Stainless Steel World Asia 2022


This section provides the latest news updates on a variety of world-wide tenders, projects, expansions contracts and acquisitions for stainless steel and related products. If you are interested in receiving regular updates with the latest tenders please check out

SABIC gives go-ahead for China petrochemical plant

Saudi Basic Industries Corp (SABIC) will go ahead with building a petrochemical complex in southeastern China's Fujian province, the company said, shoring up Saudi ties with China, the world's top oil importer.

LG Chem, Enilive sign JV agreement

LG Chem and Enilive, a 100% subsidiary of Eni, have signed a joint venture (JV) agreement to advance the development of their new biorefinery project in South Korea.

BASF and Heraeus’s JV commence operations

BASF Environmental Catalyst and Metal Solutions (ECMS) and Heraeus Precious Metals have commenced operations of a new joint venture facility, BASF HERAEUS Metal Resource Co., Ltd, (BHMR) located in Pinghu, China.

Indian Steel Ministry explores Japanese collaboration

According to an internal note from the steel ministry, India's steel industry is eyeing collaboration with Japan to tackle carbon emissions in steel-making. The ministry is considering mechanisms for implementing specific technologies with project funding from Japanese institutions.

Sumitomo Chemical builds new CO2 to methanol plant

Sumitomo Chemical, based in Tokyo, Japan, has successfully finalized the construction of a pilot facility designed to establish a highly efficient process for producing methanol from carbon dioxide (CO2).

BHEL felicitate Jindal for developing industrial plates

Jindal Stainless was felicitated by Bharat Heavy Electricals Limited (BHEL), at Bharat Mandapam, Pragati Maidan, New Delhi, during BHEL SAMVAAD 3.0. The felicitation was received for developing C276 cladded plates, used in thermal power plants, and alloy steel plates SA387 GR 91 (9 Cr 1 Mo), for application in supercritical boilers.

POSCO YAMATO VINA secures EPD certification from UL

POSCO YAMATO VINA, the solitary H-beam manufacturer in Vietnam under the stewardship of CEO Lee Young-woo, has blazed a trail in the country’s steel sector by obtaining the Environmental Product Declaration (EPD) ...

Huayou, Vale commit to Indonesian Huali MHP project

Huayou Cobalt has signed a definitive agreement with Vale Indonesia (PTVI) to develop a production plant for mixed hydroxide precipitate (MHP) in Indonesia's south Sulawesi province.

Masdar plans to develop 2GW clean energy in Malaysia

Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, and Citaglobal Berhad, have tied up for the joint development of 2GW renewable energy projects in Malaysia.

Asia to lead global ethylene capacity additions by 2027

Asia is expected to lead the global ethylene industry capacity additions with a share of 54.8% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, a data and analytics company.