Shell Chemical acquires land for proposed new Appalachia ethane cracker

MOSCOW (MRC) -- Shell is in the midst of a multi-year review of the site that includes environmental analysis, engineering design studies, evaluation of ethane supply and economic viability, said Hudrocarbonprocessing.

Previous site owner Horsehead Corp. has sold its land in Monaca, Pennsylvania, to Shell for a proposed petrochemical development, officials with Horsehead confirmed.

Terms of the deal were not disclosed. Horsehead used to operate a zinc smelter at the facility, which is located along the Ohio River in Beaver County northwest of Pittsburgh.

Shell is in the midst of a multi-year review of the site that includes environmental analysis, engineering design studies, evaluation of ethane supply and economic viability.

"This announcement marks another important milestone in the progress toward Shell's final investment decision to construct a world-class petrochemical facility on this site," said Dennis Yablonsky, CEO of the Allegheny Conference on Community Development and the Pittsburgh Regional Alliance.

"We appreciate Shell's continued confidence in our region as a competitive location for energy-related investment. We remain optimistic that this new facility will locate here."

If built, the facility would include an ethane cracker with an average capacity of 1.5 MMtpy of ethylene; three polyethylene (PE) units with a combined production of 1.6 MMtpy; and power and stream generation, storage, logistics, cooling water and water treatment, emergency flare, buildings and warehouses.

The proposed complex would be the first major US project of its type to be built outside the US Gulf Coast region in 20 years. Shell says locating the facility close to both supply and markets would reduce economic and environmental transportation costs and provide regional plastic manufacturers with more flexibility, shorter supply chains and enhanced supply dependability.

Shell would source ethane feedstock for the complex from the nearby Marcellus and Utica shale formations.
MRC

Clariant opened the consumer care competence center in Singapore

MOSCOW (MRC) -- Clariant, a world leader in Specialty Chemicals, has announced the opening of the Consumer Care Competence Center under its Business Unit Industrial & Consumer Specialties (ICS) to be located in Singapore, as per the company's statement.

The new Consumer Care Center will be connected to a worldwide network of marketing, application and technology experts able to provide unique ideas and solutions to solve customers unmet needs in the region. An opening of the application laboratory is a unique approach to interact with customers in Personal & Home Care to develop claim for tomorrow's megatrends in Asia Pacific.

"The launch of our Competence Center for the personal care and home care market is another big step forward in building closer collaboration with our customers in the region. It also demonstrates our full commitment to pursuing innovation excellence through local capability," remarked Francois Bleger, Regional Head of Clariant South East Asia and Pacific.

As MRC reported earlier, in April 2015, Clariant, a world leader in Specialty Chemicals, acquired the black pigment preparations portfolio of Lanxess, located at Nagda, Madhya Pradesh. This product line of Lanxess manufactures black pigment preparations used for processing of viscose fibre, which goes in the manufacture of mainly viscose-based apparels, knitwear, towels, bed-linen, etc. With this acquisition, Clariant in India gains additional pigment preparation capacity to cater to a larger, wider customer base.

Clariant in India has local pigment production activities at its Roha (Maharashtra) and Cuddalore (Tamil Nadu) sites. In the year 2014, Clariant invested in the expansion of its Roha pigments facility, thus strengthening its commitment to India.

DuPont announces effectiveness of The Chemours Company Form 10 Registration Statement

MOSCOW (MRC) -- DuPont has announced that the US Securities and Exchange Commission has declared effective the Registration Statement on Form 10 of The Chemours Company, as per the compnay's press release.

The Registration Statement on Form 10 includes information regarding the business and spin-off of Chemours, which is expected to be completed on July 1, 2015. In addition, on June 12, 2015, the New York Stock Exchange authorized Chemours for listing on the exchange, with "regular way" trading to commence on July 1, 2015.

As previously announced, on June 5, 2015, the DuPont board of directors declared a pro rata dividend to DuPont common stockholders of record as of 5:00 p.m. ET on June 23, 2015. As a result, on July 1, 2015, DuPont common stockholders will receive one share of common stock of Chemours for every five shares of DuPont common stock they hold on the record date. Prior to July 1, DuPont will mail an Information Statement containing information about Chemours and the spin-off to DuPont common stockholders as of the record date.

Chemours is a global leader in titanium technologies, fluoroproducts and chemical solutions, providing its customers in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. Chemours ingredients are found in plastics and coatings, refrigeration and air conditioning, mining and oil refining operations and general industrial manufacturing. Chemours has approximately 9,000 employees across 37 manufacturing sites serving more than 5,000 customers in North America, Latin America, Asia-Pacific and Europe. Chemours is headquartered in Wilmington, Del.

As MRC wrote previously, The Chemours Co., the company to be created by the spinoff of Dupont's Performance Chemicals unit, has named the eight members of its board of directors,

DuPont is an American chemical company that was founded in July, 1802. The company manufactures a wide range of chemical products, leading extensive innovative research in this field. The company is the inventor of many unique plastics and other materials, including neoprene, nylon, Teflon, Kevlar, Mylar, Tyvek, etc. DuPont was the developer and main producer of Freon used in the production of refrigeration equipment.
MRC

PTTGC restarted LLDPE plant in Thailand after maintenance

MOSCOW (MRC) -- PTT Global Chemical (PTTGC), Thailand's largest petrochemical maker, has restarted a linear low density polyethylene (LLDPE) plant following maintenance turnaround, as per Apic-online.

A Polymerupdate source in Thailand informed that the plant restarted on June 17, 2015. It was shut in the second week of May 2015.

Located at Map Ta Phut, the plant has a production capacity of 400,000 mt/year.

As MRC informed previously, PTTGC is in plans to shut a high density polyethylene (HDPE) plant for maintenance turnaround in mid-June 2015. It is likely to remain off-stream for around 2 weeks. Located at Map Ta Phut in Thailand, the plant has a production capacity of 300,000 mt/year.

PTT Global Chemical is a leading player in the petrochemical industry and owns several petrochemical facilities with a combined capacity of 8.45 million tonnes a year.
MRC

Hanwha to shut LDPE/EVA swing plants in South Korea

MOSCOW (MRC) -- Hanwha Chemical is in plans to shut two low density polyethylene/ethylene vinyl acetate (LDPE/EVA) swing plant for maintenance turnaround, as per Apic-online.

A Polymerupdate source in South Korea informed that while one plant is planned to be shut in September 2015, the other is likely to be shut in October 2015. Both are planned to remain off-stream for around 5-10 days.

Located at Ulsan and Yeosu in South Korea, the plants have a combined production capacity of 427,000 mt/year.

As MRC wrote previously, in November 2014, South Korea's Samsung Group said it was selling stakes in four chemical and defence firms for 1.9 trillion won (USD1.72 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's largest conglomerate.

Hanwha Group, South Korea's 10th-largest conglomerate, said separately the acquisitions would boost its petrochemicals and defence-related businesses, and add around 12 trillion won in sales based on 2013 figures.
MRC