Oil, Gas & Chemicals

  • The oil and gas industry is facing changes and companies are turning to innovation to drive transformation. Companies across the value-chain are looking at vertical integration to reap the benefits of collaboration. Drivers such as IMO2020 regulations and plastics recycling have the potential to create more opportunities and to impact the demand and supply for products.

  • UOB Sustainable FinancingUOB Sustainable Financing

    Integrating sustainability into your business strategy can be complex. UOB Sustainable Financing simplifies sustainability for business by empowering you with insights and tools, providing a streamlined and transparent process, and tailoring solutions that meet your needs.

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Industry Perspectives

 

China's Belt and Road Initiative (BRI) has been presenting great opportunities in promoting economic cooperation and connectivity with major markets across the world. Find out more about China's recent conclusion of its 14th Five-Year Plan, developments of BRI-related projects and trades, and an update on recent events surrounding the escalation of the China-US tensions.

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With disruptions facing the world today, enterprises need to move away from traditional business models to survive. Digital transformation (DX) is now happening at a much faster rate than before, as enterprises adapt to new restrictive conditions set out by their governments.

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We conducted a survey with 300 key decision makers across Southeast Asia (64%), Mainland China and Hong Kong (36%) to navigate the macro risk landscape given the current uncertainties.

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The global plastic recycling rate is rising on heightened environmental awareness of plastic pollution. In Asia, the future of plastic recycling is poised for growth from a low base.

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In Southeast Asia, governments are increasingly acting against single-use plastics through levies, bans and more. This is likely to impact certain types of single-use plastics and thus create opportunities for plastic converters.

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The International Maritime Organisation’s (IMO) sulphur reduction rule will kick in on 1 January 2020. The rule, which applies globally, is to reduce the sulphur content of any fuel used onboard ships to less than 0.5% mass/mass (m/m).

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Looking at global events, shifts in mindsets and more, this report will share UOB’s take on megatrends and the impact of these trends across industries.

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Videos

 

Video: The future of plastics recycling in Asia is bright
Plastics can be recycled through the Circular Plastics Economy, via methods such as mechanical and chemical recycling. Asian governments are showing strong support through roadmaps and frameworks.

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Watch this video on the future of plastics recycling in Asia.
 

Events

 

UOB hosted a webinar titled ‘Navigating the future of plastics’ to share the bank’s observation on key trends in the plastics industry and the banking solutions for businesses in the region to navigate changes in these uncertain times.

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UOB shared the bank’s view on the positive outlook for the plastics sector and reasons for pursuing green financing for industry 4.0 at the Connect @ i4.0 Plastics Industry Conference 2019 organised by the Malaysian Plastics Manufacturers Association.

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