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HOUSTON, April 21, 2025 -- Ascend Performance Materials
Ascend Performance Materials ("Ascend" or the "Company"), a leading producer of high-performance and durable engineered materials for everyday essentials and new technologies, announced that, with the support of its key stakeholders, it has initiated Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas. The Chapter 11 process will enable Ascend to deleverage its balance sheet and continue providing best-in-class materials to nearly 1,650 customers globally. Ascend's subsidiaries that are located outside of the U.S. are not included in the Chapter 11 filings. With the support of its lenders, Ascend will use the Chapter 11 process to pursue a value-maximizing restructuring transaction that will enable the Company to emerge from Chapter 11 as a healthy, well-capitalized business. The Company will operate as usual throughout the Chapter 11 process and will continue to manufacture and produce high-performance materials that improve the quality of life today and inspire a better tomorrow. In connection with this process, the Company has received a commitment for $250 million in debtor-in-possession financing from its lenders, which is expected to provide the Company with sufficient liquidity to support Ascend throughout the Chapter 11 process. Ascend aims to complete the process in approximately six months. Ascend is operating as usual throughout this process and does not expect any impact to product availability or customer contracts. The Company remains focused on creating and delivering high quality performance materials for its customers. |
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Dear Braun, Uwe and Nicholas I've created OMNIA holdings as a new entity. #fertlizers #explosives #finechemicals |
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SINGAPORE, March 19 (Reuters) - - In a significant development in China's refining sector, state-run Sinochem Group has agreed to sell one of its bankrupt oil refineries to Hongrun Petrochemical, an independent refiner based in Eastern China. This sale marks a notable shift in the landscape of China's petrochemical industry and highlights the ongoing consolidation in the country's refining sector. |
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Sinopec Zhenhai Refining & Chemical Company
Junheng Industry Group Biotech
PROJECTS Sinopec and TotalEnergies Joint Venture
Tianzhou New Energy
Zhejiang Jiaao Enprotech
Sichuan Jinshang Environmental Protection Tech
Shandong Haike Chemical
We will continue to update this list of SAF production plants in China and globally. #biofuels #saf #sustainability #renewablefuels #renewablediesel #hefa #sustainableaviationfuel #hydrotreating #usedcookingoil #uco |
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Feb 2, 2024 / SGS - On January 20, 2024, Jun Heng Biotechnology’s sustainable aviation fuel (SAF) achieved a significant milestone as its sustainable aviation fuel (SAF) received airworthiness approval from the Civil Aviation Administration of China (CAAC). This marks the first instance of a private refinery obtaining official airworthiness approval, enabling commercial use. The Jun Heng Biotechnology is located in Puyang Industrial Park, Henan province. The company utilizes used cooking oil (UCO) or oil derived from municipal, agricultural and forestry waste as a feedstock for SAF. The company plans to enhance its SAF production capacity to 400,000 tonnes annually by 2025. It anticipates reaching a production volume of 137,000 tonnes in 2024. In early January 2024, the company conducted SAF performance and functional tests on the auxiliary power unit batch, with all test results compliant with the National No.3 jet fuel standard, GB 6537-2018. Additionally, the company achieved the first successful engine test run using 100% SAF in China. It's noteworthy that, as of now, the Chinese government has not implemented a specific SAF standard in the country. Therefore, all SAF applied to aircraft must adhere to the GB 6537-2018 standard. |
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Axens' Vegan® technology to produce renewable diesel (RD) and sustainable aviation fuel (SAF) through the hydrotreatment of a wide range of vegetable oils and animal fats, including used cooking oil (UCO), has been added. |
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Sinopec's SRJET technology for the production of SAF from bio-oils has been added. #biooil #biogenicoil #usedcookingoil #uco #fattyacidester #sustainableaviationfuel #saf #jetfuel |
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I've created AECI, a well known explosives and chemicals manufacturer in South Africa. Can I send the logo to Uwe or Nicholas? Braun, Uwe Kokel, Nicolas |
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The project has achieved several key milestones. As of October 30, 2024, the utility engineering project for the integrated refinery complex—comprising 14 units—successfully passed intermediate handover inspections. Despite challenges such as tight construction schedules and overlapping interfaces, the project team implemented innovative solutions to streamline processes and ensure timely progress. |
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TECHNOLOGIE ALREADY OPERATING Natural Gas Steam Reforming Rectisol Gas Cleaning Methanol Synthesis Methanol to Olefins (DMTO) Residual Oil Catalytic Thermal Cracking (DCC) Veba Combi Cracking (VCC) Plant Near-zero Wastewater Discharge System TECHNOLOGIES CURRENTLY UNDER CONSTRUCTION OR IN PROJECT PHASE Naphtha and Light Diesel Comprehensive Utilization Project Methanol Gasification Slag Comprehensive Utilization Project MTBE Unit Low-temperature Heat Utilization Project Coal Gasification Conversion Condensate Environmental Protection Comprehensive Management Project Methane Conversion Air Preheater Upgrade Energy-saving Project Photovoltaic Power Generation Project Carbon Capture Utilization and Storage (CCUS) Demonstration Project These technologies are mentioned as part of the company's comprehensive utilization strategy or future plans without clear operational status or startup dates explicitly indicated: C4 Mix to Olefin Conversion Unit (OCU) (mentioned implicitly as part of the olefin downstream processing chain) C5 Mix Recycling (implied as part of comprehensive utilization but not explicitly detailed with dates or capacities.) Coal-Methane Co-gasification Technology (mentioned as a future planned project without explicit details on dates or capacities.) Propane and Isobutane Dehydrogenation for Acrylic Acid and Esters Production (mentioned as planned projects without explicit details on dates or capacities.) |
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From INEOS, Project ONE, Environmental & Social Impact Assessment (ESIA). General The ethane cracker (ECR) is located in the southern part of the project area and is one of the most innovative, efficient and sustainable cracking facilities in the world. The ethane cracker will have a production capacity of 1 450 000 tonnes/year of ethylene. The main components of the ECR are: The ethane is mixed with dilution steam and an ethane-rich recycle stream to obtain a suitable reaction mixture. This is passed in parallel through the furnaces. |
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The description of the Raffinerie Heide's Hemmingstedt refinery has been updated. |
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Dakar, Senegal - February 10, 2025 |
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Pemex' Cangrejera Petrochemical Complex has been added.
#pemex #petroleosmexicanos #pemextransformacionindutrial #veracrus #mexico #coatzacoalcos #cangrejera |
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DOW Chemical’s industrial complex, in Terneuzen, The Netherlands |
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Please check our descriptions for the various types of polyethylene highlighting the relationship between molecular architecture and density scale. |
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A generic butadiene extraction process has been created to be selected for site's model when technology provider / licensor is unknown. |
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The description of KBR's Phenol/Acetone process has been updated.
#kbr #phenol #acetone #cumene #oxidation |
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Rotterdam, January 28, 2025 – LyondellBasell (LYB), the world's largest licensor of polyolefin technologies, today announced that Indian Oil Corporation Ltd. (IOCL) has selected its Hostalen Advanced Cascade Process (Hostalen ACP) technology for a new 500 kiloton per year (kta) high-density polyethylene (HDPE) facility in Paradip, India. The new HDPE plant will be integrated into IOCL's Paradip complex, one of India's largest integrated refinery-petrochemical complexes. Located on the eastern coast of India in the state of Odisha, the Paradip facility plays a strategic role in serving the growing polymer market in the Indian subcontinent. The complex, which includes a 15 million tonnes per year refinery, will benefit from the addition of this state-of-the-art HDPE unit to its existing petrochemical operations. |
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HOUSTON, June 20, 2024 -- Bharat Petroleum Corporation Ltd. ("BPCL") has selected Univation's UNIPOL™ PE Process Technology for two world-scale production lines to be located at BPCL's Bina Refinery site in Madhya Pradesh, India, Univation reports. The process designs for the two BPCL's reactor lines are engineered with full production back-fill capabilities to maximize manufacturing flexibility, increase PE resin supply continuity, and enable enhanced responsiveness to emerging marketplace needs. The two BPCL reactor lines will enable production of both high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE) products allowing BPCL to meet their customer demands across a wide range of PE applications essential for Indian markets. |
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Description of the Indian Oil Corporation (IOCL)'s Indmax FCC technology has been updated. |
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July 2, 2018 | KBR SCORE™ Technology Selected for GS Caltex Grassroots Olefins Plant in South Korea 29th Aug 2018 | GS Caltex to Build Olefin Plant in Yeosu for 2.6 Tln Won 11th Nov 2022 | GS Caltex completes construction of $2 billion petrochemicals manufacturing plant. 4th Jul 2024 | Korea’s GS Caltex to debottleneck Yeosu cracker in Sep |
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eni's GELA refinery description has been updated.
#eni #refinery #sicilia #italy #renewables #saf #sustainableaviationfuel |
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As of now, specific details regarding the exact power capacity and startup date for the dam on the Yarlung Zangbo River have not been officially confirmed by Chinese authorities. However, reports suggest that the project is part of China's ambitious plans to significantly expand its hydropower capacity in Tibet, potentially generating tens of gigawatts of electricity. The Yarlung Zangbo River, with its steep gradients and high flow volume, offers substantial hydropower potential. The project is still in the planning and feasibility study stages, and its timeline for construction and operation remains unclear. Given the scale and complexity of such a project, as well as the need for environmental and geopolitical considerations, it may take several years before construction begins and the dam becomes operational. China has emphasized that the project will prioritize sustainable development and consider the interests of downstream countries. However, the lack of detailed information has fueled concerns among neighboring nations and environmental groups. Further updates are expected as the project progresses through planning and approval stages. |
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Many technologies have been identified and added: Some assumptions haven been made based on technologies reported in 2009. . |
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Nicolas, I noticed, this company, with their data is a very good example for showcasing the capabiities of the system. You started modelling the MB. I added the other Assets, but haven't added the Technologies. With the Assets, I did add the Actuals and the Utilization rates. Can you complete the MB, then we can also add the Vis Chart, showing in the Dashboard as well. Interestingly they are showing different Capacities for the years. This we can capture as well, best to copy it from the MB, when it is in the system. Thanks Uwe
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Billionaire Gautam Adani's group has teamed up with Thailand's Indorama Resources Ltd for a foray into the petrochemical business as the ports-to-energy conglomerate looks to expand in adjacencies. |
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ELSHOKAFY, AHMED |
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BASF Zhangiang Verbund Site Progress News ◾️ Linde Press Releases, 8th Feb 2023, Linde Engineering Signed Agreement to Build a Synthesis Gas Plant for BASF in China Linde Engineering will implement the newly awarded contract in a consortium together with its Chinese partner East China Engineering Science and Technology Co., Ltd (ECEC). The two companies have previously worked together in the design and construction of several Rectisol® Acid Gas Removal units in China. For the new BASF project Linde will be acting as consortium leader, including the provision of basic engineering and key equipment. ECEC will be responsible for the detailed design and the construction. ◾️The Paper | 4th Sep 2023 | BASF starts construction of syngas plant at its integrated Zhanjiang site, scheduled to start production in 2025 BASF China's official website reported on September 4 that the syngas unit at BASF's integrated base in Zhanjiang has broken ground. This world-class syngas unit will be fully integrated into the integrated base and is scheduled to be put into production in 2025. ◾️Global Times | Published: 19th Jan 2024 |New BASF plant inaugurated in S.China, ready to supply global market German multinational chemical company BASF on 18th January celebrated the inauguration of its Thermoplastic Polyurethane (TPU) plant at its Zhanjiang Verbund site in South China's Guangdong Province, marking a milestone in the site's initial construction phase, according to a statement sent to the Global Times from BASF on Thursday. The new plant is the largest single TPU production line for BASF globally. It will help to meet market demand in industrial, eMobility and new energy segments, the company said. ◾️China Chemical Market Insights | 24th Jan 2024 |BASF's Zhanjiang Verbund Site: A Milestone in Asia-Pacific’s Chemical Industry Progress in Construction and Technology: ◾️BASF News Releases | 21st Mar 2024 | BASF breaks ground on methyl glycols plant at Zhanjiang Verbund site in China Hong Kong SAR, China – March 21, 2024 – BASF has broken ground on a methyl glycols (MG) plant at its Verbund site in Zhanjiang, China. The new facility is designed with an annual capacity of 46,000 metric tons and aims to meet the rapidly growing demand for brake fluids in the region. The plant is scheduled to commence operations by the end of 2025. Utilizing BASF's unique process technology, the new facility will be the only fully backward integrated methyl glycols plant into a steam cracker in China, serving the fast-growing brake fluids market. ◾️Zhanjiang Ecological Environment Bureau |19th Apr 2024 | Environmental impact assessment document of the first phase of the engineering plastics product optimization project The first phase of the BASF (Guangdong) integrated project engineering plastics product optimization project is located in the first phase of the BASF (Guangdong) integrated project in the Donghai Island Petrochemical Industrial Park in Zhanjiang City. It is a technical transformation project, mainly to adjust the production plan of production lines 1, 2, and 4 in the engineering plastics workshop, increase the production capacity of red phosphorus masterbatch flame retardant products by 11,000 tons/year (8,000 tons/year in the near future, and 3,000 tons/year in the long term), and reduce the production capacity of general PA/PBT/PBAT products by 11,000 tons/year, and the total production capacity of 160,000 tons/year remains unchanged. The technical transformation does not involve the TPU workshop of the first phase of the project, only the product plan of the engineering plastics workshop is adjusted, and its production process has not changed. The types and total usage of the main raw and auxiliary materials remain unchanged, and there are no new water, gas, and heat nodes and wastewater and waste gas nodes. No technical transformation will be carried out on the auxiliary and public works of the existing approved projects.
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2nd Dec 2024 | Sina.com | Author: PROCESS Process Industry On November 29, 2024, BASF launched a new high-density polyethylene (HDPE) brand, EasiplasTM. At the same time, the construction of the high-density polyethylene plant at BASF’s Zhanjiang integrated base also made significant progress. The high-density polyethylene plant under construction at BASF’s Zhanjiang integrated base also recently reached key milestones, including the successful installation of the reactor and product degassing silo, taking another substantial step towards the mechanical completion of the plant. The high-density polyethylene plant at BASF's integrated base in Zhanjiang will start construction in 2023, with an estimated annual production capacity of 500,000 tons, and is scheduled to be put into production at the end of 2025. |
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BASF successfully installed steam cracker module at its Zhanjiang integrated site 20th Nov 2024 | Source: Zhanjiang Cloud Media | Author: Reporter Chen Yan Recently, the steam cracker module of BASF’s Zhanjiang integrated base was successfully installed, marking a new milestone in the construction of the project and taking a solid step towards the goal of putting the integrated core into operation by the end of 2025. Tian Yaqing, senior vice president of integrated project management at BASF's new integrated site in China, said that the modular construction concept adopted by the plant has significant advantages in terms of efficiency, safety and quality. "By using pre-assembled modules, we can simplify the construction process, shorten the project duration and minimize on-site disturbance. This approach not only improves safety through more controlled assembly in a factory environment, but also ensures the stability of the quality of each component." Currently, BASF's Zhanjiang integrated base is making every effort to build its integrated core, including a steam cracking unit and multiple downstream units for the production of petrochemicals, intermediates, etc. |
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Release time: 2023-09-15 15:21:50 Source: Saudi Arabia News (Reprinted by Business Department 3) Saudi Basic Industries Corporation (SABIC, Riyadh, Saudi Arabia) and China Petrochemical Corporation (Sinopec) announced the commercial operation of a new polycarbonate (PC) plant built by the SSTPC joint venture. SSTPC is jointly funded by both parties in a 50:50 ratio. Founded in 2009, Sinopec (Tianjin) Petrochemical is a large petrochemical company with nine world-class chemical, polyethylene (PE) and polypropylene (PP) production plants. The new polycarbonate plant is designed to produce 260,000 tons per year and is an important part of Saudi Basic Industries Corporation's polycarbonate growth strategy in China, which will promote cooperation with international and local customers. |
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A simplified description of SINOPEC's S-STM technology for dehydrogenation of Ethybenzene into Styrene has been added.
#dehydrogenation #eb #ethylbenzene #styrene #sinopec |
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A simplified description of SINOPEC's Liquid Phase Alkylation Technology with Circulation for Ethylbenzene Production (EBLC) technology has been added.
#sinopec #technologylicensing #ethylbenzene #alkylation #benzene |
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Anqing will stop operating its 1.4mn t/yr fluid catalytic cracker (FCC) and 700,000 t/yr deep catalytic cracking unit, which are located near a residential area, for environmental reasons. The project will involve adding a new 3mn t/yr DCC that will enable the refinery to process crude with a higher sulphur content of 1.5pc. Anqing currently produces 30,000 t/yr of polypropylene, 100,000 t/yr of ethylbenzene and styrene and 210,000 t/yr of acrylonitrile, among other products. It will scale up output of these products through the upgrading project. |
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In June 2021, Sinopec's Shanghai Petrochemical registered Shanghai Jinshan Petrochemical Carbon Fiber Co., Ltd., a wholly-owned subsidiary of Sinopec. The new company focuses on breakthroughs and industrialization of carbon fiber technology. It not only participates in the research and development and production of new carbon fiber materials and downstream composite materials, but also involves the operation and after-sales service of the carbon fiber product market. This achievement will help reduce China's dependence on imported large-tow carbon fiber and promote high-quality development of domestic carbon fiber industry. Sinopec Produces China's First Batch of Large Tow Carbon Fiber SHANGHAI, Oct. 14, 2022 – China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully produced China's first batch of large tow carbon fiber at the company's production base in Shanghai, making the company the first in the country and fourth in the world to possess large tow carbon fiber technology. Sinopec's production line has adopted its self-developed PAN (polyacrylonitrile) base large tow precursor and carbon fiber technologies. The project is being implemented in two phases and expects to be in full production in 2024, projecting an annual production capacity of 24,000 tons of protofilament and 12,000 tons of large tow carbon fiber. Large tow carbon fiber refers to roving that contains 48,000 filaments or more. The high-performance material is often referred to as the "king of new material" and "black gold." The product developed and manufactured by Sinopec Shanghai is a new type of high-strength carbon fiber with a carbon content of over 95 percent. It has outstanding excellent mechanical properties and a specific gravity that's less than one fourth of the steel, yet a strength that's seven to nine times stronger. It is also corrosion resistant. As the material can be widely used in producing parts and components, it is expected to be used for an increasing amount of industrial infrastructure projects in China, including ones related to wind power, solar power, high-speed rail, and aviation. "Sinopec has customized a special production line for large tow carbon fiber, including production equipment and techniques, which has enabled us to design oxidizing furnaces and carbide furnaces that revolutionizes not only the core technology of temperature field control, but also has a revolutionary energy-saving design, marking a major milestone in the development of China's carbon fiber industry," said Huang Xiangyu, carbon fiber expert and deputy general manager of Sinopec Shanghai. Sinopec now owns 251 patents related to carbon fiber and 46 patents for carbon fiber composite materials, the largest number in China and third in the world, and through scaled up investment and industrial layout, Sinopec is committed to being a major contributor to the development of China's carbon fiber industry. Oct. 24, 2024 – Shanghai Petrochemical carbon fibre composite experimental base opened. This initiative reflects the requirements and efforts of Chinese conglomerate Sinopec (parent company of Shanghai Petrochemical) to build a world-class carbon fibre industrial base. This will effectively achieve a seamless transition from small trials to pilot trials, and then to industrialised technology development, forming a series of solutions from composite material development to application, and further giving full play to industry, academia and research. At present, a number of experimental production lines have been built or are under construction, including a thermoplastic panel line, a thermoplastic prepreg line, a thermoset prepreg line, a panel pultrusion line, a threaded bar pultrusion line, a fabric pultrusion line and a high-performance resin line. The resin line has pilot and mass production capabilities for composite materials with thermosetting and thermoplastic properties, and diversified preparation processes. In the future, Shanghai Petrochemical says it will continue to improve its technical level and production capacity, actively moving towards the goal of “strengthening and optimising the new materials industry with carbon fibre as the core“. |
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2020: China's first 100,000 tons/year bio-jet fuel unit was completed in Zhenhai Refining and Chemical. (Source) Jan 2022: Zhenhai Refining and Chemical's 1.2 million tons/year ethylene unit produced qualified products. (Source) 28th June 2021: The first phase of Sinopec Zhenhai Base project was completed in Zhenhai, Ningbo, Zhejiang. The commissioning of this project will add 1.2 million tons of ethylene annual production capacity and 4 million tons of refining annual capacity to Zhenhai Refining and Chemical. (Source) 27th Sep 2021: The 4# atmospheric and vacuum unit was put into operation. In 2022, the energy (steam) consumption of the unit dropped from 11.51 kg of standard oil/ton at the initial start-up to 9.45 kg of standard oil/ton, with significant energy-saving and consumption-reducing effects. 6th Jan 2022; The No. 2 propylene oxide styrene (POSM) unit of Zhenhai Base was successfully put into trial operation. 7th Jan 2023: 18th Oct 2024: Sinopec Ningbo Project EPC General Contracting, Zhenhai Base Phase II Project Double Hydrogenation Unit Delivery! The 1.5 million tons/year jet fuel hydrogenation and 4 million tons/year wax oil hydrogenation units at Sinopec Zhenhai Base have passed the acceptance inspection. (Source) 21st October 2024: The mechanical completion of the 11 million tons/year atmospheric and vacuum distillation unit of the second phase of the Zhenhai base was achieved. This project is the leading unit of the second phase of the base's refining project, and it is also the atmospheric and vacuum distillation unit with the largest crude oil processing capacity of Zhenhai Refining and Chemical. (Source) 30th August 2024: The first batch of main and supporting projects of the Zhenhai Base Phase II - aromatics extraction, catalytic gasoline hydrogenation, and pressure tank area - achieved mechanical completion. So far, the overall schedule of the Zhenhai Base Phase II project has been completed by 95%, and the project construction is stable and orderly. (Source) 23rd Nov 2024: The 1.5 million tons/year No. 2 aviation kerosene hydrogenation unit of the second phase of Zhenhai Base successfully introduced raw aviation kerosene, marking that the first unit of the second phase of the base has entered the feeding test run stage. (Source) |
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Yangzi-BASF Light Hydrocarbon Comprehensive Utilization Project with 1 million tonnes steam cracker begins construction, receives environmental impact assessment. |
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The oil conversion of the two Chinese oil companies SINOPEC and PETROCHINA has accelerated. Nowadays, it is imperative for traditional fuel-based refineries to transform into chemical-based refineries. In recent years, Sinopec and PetroChina have accelerated their transformation from oil refining to new chemical materials. Typical Enterprises of PetroChina in Reducing Oil and Increasing Chemicals On October 31, PetroChina held a 2024 third quarter performance briefing in Shanghai, mentioning that in the first three quarters of 2024, the commodity volume of China's petrochemical products was 28.643 million tons, a year-on-year increase of 9.7%. The output of new materials was 1.618 million tons, a year-on-year increase of 62.6%. This data shows that PetroChina has achieved outstanding results in the field of refining and new materials industry by reducing oil and increasing chemicals. In 2023, the output of new materials of China's petrochemical industry was 1.37 million tons, a year-on-year increase of 60%, and the refining and new materials business achieved an operating profit of 36.94 billion yuan. 01 | Jilin Petrochemical At present, the Jilin Petrochemical Refining and Chemical Transformation and Upgrading Project with a total investment of 33.9 billion yuan is accelerating. It is expected that 18 main units and 142 small overall projects of the transformation and upgrading project will be delivered before November 30. Before the end of the year, all 21 units will be delivered, and the project will be fully put into production in 2025. After it is put into production, it can achieve an increase of 2.8 million tons of chemical products per year. After the project is put into production, while maintaining the crude oil processing capacity unchanged, it can achieve a reduction of 2.63 million tons/year in oil product output and an increase of about 2.77 million tons/year in chemical products. The effect of "reducing oil and increasing chemicals" is significant; especially after the ABS production capacity reaches 1.8 million tons/year, it will rank first in China and third in the world, highlighting the advantages of the industrial chain; new high-value-added chemical products and new materials such as EVA, bisphenol A, and butadiene rubber will be added. Jilin Petrochemical has developed a high-end ABS product with high impact resistance, which is the only ABS product in China that meets the technical requirements of national and American standards for Class A helmets. This product not only meets the rigidity and toughness requirements, but also has good low temperature resistance. In an environment of -30℃, it has the same impact resistance as ordinary helmets at room temperature. 02 | Daqing Petrochemical In November 2020, Daqing Petrochemical's refining structure adjustment, transformation and upgrading project, including 1.2 million tons/year continuous reforming unit, 2 million tons/year catalytic cracking unit and 12 other main units and 29 supporting public works and auxiliary facilities, were fully completed and put into operation. At present, Daqing Petrochemical's ethylene unit de-bottleneck and downstream supporting projects have been completed and handed over, with a total ethylene production capacity of 1.38 million tons/year, and the ethylene energy consumption of the E3 unit has dropped to less than 587.5 kg of standard oil/ton, reaching the industry's energy efficiency benchmark level. Daqing Petrochemical has strengthened cooperation with scientific research institutes and implemented major CCUS scientific and technological projects. The on-site application of the independent technology of new coke-suppressing furnace tubes has achieved good results, and promoted the high-quality development of enterprises through technological progress. Carry out research on the localization of catalysts, and 4 imported catalysts have been replaced by domestic products for the first time. In terms of new materials, Daqing Petrochemical actively implements the new material acceleration project and strives to create a "product giant". In 2023, Daqing Petrochemical will develop 7 new products such as lithium battery diaphragm materials and Zhongmenni chlorinated polyethylene type B materials, and increase the output of 19 new (high-efficiency) products such as 19G and 2820D by 522,000 tons, and produce 11 new material products with grades such as DQDN3711 and UH060P, etc. 40,800 tons. In the first half of this year, it continued to expand the production of new (high-efficiency) chemical products such as DQDN3711 and 19G, and successfully developed 4 new products such as QL505PR and special functional fibers. 03 | Dushanzi Petrochemical At present, Dushanzi Petrochemical is accelerating the construction of the Tarim 1.2 million tons/year Phase II ethylene project, which will quickly release 1.2 million tons of polyethylene, 450,000 tons of polypropylene, and 100,000 tons of rubber production capacity. At the same time, it can provide 400,000 tons of raw materials per year to drive the development of the downstream industrial chain. The Tarim 1.2 million tons/year Phase II ethylene project adheres to the innovative and green construction concept and has built 11 major production units, 10 of which use domestic technology (9 use China Petroleum’s own technology); it maximizes the use of domestic technology and localized equipment, with a localization rate of 99%. At the end of October this year, the first domestically produced dual-end functionalized solution-polymerized styrene-butadiene rubber SSBR3540 F was successfully started up at the 240,000 tons/year SSBR/SBS rubber unit of PetroChina Dushanzi Petrochemical , filling the domestic gap. Currently, the production capacity of solution-polymerized styrene-butadiene rubber of Dushanzi Petrochemical has reached 160,000 tons/year. 04 | Lanzhou Petrochemical On June 3, the feasibility study report of the Lanzhou Petrochemical Company's transformation and upgrading ethylene renovation project (million-ton ethylene project) was approved by the China National Petroleum Corporation Party Committee Meeting, marking a key breakthrough in the project's advancement. Lanzhou Petrochemical Company's transformation and upgrading ethylene renovation project eliminated 240,000 tons/year of obsolete ethylene production capacity, optimized 460,000 tons/year of ethylene, carried out 1.2 million tons/year of ethylene renovation, and built and put into use projects such as medical materials and high-end electronic protective film material production equipment, to comprehensively create a million-ton new material base. After years of continuous optimization and adjustment of its structure, Lanzhou Petrochemical has formed an integrated refining and chemical production structure, with an annual ethylene output of 1.5 million tons, nitrile rubber production capacity ranking third in the world and second in Asia, and medical polypropylene RP260 filling the gap in the domestic medical material market. In 2024, Lanzhou Petrochemical will successfully produce metallocene ultra-low density polyethylene mPE1012 for the first time; produce the first batch of 220kv high-voltage cable material products CL2140P, breaking technical barriers; and implement the conversion of nitrile rubber NBR2805G and other brands in the rubber field. At present, Lanzhou Petrochemical's new material products have covered many high-tech industries such as medical polyolefins, automotive polyolefins, and metallocene polyolefins. 05 | Guangxi Petrochemical The Guangxi Petrochemical Refining and Chemical Integration Transformation and Upgrading Project plans to build an ethylene refining unit with an annual capacity of 1.2 million tons and corresponding supporting facilities, including 14 chemical units and 2 refining units. It will promote the transformation of Guangxi Petrochemical from a "fuel type" to a "chemical product and organic material type", and realize the transformation from the refining-based refining and chemical basic industry to the "basic + high-end" energy and chemical material modernization. The total investment of the project is 30.5 billion yuan. After completion and production, it can reduce oil products by 3.49 million tons and increase chemical products by 3.06 million tons each year. 06 | Guangdong Petrochemical As the world-class project with the largest one-time construction scale in China, the Guangdong Petrochemical Refining and Chemical Integration Project was fully put into production on February 27, 2023. This project is the largest refining and chemical project invested by PetroChina at one time, with a project scale of 20 million tons/year of refining + 2.6 million tons/year of aromatics + 1.2 million tons/year of ethylene, forming a unique deep processing route for heavy and inferior crude oil in the refining and chemical business, realizing "oil where oil is suitable, aromatics where aromatics are suitable, olefins where olefins are suitable". Inventory of Typical Sinopec Enterprises Reducing Oil and Increasing Chemicals Sinopec actively responded to the low point of the chemical industry's business cycle, adhered to the "basic + high-end" approach, continued to promote the diversification of raw materials, increased efforts in the development of new materials and high value-added products, and expanded the space for creating benefits. Vigorously promote the development of domestic and overseas markets, strengthen strategic customer cooperation and product customization services. In the second half of the year, it is planned to produce 6.85 million tons of ethylene. The main investment projects of refining and chemical are: 01 | Zhenhai Refining and Chemical The Zhenhai Refining and Chemical Expansion Project (Phase II) mainly includes the construction of a new 11 million tons/year refining plant, a 600,000 tons/year propane dehydrogenation plant and downstream processing units. The project will start construction in June 2022 and is scheduled to be delivered in December 2024. On August 30, 2024, the first batch of main and supporting projects of the Zhenhai Base Phase II - aromatics extraction, catalytic gasoline hydrogenation, and pressure tank area - achieved mechanical completion. So far, the overall schedule of the Zhenhai Base Phase II project has been completed by 95%, and the project construction is stable and orderly. The Zhenhai 1.5 million tons/year ethylene and downstream high-end new materials industry cluster project mainly includes the construction of a new 1.5 million tons/year ethylene unit and downstream processing units, as well as supporting public works and auxiliary facilities. The project will start in November 2023 and is scheduled to be delivered in mid-2026. The project is funded by its own funds and bank loans. As of June 30, 2024, a total investment of RMB 2.8 billion has been completed. 02 | Tianjin Base The Tianjin Nangang Ethylene and Downstream High-end New Materials Industry Cluster Project mainly includes the construction of a new 1.2 million tons/year ethylene plant and downstream processing units. The project is a key project of the country's "14th Five-Year Plan" with a total investment of over 30 billion yuan. It will extend its development downstream with a 1.2 million tons/year ethylene plant as the leader, and will build 13 sets of production units such as high-density polyethylene and linear low-density polyethylene. In addition, the 260,000 tons/year polycarbonate (PC) project of Sinopec (Tianjin) Petrochemical Co., Ltd. will be put into commercial operation in Tianjin Nangang Industrial Zone in 2023. This project is another fruitful result of the joint venture between Sinopec and Saudi Basic Industries Corporation (SABIC) after the million-ton ethylene project. It will further meet the growing domestic PC market demand and promote the rapid development of the high-end new materials industry. 03 | Maoming Petrochemical The project mainly includes the construction of a 3 million tons/year catalytic cracking complex, a 1 million tons/year ethylene complex, and supporting public works and auxiliary facilities. The project will start in June 2023 and is scheduled to be delivered in mid-2026. This project is a key project for Maoming Petrochemical to promote new industrialization, promote high-end, intelligent and green manufacturing, and achieve the fourth leap-forward development. After all the units are put into use, the system processing capacity will increase by nearly 100% year-on-year, meeting the circulating cooling water needs of the five production units in operation and the subsequent No. 3 ethylene unit and auxiliary facilities. 04 | Hainan Refining and Chemical On February 21, 2023, Hainan Petrochemical's 1 million tons/year ethylene and refining expansion project successfully completed the entire process, and each unit was successfully started up with one feed. The project is a key engineering project of Hainan Province and Sinopec. It mainly includes a 1 million tons/year ethylene cracking unit and a total of 10 downstream chemical units. During the construction period, it has created jobs for more than 30,000 people, and has driven the establishment of downstream industries such as Hainan Baling New Materials Company and Oak Chemical Company, and promoted Hainan Liansu and other four companies to extend the industrial chain. 05 | Anqing Petrochemical On July 6, 2023, with the 400,000 tons/year ethylbenzene-styrene unit producing qualified products, all units of the Anqing Petrochemical Refinery Conversion Plant Structural Adjustment Project were successfully started up safely and environmentally friendly at one time. The project is led by a 3 million tons/year heavy oil catalytic cracking unit. By increasing the production of light olefins and aromatic raw materials to produce high-value-added chemical products, it effectively enhances the adaptability and flexibility of the company's production structure to changes in demand, and explores a development path for domestic refining companies to cope with overcapacity and achieve transformation and upgrading. Among them, the 3 million tons/year heavy oil catalytic cracking unit is the world's first RTC process heavy oil catalytic cracking unit, and the 400,000 tons/year ethylbenzene-styrene unit is currently the largest dry gas method ethylbenzene unit in China. 06 | Shanghai Petrochemical As China's first 10,000-ton 48K large-tow carbon fiber project, Shanghai Petrochemical's 24,000 tons/year raw fiber and 12,000 tons/year 48K large-tow carbon fiber project. The first domestic production line was put into operation in October 2022 and produced qualified products, marking that Sinopec's large-tow carbon fiber has successfully moved from key technology breakthroughs, industrial trial production, and industrialization to scale and localization of key equipment, breaking the passive situation of my country's carbon fiber production and equipment being controlled by people, and truly realizing independent control. 07 | Baling Petrochemical On December 15, 2023, Line A of Baling Petrochemical's 600,000 tons/year caprolactam industry chain relocation and upgrading transformation and development project was completed and successfully started up at one time, marking the completion and production of the world's largest single-unit caprolactam production and research and development base with leading technology, opening up a new path for the green transformation and development of heavy chemical industry along the river. The project adopts Sinopec's new generation of caprolactam green complete set of new technologies with independent intellectual property rights, and realizes industrial application for the first time. The project construction includes 58 sets of new coal gasification, caprolactam, polyamide, synthetic ammonia, hydrogen peroxide, cyclohexanone and other equipment, covering the entire industrial chain from coal-to-hydrogen to polyamide, with a localization rate of 99.9% of the equipment, including the central control system, which is completely localized. 08 | Kuche Green Hydrogen Demonstration Project On August 30, 2023, the Kuche Green Hydrogen Demonstration Project was fully completed and put into operation. This is the first project in my country to achieve the full industrial chain of 10,000-ton green hydrogen refining and chemical production. It has an annual hydrogen production capacity of 20,000 tons by water electrolysis, a hydrogen storage capacity of 210,000 standard cubic meters, and a hydrogen transmission capacity of 28,000 standard cubic meters per hour. It is the largest photovoltaic power generation direct green hydrogen production demonstration project built using the abundant solar energy resources in western my country. The green hydrogen produced by the project is transported to Tahe Refining and Chemical through pipelines to replace natural gas hydrogen production, which can reduce carbon dioxide emissions by 485,000 tons per year. The project will build new photovoltaic power generation, water electrolysis hydrogen production, green hydrogen storage and transportation equipment, as well as public works and supporting auxiliary production facilities. The major equipment and core materials such as photovoltaic components, electrolyzers, hydrogen storage tanks, hydrogen pipelines, etc. are all domestically produced, which is of great significance to promoting the rapid development of the domestic hydrogen production equipment industry. Source: Jilin City, China Petroleum News, China Petrochemical News, Super Petrochemical, official websites of various companies, China Chemical Information Weekly |
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With a total investment of 27.8 billion yuan, a new million-ton ethylene project was launched. |
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Petrochina Daqing Petrochemical has been created and its site's mass balance initialized.
#daqing #petrochina #petrochemical #massbalance #refining #crudeoil #ethylene #steamcracking #heilongjiang |
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Jianghan Salt Chemical Fine Chemical and Supporting Engineering Project Started to Promote the Development of Hubei Salt Chemical Industry Cluster Hubei Daily 2024-09-20 18:31:05 Hubei Daily News (Reporter Huang Lu, Correspondents Sun Yilin and Feng Jun) On September 20, Qianjiang held a concentrated start-up event for major projects in the third quarter of 2024, among which the Jianghan Salt Chemical Fine Chemicals and Supporting Engineering Project with a total investment of 10.8 billion yuan was announced to start construction. |
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July 16, 2024 21:34 Source: China Petroleum & Chemical Corporation Author: Xie Jiang, Xie Hui, Zhang Jinfeng Jianghan Salt Chemical Industry leverages its own brine resource advantages to extend the salt chemical industry chain and provide high-quality raw materials for park enterprises. Sinopec Jianghan Salt Chemical Hubei Co., Ltd. (Jianghan Salt Chemical for short) combines its own advantages in resources, technology and products with the local government's preferential policies for attracting investment, attracting leading enterprises in the industry to set up factories nearby, forming the Jianghan Salt Chemical Industrial Park with upstream and downstream integration. So far, three major industrial areas have been built in the Jianghan Salt Chemical Industrial Park, namely the New Chemical Industrial Park, Changfei Qianjiang Science and Technology Park and Qianjiang Microelectronics Industrial Park, with a total of 26 companies settled in. In 2022, the total sales of Jianghan Salt Chemical's products in the Jianghan Salt Chemical Industrial Park will exceed 200 million yuan, setting a historical record. Expanding sales channels for salt chemical by-products "Qianjiang City vigorously promotes the construction of Jianghan Salt Chemical Industrial Park. It is urgently needed for the salt chemical industry to further improve resource-based products and services such as chlorine, hydrogen, and steam to drive and promote regional economic development. At present, the 'implementation of salt chemical fine chemicals and supporting projects' has been written into the 2023 government work report. The Municipal Party Committee and Municipal Government have also provided us with a good development environment for strengthening, optimizing and expanding the salt chemical industry." At the beginning of the year, Jianghan Salt Chemical Industry held a staff representative meeting to conduct a serious analysis of the development environment. Brine resources are unique to Jianghan Oilfield and stand out in the Sinopec system. Sinopec Jianghan Oilfield salt rock resources are buried 1,000 to 3,000 meters underground, with a thickness of more than 2,000 meters. Jianghan Salt Chemical is a comprehensive chemical enterprise built by Jianghan Oilfield using underground brine resources. Brine is extracted from underground and transported to Jianghan Salt Chemical through pipelines. While producing refined salt and edible salt, it electrolyzes brine to produce chlorine, caustic soda, hydrogen and other salt chemical by-products, which are sold as chemical raw materials and fuels. The sales of these salt chemical byproducts once troubled them. Take hydrogen as an example. When the plant was built, the annual output was only a few hundred tons. Due to the limitations of transportation volume and radius, and insufficient market development, most of the hydrogen was directly discharged, except for a small part of it compressed into steel cylinders for export. With the development of salt chemical industry over the years, the scale of production equipment has been continuously expanded. The annual output of chlor-alkali equipment has reached 200,000 tons, and the annual output of hydrogen has reached 5,000 tons. Integrated industrial chain attracts enterprises to settle in Over the past decade, with the implementation of the country's "Broadband China" strategy, the demand for optical fiber preforms has continued to grow, the demand for hydrogen needed to make optical fiber has increased sharply, and related industries have developed rapidly. Changfei Optical Fiber Company is the world's leading supplier of optical fiber preforms, optical fibers and optical cables. Optical fiber manufacturing consumes a large amount of hydrogen, caustic soda and chlorine. In 2015, Jianghan Salt Chemical Industry took the initiative to connect with the company. After the company settled in, optical fiber giants such as Japan's Shin-Etsu and France's Air Liquide settled here. Around these optical fiber companies, the first industrial area in Jianghan Salt Chemical Industrial Park, Changfei Qianjiang Science and Technology Park, was born. "What attracted us is the complete integrated industrial chain here," said Song Xianjun, director of the management committee of the Changfei Qianjiang Science and Technology Park. Hydrogen is a flammable and explosive gas that is inconvenient to transport over long distances. Jianghan Salt Chemical Industry has greatly reduced transportation risks through pipeline transportation and effectively reduced the production costs of enterprises, thus attracting many high-tech enterprises to settle here. In addition to hydrogen, other salt chemical byproducts such as caustic soda and steam have also found stable sales channels in the park. Pipelines like silver dragons fly in the air, winding from Jianghan Salt Chemical to the Jianghan Salt Chemical Industrial Park across the river, connecting with many world-renowned optical fiber manufacturers. In addition to the advantages of the industrial chain, the park's powerful resource recycling system also attracts enterprises. How to deal with the large amount of high-salt wastewater in production is a major problem faced by enterprises. "The extraction of brine from underground requires a large amount of fresh water. We repeatedly treat the wastewater to meet the use standards and then use it for brine extraction. This not only solves the wastewater treatment problem of enterprises in the industrial park, but also reduces the use of fresh water." said Chen Xufeng, deputy director of the Safety and Environmental Protection Department of Jianghan Salt Chemical Industry. In addition, the waste liquid dilute hydrochloric acid produced in the production of YOFC is recycled by Jianghan Salt Chemical through pipelines, reacting with the by-product liquid produced by the bleaching powder concentrate device to release chlorine, which is then dehydrated and pressurized to become commercial chlorine. Through this process, the company can produce 22 tons of chlorine per day, thus realizing the reuse of by-products. Provide high-quality raw materials for enterprises in the park Today, several by-products of Jianghan Salt Chemical Industry have gone from being "useless" to "hot", with sales exceeding 50 million yuan in 2022. Among them, chlorine is mainly supplied to enterprises in the park to produce silicon tetrachloride; hydrogen, after purification, is used as raw materials together with caustic soda, steam, silicon tetrachloride, etc. to manufacture optical fiber preforms; sulfuric acid, hydrochloric acid, etc. are used as raw materials to manufacture photoresist cleaning fluid. In order to provide high-quality raw materials to enterprises in the park, Jianghan Salt Chemical Company maintains close communication with important customers, downstream enterprises in the park, and various operation departments, rationally allocates resources, and ensures the balance of large systems, with a focus on the balance of the chlor-alkali hydrogen system, the balance of the water system, and the balance of the steam system, in order to ensure the balance of the park and high-load operation of production equipment. "The production of chip-grade high-purity hydrogen peroxide requires steam to maintain a constant temperature and humidity in the production plant, and it participates in heat exchange, heating or product drying in the process," said a relevant person in charge of a microelectronics materials company. For many years, chip-grade high-purity hydrogen peroxide has been a "bottleneck" process material for the semiconductor industry. With the first phase of Jingrui (Hubei) Microelectronics Materials Co., Ltd. put into production in Jianghan Salt Chemical Industrial Park, the stable and high-quality steam supply in the park has effectively guaranteed the smooth operation of the high-purity hydrogen peroxide production equipment, breaking the foreign monopoly of chip-grade high-purity hydrogen peroxide production technology and realizing the localization of chip-grade high-purity hydrogen peroxide. At present, the products of upstream and downstream enterprises in the park complement each other, forming a mutually beneficial and win-win development model with Jianghan Salt Chemical as the leader, close connection between the beginning and the end, sharing of corporate resources, and recycling of materials, with a complete industrial chain and high economic efficiency. After years of development, the park has shown a good trend of concentrated development and has achieved four world firsts, namely, the world's largest optical fiber preform production base, the optical fiber industry cluster with the most complete global industrial chain, the world's largest gas-melting quartz material production base, and the world's largest optical fiber supporting quartz material production base. It has formed the world's most complete rod fiber industry chain in Qianjiang City, changing the development pattern of Qianjiang City's single industrial structure and heavy type. Because there are many world-renowned optical fiber production companies in Jianghan Salt Chemical Industrial Park, Wangchang Town where the industrial park is located has also gained the reputation of "Optical Fiber Town". In 2022, as more companies settled in the park, Jianghan Salt Chemical accelerated the renewal and upgrading of its equipment. On November 18, 2022, the 100,000 tons/year electrolysis equipment renewal and technical transformation project (50,000 tons of electrolytic cells in advance) was successfully put into operation. After the project is fully put into use, it can increase hydrogen production by 2,500 tons per year, further meet the production needs of downstream companies, and empower the development of the park. #sinopec #china #salchemical #qianjiang #jianghan #chloralkali #causticsoda #hydrogen # |
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Bluestar (Beijing) Chemical Machinery Co., Ltd., a producer of electrolysis technology and a special equipment manufacturing technology, has been added. 1. Complete electrolysis equipment. |
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2024-08-09 12:35:58 Source: Tianshan Net - Xinjiang Daily Original Tianshan Net-Xinjiang Daily (reported by reporter Shi Xin) At present, the construction site of Xinjiang Zhongtai New Materials Co., Ltd.'s resource-based comprehensive utilization of methanol upgrading demonstration project is crowded with people and roaring machines. Construction personnel are working hard and efficiently to advance the project towards the October 30 deadline. The project is an important project of Xinjiang Zhongtai New Materials Co., Ltd. (hereinafter referred to as "Zhongtai New Materials Company") in the modern coal chemical industry planning. It is located in Toksun County with a total investment of 5.991 billion yuan. The project makes full use of the characteristics and advantages of coal chemical industry, uses the by-product screening residues (coal powder and coke foam) of the company's semi-coke device as gasification raw materials, and turns low-value materials into production raw materials, thereby increasing their added value, extending the industrial chain, realizing the resource utilization of waste, and improving the development level of the coal classification and quality utilization industry. At the same time, lignite tail gas (raw coal gas) can be purified to produce hydrogen, and using hydrogen as raw gas for synthesizing methanol can reduce raw coal consumption and carbon dioxide emissions. On July 23, the first methanol synthesis tower of the project was successfully hoisted, marking the full entry into the peak stage of installation. At present, Zhongtai New Materials Company is scientifically formulating construction plans and accurately reversing construction plans with the project general contractor, construction unit, and supervision unit under the premise of ensuring quality and safety. Ma Kui, Party Secretary and Chairman of Zhongtai New Materials Company, said that the implementation of the project can promote the comprehensive utilization of resources locally and nearby. After it is put into production, it can form mutual support between the internal industries of Xinjiang Zhongtai (Group) Co., Ltd., continuously enhance the overall competitiveness and stability of the industrial chain, and meet the methanol demand of Xinjiang fine chemicals and new chemical materials enterprises, while also creating 800 jobs. [Editor: Liu Hai] #coaltomethanol #coal #newmaterials #zhongtai #turpan #china #xinjiang |
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Market Information at 10:36, November 22, 2024 | Sina Finance APA Tianchen Company is mainly responsible for the construction of the air separation and gasification units of the project. The air separation unit is equipped with two sets of 60,000 standard cubic meters/hour space separation equipment, and the gasification unit is equipped with three 286,331 standard cubic meters/hour (CO+H2) synthesis gas gasifiers. It is reported that since the start of the project, the Xinjiang Zhongtai Project Department has fully mobilized various resources, leveraged its project management advantages, led all participating units to overcome difficulties, promoted high-standard and high-quality construction of the project, and successfully completed the contract schedule goals. |
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Xinjiang Zhongtai Chemical's 1 million ton coal-to-methanol project. On September 10, 2024, the Xinjiang Zhongtai New Materials Project substation constructed by the Xinjiang Branch of Sinochem Second Construction Group Co., Ltd. successfully received power for the first time, which was well received by all parties. The completion of this key node laid the foundation for the single-unit commissioning. The Xinjiang Zhongtai Resource Comprehensive Utilization Methanol Upgrading Demonstration Project mainly constructs 1 million tons / year methanol and 18,900 tons / year sulfuric acid production lines, as well as air separation units , gasification units, low-temperature methanol-washed synthesis gas purification units, methanol synthesis units and supporting units. The Xinjiang Zhongtai New Materials Resource Comprehensive Utilization Methanol Upgrading Demonstration Project is located in Tongxin Industrial Park, Alehui Town, Toksun County, Xinjiang. The planned total investment is about 5.99 billion yuan. The waste gas and screenings (coke powder and coal foam) produced by the semi-coke unit built by Zhongtai Group in Toksun County are used as raw materials to build a 1 million tons / year methanol project. The gasification unit is equipped with 3 Jinhua furnaces 3.0 , which mainly produce 286.331Nm3/h ( CO+H2 ) of synthetic gas , with an annual operating time of 8,000 hours, 2 in operation and 1 in standby. |
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Xinjiang Zhongtai Chemical's annual production of 250,000 tons of PVC and 220,000 tons of caustic soda project was completed and put into production. It is reported that the total investment of the Zhongtai Mahatma Energy PVC Phase II project is about 2.7 billion yuan. Construction started in October 2012. After Zhongthai Chemical reorganized Mahatma Energy in September 2015, Zhongtai Chemical transferred in the management team to optimize the design and speed up the project construction. The project was put into trial operation on October 30, 2016. The project adopts modular design, with compact equipment layout, clear functional division and centralized control. In addition to advanced equipment, the newly developed double-effect evaporation process technology has been added to realize the recycling of wastewater, and the wastewater treatment has achieved recycling and zero emission. After the project is put into production, it will form a production capacity of 500,000 tons of PVC and 400,000 tons of caustic soda projects, drive the production of calcium carbide and power generation, and the mining of coal, salt, and lime, realize "industrial integration, investment concentration, resource intensiveness, and benefit concentration", and form a coal-electricity-salt circular economy industrial chain. It can add an annual sales revenue of 1.83 billion yuan and an annual profit and tax of 368 million yuan, solve the employment of more than 700 local people, transform Turpan's advantageous resources into economic advantages, drive the employment of local employees of all ethnic groups and the development of the tertiary industry, and promote economic and social development and social stability. On the same day, the high-performance resin industrial park of Toksun Energy Chemical Company, which was also started, was a special new material project determined by Zhongtai Chemical to be built in the southern area of Toksun Industrial Park in order to change the current situation of single calcium carbide PVC product structure, only general varieties, and lack of special and special functional resins, and to achieve structural and transformation and upgrading. The terminal market products of the project are: special material resin for bulk method refers to special material resin for high-transmittance film bag, chlorinated polyvinyl chloride resin, 100,000 special paste resin, 50,000 tons/year CPE (or 30,000 tons/year CPVC), composite functional resin, solid sodium hydroxide, liquid chlorine, sodium hypochlorite, hydrochloric acid, etc. The project investment is about 2.7 billion yuan, and the annual sales after production is expected to be 2.9 billion yuan, which can provide employment for 1,300 people. Zhang Wenquan, secretary of the Turpan Municipal Party Committee, said that the completion of the second phase of PVC and caustic soda projects and the launch of the high-performance resin industrial park construction project marked a new level in the economic development of Toksun County. It also marked that Turpan City has taken another solid step in the journey of economic transformation and upgrading. It is also a concrete manifestation of leading the new normal of the economy and releasing new economic momentum. Zhongtai Shengxiong Energy, formerly Xinjiang Shengxiong Energy Co., Ltd., was established in 2006. It mainly engages in mineral resource development, calcium carbide, PVC, caustic soda, building materials, etc. It completed an investment of more than 10 billion yuan in 2014. With the rapid expansion of the company's investment scale, the debt ratio continued to rise. In addition, after the project was put into production, the market price of the terminal product PVC continued to be sluggish, and financial institutions tightened their credit. The company faced serious difficulties in subsequent development funds. In 2014, under the coordination and promotion of government departments at all levels in Xinjiang Autonomous Region and the CPC Turpan Municipal Committee and Government, and the CPC Toksun County Committee and Government, Zhongtai Group began to discuss restructuring matters with Mahatma Energy. Finally, in September 2015, Zhongtai Group formally completed the strategic restructuring of Mahatma Energy. In the more than one year since the restructuring, the company has paid off a total of about 1.086 billion yuan in debts. In October 2016, the company began to make a small profit, turning losses into profits since the restructuring. |
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Recently, the Ministry of Industry and Information Technology’s official website announced that Mahatma Energy’s Chlor-Alkali Plant was listed in the list of “leaders” in energy efficiency in key industries across the country with its unit product energy consumption index of 151.91 (kgce/t) for the calcium carbide method (general type) in the polyvinyl chloride industry. This honor is not only a recognition of Mahatma Energy’s achievements in energy efficiency management, but also reflects that Zhongtai Group has taken solid steps on the road to sustainable development. "At present, Mahatma Energy Chlor-Alkali Plant has adopted advanced energy-saving technologies, continuously optimized production processes, and continuously improved resource utilization efficiency and reduced energy consumption and carbon emissions through projects such as cascade utilization of wastewater and recovery of waste heat from boiler flue gas." said Liu Kai, director of the Technical Department of Mahatma Energy Chlor-Alkali Plant. In recent years, Mahatma Energy Chlor-Alkali Plant has always adhered to the core concept of green manufacturing, energy conservation and carbon reduction, and has implemented it throughout all aspects of the company's production and operation. By widely carrying out mass quality management, "Five Smalls" mass innovation, and all-staff "Golden Ideas" and other activities, it has stimulated employees' vitality to actively participate in innovation, encouraged employees to give full play to their creativity, and brought technological innovation and production improvements to the company. In 2024 , Shengxiong Energy Chlor-Alkali Plant will continue to increase investment in energy-saving and emission-reduction innovation projects in the transformation of high-current-density bipolar zero-gap natural circulation electrolyzers and comprehensive utilization of waste heat, further promote technological innovation and industrial upgrading, and effectively improve the company's energy efficiency management level. At the same time, it will actively cooperate and communicate with advanced companies in the industry, learn from advanced experience and technology, and make greater contributions to achieving the company's sustainable development goals. |
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21st Oct 2024, Source According to the financial news on October 21, ST Zhongtai disclosed the investor relations activity record sheet, which shows that according to the relevant provisions of the "Shenzhen Stock Exchange Listing Rules", the company will apply to the Shenzhen Stock Exchange for the cancellation of other risk warnings within twelve months from the date of receipt of the "Administrative Penalty Decision". In addition, in order to increase its shareholding ratio in Mahatma Energy and realize industrial integration, the company acquired the shares of some shareholders of Mahatma Energy and included them in the company's consolidated financial statements in July 2024. The company's current PVC production capacity is 2.6 million tons/year and caustic soda production capacity is 1.86 million tons/year. This article comes from: Financial AI Telegraph Author: Telegraph #pvc #causticsoda #chloralkali |
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Alkylation unit based on Chevron's ISOALKY process, with its production capacity, has been added to SDalt Lake City refinery.
#chevron #isoalky #alkylation #alkylate #gasoline #fuelblending #uop #saltlakecity |
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EuroChem's founder Andrey Melnichenko beneficially held 90% of EuroChem Group AG shares until 9 March 2022, when he resigned as Non-Executive Director of the Board of Directors, and withdrew as the main beneficiary “to ensure EuroChem is able to continue providing millions of people around the world with nutrients for agriculture, helping to underpin global food security”. |
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The relocation project of PetroChina Dalian Petrochemical has a long history. ▶In 2013, the National Development and Reform Commission proposed the "Petrochemical Industry Planning and Layout Plan (Draft for Comments)" to arrange a total of seven petrochemical industrial bases across the country. Among them, Dalian Xizhongdao (Changxing Island) Petrochemical Park, as an important part and professional park of the national economic and technological development zone - Changxing Island Economic and Technological Development Zone, has become the first choice for Dalian Petrochemical to relocate. ▶In 2014, the Environmental Impact Report of the 15 million tons/year Russian oil processing project of the Changxing Island Refining and Chemical Project (Phase I) of China Petroleum Dalian Petrochemical Company was published online. The environmental impact assessment report shows that China National Petroleum Corporation and the Dalian Municipal People's Government have signed the "Dalian Changxing Island Refining Project Cooperation Framework Agreement", planning to relocate the 2050×10 4 t/a crude oil processing capacity of China Petroleum Dalian Petrochemical Company to Changxing Island. This project processes 15 million tons of imported Russian crude oil per year. According to the China Petroleum plan, the Changxing Island Refining and Chemical Project belongs to the relocation and transformation project of Dalian Petrochemical Company. The project will be built in phases, with the first phase being new construction and the second phase being relocation. ▶On November 20, 2022, the Dalian Municipal Government and China National Petroleum Corporation held a signing ceremony for the cooperation framework agreement on the relocation and transformation project of Dalian Petrochemical. It is reported that the Dalian Petrochemical relocation project will be built in two phases at the Xizhongdao Petrochemical Industrial Base. The first phase will build a new 10 million tons/year refining and 1.2 million tons/year ethylene project, and strive to be completed and put into production in 2024. Subsequently, the second phase of the relocation project will be launched. After all are completed and put into production, the final production capacity of 20 million tons of refining and 2.4 million tons of ethylene will be achieved in Xizhongdao. This production capacity is basically equivalent to the current atmospheric and vacuum production capacity of Dalian Petrochemical; data shows that Dalian Petrochemical's ethylene production in 2023 will be 1.5 million tons, and the ethylene production capacity will increase by 900,000 tons after the relocation. ▶In March 2024, Dalian City and China National Petroleum Corporation held a working consultation meeting in Beijing. The two sides reached an agreement on the relocation time limit and the construction of the Dalian Changxing Island (Xizhong Island) new plant project. The Dalian Petrochemical relocation and upgrading project has made substantial progress. At present, the preliminary work of the new refining and chemical project is being accelerated. According to the development strategy of "differentiation, high-end, and characteristic", a new "chain extension" project of 10 million tons/year of refining and 1.4 million tons/year of ethylene and downstream chemical new materials will be built to actively create a green, low-carbon and efficient new refining and chemical integration project.
Public data shows that Dalian Petrochemical is affiliated to China National Petroleum Corporation . It is located at No. 1 Shanzhong Street, Ganjingzi District, Dalian City, Liaoning Province. It currently has 48 sets of refining production units and 7 sets of chemical production units. The annual crude oil processing capacity is 20.5 million tons. It can produce more than 200 petrochemical products such as gasoline, kerosene, diesel, lubricants, paraffin, benzene, polypropylene, fine denier fiber, etc. It has 5 oil loading and unloading terminals, 15 berths of 5,000-100,000 tons, and 1 workboat terminal, with an annual throughput capacity of more than 23 million tons. In terms of volume, it is definitely among the top ten refineries in China. Located in the urban area, such a large production volume will inevitably have problems in various aspects such as environmental protection and safety. This is also a realistic problem that plagues the long-term and stable development of Dalian Petrochemical. In order to return a cleaner urban area to the city and provide a better development platform for enterprises, relocation to a park with more development potential has become the long-cherished wish of China National Petroleum Corporation and the local governments of Liaoning and Dalian for many years. |
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Since the beginning of this year, the Municipal Development and Reform Commission has implemented the decisions and arrangements of the Municipal Party Committee and Municipal Government, effectively played the overall coordination role of the project planning work team, continued to strengthen the clear orientation of "grasping projects is grasping work", and deepened the implementation of the "three mechanisms" of project grading and classification, horse racing incentives, and supervision and inspection, and made every effort to promote project construction to expand volume, strengthen scale, and improve quality. First three quarters The city plans to advance reserve 4,323 major investment projects of various types Total investment: 3.77 trillion yuan Year-on-year growth of 17% and 26.8% respectively Project construction continues to stabilize and improve A large batch Excellent structure Major projects are accelerating
The Dongguan Street Historical and Cultural District was opened, the Hengli Polyester Park units were put into production one after another, and the Yinggeshi Science City was opened; The construction of projects such as Dalian Jinzhou Bay International Airport, Dingji De Petrochemical High-end New Materials, and Changxing Island Hydrogen-based Energy Center supporting terminal projects has been accelerated, and the preliminary work of the China Petroleum Dalian Petrochemical relocation and upgrading project has been accelerated. In March 2024, our city and China National Petroleum Corporation held a working consultation meeting in Beijing. The two sides reached an agreement on the relocation deadline, the construction of the new plant project in Dalian Changxing Island (Xizhong Island), etc. The Dalian Petrochemical relocation and upgrading project made substantial progress. at present The preliminary work of the new refining and chemical project is being accelerated. In accordance with the development strategy of "differentiation, high-end and characteristic", new "chain extension" projects such as 10 million tons/year of refining and 1.4 million tons/year of ethylene and downstream chemical new materials will be built to actively create a new green, low-carbon and efficient integrated refining and chemical project. The new refining and chemical project will effectively promote the transformation and development of Dalian's petrochemical industry towards green, high-end and intelligent development, promote the optimization of the layout and industrial upgrading of our city's petrochemical industry, and help our city accelerate the construction of a competitive modern industrial system.
As the site for the relocation of Dalian Petrochemical, Dalian Changxing Island (Xizhong Island) Petrochemical Industrial Base is actively carrying out the construction of a series of major basic supporting facilities. The first phase of the workboat wharf in the Xizhongdao operation area of Dalian Port's Changxing Island Port Area has been completed and is about to be put into use. The construction of two 10,000-ton liquid wharves is being accelerated, the construction of public pipeline corridors is in full swing, and the supporting roads of the Xizhongdao Refining and Chemical Industrial Park are about to start construction. The infrastructure construction of the park has entered the "fast lane" in an all-round way, paving the way for the construction of Dalian Petrochemical's new refining and chemical project. It is reported that the Municipal Development and Reform Commission will further strengthen the role of the project service guarantee mechanism, and do its best to provide element guarantee and service for major projects such as the relocation and upgrading of Dalian Petrochemical. Continue to increase the promotion of project planning and reserve, and go all out to promote the implementation of more large and good projects, laying a solid foundation for winning the battle of the year of breakthrough in comprehensive revitalization.
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Ningbo Huatai Wealthy Polymer Materials plans to build a new 400,000 tons per year low-density polyethylene LLDPE plant in Ningbo (Zhejiang Province, China). The new plant will mainly produce metallocene PE. The new plant is scheduled to start operating in November 2024. The new plant will double the company's polyethylene capacity to 800,000 tons per year. |
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Xinjiang Chemicals information details and site's location have been updated. |
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Joint venture between Ma'aden and Sipchem created. |
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Tokuyama's Chemicals division produces products of the #chloralkali value-chain |
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Jun, we aim to allocate sites to the exact legal Entity. I have therefore created their German Entity, Nobian GmbH Bitterfeld and linked the site create by you to this new Entity. It is not much of an issues from my side (SysAdmin), to re-link a Site to a different Entity, even with Mass Balances etc. already created. The full picture of Nobian's Entities we can see in the Shareholding and can create a consolidated Volume-Report when needed. <please note, this message is not showing on the homepage> |
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Four Unipol PP Plants with a cumulative capacity of 1 million tons have been added to the Hazira and Jamnagar 1 (J1 DTA) production sites according to this ROYAL MARKETING communication putatively dated from 2014: Reliance Industries Limited commissioned its first PP plant with a capacity of 350 KTA in Oct'96 at Hazira Petrochemical Complex. This was followed by the commissioning of two lines of 200 KTA each at it's Jamnagar Petrochemical Complex in April/May'99. The third line at Jamnagar of 200 KTA was commissioned in Dec'99. Reliance has adopted the world acclaimed Unipol Process of Union Carbide (now merged with Dow Chemical) for manufacturing PP at all its sites. Unipol process combines the production efficiency of gas phase fluidized bed reactor technology with the high activity and stereospecificity of the SHAC catalyst system. The two production sites offer a wide range of Homopolymer, Random and Impact copolymer grades. These can cater to the entire spectrum of Extrusion, Injection & Blow molding processes.
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The mass balance of Guangdong Petrochemical has been initialized with identification of crude oil imports and the addition of two technologies: Huanqiu Steam Cracking and Grace's Unipol PP with their respective capacities. |
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(lopezobrador.org.mx) Mexico's Pemex this month shipped its first fuel export cargo from its new Olmeca refinery to India, a sign of progress after multiple delays and spiraling costs, according to shipping data and industry sources. Mexican President Andres Manuel Lopez Obrador, whose term ends on Sept. 30, staked part of his legacy on the 340,000 barrel-per-day refinery in Dos Bocas by promising that it would wean Mexico off costly motor fuel imports. |
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Obsolete website information Same location, same project According to information on Sinopec website, both the refinery location and its 800,000 ethylene plant project are identical with those of Sinopec-SK site: |
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The capacity reduction is likely to involve one of the crude distillation units (CDUs) being taken out of service, although a BP spokesman could not confirm whether it will be a CDU at the Scholven or Horst section of the refinery. The refinery is "currently not competitive", according to a statement by refinery head Arno Appel. Challenges include being "too complex" to operate with "structural costs that are too high", he said, possibly alluding to how the refinery is spread over two separate sites. BP plans to shift focus at Gelsenkirchen towards petrochemicals and low-emission fuels. The hydrocracker at the refinery will start co-processing biofuels, meaning that renewable components will be mixed into its feedstock. BP said this will enable output of sustainable aviation fuel (SAF) among other products. BP said the refinery's crude capacity will fall from around 12mn t/yr now to around 8mn t/yr. Five units in total will be closed across the Scholven and Horst sites, it said. The firm declined to specify which units. |
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Several technologies and production capacities have been added to HMEL's Guru Gobind Singh Refinery. |
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LyondellBasell's Spheripol technology description has been updated.
#lyondellbasell #spheripol #technology #polypropylene |
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I don't think this is the right company (name), respectively the name is not Ineos USA MANUFACTURING LLC. It probably is Ineos USA LLC. For instance, the O&P US operations at Chocolate Bayou reference on the websites Ineos USA LLC. Also the address is probably of an (COT) Agent, whatever that is. Where do you have the company name from? I haven't changed it yet, as I am looking for more confirmation, but it is important, we get this setup properly, together with the shareholding.
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The Council for Permit Disputes has annulled the licence for the chemical company Ineos Aromatics to operate in Geel and Laakdal. According to the council's president, Thursday's annulment means Ineos Aromatics must cease operations until a new licence can be obtained, but Ineos denies this. |
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...to be expected. ADNOC taking over Covestro. ADNOC International Germany Holding AG makes a takeover offer at €62.00 per Covestro share The Investment Agreement defines key aspects of the strategic partnership, including clear commitments by ADNOC International to fully support the ‘Sustainable Future’ growth strategy and to maintain the established governance of Covestro With ADNOC International's support, Covestro gains an even stronger foundation for sustainable growth in highly attractive sectors In this context, ADNOC International Germany Holding AG shall subscribe to new Covestro shares at the offer price via a capital increase |
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Interesting development in Ghana. Only shortly after the start-up of the Dancote Refinery in Nigeria, Ghana announces a project to build a 300 k bbls/day Refinery and Petrochemicals Hub. Ghana produces itself only approx 120 k bbls/day. Investors include Chinese and Singaporean companies. Will be interesting to follow. (5) Ghana's $12 Billion Oil Refinery: What You Need to Know | LinkedIn |
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BPCL To Invest Rs 1.7 Lakh Cr Over Next 5 Years Under 'Project Aspire’ BW Online Bureau Aug 19, 2024 BPCL To Invest Rs 1.7 Lakh Cr Over Next 5 Years Under 'Project Aspire’ (businessworld.in) As part of its five-year strategic plan, BPCL aims to focus on strengthening its core operations and investing in emerging sectors like petrochemicals, gas, green energy, non-fuel retail and digital initiatives
Bharat Petroleum (BPCL), a state-owned enterprise, plans to invest Rs 1.7 lakh crore over the next five years in petrochemicals, green energy, fuel marketing and oil refining. As part of its five-year strategic plan, 'Project Aspire,' BPCL aims to focus on two key areas: strengthening its core operations (refining, marketing, and upstream petroleum products) and investing in emerging sectors like petrochemicals, gas, green energy, non-fuel retail and digital initiatives, according to its Annual Report.
BPCL is working on petrochemical projects at two of its refineries. This includes a Rs 49,000 crore ethylene cracker project at the Bina refinery in Madhya Pradesh, set to increase its refining capacity from 7.8 million tonnes to 11 million tonnes by 2029, and a polypropylene project at the Kochi refinery in Kerala, planned for 2027, said BPCL Chairman and MD G. Krishnakumar. The company also plans to install fast chargers for four-wheelers at 6,000 retail outlets across 400 highway corridors over the next five years. Currently, BPCL has over 3,000 EV charging stations, including 900 fast chargers on 120 highway corridors. BPCL is expanding its renewable energy efforts, targeting 2 GW capacity by 2025 and 10 GW by 2035. This includes Rs 1,000 crore for two 50 MW wind power plants and Rs 300 crore for a 72 MW solar project. BPCL is also developing green hydrogen projects, including a 5 MW electrolyser plant at the Bina refinery while focusing on biofuels by selling petrol blended with 20 per cent ethanol at 4,279 outlets and building compressed biogas plants. Currently, BPCL accounts for 14 per cent of India’s oil refining capacity and 25 per cent of the fuel retail network. The company is also setting up a corporate venture capital fund to invest in promising startups. |
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![]() Bharat Petroleum Corporation Ltd. Selects Multiple Lummus Technologies for New Large-Scale Project in India Award strengthens Lummus' position in the Indian market and highlights integrated offering to help BPCL's plants operate more efficiently and sustainably
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Cracker output is given as: Let's again assume a 50/50 mix of propane and butane in the LPG for our initial calculation, we get approximately: |
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SEYED JAFARI, HAMID |
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Shell has selectwed KBR's blue ammonia technology for its Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman. This project will utilize KBR's advanced ammonia synthesis loop technology to produce low-carbon ammonia efficiently and cost-effectively. The Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman, is a distinct initiative by Oman Shell. As of July 2024, it has entered the pre-FEED phase, with Wood plc overseeing this stage. The project will produce blue hydrogen and ammonia by processing natural gas and capturing the CO2, which will be stored through a collaboration with Petroleum Development Oman (PDO). This effort supports Oman's Vision 2040 and aims for net-zero emissions by 2050, complementing Shell’s other green hydrogen projects in Oman. |
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![]() Potential Impacts on the Asian Oil Market Asian buyers of the election of Masoud Pezeshkian as President of Iran |
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TOTH, GYULA Braun, Uwe
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Mass Balances of Borouge 1, Borouge 2 and Borouge 3 have been completed. Borouge 4 site's model has been initialized but will be finalized when the project comes on-stream. With each further stage, the sites are becoming more complex, as shown in the mass balance table of Borouge 3. The Mass Balances are presented as simplified block flow diagrams (Borouge 1 visual, Borouge 2 visual, Borouge 3 visual). Technologies have been identified for all assets of all three projects as shown for the Borouge 3 technology table. By clicking on the blue 'T' icons in the diagrams or on the technology name in the technology table, the corresponding technology is shown (e.g. Linde Steam Cracker) and by clicking on the green 'F' icons, the flow details for the corresponding asset are displayed. |
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Saudi Aramco is betting that the internal combustion engine will be around for a "very, very long time" as the world's largest oil company sees a business opportunity in the growing popularity of electric vehicles. |
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A completed LNG heat exchanger manufactured at Air Products' Port Manatee facility is being loaded on a carrier at the Port of Manatee for shipment to the customer. |
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Shell announced that it will book an impairment charge of as much as $1.0bn on account of pausing the construction of Rotterdam biofuel plant as well as an additional $0.8bn from divestment of its chemical plant in 🇸🇬 Singapore, the company announced in its second quarter update note. |
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Sipchem announced on July 4th on Linkedin to have "signed an Engineering and procurement Sign off of its Expanded Production Capacity for High-VA Ethylene Vinyl Acetate ( EVA) production plant." |
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Site's mass balance has been completed. |
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Different types of sand products have been added. |
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Wood's SYDEC delayed coker has been added. |
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Wood's SYDEC delayed coking process has been added. |
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Braun, Uwe If you look at the The Sixth Naphtha Cracker Project Investments, you will observe that only refinering, naphtha cracker plant, and utilities are assigned to FPCC, but most of the chemicals and polymers plants are with FPC, FCFC and Nan Ya Plastics Corp. (NYPC), and a few other companies are investors in other plants as well. We would need to rename the site for each company having asset ownership, as well as reassign assets to the correct owners. |
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Setup Compounding Entity in China LyondellBasell, [...], today announced the successful startup of a new 20 kilotonne per year polypropylene (PP) compounding plant in Dalian, China. This is the company's third facility in China, strategically located to serve the region's growing automotive market. |
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Jim Ratcliffe, the second richest person in Britain and owner of Manchester United, stated on Bloomberg Television on 18th June: "I'm talking mainland Europe, but I mean, sort of it applies to the UK as well, energy costs are five times the cost of America. Electricity is five times the price of America. It's not 5% or 10% or 50% but 500%." "So anything where any sort of activity which involves using energy in some form or another is disadvantaged in Europe compared to America or the Middle East, obviously. And then on top of that, you've got a carbon tax. So if you emit anything which has got carbon in it, you pay a carbon tax, you don't pay a carbon tax in America. And then on top of that, you've got social costs." "There's not much chemical industry left in the UK, it's pretty much finished really. Unfortunately, I don't think the government ever really recognize the importance of that. It's an enormous industry worldwide, but if you look at petrochemicals in Europe it's about the same size as automotive. It's a really big industry." "Places like America are in a great place for manufacturing because, you know, they've got cheap energy, they've got no carbon taxes. They've got a government which is very interested in social costs, which are very manageable." |
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This is a message from the Communicator, for internal messaging. You can also comment/contribute directly from the platform's objects. Details are explained in the video on the homepage: ppPLUS Communicator. Thank you Uwe
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⏲ 06/11/24 INEOS Styrolution (“the Company”), the world's leading supplier of styrenics materials, announced today its decision to permanently close its styrene monomer production site in Sarnia, Ontario 🇨🇦 by June 2026. “Our decision to permanently close the Sarnia site by June 2026 is irrespective of the current situation. The economic reality is that we have made significant investments in the Sarnia site for many years to ensure safe and reliable operations. Additional large investments that are unrelated to the potential costs of restarting operations would be necessary in the near future. Such investments would be economically impractical given today’s challenging industry environment,” Harrington continued. ABOUT SARNIA SITE The Sarnia styrene facility was built by the Canadian Polymer Crown company in 1943 with a capacity of 50 MMlbs/yr. Over the years, the site continued to expand its footprint under different ownership structures to ultimately be wholly owned by INEOS in 2014. The site has a nameplate capacity of 430kta of styrene monomer and employs ~80 employees and a large number of contractors. |
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🇸🇦 Saudi Arabia's offer for a stake in Aramco, which will raise up to $12 billion, is among the largest share sales in the world since the Kingdom took the oil giant public in an IPO. |
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HOUSTON and RIYADH, Saudi Arabia, May 30, 2024 /PRNewswire/ -- LyondellBasell (LYB) and Alujain Corporation (Alujain) today announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) by LYB from Alujain. The joint venture is enabled by LYB Spheripol polypropylene (PP) technology and positions LYB to profitably expand its core PP business by gaining access to advantaged feedstocks and additional product marketing volumes. NATPET currently has approximately 400,000 tons of annual PP production capacity. LYB will market the majority of the volume of the joint venture's production through its global network. Alujain and LYB are also jointly assessing the construction of a new propylene via propane dehydrogenation (PDH) and PP facility at the NATPET site, subject to a final investment decision. The project is being developed with a shared goal of targeting high-end products, and implementing solutions that align with the Kingdom of Saudi Arabia's 2060 Carbon reduction strategy. |
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Under the new deal, Reliance Industries will buy discounted oil as OPEC+ is expected to extend supply cuts beyond June. In Short • Reliance signs one-year oil deal with Rosneft • Deal includes buying 3 million barrels monthly in roubles • Agreement ensures discounted oil amid OPEC' supply cuts Reliance Industries has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles, reported news agency Reuters. The shift in rouble payments comes after Russian President Vladimir Putin's push for Moscow and its trading partners to find alternatives to the Western financial system. The agreement with Rosneft will help Reliance Industries to buy oil at discounted rates and this comes at a time when the OPEC+ group of oil producers is expected to extend voluntary supply cuts beyond June. |
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The seventh extension of the Italian Plastic Tax until July 2026 has been announced. The Plastic Tax is a tax with a fixed value of 0.45 € that producers, importers and consumers should pay for each kilo of plastic products sold or purchased. The 2020 relaunch decree, in the midst of the Covid period, had postponed the tax to 1 January 2021. Then the 2021 budget law had postponed the plastic tax to 1 July 2021. The Sostegni bis decree of May 2021 had brought the plastic tax back to 1 January 2022. Then there were the two budget laws for 2022 and 2023 which postponed the tax by one year, that is, for the last, until 1 January 2024. With the 2024 budget, after many discussions on the possible abolition of the tax, the last postponement arrived until July 2024, the one currently in force. |
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DOW's Freeport site has been created. |
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LyondellBasell today announced the formal launch of a strategic review of the European assets of its Olefins & Polyolefins and Intermediates & Derivatives business units. The assessment will evaluate the assets through the lens of the company's strategy to Grow & Upgrade the Core, Build a Profitable Circular and Low Carbon Solutions Business, and Step Up Performance & Culture. "At the 2023 Capital Markets Day, we stated our intent to concentrate our portfolio around businesses with long-lasting competitive advantage and to reinvest around those advantaged areas generating superior returns at meaningful scale," said Peter Vanacker, LyondellBasell chief executive officer. "These criteria have not changed." The company's investments in a commercial-scale MoReTec plant, LyondellBasell's proprietary technology to convert plastic waste into liquid raw materials, and the development of a circularity hub in the Cologne, Germany region will continue as planned. LyondellBasell will also continue to invest and leverage its differential technology position as a key enabler to grow and upgrade the core asset base. "The company will prioritize its investments to align operations with our circularity and net zero ambitions," Vanacker added. "We understand that strategic assessments can create uncertainty for our employees and customers, but we are committed to operate our assets safely and reliably throughout this process." Source: LyondellBasell Corporate & Financial News, 8th May 2024 #olefins #polyolefins #europe #assets #circularity #netzero #plasticwaste |
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Axens' C5+ Pygas Hydrogenation Process has been updated. |
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Last year, global demand for loans in the oil sector decreased by 6%, but this doesn't imply a halt in investment. The debt-to-profit ratio of companies has shifted in favor of profits since 2020. Average oil and gas companies now generate more revenue than needed to cover capital expenditures through the end of the decade, potentially eliminating the need for loans. Major industry players like Chevron Corp. and Saudi Aramco are examples of this trend. |
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Axens' AlphaButol process has been updated. |
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If it were not for Bandar Imam's production record, how many billions of petrol would Iran 🇮🇷 import? Source: Dr.saeed azadeh, Linkedin post, Mar 2024 |
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Recently, the world’s largest PTA project by single-unit production capacity was officially put into operation at Sinopec Yizheng Chemical Fiber Co., Ltd. in Jiangsu Province. As a crucial intermediate and a key raw material for PET resin, which is widely used in the production of plastic bottles, fibers, films, and packaging materials, PTA plays a significant role in various aspects of people’s daily lives. The PTA plant is also one of the most complex facilities in petrochemical industry. Sinopec has adopted short-process, smart-manufacturing and green production technologies to lead the industrial pack. With a production capacity of 3 million tonnes per year, the project aims to better meet people's evolving needs in areas such as clothing, food, housing, transportation, and environmental health. Source: Sinopec News, 16th Apr 2024 |
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ExxonMobil has finalized its decision to proceed with the development of the Whiptail oil field within the Stabroek block located offshore Guyana. The total financial commitment to this development project stands at $12.7 billion. Anticipated production from the field by the end of 2027 is estimated to reach approximately 250 thousand barrels per day (bpd). This significant addition will elevate Guyana's total oil production to 1.3 million bpd, placing the nation among the ranks of the world's leading oil producers. Exxon intends to drill a total of 48 wells within the field as part of its development strategy. Having been active in Guyana for five years, ExxonMobil has contributed over $4.2 billion to the country's economy during this period. Additionally, more than 6 thousand local residents are employed in Exxon's operations, with a production volume exceeding 600 thousand bpd. ExxonMobil Guyana Limited, a subsidiary of Exxon, serves as the operator of the Stabroek block and holds a 45% stake in the project. Hess Guyana Exploration Ltd. holds 30%, while CNOOC Petroleum Guyana Limited holds the remaining 25% ownership share. #guyana #crudeoil |
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Recent discussions spotlight the potential sale of Lukoil Neftochim in Bulgaria, echoing a broader narrative of severing ties with Russia. Bloomberg's analysis underscores the significance for Bulgaria to distance itself from Russian influence, particularly by ousting Lukoil from the country, aligning with EU and NATO allies. |
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BREAKING NEWS: In a move that's sent shockwaves through the global energy market, anonymous White House insiders have revealed a stunning deal - the US government has acquired a controlling stake in Saudi Aramco, the world's largest oil producer! This unprecedented move comes amidst growing concerns about America's dwindling strategic oil reserves. With whispers of a "reconstitution emergency" swirling within the Department of Energy, the Biden administration felt compelled to take drastic action. "This wasn't a decision we took lightly," a high-level source confided. "But ensuring the economic health of the nation sometimes requires bold steps." Wall Street Erupts in Frenzy: News of the Aramco acquisition has sent the stock market into a tizzy. Oil giants across the board are experiencing a rollercoaster ride, with some analysts predicting a significant restructuring of the global energy landscape. Saudi Crown Prince MBS Reacts: While official confirmation from the Saudi government is still pending, reports suggest Crown Prince Mohammed bin Salman (MBS) is "exploring all options" with his advisors. The long-standing strategic alliance between the US and Saudi Arabia is sure to face a period of intense negotiation. Geopolitical Implications Abound: The ramifications of this deal extend far beyond the oil markets. Experts warn of potential friction within OPEC, while others speculate on the potential for a new era of US-Saudi energy cooperation. Biden: "A Necessary Evil to Secure Our Future" President Biden, in a nationally televised address, is expected to address the nation later today. Early reports suggest he will frame the Aramco acquisition as a "necessary evil" to safeguard the US economy and its future energy independence. |
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The development adds to oil export problems for Russia as its oil firms may face difficulties finding ships to sell surplus oil after recent Ukrainian drone attacks on the state's refineries. Russian companies are already struggling to collect payments for oil exports due to banking restrictions. The U.S. has imposed wide-ranging sanctions on Russia since its invasion of Ukraine two years ago. In February, the U.S. imposed sanctions on Sovcomf . |
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Enverus Intelligence Research (EIR) analysts have provided an overview of merger and acquisition (M&A) activity within the U.S. upstream sector for both the fourth quarter and the entirety of 2023. |
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Translation of an article published in French language on 'La Sélection du Jour' by Janus Maat on 12th March 2024. At 800 meters, the quantity of H2 went from 1% to 6%, then to 15% at 1,100 meters... According to their estimates, at 3,000 meters deep, the hydrogen content would even be 90%, which would make the Lorraine deposit a true reservoir of more than 50 million tonnes of natural hydrogen, representing the greatest global concentration of this so-called "white" hydrogen, corresponding to half of global production of "gray" hydrogen. White? Gray? What do these color codes mean? To better understand them, we need to revisit the production method of hydrogen. The latter is a flammable gas, containing an enormous quantity of energy when placed in contact with oxygen. But it is also very volatile, and any natural source evaporates instantly. It must therefore be synthesized either from a carbon source (black hydrogen) or from methane (gray hydrogen). How to do it? The Earth and its hydrogen productions (source: C. BICKEL/SCIENCE (DATA) GEOFFREY ELLIS/USGS) The chemical composition of methane is written CH4: meaning one carbon atom C well surrounded by four hydrogen atoms (H4). It is therefore necessary to break this group of five by force to recover dihydrogen (H2). But this forceful action doesn't happen without a hitch. Dihydrogen (H2) combines by burning with oxygen to form water (H2O), a perfectly clean process since only water is produced following the combustion of hydrogen. Meanwhile, the carbon C rushes to combine with ambient oxygen to form CO2. Admit that it's a shame to have a completely clean gas if, to produce it, we emit so much CO2! A more virtuous possibility is the production of "green" hydrogen by electrolysis: all you need to do is break a water molecule (H2O) and recover oxygen O on one side and dihydrogen H2 on the other. Electrolysis requires electricity, itself provided by nuclear power plants or decarbonized sources. Hence a source called "green." Unfortunately, the energy balance is now disappointing, since you need to provide energy to produce the consumable whose purpose is to provide us with... energy. The last color in the spectrum is so-called "white" hydrogen, which is found naturally in deposits. But as we have seen, the latter is too volatile to be captured in the atmosphere. Additionally, H2 is also very reactive, burns easily, and the price to pay for such hyperactivity is that it combines very quickly with the elements it encounters as soon as it's produced, unless... Unless it's found 1,000 meters underground in the Lorraine soil where a river of hot water flows. And that, by chance, the H2O molecules flow over rock rich in iron carbonate. A complex reaction called oxidation-reduction then occurs, which breaks down the water molecule into hydrogen and oxygen. And all for free, without needing to resort to a nuclear reactor! Pure H2 gas is therefore continuously produced in a real hydrogen factory operating at full capacity under the feet of the people of Metz. And it's the biggest one on the planet! La Française d'Energie (FDE), an energy production company with a reduced carbon footprint, has taken hold of the subject, and has the firm intention to develop the enormous perspectives that will follow this major discovery. It is now estimated that this pocket of gas could contain no less than 260 million tonnes of pure hydrogen! The slogan "In France, we don't have oil, but we have ideas" could very soon be transformed into "In France, we have hydrogen in addition to ideas." |
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According to Bloomberg sources, Shell is planning to lower its green energy targets. The updated long-term strategy will entail increased investment in oil and gas sectors to enhance shareholder returns. The company might unveil this new climate strategy as early as this Thursday. Under the previous CEO, Ben van Beurden, Shell's 2020 strategy aimed for zero net profit to prioritize investments in green energy and achieve net zero emissions by 2050. Since Wael Sawan assumed the role of CEO, Shell has shifted focus towards delivering returns to investors. This shift has resulted in increased payouts to shareholders, job cuts, and a larger portion of investments directed towards hydrocarbon production. Similar to Shell, BP Plc of Britain revised its climate plans last year, intending to produce more oil and gas and emit more CO2 than previously planned. The announcement of BP's new plans led to an 8% rise in the company's shares. |
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Indian state oil refineries are negotiating with Russian "Rosneft" for oil supplies of about 500,000 barrels per day, reports Bloomberg. These negotiations involve long-term contracts, whereas currently, India primarily purchases Russian oil on the spot, i.e., immediate market. In January, oil deliveries from Russia fell by 4-9% compared to December, down to 1.2-1.3 million barrels per day. |
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Shell has declared the cessation of operations for all seven of its hydrogen refueling stations for passenger cars in California, effective February 6th. Citing "hydrogen supply issues and other external market factors," the company conveyed its decision through a statement on the Hydrogen Fuel Cell Partnership website. Despite these closures, Shell affirms its commitment to operating truck refueling stations. |
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Prime Minister Narendra Modi announced that India is poised to invest approximately $67 billion in the development of its oil and gas industry in the upcoming years. Modi stated that the aim is to elevate the share of natural gas in the energy mix from 6% to 15%. He highlighted the necessity of this investment, estimating it will be executed over the next 5-6 years. |
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In 2023, the United States significantly increased its oil imports from Venezuela, marking a notable deviation from recent years' trends. This rise coincided with a strategic shift in oil procurement, partially substituting Venezuelan crude for Russian supplies. |
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Brazil's fuel and energy sector has achieved a milestone by surpassing a production level of 4.4 million barrels per day (bpd) in oil equivalent for the first time. This marks a significant increase compared to the previous record set the year before last, which was 11% lower. As Brazil prepares to join OPEC+, questions arise about the potential impact on the global oil market. |
Product Technical |
In 2023, Iran witnessed a remarkable surge in its oil export shipments, averaging 1.3 million barrels per day. This figure represents a substantial increase of nearly 50% compared to the previous year and marks the highest export rate in the past five years. |
News |
The German government is in the early stages of preparing to sell a significant stake in Uniper, potentially by the end of 2024 or in 2025. |
News |
TotalEnergies has produced chemically recycled plastics for the first time in the United States at its polypropylene plant in La Porte, Texas, the company has announced. The feedstock was provided by New Hope Energy's chemical recycling facility in Tyler, Texas. It uses a patented pyrolysis technology developed in partnership with Lummus Technology to process and convert mixed plastic waste. New Hope’s location in Tyler has been operational since 2018 and will inform the company as it expands to create a much larger location along the Texas Gulf Coast. TotalEnergies signed a feedstock agreement with New Hope for 100,000 tonnes of recycled plastics sent through the new facility each year. |
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In a strategic move, Bolivia's YPFB intends to dedicate 53% of its 2024 investment budget, totaling approximately $159 million, to various hydrocarbon exploration projects. The substantial investment will be distributed across 22 initiatives, all aimed at reversing the decline in natural gas production that initiated in 2015. Notably, the company's production has witnessed a significant decrease, dropping from 56.6 million cubic meters/day in 2016 to 31.9 million cubic meters/day in 2023. |
Product Technical |
The start of LNG shipments from the Arctic LNG 2 project is slated for February of this year, as announced by Russian Deputy Prime Minister Alexander Novak, who referenced information from NOVATEK. |
News |
The Brazilian oil and gas giant, Petrobras, has revealed ambitious plans to invest $3.1 billion in the Equatorial Margin region, marking a significant leap forward for the country's oil industry. |
Product Technical |
The Energy Information Administration (EIA) under the US Department of Energy has revealed that the US President has initiated a partial ban on gas exports to nations lacking free trade agreements with the US. |
Product Technical |
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Product Technical |
Ships arriving at the port of Barcelona in Spain are experiencing delays of 10-15 days as they navigate around Africa to avoid potential attacks in the Red Sea. This delay impacts various products, including liquefied natural gas. |
News |
In a significant shift, the world's largest oil company, Saudi Aramco, has decided to abandon its strategy to increase oil production capacity. This unexpected move, reported by Bloomberg, marks a substantial reversal in oil markets and raises doubts about Saudi Arabia's outlook on future oil demand. |
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The Dangote Oil Refinery, Africa's largest refinery located in Nigeria, has made its inaugural purchase of crude oil from United States suppliers. This marks a significant diversification in the refinery's sourcing strategy. The facility boasts the capability to process various grades of oil, including those sourced from the US, alongside feedstock from Saudi Arabia. With a projected capacity of 650 thousand barrels per day (bpd), the refinery aims to achieve full operational capacity within the current year, as reported by Bloomberg. |
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Shell has been interested to sell it's shares for almost 2 years. Initial talks with the Alcmene group were unsuccessful. Prax now entering into a challenging shareholder structure. The majority shareholder is Rosneft, whose shares under trusteeship by the German government. |
News |
MB initialized. Kokel, Nicolas Nicolas, please see the announcement . I set up the 3 plants, but I don't think, we have Glycolether in our products. Could you please check, when you have a moment. The site is probably part of the Asset Deal with Ineos, we will move it to Ineos, when the deal completes.
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Operations |
I added further Assets, which are all listed here: About Company-Formosa Petrochemical Corporation (fpcc.com.tw) The list shows different Investing Companies, but I can't find more details on these companies. For simplicity it seems best to model all in one Site. |
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Dear Oreste, |
Technology |
Ebrahimi, Ali , |
Operations |
MURA Technology' Renew ELP Production Site using Hydro PRS Technology has been added. |
Messages |
Ich hatte es zunächst nicht gesehen. |
Technology |
LyondellBasell's Hyperzone PE Process Technology for Ethylene Polymerization has been added. |
News |
Baystar (Bayport Polymers LLC) launches its new Bay 3 625,000 metric ton-per-year PE production unit. The new unit is the first of its kind in North America, bringing proprietary Borstar technology from Borealis and more than doubling Baystar’s production capacity in Pasadena, TX. Baystar became a fully integrated polyethene manufacturer in 2022 with the start-up of its new 1 million ton-per-year ethane cracker unit in Port Arthur, Texas, which supplies ethylene feedstock to Baystar’s three PE production units. Baystar was formed in 2018 by Novealis and TotalEnergies and operates independently as an integrated producer. The state-of-the-art Borstar technology is licensed by Borealis. Source: Borstart Corporate, 2nd Oct 2023, Baystar transforms polyethylene production with North America's first Borstar technology unit |
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Sharjah's National Oil Company with some upstream assets. |
News |
September 05, 2023 MILAN, September 5, 2023 -- LyondellBasell today started consultations with territorial trade unions for the management of potential redundancies in relation to the intended closure of the one of its two polypropylene production units at its Brindisi location in Italy. "After thorough analysis, we believe that closure of this unit is the most sustainable solution from a strategic and financial standpoint,” said Jim Guilfoyle, senior vice president Olefins and Polyolefins EAMEI of LyondellBasell. “We understand the intended closure may impact some of our employees. We are committed to discuss solutions with unions and social parties to support them in the best way possible. The supply to our customers will continue.” Guilfoyle added, “This unit is the oldest of its kind in the world and it has become uncompetitive. The market environment for our polypropylene products of this Brindisi unit has become increasingly challenging, and the outlook provides little improvement. The intention of our group is to strengthen the position of the company's other assets in higher value markets.” |
Sustainability |
'World's largest' blue hydrogen-based ammonia project shelved due to increased costs and lack of market Fertiliser giant Nutrien has put the plant in Geismar, Louisiana, on hold after announcing it only last year Polly Martin, 11th Aug 2023 Continue reading on Hydrogeninsight
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To all our experts, it's time to move forward with the creation of new plants/sites' models. |
News |
THE STRAIT TIMES 24th August 2023 SINGAPORE - Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter. Shell's energy and chemical assets on Singapore’s Bukom (above) and Jurong islands are being reviewed. PHOTO: REUTERS |
Technology |
Hi Aguiar de Castro, Alexandre , How does it look like that we collaborate to create a Spheripol production site model? We can pick a case example and reproduce the production plant mass balance with your help. Please let's give it a try. |
Sustainability |
Set up the legal Entity of this very interesting bio-ethylene-project between Braskem and SCGC. (Data and Logo only preliminary.) ppPLUS is looking forward to create the complete Mass Balance model, once more information is available. Braskem, the leading global biopolymer producer, and SCG Chemicals, a leading petrochemical company in Thailand and Southeast Asia, have signed a joint venture (JV) agreement to create Braskem Siam Company Limited. Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners, this joint venture aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize I'm greenTM bio-based Polyethylene, using the EtE EverGreenTM technology. The technology results from the partnership agreement between Lummus Technology LLC and Braskem B.V. to develop and license this technology. |
News |
Annick De Ridder (N-VA) is alderman for the Port of Antwerp and chairman of the board of directors of Port of Antwerp-Bruges. [...] ULTIMATE TEST CASE The permitability of Ineos' ONE project is the ultimate test case for the future of industry in Western Europe. If such a world-scale project, which does meet the strictest climate and environmental standards, is no longer possible here, it will de facto mean the end for industry in Western Europe, a sector for which some flashing lights are already red. The squatter (Cracker) will be built anyway, if not with us, or in China, India, Malaysia or on the African continent. The demand for basic building blocks for high-performance plastics is simply too great, and will become at least a multiple by 2050. Where do we want that squatter to be built? [...] |
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Interview in Belgium Paper De Tijd (use Browser to translate into English) Jim Ratcliffe: [...]The permit was taken away from us because we would emit too much nitrogen. Let me dwell on that for a moment. The chemical cluster in Antwerp accounts for 10,000 tonnes of nitrogen annually. Project One is 167 tons per year, almost zero. [...] Ineos CEO Jim Ratcliffe: 'Does Europe still want a chemical sector?' | The Times (tijd.be) Quite a surprising development in Antwerp, with possible consequences for investment decisions in Europe. |
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essenscia press release, 20th Jul 2023 |
Technology |
Innovative facility recovers 60 percent of sorting residue for recycling Siemer's unique processing plant in Vechta ../.. sorts the fraction of packaging waste classified as inferior and prepares it for chemical recycling. It is one of the first sorting systems that can separate dirt, foreign matter and impurities from the remaining plastic parts. Their input capacity is 25,000 tons per year. The post-processed waste plastic is delivered to Geleen, where it is oiled using Plastic Energy's advanced recycling technology. SABIC refines this pyrolysis oil, called TACOILTM, in a newly built hydrotreater plant in order to then use it as an alternative raw material for the production of the certified polymers in the TRUECIRCLETM product portfolio. |
News |
Grupa Azoty has selected TER Plastics as distributor "TER Plastics POLYMER GROUP - Ter Hell Plastic GmbH, will be the exclusive distributor of Gryfilen® for the DACH, Benelux, Central and Eastern Europe and Scandinavia. |
News |
Sinopec announced the first green #hydrogen production from using solar power to electrolysis water. Sinopec's first green hydrogen plant in Xinjiang starts production: Report (channelnewsasia.com) |
News |
Paris, June 28, 2023 – TotalEnergies is accelerating the transformation of its La Mède biorefinery (Bouches-du-Rhône) and will invest €70 million in 2024 to have the capacity to treat up to 100% of waste from the circular economy to produce biofuels. The investment, planned as part of the biorefinery's first major shutdown in 2024, will modernize the site's facilities so that it can process more used cooking oil and animal fats. Since 2019, the La Mède platform, which hosts the world's first French biorefinery, has been capable of producing 500,000 tonnes per year of renewable diesel. This decision is in line with the Company's objective to reach 75% of waste from the circular economy among the raw materials used to produce biofuels from 2024 as well as in the acceleration of the production of sustainable aviation fuels to position the Company among the leaders in this market. #bio-refining |
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Rosneft CEO describes industry' challenges amid sanctions. Talking about Gas-Pipelines to the East. (not surprising) Rosneft Boss Outlines Industry Rescue Plan | Energy Intelligence |
Technology |
Braun, UweBraun, UweBraun, Uwe |
News |
Through a pioneering initiative in the country, Braskem has been optimizing energy costs in its operation in Bahia and, consequently, reducing CO2 emissions into the atmosphere. Since October last year, the Q1 unit, in Camaçari, began to use new technology that allows selecting, automatically and in real time, the most appropriate energy sources to be generated or consumed by certain equipment. The closed-loop energy optimizer, known as C-ERTO is the result of the investment in innovation made by the company, following the characteristics of an Industry 4.0. |
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Subsidary of Singapore JV-Holding between #Sabic and #SK , producing Polyolefine. From SABIC's 2022 Annual Report: SABIC SK Nexlene Company will expand the capacity of its Ulsan plant in South Korea to use its #Nexlene ™ technology for the production of advanced material solutions in its joint venture with SK Geo Centric. The plant will support the production of SABIC’s broad portfolio of COHERE ™ metallocene polyolefin plastomers (POP), SUPEER ™ metallocene linear low density polyethylenes (mLLDPE) and FORTIFY ™ polyolefin elastomers (POE) |