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BYD and UzAuto to form NEV production JV in Uzbekistan

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Strong cooperations with other international enterprises on the development of vehicle electrification is part of the core business strategy. As of November 2022, BYD has sold more than 3 million NEVs to global customers. Central Asia map by Cacahuate - Own work based on the blank world map, CC BY-SA 4.0.

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EIA: At least 9 new refinery projects to come online before end of 2023 in Asia and Middle East; 2.9 MMb/d

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In Asia and the Middle East, at least nine refinery projects are beginning operations or are scheduled to come online before the end of 2023, according to the US Energy Information Administration (EIA). million barrels per day (MMb/d) of global refinery capacity once fully operational. million b/d in 2022 and by an additional 1.6

Asia 418
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EIA projects increases in global energy consumption and emissions through 2050

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In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency.

Global 259
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EIA: US ammonia prices rise in response to higher international natural gas prices; up by a factor of 6 in two years

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US ammonia prices closely follow international ammonia prices because approximately 14% of total US ammonia consumption is met by imports. Because the global ammonia market is highly interconnected, the US price of ammonia closely follows international ammonia prices rather than only US natural gas prices.

Price 259
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UN: global e-waste surging; up 21% in 5 years

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million metric tonnes (Mt) of electronic waste was generated worldwide in 2019, up 21% in just five years, according to the UN’s Global E-waste Monitor 2020. According to the report, Asia generated the greatest volume of e-waste in 2019—some 24.9 of global greenhouse gas emissions. A record 53.6 Mt), and and Oceania (0.7

Waste 259
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S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

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Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group.

Carbon 170
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SK Group to invest $16.4B to create hydrogen production-distribution-consumption ecosystem by 2025

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billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. billion) by 2025 in a hydrogen production plant. In the second phase, SK will invest 5.3

Hydrogen 376