated : 2021-04-05 14:52
A worker is seen in front of production line for anodes in POSCO Chemical s factory in Sejong. Courtesy of POSCO Chemical
POSCO Chemical Co., an affiliate of South Korea s steel giant POSCO Group, said Monday it will provide a key material for Ultium Cells rechargeable batteries for electric vehicles (EVs).
POSCO Chemical said it will supply anodes, one part of lithium-ion batteries used in EVs, to Ultium Cells, a battery joint venture of South Korean battery maker LG Energy Solution Ltd. and American automaker General Motors Co.
Anode is a key material in a battery that preserves lithium coming from the cathode and generates electricity while releasing lithium.
China’s Mega-Refineries Throttling Other Asia Oil Processors
Sun Online Desk
SK Innovation’s oil refinery facilities in Ulsan, South Korea. Photographer: SeongJoon Cho/Bloomberg
The rise of China’s mega-refineries was always going to make life tougher for their competitors across Asia. But the fallout from Covid-19 is hastening the impact and accelerating consolidation across the region.
A frenzy of refinery building in China is set to make the nation the world’s largest crude processor this year. At the same time, a drive to de-carbonize Asia’s biggest economy means demand for fuels like diesel and gasoline will decline, potentially leading to more exports from the new facilities.
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Hydrite® to Sponsor and Exhibit at CheeseExpo Global Online
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BROOKFIELD, Wisc., March 17, 2021 /PRNewswire/ Hydrite® Chemical Co., an integrated manufacturer and supplier of chemicals and related services, is pleased to announce that it will be exhibiting at and sponsoring at the silver level at the
Cheese Expo Global Online virtual trade show April 6 - 8, 2021.
Hydrite Chemical Co. provides creative solutions to address food safety, operational and equipment efficiency. Hydrite s group of professionals called the RITE Team™ offers technical support and innovative solutions that help address critical issues in the Food industry. Hydrite will be presenting during the Ideas Showcase Leveraging Technology into Creative Solutions on April 7 at 1pm CDT.