Sabic extends its impact copolymers with the new phthalate-free PP grade for rigid packaging

MOSCOW (MRC) -- Sabic has extended its impact copolymers with the new phthalate-free SABIC PP FLOWPACT FPC70 grade for rigid packaging, as per the company's press release.

With tomorrow’s resource challenges, packaging has a crucial role to play, particularly in helping to reduce waste in the global food supply and in protecting goods for consumers while complying with ever more stringent regulations that are put in place to increase food and consumer safety in packaging industry. Today’s fast-paced lifestyles also are driving demand for pre-packed food; for hot filled packaging such as cups and bottles as well as microwave use. At the same time, consumer expectations are driving OEMs and brand owners to create packaging that is robust, easy to open and distinctively shaped with vibrant graphics. These challenges need to be met while lowering weight and cost by reducing packaging thickness with down gauging, faster production cycle times, and minimizing waste and the environmental impact.

Sabic is helping customers in packaging industry to meet these challenges by extending its FLOWPACT impact copolymers family with a new SABIC PP FPC70 Polypropylene solution for rigid packaging. This high flow (MFR 70) impact copolymer grade based on a phthalate free catalyst is an injection-molding grade developed for applications such as containers, caps and closures in rigid packaging and for consumer goods.

Sabic has a strong focus on sustainability in its solutions for the packaging industry. "Our new FLOWPACT grade SABIC PP FPC70 is a part of the new wave of products from Sabic for rigid packaging - and for other segments as well. It is an important step forward that should enable our customers to use less material and less energy to produce rigid packaging with the same or even better properties than before, more quickly than before", says Lada Kurelec, Global Business Director PP for Petrochemicals at Sabic. "Sabic has a team of experts dedicated to packaging with polypropylene and our phthalate free portfolio is designed to cater needs of our customers in the market. This is part of a major innovation drive in the company."

Trials at several packaging manufacturers have already demonstrated the benefits of the new product’s market-leading combination of high stiffness and high impact strength. "We believe SABIC PP FPC70 answers the continuing trends in thin wall packaging by enabling up to 10% thinner walls and fast injection, thus reducing energy consumption and increasing productivity, not only help our packaging customer save on material cost but also production costs," Kurelec further notes.

SABIC PP FPC70 is a new addition to the recently introduced FLOWPACT grades FPC45 (MFR 45) and FPC100 (MFR 100). Rigid packaging made with SABIC PP FPC70 polymer, including applications that can be filled with hot content, has considerably higher top-load strength than identical products made with current benchmark materials. This in turn improves stackability, providing better economics in transport and storage. SABIC PP FPC70 incorporates important advances in polymer chemistry that yield a material with a great balance between high stiffness, impact strength and high heat distortion temperature than a standard impact copolymer. SABIC PP FPC70 can be used for containers intended for packaging foods and non-food products, caps and closures, as well as for production of housewares.

As MRC reported earlier, Sabic has recently announced an important expansion of its industry leading SABIC PP polypropylene portfolio for packaging industry with the introduction of two new high flow, injection-molding grades, SABIC PP "513MK46" and "512MK46", impact copolymers based on a phthalate free catalyst. These new offerings open further opportunities for packaging manufacturers and convertors with production efficiency through shorter cycle times and weight savings through thin wall manufacturing.

Saudi Basic Industries Corporation (Sabic) ranks among the worldпїЅs top petrochemical companies. The company is among the worldпїЅs market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.

NNPC finalizing USD6 B worth of oil-for-product swaps

MOSCOW (MRC) -- Nigeria's state oil company is in the final stage of signing USD6 B worth of deals to exchange more than 300,000 bpd of crude oil for imported gasoline and diesel, sources with direct knowledge of the process told Reuters.

The contracts, which come three months later than expected, include three more pairs of companies than last year, reflecting Nigeria's increased reliance on NNPC for fuel imports.

A lack of local refining capacity means Nigeria is reliant on imported gasoline, kerosene and other petroleum products, and the oil price crash and militant attacks on Nigeria's oil industry have starved independents of dollars for fuel imports.

At least four of the 10 groups have signed contracts, set to begin from July 1, with the rest expected to do so by Friday, the sources said.

The NNPC, which is due to approve them by the end of the week, did not immediately respond to a request for comment.

The fuel quality in the final agreements was not immediately clear, but July 1 is the same deadline the country set for switching over to higher quality, lower-sulfur fuels that create less toxic fumes.

Sulphur levels were a major sticking point in the negotiations. The Ministry of Environment and the Standards Organization of Nigeria, the body responsible for setting requirements for imported goods, promised a switch to 150 ppm gasoline and 50 ppm diesel.

Some sources said the new standards would be applied. Others reported that three different gasoline specifications—1,500 ppm, 500 ppm and 150 ppm—would all be included in the contracts, giving NNPC options on which to import.

This year's deal includes international trading houses, not just oil refineries. The 2016 contracts included only companies with refineries in an effort to cut out middlemen.

The latest list contains several companies from 2016, including Varo Energy, Societe Ivorienne de Raffinage (SIR), Total and Cepsa. Italy's ENI and India's Essar, which won 2016 contracts, are absent from this year's list, while Socar and Mercuria are new additions.

The contracts were initially planned to begin in April but last year's swap deals were extended at least twice in order to give NNPC more time to negotiate. NNPC had previously said this year's contracts would exchange up to 800,000 bpd of crude oil, though at some 40% of peak exports that target was seen by markets as unlikely.

NNPC has been forced to ramp up its own fuel imports to around 80% of Nigeria's consumption, according to figures from the company and oil traders.

Nigeria has substantially increased its refining output this year but the first quarter average was still only about 25% of its 445,000 bpd capacity.

It has struggled to run them at higher rates due to years of neglect and consistent theft and sabotage of the pipelines feeding the refineries.

ExxonMobil, Sabic sign agreement for next phase of proposed US petchem project

MOSCOW (MRC) -- Affiliates of ExxonMobil Corporation and Sabic signed an agreement to conduct a detailed study of the proposed Gulf Coast Growth Ventures project in Texas and begin planning for front-end engineering and design work, said ExxonMobil.

The agreement was signed during the Saudi-US CEO Forum in Riyadh in the presence of Yousef Al-Benyan, Sabic vice chairman and chief executive officer, and Philippe Ducom, president, chairman and chief executive officer of ExxonMobil Saudi Arabia Inc. Also in attendance were Prince Saud bin Abdullah bin Thenayan Al-Saud, Sabic chairman, and Darren W. Woods, chairman and chief executive officer of Exxon Mobil Corporation.

“This agreement represents an important step in the progression of the Gulf Coast Growth Ventures project," said "Ducom. "We have a long and successful relationship with SABIC, which will be enhanced by this potential project that will create value for our companies and our communities."

In April 2017, ExxonMobil and Sabic selected a site in San Patricio County, Texas, for the proposed petrochemical complex that would include an ethane steam cracker capable of producing 1.8 MMtpy of ethylene, a monoethylene glycol unit and two polyethylene units.

The project is one of 11 major chemical, refining, lubricant and liquefied natural gas projects associated with ExxonMobil’s Growing the Gulf initiative in the United States that have been made possible by the abundance of low-cost US natural gas.

ExxonMobil’s projects, once completed and operating at mature levels, are expected to have far-reaching and long-lasting benefits. Projects planned or under way are expected to create more than 35,000 construction jobs and more than 12,000 full-time jobs.

ExxonMobil and Sabic have collaborated on several petrochemical JVs in Saudi Arabia, including the Al-Jubail Petrochemical Company and Saudi Yanbu Petrochemical Company. Most recently, the companies constructed world-scale specialty elastomers facilities at the Al-Jubail joint venture complex to help meet the growing demand for rubber-based industrial and automotive products.


Bostik acquires floor preparation systems from CGM

MOSCOW (MRC) -- Arkema announces the acquisition by Bostik of CMP Specialty Products, the flooring and floor preparation business of US based specialist CGM, said the company on its website.

This business, which generated UD15 million sales in 2016, offers strong synergies with Bostik. This acquisition fits perfectly with Bostik's strategy to expand in the growing US construction market and to offer its customers a complete range of innovative solutions for the flooring market. This acquisition is also fully part of the Group strategy to accelerate its growth in specialty adhesives with bolt-on acquisitions.

Based outside of Philadelphia, PA, CMP's floor preparation systems products offer an advanced range of flooring surface preparation repair patches, leveling compounds and primers for both commercial and residential flooring applications.

These products will enable Bostik to accelerate its development in the fast growing floor preparation market.

"We are very pleased to welcome the CMP Specialty Products teams. This acquisition will support our strategy to provide our customers with the most innovative flooring systems. CMP teams will bring their recognized expertise within the commercial flooring sector with high quality and highly performing products. We look forward to leveraging this expertise to better serve our customers within the US market".

Rotary Engineering awarded EPC contract for Jurong Port tank terminals project

MOSCOW (MRC) --- Rotary Engineering has won a USD140-million engineering, procurement and construction (EPC) contract from Jurong Port Tank Terminals for a liquid bulk storage project in Singapore, as per Apic-online.

Rotary's scope of work includes constructing a tank farm with 19 tanks for clean petroleum products storage, pump stations, valve manifolds, firefighting system, slop and waste water system, utilities, buildings, jetty topsides, and interconnecting pipeline from Jurong Port Tank Terminal to Oiltanking's tank terminal.

The project, a joint venture of Jurong Port Singapore Holding and Oiltanking Investment Holdings, is designed to store and handle both clean petroleum products and chemicals. It is located directly opposite the Jurong Island petrochemical hub and will be connected to it via pipelines.

With an initial capacity of 232,000 cu m, the new terminal has the potential to expand by an additional 230,000 cu m. It will be supported by jetties and a draft of 16 meters, capable of berthing vessels up to 120,000 dwt. A schedule for the project was not given.

As MRC reported earlier, in September 2016, Jacobs Engineering Group received a contract from Singapore Refining Company Private Ltd. (SRC), a JV between Singapore Petroleum Co. and Chevron, to provide services for an upgrade project at SRC’s refinery in Jurong Island, Singapore.

Besides, continuing the company's strategy to add production facilities close to growing demand, Celanese Corporation, a global technology and specialty materials company, began production in its newest vinyl acetate ethylene (EVA) production unit. The unit is located at the Celanese manufacturing facility on Jurong Island, Singapore, and will support the growing demand for ecologically friendly materials in the Southeast Asia region including Australia, India and New Zealand.