article thumbnail

GlobalData: China to account for 44% of Asia’s crude oil refining capacity in 2023

Green Car Congress

China will drive the majority of growth in the crude oil refining industry in Asia between 2018 and 2023, contributing 44% of Asia’s crude oil refining capacity in 2023, according to GlobalData. China’s planned and announced crude oil refining capacity is expected to increase from 460 mbd in 2018 to 3,721 mbd in 2023.

Oil 236
article thumbnail

EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6

Global 448
article thumbnail

Zhejiang Methanol Hydrogen and Element 1 partner to deliver hydrogen generation technology to Greater China

Green Car Congress

— to drive methanol-based hydrogen generation technology and commercialize e1NA’s technology throughout Greater China. The JV will work with listed companies across China to develop integrated hydrogen production and fueling stations in Qingdao, Wuhan, Jiaxing, Wuxi and other cities. Element 1 L/M-Series Hydrogen Generator.

Hydrogen 418
article thumbnail

China’s first integrated methanol-to-hydrogen and hydrogen refueling service station now in operation

Green Car Congress

China Petroleum & Chemical Corporation (Sinopec) officially launched China’s first methanol-to-hydrogen and hydrogen refueling service station in Dalian, China. China produces the most methanol in the world, accounting for 60% of the global total. Sinopec Fuel Oil Sales Co.,

Hydrogen 418
article thumbnail

Cummins & Sinopec launch JV to produce and promote green hydrogen technologies in China

Green Car Congress

and China Petrochemical Corporation (Sinopec Group) have formed a 50:50 joint venture: Cummins Enze (Guangdong) Hydrogen Technology Co., Cummins Enze, located in Foshan, Guangdong Province in China, will initially invest $47 million (RMB 300 million) to locate a manufacturing plant to produce proton exchange membrane (PEM) electrolyzers.

Hydrogen 321
article thumbnail

China researchers hydrotreat waste engine oil and scrap tire oil blend to produce diesel- and jet-range fuel

Green Car Congress

Researchers at Henan Polytechnic University in China have hydrotreated the oil derived from hydrothermal liquefaction of scrap tires (STO) with waste engine oil (WEO) using five different activated carbon-supported noble metal catalysts—Pd/C, Pt/C, Ru/C, Ir/C, and Rh/C—for the production of liquid fuels.

Oil 220
article thumbnail

IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 OECD industry stocks also rose, by 42.5 mb/d in 2022 to 2.2

Oil 210