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Luoyang Weida Petrochemical’s CRC technology leads the new direction of FCC technology

LUOYANG, CHINA – Media OutReach – 2 June 2023 – From June 1 to 3, at the 2023 industrial green development conference held in Guangzhou, the cold regenerant recycling (CRC) technology exhibited in the comprehensive exhibition area of 2023 industrial green development achievement exhibition won the favor of visitors.

The cold regenerant circulation (CRC) catalytic cracking technology was selected as “the top 20 advanced and applicable low carbon technologies in raw material industry in 2023”.

At the exhibition site, Li Li, deputy general manager of Luoyang Weida Petrochemical Engineering Co., Ltd. (hereinafter referred to as “Luoyang Weida petrochemical”) said in an interview with reporters that Luoyang Weida Petrochemical is a technological innovation enterprise in the field of carbon neutralization. After 15 years of continuous improvement, its independently developed cold regenerant cycle (CRC) technology has achieved major breakthroughs in basic theory, experimental research and industrial application. This technology first puts forward the concepts of multi zone optimization and reaction depth optimization control of catalytic cracking (FCC) reaction, realizes a subversive new riser reaction path, and leads the development direction of FCC technology.

Catalytic cracking (FCC) process is the core of China’s oil refining industry and the main means of light heavy oil. With the increasing trend of crude oil deterioration and heaviness, and the increasing blending ratio of FCC residue, the quality of gasoline produced by FCC process becomes worse, which intensifies the environmental pollution. The complete set of CRC technology and equipment with the characteristics of energy conservation, emission reduction and low carbon efficiency has finally ushered in a development opportunity.

Since 2008, through independent research and development, the CRC project R & D team composed of Li qunzhu of Luoyang Weida Petrochemical has made a series of core technologies and engineering innovation achievements, such as reaction process, key equipment and optimization control, and realized the world’s first set of industrial applications.

In February 2015, the project passed the industrialization demonstration organized by the China Productivity Promotion Center Association. The appraisal and demonstration opinions of academician Jin Yong, academician Yang Qiye and other industry experts pointed out that the CRC technology adopts mature and reliable cold regenerant circulation and control technology, scientifically solves the current common contradictions among reaction temperature, regeneration temperature, feed temperature and agent oil ratio, and overcomes the worldwide problems that have plagued the FCC technical community for more than 30 years, For the first time, the multi zone optimization of RFCC reaction and the optimal control of reaction depth were realized.

Li Li said that after the successful development of CRC technology, PetroChina oil & Gas Co., Ltd. and PetroChina overseas Guangxi Dongyou asphalt Co., Ltd. adopted CRC technology for technical transformation, making CRC technology achieve good economic benefits in the application of 1million T / a large FCC industrial device.

The operation of the industrial plant shows that the CRC technology has a significant effect on energy conservation and emission reduction, which can improve product quality and reduce the concentration of NOx and Sox in flue gas. Compared with the existing FCC technologies at home and abroad, the light oil yield of CRC technology is increased by 1.7 percentage points, the energy consumption is reduced by 11.6kg standard oil / ton of raw material, the unit consumption of catalyst is reduced by 30%, and the efficiency of each ton of raw material is increased by 166 yuan. At the same time, the quality of gasoline and diesel produced is significantly improved, and the flue gas emissions are significantly reduced, in which Sox is reduced by 30% and NOx concentration is reduced by 40%. Its operating indicators are significantly better than the existing FCC technology, and are at the international leading level. For the first time, CRC technology has realized the independent control and optimal control of the catalyst oil ratio, and then can realize the optimal control of the FCC device. It is safe, reliable, low-carbon and efficient, and has both economic and environmental benefits. Its industrial application will help the oil refining industry to be digital and intelligent, and significantly reduce energy and material consumption.

In June 2014, the project passed the achievement appraisal organized by China Petroleum and Chemical Industry Federation, and won the first prize for scientific and technological progress of China Petrochemical Federation. In 2015, the cold regenerant circulation (CRC) technology won the second prize of the National Science Progress Award.

In November, 2021, CRC technology was selected as the “typical case of carbon neutralization” in 2021 by the people’s network, China Environmental Protection Federation and the Ministry of ecological environment. In February, 2022, the national development and Reform Commission, the Ministry of industry and information technology, the Ministry of ecological environment and the Energy Administration jointly issued the guidelines for the implementation of energy conservation and carbon reduction transformation and upgrading, which listed “CRC technology” as a mature “green process technology” in the oil refining industry during the “fourteenth five year plan”.

On May 28 this year, at the award ceremony of the 6th ZhongGuanCun international frontier science and technology innovation competition, Beijing keruiyin Low Carbon Technology Co., Ltd., invested by Luoyang Weida petrochemical, won the title of “TOP10 in the field of carbon neutralization” in the 6th ZhongGuanCun international frontier science and technology innovation competition.

According to Li Li, at present, CRC technology has been granted a number of national invention patents. Luoyang Weida petrochemical company has fully independent intellectual property rights. All equipment, instruments and materials required for the implementation of CRC technology can also be based in China and play a strong driving role in related industries. The technology is applicable to both new and existing units, so it has strong market competitiveness and broad market prospects for large-scale industrial applications. According to the market share of 50%, during the 10 years from 2020 to 2030, China will increase profits and taxes by about 250billion yuan, save 22.95 million tons of standard coal, and achieve a total CO2 emission reduction of 141 million tons.

Academician Jinyong and other experts pointed out that the cold regenerant circulation (CRC) technology has led the development direction of catalytic cracking (FCC) technology. Its popularization and application will realize the low-carbon production of catalytic cracking units, greatly improve the energy conservation, emission reduction and cleaner production level of China’s refining and chemical industry, and make positive Chinese contributions to the global petrochemical industry.

Hashtag: #LuoyangWeidaPetrochemical

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Results of “The Henderson Land Realising Your Imagination Creative Competition” Revealed  Special Public Exhibition to Connect the Community and Ignite Imagination of the Future

HONG KONG SAR – Media OutReach – 2 June 2023 – Henderson Land Group (“Henderson Land” or “the Group”) organised the “Realising Your Imagination Creative Competition” last December to encourage communal imagination through creating multimedia artworks with inspiration from the Group’s contributions to the city. A total of 17 awards were revealed at the award ceremony held on 31 May, with participation of professionals from the architectural, design, art, and academic fields. “The Henderson Land Realising Your Imagination Interactive Exhibition”, a free public interactive exhibition, will showcase the award-winning works and combine the experience of viewing art and collecting NFT souvenirs for the first time from 3 June to 14 June at H Queen’s, Hong Kong’s first vertical art and architectural landmark. Rich in content integrating concepts of innovative design, people-centric communities and sustainable living, the artworks will continue to spark imagination through multi-channel art engagement activities from the exhibition to social media platforms.

01 Dr. Martin Lee Ka-shing, Chairman of Henderson Land Group, attends the Henderson Land Realising Your Imagination Interactive Exhibition.jpg

Dr. Martin Lee Ka-shing, Chairman of Henderson Land Group, attends the Henderson Land Realising Your Imagination Interactive Exhibition

Through the fusion of digital art, 270° immersive experience, Augmented Reality technology, and personalised NFT souvenirs, the 12-day art exhibition features award-winning artworks that depict future communities, cityscapes and lifestyles brimming with boundless imagination while taking inspiration from the Group’s contributions to the city. The exhibition opens a journey of discovery as it explores new technologies, embraces creativity and promotes a sustainable future.

Dr. Martin Lee Ka-shing, Chairman of Henderson Land Group, said: “Henderson Land is committed to enhancing people’s quality of life through innovation. Our community projects encourage the public to unleash their imagination and nurture talent while contributing to a sustainable future. We are delighted to see hundreds of contestants imagine their future way of life, and are deeply inspired by their works. The Group will continue to collaborate with professional teams around the world as we remain committed to promoting innovation, sustainability and people-centricity for a better community.”

A nine-member judging panel comprising architects, city planners and art and multimedia professionals selected a champion, a first runner-up and a second runner-up from both Open and Student Groups, as well as three Judges’ awards and eight outstanding work awards. Winners were awarded art trips to Europe and/or cash prizes, together with a memorable and unique NFT e-certificate as a token of encouragement.

The Student Group’s Champion is a team of three passionate young people who created a short film inspired by the concept of a time capsule. Taking ideations from progressive designs and a people-oriented philosophy, the youths interpret the urban development of Hong Kong as they read a letter sent by their future selves. The Open Group’s Champion is a digital artist who took inspiration from ArtLane, Hong Kong’s first Urban Art Soho community revitalised with murals by Henderson Land. His artwork utilises Point Cloud, VR and other technologies to experiment with a memory exploration embodying the coexistence between humans and nature for the audience. Please refer to Appendix for descriptions of the award-winning artworks.

“Realising Your Imagination Interactive Exhibition” pioneers viewing and collecting experiences

The exhibition comprises four zones. Zones 1 and 2 “Imagine Your Future” feature a Wheel-Mirror Tree as a point of departure to convey a message of thriving growth by fusing Henderson Land’s symbolic eternal wheel with a futuristic mirror design. The Wheel-Mirror Tree incorporates winners’ works, which gleaned inspiration from human-centricity and integrated digital technologies such as 3D Scans, VR, microfilms, photography and animation to weave together a reimagined future. Visitors can interact with six selected winning artworks through AR. Zone 3 “Web3.0 Creative Space” leads visitors on an original journey where they can turn their art photos into an NFT collection to be stored in a Henderson Land NFT wallet. Step into a 270° immersive experience in Zone 4 “Immersive Space”, where visitors go on a visual journey of the Group’s iconic developments such as the International Financial Centre complex and ArtLane to spark further imagination of our city’s future development and aspirations in life.

Henderson Land also connects the public to interact on social media platforms, encouraging everyone to imagine the future through art. From 3 June to 14 June, the public may utilise the AR filter at the exhibition and share their preferred future scenarios with the hashtag #RealisingYourImagination and tag @hendersonlandhk on their personal Instagram accounts. Participants will get a chance to receive a souvenir, while five participants with the most inspirational entries will each be rewarded with Matcha Latte Japan Premium Set from an F&B tenant at H Queen’s.

In the future, Henderson Land will continue to realise its promises around innovation, sustainability and people. To discover more “Realising Your Imagination” moments, please visit Henderson Land’s brand website (https://brand.hld.com/realising-your-imagination/en).

The Henderson Land Realising Your Imagination Interactive Exhibition

Date: 3 – 14 June 2023
Time: 12pm – 8pm
Venue: 9/F, H Queen’s, 80 Queen’s Road Central, Hong Kong
Admission: Free admission with a chance to create an NFT souvenir
(limited availability while stocks last)
Details: https://happenings.hld.com/en/

Hashtag: #hendersonlandhk #HendersonLand #RealisingYourImagination




The issuer is solely responsible for the content of this announcement.

About Henderson Land Group

Founded in 1976 and listed in Hong Kong since 1981, Henderson Land Development Company Limited is a leading property group with a focus on Hong Kong and mainland China. Henderson Land’s portfolio of award-winning landmark projects is the result of close collaboration with some of the world’s foremost architects and professionals. Henderson Land has a long-term commitment to sustainability and is a pioneer in green building and sustainable practices which harness innovation and technology to create new, smarter living. The Group is a strong advocate of social responsibility and invests in a broad range of community causes and initiatives. For more information, please visit .

MMITA launches its first mobile app as a breakthrough social platform integrated with Augmented Reality

The Next Frontier in Augmented Reality to create personalized experiences

HONG KONG SAR – Media OutReach – 2 June 2023 – MMITA (Meet Me In The Astral), a cutting-edge technology company, launches its mobile app as a new Augmented Reality (AR) platform that allows users to experience and share AR content wherever they are. MMITA offers a creative and immersive opportunity for users to discover the virtual world around them, interact with it, and add their own elements to it.

The MMITA platform makes use of Augmented Reality, to provide a personalized experience to each user who desires to be a part of it. With MMITA, users can create and share their own digital content, including advertisements, art, avatars, and more, and place them in real-world environments using their smartphones. The virtual objects placed can be viewed by anyone using the app, and can also be captured as image or video using the camera of the device.

MMITA provides a map with AR objects at different checkpoints, allowing users to discover them and capture them. The collected objects will be placed in their “backpack”, which they can place those objects elsewhere in the AR world. As an innovative social media platform integrated with AR, MMITA also allows users to share and showcase their virtual creations in posts on MMITA’s native social network. Users can connect with their existing friends on MMITA or even share their posts with others on WhatsApp, Instagram or Facebook.

“We’re thrilled to launch MMITA and offer people a brand new way to interact with the world around them. Our platform is designed to provide a fun, creative, and personalized experience for everyone who uses it, whether they’re creating their own content or exploring the content created by others. We believe that MMITA will revolutionize the way people experience Augmented Reality and will be a game-changer in the industry. We have released our SDK and invite game and application developers as well as other content creators to be early pioneers in this new AR universe. We expect that through our own efforts and those of partners or developers that want to sell AR games and applications on the platform, we will see a steady increase of exciting, fun, and value-added applications for both businesses and consumers,” said Gene Kim, Chief Executive Officer of MMITA.

The MMITA mobile app has numerous possibilities for future use, including AR interactive games for consumer brands, virtual art galleries for exhibitions, 3D AR Chatbot as receptionists, and also mass or individually targeted advertising solutions on local buildings. The MMITA team is concurrently working with hardware developers focused on AR glasses, which will ultimately allow users to experience mixed reality in a more holistic manner.

MMITA is now available for download on both the App Store and Google Play Store. For more information about MMITA, please visit the company’s website at https://www.mmita.com/.

Hashtag: #MMITA

The issuer is solely responsible for the content of this announcement.

Premium Pet Supplies Expo 2023 Officially Opens

Creating a Premium Pet World, Enjoying a Stylish Living Environment

HONG KONG SAR – Media OutReach – 2 June 2023 – Organized by Exhibition Group, the Premium Pet Supplies Expo, centered around the theme “Creating a Premium Pet World, Enjoying a Stylish Living Environment”, held its opening ceremony today. This marks the 10th edition of the Premium Pet Supplies Expo, following the momentum of the pet festival, promoting quality pet lifestyle products to the public.

Premium Pet Supplies Expo 2023 Officially Opens Today

According to data from Global Market Insights, the global pet industry had a market value of approximately $261 billion in 2022, and it is expected to grow to $350 billion by 2027, with a compound annual growth rate (CAGR) of 6.1%. The fastest-growing markets are in the Asia-Pacific region and Latin America, with annual growth rates of 9.3% and 5.9% respectively in 2022. The rapid growth of the Premium Pet Supplies Expo aligns perfectly with this pet wave.

Mr. Carl Wong, Chairman of Exhibition Group Limited, said: “The Hong Kong pet market is growing rapidly, radiating to the vast market of 86 million people in the Guangdong-Hong Kong-Macao Greater Bay Area, making it a must-contend location for global pet product displays and sales. The Hong Kong Pet Festival has become an important occasion for industry exchange and procurement. The subsequent Premium Pet Supplies Expo, with its precise positioning and product list, provides the latest and most popular pet supplies for buyers in Hong Kong, the Greater Bay Area, and globally.”

Last year, the Premium Pet Supplies Expo recorded over 240,000 entries. The exhibition offers a variety of food and feed, beverages, clothing, toys, beauty and grooming products, cleaning supplies, health medicines, cages and other items for visitors to choose from. Various exciting activities will also be held at the same venue, providing a great shopping and leisure destination for pet lovers across Hong Kong.

優質寵物用品展2023

Date 2-4 JUN 2023
Time 2-3 JUN 2023: 12nm-9pm
4 JUN 2023: 12nm-8pm
Location Hall 1 AB, Hong Kong Convention and Exhibition Centre
Website https://www.exhibitiongroup.com.hk/exhibitions/ppsexpo

Hashtag: #PremiumPetSuppliesExpo

The issuer is solely responsible for the content of this announcement.

Laos Lacks Heat Action Plan to Combat Recurring Heatwaves

Laos Still Doesn’t Have a Heat Action Plan to Combat Heat Waves
Man wipes his sweat with cloth.

Climate change caused by humans has made the recent heatwave that hit Laos, Thailand, India, and Bangladesh 30 times more likely to happen. But even with record-breaking temperatures in April 2023, only India had official Heat Action Plans (HAP) in place.

NetDragon Websoft Inc. Was Invited To Participate In The 18th United Nations Vesak Day and Developed The “UN Vesak Day Metaverse”

BANGKOK, THAILAND – Media OutReach – 2 June 2023 – On 1st and 2nd June, the 18th United Nations Vesak Day was held at the United Nations International Conference Center and Mahachulalongkornrajavidyalaya University (MCU) in Thailand. Participants from more than 50 countries around the world, including Director-General of UNESCO Audrey Azoulay, Thai Supreme Patriarch Prayut Chan-o-cha, President of the International Council for Day of Vesak (ICDV) The Most Ven. Prof. Dr. Phra Brahmapundit, and Ven. Yanjue, President of the Buddhist Association of China, totaling more than 3,000 people attended the event.

NetDragon Websoft Inc., as the digital Buddhist technology partner for this event, was invited to attend and developed the first United Nations Vesak Day Metaverse product, which was showcased at the conference and attracted the attention of guests from various countries.

The UN Vesak Day Metaverse has now constructed classic 3D scenes such as the United Nations International Conference Center, MCU, and the Buddhamonthon. Users can create digital avatars, register and log in by using multiple channels, participate in real-time meetings, and experience immersive online circumambulation of the Buddha and lighting of lamps. It connects the real world with the virtual world, making it convenient for users to participate in the festival celebration online in real time!

In order to celebrate the 18th United Nations Vesak Day, on May 29th, NetDragon Websoft Inc. and the International Buddhist Studies College (IBSC) of MCU jointly held the forum called “Buddhist Wisdom Coping With Global Digitalization: Pre-UN Vesak Day 2023 Celebrations”. Buddhist experts from Thailand, China, Bhutan, Vietnam, Myanmar, and other countries were invited to attend and deliver speeches. Through the forum, they further shared the strategies and wisdom that digital Buddhism could provide for “responding to the development of digital globalization”. Mr. Mi Xiong, President of NetDragon Digital Research Institute, gave a keynote speech on the theme of “The Diversified Development of Digital Buddhism”, showcasing NetDragon’s solutions and practices in digital Buddhist field, and the operation of Buddhist intellectual property on new media platforms.

Technological change has brought more opportunities to Buddhist education. With the help of the “Belt and Road” initiative and digital technology, “Digital Buddhism” has become one of the hottest topics in current Buddhist education. The construction of the United Nations Vesak Day Metaverse is hoping to attract more Buddhist organizations to participate, to work together, by using an international perspective to fully assist in their communication and collision of ideas.
Hashtag: #NetDragon

The issuer is solely responsible for the content of this announcement.

Ex-UN Head Ban Calls for More Diplomatic Pressure on Myanmar’s Military Leaders

Ex-un Head Ban Calls for More Diplomatic Pressure on Myanmar’s Military Leaders
Former U.N. Secretary-General Ban Ki-moon speaks during a news conference in Seoul, South Korea. (Photo: AP)

SEOUL, South Korea (AP) — Former UN Secretary-General Ban Ki-moon said Wednesday that he was communicating with authorities in military-run Myanmar as well as members of the armed resistance following a surprise visit to the country last month, and called for more diplomatic pressure on the ruling generals to end the violence.

Two Women From Philippines Intercepted on Trafficking Route to Laos

Two Females Intercepted in Trafficking Route to Laos
Photo from the Philippine's Bureau of Immigration. (Photo: BI)

Two women who pretended to be seafarers were stopped by the Bureau of Immigration (BI) at Clark International Airport in the Philippines while they were on their way to Laos to work at a scam call center.