Phillips 66 resumes production at Alliance facilities after Hurricane Isaac outage

(hydrocarbonprocessing) -- Phillips 66 said on Saturday that it had restarted some unspecified units at Alliance.

The 247,000 bpd refinery was taken offline during the approach of Isaac, which made landfall in southeast Louisiana Aug. 28 as a Category 1 hurricane and caused flooding at the refinery, as MRC reported earlier.

Phillips 66 expects to have all of the fuel production units restarted at its Alliance refinery in Belle Chasse, La., by the end of the week, the company said on Monday.

Phillips 66 is a holding company created through the repositioning of ConocoPhillips. The company is engaged in producing natural gas liquids and petrochemicals. Phillips 66 owns 15 refineries with a net crude oil capacity of 2.2 million barrels per day, 10,000 branded marketing outlets, and 15,000 miles (24,000 km) of pipelines. In the United States, the company operates Conoco, Phillips 66 and 76 stations.
MRC

(Grodno Khimvolokno) -- By the decision of the committee for the open competition for the procurement of Complete lines for the production of polymer compositetional materials the company LRS Planung & Technology GmbH was declared as the winner with a proposal for the supply of a complete production line for the polymer composites based Compounder RHC production company Zeppelin Reimelt GmbH.

Now specialists of PTC Khimvolokno carry the project development of the contract for procurement of the complete technological line for production of polymer composite materials and coordination the import equipment procurement with the Concern Belneftekhim.

PTC Khimvolokno JSC Grodno Azot is a large manufacturer of nylon and polyester yarns and fibres, as well as polyamide 6 (PA 6) virgin and PA 6-sbased composite material.
MRC

(chemmonitor) -- Polyethylene terephthalate (PET) market in Turkey shows bullishness due to significantly enhanced values of purified terephthalic acid (PTA), monoethylene glycol (MEG) and paraxylene (PX).

The consumers of the market hope for lower October prices, while traders intend to maintain the costs increased.

The global market witnessed hikes in raw material prices in line with soaring values of energy.MRC

(M&G) -- M&G Group, leading producer of PET for packaging applications in the Americas and the market's technological leader, announces today that it has purchased the land in Corpus Christi, Texas where it will build its one million tonnes per year PET plant (2.2 billion pounds) and accompanying 1.2 million tonnes per year (2.6 billion pounds) PTA plant.

The new PET single line plant will employ the same technology as M&G's single reactor Suape (Brazil) PET plant, including M&G's revolutionary EasyUp SSP technology.

M&G Group is a family owned chemical engineering and manufacturing group headquartered in Tortona, Italy. M&G Group operates in the PET resin industry through its wholly-owned holding company Mossi & Ghisolfi International S.A. (M&G International). M&G International is one of the largest producer of PET resin for packaging applications in the Americas, with a production capacity in 2012 of approximately 1.6 million tons per annum.
MRC

(ame info) -- With the development of new shale gas resources, the US petrochemical industry is announcing significant expansions of US petrochemical capacity, while Middle Eastern producers are at a stage in their development where pure ethane plays are difficult to secure and the industry is moving towards heavier feedstocks. However, with the development of new shale gas resources in the United States of America, the region needs to prepare to capitalise on potential opportunities in its own petrochemical sector.

Mr. Andjelich, Vice President, Business Development, Middle East from Chevron Phillips Chemical Company, reported that announcements have been made over the past year regarding the high probability that several (four to six) new crackers will be constructed in the US based on feed supply from the growth of shale gas production. If these announcements are built, the US would become a larger exporter of ethylene and ethylene derivatives.

According to Dr Christian Gunther, Partner at McKinsey and Company, the consultancy, this is unlikely to affect Middle East aspirations of growth in a major way - the US is estimated to add around 9 - 11 million tonnes of ethylene capacity within the next 10 years, which can be absorbed by the forecasted global demand growth of around 50 million tonnes and still leave space for other players. Moreover, prices will remain set by liquids-based producers, as significant quantities of liquids-based ethylene will be needed to meet global demand.

The real challenge for the petrochemical industry in the Middle East will likely be the availability of advantageously priced ethane. From a country perspective, Dr Gunther believes that the right feedstock allocation decisions by regional governments as well as enhanced education and capability building are required. At the same time, chemical companies will have to accelerate their move towards functional excellence in operations, capex, procurement and marketing and explore opportunities beyond their traditional products to ensure the Middle East remains globally competitive.
MRC