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Development of B24 marine biodiesel in Asia: Guangzhou vs. Singapore | Argus Media
<!DOCTYPE html> <html> <head> <meta charset="UTF-8"> <meta name="viewport" content="width=device-width, initial-scale=1.0"><meta name="robots" content="index, nofollow"> <title>Development of B24 marine biodiesel in Asia: Guangzhou vs. Singapore | Argus Media</title> <link rel="icon" href="https://view.argusmedia.com/rs/584-BUW-606/images/1530185061494_favicon.png" type="image/x-icon"> <link href="https://cdn.jsdelivr.net/npm/bootstrap@5.3.2/dist/css/bootstrap.min.css" rel="stylesheet"> <!-- <link rel="stylesheet" href="./rebrand-styles.css"> --> <!-- <link rel="stylesheet" href="https://view.argusmedia.com/rs/584-BUW-606/images/rebrand-stylesv2.css?version=10"> --> <link rel="stylesheet" href="https://view.argusmedia.com/rs/584-BUW-606/images/rebrand-stylesv3.css?version=20"> <link rel="shortcut icon" href="/favicon.ico" type="image/x-icon" > <link rel="icon" href="/favicon.ico" type="image/x-icon" > <style>.mktoGen.mktoImg {display:inline-block; line-height:0;}</style> <script type="text/javascript" src="https://assets.adoberesources.net/loader.js?orgId=03920165639BAB440A495E17@AdobeOrg&instanceId=argusmedialtd&env=prod&geo=va7"></script> </head> <body data-momentum-id="f8d91564" id="bodyId"> <div is-module-container="Header Container" module-types="header" data-momentum-id="403a94a6"> <!-- Module 1: Full Width Solid Bar --> <!-- Module 2: Logo --> <div class="logo" is-module="02-Argus-Logo" module-type="header" data-momentum-id="c39c7b75"> <div class="row justify-content-center container mx-auto" data-momentum-id="0a4b72d3"> <div class="col-md-10 col-sm-12" data-momentum-id="78a91737"> <div class="row" data-momentum-id="8d8296fe"> <a is-linkable="02-Argus-Logo:Link" href="https://www.argusmedia.com/en" target="_blank" data-momentum-id="83407584"> <img is-image="02-Argus-Logo:Image" src="https://view.argusmedia.com/rs/584-BUW-606/images/argus_final_logo.png" alt="" class="img-fluid" data-momentum-id="64f0d9d0"> </a> </div> </div> </div> </div> <!-- /Logo --> </div> <div is-module-container="Body Container" class="p-0" module-types="body" data-momentum-id="1dfd550c"> <!-- Module 3: Two column dark background with form --> <div class="dark-bg" is-module="03-Two-Column-With-Form-Dark" module-type="body" style="background-color: rgb(27, 35, 61);" is-colorable is-repeatable data-momentum-id="22d37797" bgcolor="#1b233d"> <div class="row justify-content-center container mx-auto" data-momentum-id="92093315"> <div class="col-md-10 col-sm-12" data-momentum-id="130562bc"> <div class="row" data-momentum-id="591ec9e5"> <div class="col-lg-6 col-sm-12 mx-auto" style="margin-bottom: 10px;" data-momentum-id="93073ef1"> <h2 class="blue-line" is-text="03-Heading" is-colorable-text is-deletable style="color: #ffffff;" data-momentum-id="dff69154">Webinar:<br data-momentum-id="65fc7eb4">Development of B24 marine biodiesel in Asia: Guangzhou vs. Singapore</h2> <div is-editable="03-Form Text" is-repeatable is-deletable class="py-2" data-momentum-id="74030df7"><h3 data-momentum-id="f0b458c6"><span style="color: #33beee;">Watch now on demand</span></h3> <p data-momentum-id="f034bf36"><br data-momentum-id="9926a2a3">Chinese suppliers are looking to develop the B24 market as demand from international shipowners seeking to reduce greenhouse gas emissions (GHG) rises. China is well positioned to meet this growing demand with ready availability of Ucome and VLSFO but challenges remain.</p> <p data-momentum-id="72f229d0"><br data-momentum-id="6b37f749">Join this webinar to get insights on:</p> <ul data-momentum-id="f310a569"> <li data-momentum-id="15afe48f">Rising B24 supply in China and what it means for Singapore and global markets</li> <li data-momentum-id="0440f972">Argus’ new B24 dob Guangzhou price methodology and trends so far </li> <li data-momentum-id="9b1d199e">Competition with B24 dob Singapore, blending challenges and what to expect in the coming years </li> </ul> <p data-momentum-id="1b526397"> </p></div> </div> <div class="col-lg-6 col-sm-12 mx-auto form-layout" data-momentum-id="226d212f"> <div class="form-container" style="background-color: #FFFFFF;" is-colorable="03-Form Containter Background" data-momentum-id="d2c0e8ef" bgcolor="#ffffff"> <h3 is-text="03-Form Heading" is-colorable-text is-deletable style="color:#000000" data-momentum-id="f6df0e41">Register here - watch now on demand<br data-momentum-id="cbe44153"><br data-momentum-id="f60f6598"></h3> <div data-momentum-id="4cb32ef5"> <div is-form="Dark Background Form Block" data-momentum-id="bea3252f" data-mkform="{"id":32985,"name":"03-MC10-webinar registration"}" id="yz5j2yx19x" class="mktoForm"><div id='lpeCDiv_5151251' class='lpeCElement GLO-EVW-2024-07-PRO-Marine_fuels_Guangzhou_price_launch_webinar_07-11-202401-MC10-Registration'><span class='lpContentsItem formSpan'> <script src="/js/forms2/js/forms2.min.js"></script> <form class="mktoForm" id="mktoForm_34485"> </form> <script> (function (){ var formDescriptor = {"Id":34485,"Vid":34485,"Status":"approved","Name":"GLO-EVW-2024-07-PRO-Marine fuels Guangzhou price launch webinar; 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MktoForms2.setOptions({baseUrl:"/js/forms2/"}); var isDev = false; if(isDev && window.console && window.JSON){ console.log(JSON.stringify(formDescriptor, null, " ")); } formDescriptor.lpId = 105741; var form = MktoForms2.newForm(formDescriptor, function (form){ var lpFields = {"lpId":105741,"subId":241,"munchkinId":"584-BUW-606","lpurl":"\/\/view.argusmedia.com\/marine-fuels-webinar-july-24.html?cr={creative}&kw={keyword}"}; var pageFields = MktoForms2.getPageFields(); form.addHiddenFields(lpFields); form.addHiddenFields(pageFields); if(window.mktoPreFillFields){ form.setValuesCoerced(mktoPreFillFields); } if(!form.EnableDeferredMode){ form.render(); } }); })() </script> <noscript> <form class='mktoForm mktoNoJS'> <input type="hidden" name="formid" value="34485" /> </form> <p>Please enable Javascript to view this form.</p> </noscript> </span></div> </div> </div> </div> </div> </div> </div> </div> </div> <!-- /Two column dark background with form --> <!-- Module 4: Two column light background with form --> <!-- /Two column light background with form --> <!-- Module 5: Full width form with gradient background --> <!-- /Full width form with gradient background --> <!-- Module 6: Four columns with header, image, text and CTA --> <!-- /Four columns with header, image, text and CTA --> <!-- Module 7 and Module 22 combined as only colours change: Full width text, header and CTA --> <div class="light-bg" is-module="07-Full Width Text with CTA" module-type="body" style="background-color: rgb(255, 255, 255);" is-colorable is-repeatable data-momentum-id="82e691b4" bgcolor="#FFFFFF"> <div class="row container mx-auto" data-momentum-id="11420c73"> <div class="col-md-10 col-sm-12 mx-auto" data-momentum-id="bf0d10a3"> <h2 class="blue-line" is-text="07-Heading" is-colorable-text is-repeatable is-deletable data-momentum-id="4bd7808c" style="color: rgb(33, 37, 41);">Adding to the Argus marine biodiesel price suite</h2> <div is-editable="07-Text" is-repeatable is-deletable class="py-2" data-momentum-id="35dc57bd"><p data-momentum-id="030adb3f">Argus has launched the first marine biodiesel spot price for China, B24 dob Guangzhou which is a blend of 24% used cooking oil methyl ester (Ucome) and 0.5% sulphur fuel oil (VLSFO). This is the second marine biodiesel price for Asia, joining B24 dob Singapore that was first published in January 2023. </p></div> </div> </div> </div> <!-- /Full width text, header and CTA --> <!-- Module 8: Three column section with image, text and cta --> <div class="white-bg" is-module="08-Three Column With Image, Text and CTA" style="background-color: rgb(245, 245, 245);" module-type="body" is-colorable is-repeatable data-momentum-id="d687bc7c" bgcolor="#f5f5f5"> <div class="row container mx-auto" data-momentum-id="5038f1d1"> <div class="col-md-10 col-sm-12 mx-auto" data-momentum-id="7239a686"> <h2 class="blue-line" is-text="08-Headline" is-colorable-text is-deletable data-momentum-id="7dbc8b51" style="color: rgb(33, 37, 41);">Meet the speakers</h2> <div is-editable="08-Text" is-repeatable is-deletable class="py-2" data-momentum-id="e1c0c9e1"></div> <div class="row" data-momentum-id="4047c545"> <div class="col-md-4 col-sm-12" is-group="08-Column-1" data-momentum-id="b8953cf6"> <div class="p-0 text-center" data-momentum-id="55267d3d"> <img is-image="08-Column-1:Image" src="https://view.argusmedia.com/rs/argusmedialtd/images/PRO_MPC_CatherineCaulfield_ArgusMedia-modified.png" alt="PRO_MPC_CatherineCaulfield_ArgusMedia-modified.png" class="img-fluid" data-momentum-id="db1a9f81"> </div> <div class="py-3" data-momentum-id="86807c5a"> <h4 is-text="08-Column-1:Header" is-colorable-text is-deletable data-momentum-id="436c76e8" style="color: rgb(30, 72, 151);"></h4> <div is-editable="08-Column-1:Text" data-momentum-id="151d9f02"><h3 data-momentum-id="3618c1bf"><strong data-momentum-id="b80ad975">Catherine Caulfield</strong></h3> <p data-momentum-id="b3464a7a"><strong data-momentum-id="b091e1c9">Business Development Manager – Marine Fuels</strong></p> <p data-momentum-id="c92e404b"><em data-momentum-id="4d844cfa"><strong data-momentum-id="f0a6dc34">London</strong></em></p> <p data-momentum-id="bf19a316"> </p> <p data-momentum-id="bcfd2d3d">Catherine is responsible for coordinating business development strategy for Argus’ marine fuels product suite. In this capacity, Catherine engages with market participants to showcase the benefits of using Argus conventional and alternative marine fuel spot prices to facilitate decision making and risk management. Catherine holds an MSc in Petroleum Geoscience from the University of Aberdeen and a BA in Natural Sciences from Trinity College Dublin.</p></div> </div> </div> <div class="col-md-4 col-sm-12" is-group="08-Column-2" data-momentum-id="290c40d5"> <div class="p-0 text-center" data-momentum-id="438279c8"> <img is-image="08-Column-2:Image" src="https://view.argusmedia.com/rs/argusmedialtd/images/PRO_Kevin+Xin-modified+255.png" alt="PRO_Kevin Xin-modified 255.png" class="img-fluid" data-momentum-id="3918829e"> </div> <div class="py-3" data-momentum-id="872e4f84"> <h4 is-text="08-Column-1:Header" is-colorable-text is-deletable data-momentum-id="a36182cc" style="color: rgb(33, 37, 41);"></h4> <div is-editable="08-Column-2:Text" data-momentum-id="fc44ffd8"><h3 data-momentum-id="466ff150"><strong data-momentum-id="f2a20934">Kevin Xin</strong></h3> <p data-momentum-id="466ff150"><strong data-momentum-id="88c70a2a">Senior Editorial Analyst</strong></p> <p data-momentum-id="466ff150"><em data-momentum-id="3c98e6fc"><strong data-momentum-id="2ce167cb">China</strong></em></p> <p data-momentum-id="466ff150"> </p> <p data-momentum-id="466ff150">Kevin Xin is the Editor of the Argus Chinese Products report, covering daily marine fuels bunker price assessments for five Chinese ports. Kevin has extensive knowledge of the petrochemical industry in China, with over 12 years of industry experience. Kevin graduated from the University of Bristol with a bachelor's degree in polymer materials. Prior to joining Argus, Kevin worked for Oilchem, a local petrochemical consulting company in China.</p></div> </div> </div> <div class="col-md-4 col-sm-12" is-group="08-Column-3" data-momentum-id="9f88862b"> <div class="p-0 text-center" data-momentum-id="de2a6fdf"> <img is-image="08-Column-3:Image" src="https://view.argusmedia.com/rs/argusmedialtd/images/PRO_PRO-speaker-mahua-chakravarty-modified+255.png" alt="PRO_PRO-speaker-mahua-chakravarty-modified 255.png" class="img-fluid" data-momentum-id="6fd96a0e"> </div> <div class="pt-3" data-momentum-id="3dbd0342"> <h4 is-text="08-Column-3:Header" is-colorable-text is-deletable data-momentum-id="679c5e29" style="color: rgb(33, 37, 41);"></h4> <div is-editable="08-Column-3:Text" data-momentum-id="260993ff"><h3 data-momentum-id="5d5d0723">Mahua Chakravarty</h3> <p data-momentum-id="83689683"><strong data-momentum-id="15c67ce7">Editor, Marine Fuels</strong></p> <p data-momentum-id="273e9060"><em data-momentum-id="deec9e29"><strong data-momentum-id="b97189b1">Singapore</strong></em></p> <p data-momentum-id="fe6ad46d"> </p> <p data-momentum-id="d9d07fc8">Mahua has worked with Argus since 2013 and is the Asia Pacific editor for marine fuels. She was leading the bitumen desk for the Asia-Pacific and the Middle East markets from Oct 2020 to May 2023. Prior to this, she also co-led the Asian petrochemicals desk within Argus, covering aromatics, methanol, polymers and olefins. She has more than 20 years’ experience working as a journalist and editor with various publications in Singapore and India. </p></div> </div> </div> </div> </div> </div> </div> <!-- /Three column section with image, text and cta --> <!-- Module 9: Four columns with header, image, text and text links --> <!-- /Four columns with header, image, text and text links --> <!-- Module 10: Two columns with header, text, 3x infographics and right x2 vertical images --> <!-- /Two columns with header, text, 3x infographics and right x2 vertical images --> <!-- Module 11: Two columns left image, right text, header and x2 infographic points with white background --> <!-- /Two columns left image, right text, header and x2 infographic points with white background --> <!-- Module 12: Two columns left image, right text, header and x3 infographic points with dark blue background --> <!-- /Two columns left image, right text, header and x3 infographic points with dark blue background --> <!-- Module 13: Two columns left text, header, x2 infographic points and right x2 vertical images (50/50) --> <!-- /Two columns left text, header, x2 infographic points and right x2 vertical images (50/50) --> <!-- Module 14: Full width text, Header + x2 cols + x4 Cards inc Dynamic links with grey background --> <!-- /Full width text, Header + x2 cols + x4 Cards inc Dynamic links with grey background --> <!-- Module 15: Full width text, header, two cols and x4 infographic points and text links with white background --> <!-- /Full width text, header, two cols and x4 infographic points and text links with white background --> <!-- Module 16: Hero image and right text box with text link --> <!-- /Hero image and right text box with text link --> <!-- Module 17: White spacer (10px) --> <!-- /White Spacer (10px) --> <!-- Module 18: Hero image | Left text + x2 infographics + Dynamic link | Right Calendar Countdown + x3 infographics --> <!-- /Hero image | Left text + x2 infographics + Dynamic link | Right Calendar Countdown + x3 infographics --> <!-- Module 19: Left 50% Hero image | Right text + Header + x3 infographic points + White Background --> <!-- /Left 50% Hero image | Right text + Header + x3 infographic points + White Background --> <!-- Module 20: Right 50% Hero image | Left text + Header + x3 infographic points + Dark Blue Background --> <!-- /Right 50% Hero image | Left text + Header + x3 infographic points + Dark Blue Background --> <!-- Module 21: Full width text, header and centred image with grey background --> <!-- /Full width text, header and centred image with grey background --> <!-- Module 22 as 23 combined with module 6: Full width text, header and table (6col x 7row) with white background --> <!-- /Full width text, header and table (6col x 7row) with white background --> <!-- Module 23 = 24 and 25 from mockup combined as only colours change: Full width agenda (20/80 split), header and link with dark blue background --> <!-- /Full width agenda (20/80 split), header + Dynamic link | Dark Blue Background --> <!-- Module 24: Full width text + Header + x4 Horizontal CTA buttons (dynamic linked to x4 components) | Dark Blue Background --> <!-- /Full width text + Header + x4 Horizontal CTA buttons (dynamic linked to x4 components) | Dark Blue Background --> <!-- Module 25: Full width stack | x4 components (inc left graphic chart 30% + right text + sub-header 70% + white background) | H1 Header | Grey Background --> <!-- Full width stack | x4 components (inc left graphic chart 30% + right text + sub-header 70% + white background) | H1 Header | Grey Background --> <!-- Module 26: Right Graphic Chart (50%) | Left text + Header (50%) | White Background --> <!-- /Right Graphic Chart (50%) | Left text + Header (50%) | White Background --> <!-- Module 27: Full width text with bullet points --> <!-- /Full width text with bullet points --> <!-- Module 28: Two column form with image background--> <!-- /Two column form with image background --> <!-- Module 29: Full Width Video Module --> <!-- Full Width Video Module --> <!-- Module 30: wo Column With Image, Text and CTA --> <!-- Module 30: wo Column With Image, Text and CTA --> </div> <div is-module-container="Footer Container" class="p-0" module-types="footer" data-momentum-id="056b1e05"> <!-- Module 26: Right Aligned Footer with social icons --> <!-- /Module 26: Right Aligned Footer with social icons --> <!-- Module 27: Centre Aligned Footer with social icons --> <div class="dark-bg" is-module="27-Footer-Centre-Aligned" module-type="footer" module-description="Centred footer" style="background-color: #1B233D;" is-repeatable is-colorable data-momentum-id="83665381"> <div class="row container mx-auto" data-momentum-id="b4e6206a"> <div class="col-md-10 col-sm-12 mx-auto" data-momentum-id="0ff2df33"> <div class="text-center footer-social-center" data-momentum-id="aad7d8ac"> <a style="text-decoration: none;outline: none;" target="_blank" href="https://twitter.com/argusmedia" data-momentum-id="40d11e76"><img is-image="Twitter Icon" is-movable is-linkable src="https://view.argusmedia.com/rs/584-BUW-606/images/Twitter_x_Icon.png?version=0" alt="" width="30" class="img-fluid" data-momentum-id="7fa5c00b"></a> <a style="text-decoration: none;outline: none;" target="_blank" href="https://uk.linkedin.com/company/argus-media" data-momentum-id="cc618128"><img is-image="Linkedin Icon" is-movable is-linkable src="https://view.argusmedia.com/rs/584-BUW-606/images/LinkedIn_Icon.png?version=0" alt="" width="30" class="img-fluid" data-momentum-id="6b3fa48f"></a> <a style="text-decoration: none;outline: none;" target="_blank" href="https://www.youtube.com/user/argusmediavideo" data-momentum-id="779e5d81"><img is-image="Youtube Icon" is-movable is-linkable src="https://view.argusmedia.com/rs/584-BUW-606/images/YouTube_Icon.png?version=0" alt="" width="30" class="img-fluid" data-momentum-id="267d8d9f"></a> <a style="text-decoration: none;outline: none;" target="_blank" href="https://www.facebook.com/ArgusMedia" data-momentum-id="15834dad"><img is-image="Facebook Icon" is-movable is-linkable src="https://view.argusmedia.com/rs/584-BUW-606/images/Facebook_Icon.png?version=0" alt="" width="30" class="img-fluid" data-momentum-id="8aa4c5df"></a> </div> <div class="text-center blue-border-bottom footer" is-group="27-Footer-Links" data-momentum-id="336359c5"> <a is-text="27-Footer-Links:Sitemap" is-linkable is-deletable href="https://www.argusmedia.com/en/sitemap" target="_blank" data-momentum-id="edff35bf">Sitemap</a> <span class="hidden" data-momentum-id="e9a3d3d0"> | </span> <a is-text="27-Footer-Links:Privacy" is-linkable is-deletable style="color: inherit;" href="https://www.argusmedia.com/en/privacy-policy" target="_blank" data-momentum-id="8f995bf7">Privacy policy</a> <span class="hidden" data-momentum-id="4237cc34"> | </span> <a is-text="27-Footer-Links:Trademarks" is-linkable is-deletable style="color: inherit;" href="https://www.argusmedia.com/en/trademarks" target="_blank" data-momentum-id="b5fc443b">Trademarks</a> <span class="hidden" data-momentum-id="8f6d9f55"> | </span> <a is-text="27-Footer-Links:Copyright" is-linkable is-deletable style="color: inherit;" href="https://www.argusmedia.com/en/copyright" target="_blank" data-momentum-id="8640f777">Copyright policy</a> <span class="hidden" data-momentum-id="15777206"> | </span> <a is-text="27-Footer-Links:Terms" is-linkable is-deletable style="color: inherit;" href="https://www.argusmedia.com/en/terms-and-conditions" target="_blank" data-momentum-id="71b013be">Terms of use</a> <span class="hidden" data-momentum-id="40c4b822"> | </span> <a is-text="27-Footer-Links:Modern-Slavery" is-linkable is-deletable style="color: inherit;" href="https://www.argusmedia.com/en/modern-slavery-statement" target="_blank" data-momentum-id="a83f35a4">Modern Slavery Statement</a> <span class="hidden" data-momentum-id="14fea0f3"> | </span> <a 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