Poyry awarded EPCM for сombined рeat & power plant project in Finland

MOSCOW (MRC) -- Oulun Energia Oy has awarded Poyry with the Engineering, Procurement and Construction Management services for the new Laanila Bio Power Plant project in Oulu, Finland, said Hydrocarbonprocessing.

The assignment includes project management, basic and detail engineering and procurement services. The construction of the new power plant will be completed in late 2020 and once in operation it will replace Toppila 1 unit. Capacity of the plant will be around 70 MW electricity and around 175 MW district heat with an option to supply steam to clients in the Laanila industrial area. The plant uses forest based biofuels, peat and solid recovered fuel (SRF) as fuels.

"Poyry is delighted to support Oulun Energia Oy with this important project done by the municipal energy company recently. This assignment further strengthens Poyry's position as the world leader in energy efficient thermal power and Poyry's first ranking in the energy sector in Finland", says Ilkka Heikkila, Poyry's Regional Director for Thermal Power.

The value of the order is not disclosed. The order will be recognized within the Energy Business Group order stock in H1/2018.

BASF to increase prices for UV resins

MOSCOW (MRC) -- With immediate effect or as existing contracts allow, BASF will increase its prices for UV resins (Laromer product range) in EMEA region (Europe, Middle East and Africa) by 3 - 10%, depending on the product type, said the producer in its press release.

The price adjustments are necessary due to continued increase of raw material as well as REACH registration costs.

UV-resins are used by the coatings, printing, and packaging industries to manufacture UV-curable coatings for, e.g., wood, metal and plastic substrates as well as for overprint varnishes and UV-curable inks.

As MRC informed previously, in December 2016, AkzoNobel finalized the acquisition of BASF’s global Industrial Coatings business, which supplies a range of products for industries including construction, domestic appliances, wind energy and commercial transport, strengthening its position as the global number one supplier in coil coatings.

BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. BASF generated sales of about EUR58 billion in 2016.

India making rapid strides in renewable energy

MOSCOW (MRC) -- India is making rapid strides in the renewable energy arena and has successfully met a large part of its green energy generation targets, Prime Minister Narendra Modi said during his speech at the opening session of the 2018 World Economic Forum at Davos in Switzerland, said Hydrocarbonprocessing.

"To save the environment and to fight climate change, my government has planned a major campaign. By 2022, we want to generate 175 GW of renewable energy. In the last three years, we have already achieved 60 GW or around one-third of this target," he said.

Modi also said India had taken the lead in fighting climate change by setting up the International Solar Alliance - a global grouping of more than 121 countries, most of them being sunshine countries, which fall either completely or partly between the Tropic of Cancer and the Tropic of Capricorn. The grouping's aim is to work for efficient exploitation of solar energy to cut dependence on fossil fuels.

Modi said climate change was among the gravest threats being faced by the humanity. "Extreme weather conditions are rising by the day and the world should come together. Climate change is major threat right now, snow in the Arctic is melting, many islands are sinking or are about to sink," he said.

The Prime Minister said that terrorism and protectionism are two other big threats that the world is facing today. He said the Goods and Services Tax (GST), ending of license raj, scrapping unnecessary laws, red carpet in place of red tape, and FDI reform were among his government's biggest achievements.

IFF breaks ground on new flavours & fragrances site in India

MOSCOW (MRC) -- International Flavors & Fragrances Inc (IFF) has broken ground on a new flavours and fragrances plant located in Sri City, Andhra Pradesh, India. Part of a larger investment into the Greater Asia region, the plant is expected to be commercialized in December 2019, as per Worldofchemicals.

The new facility, which will be the largest flavour and fragrance manufacturing facility in India and the largest IFF site in Greater Asia, occupies a 32-acre/130,000m2 plot and will serve IFF flavours & fragrances customers across India and the region.

The new facility, strategically located in Sri City, will have excellent logistics options, access to skilled labour, and solid infrastructure and utilities. In line with the company’s dedication to driving sustainability across the entire organization, the site is designed for efficient water use and reuse, rainwater harvesting capabilities, energy-efficient building materials and equipment, maximization of natural daylight, and low-consumption LED lighting.

“In this economically vibrant country, it is critical that we invest to provide our customers with winning tastes and scents. This new facility is fitted with capabilities tailored to our customers’ needs. Coupled with our excellent consumer insights teams and their deep understanding of the local markets, we are well-positioned to live up to our promise to be our customers’ partner of choice,” said Andreas Fibig, IFF chairman and CEO.

‘’India is a priority market for IFF. We are excited about our investment at Sri City and the world-class manufacturing facility designed to meet our customers’ current and future needs,’’ added MG Prakash, IFF India managing director.

KBR awarded contract by Indorama for ammonia plant in Nigeria

MOSCOW (MRC) -- KBR, Inc. announced today that it has been awarded a contract from Indorama Eleme Fertilizer & Chemicals Limited (Indorama) and Toyo Engineering Corporation (Toyo) for the Train 2 ammonia plant at Indorama's Port Harcourt site in Nigeria, said Hydrocarbonprocessing.

Under the terms of the contract, KBR will provide technology licensing, basic engineering design, proprietary equipment and catalyst for Indorama's planned second ammonia plant in Port Harcourt.

"We are privileged to have the opportunity to work with Indorama and Toyo on Indorama's second fertilizer complex in Nigeria," said John Derbyshire, President, KBR Technology & Consulting. "This contract builds on our long-established relationship with Indorama and Toyo and further highlights our clients' trust in KBR's ammonia technology."

KBR is a leader in ammonia technology and has been involved in the licensing, design, engineering, and/or construction of more than 230 grass roots ammonia plants and over 100 revamp ammonia projects globally.

Revenue associated with this project was booked into backlog of unfilled orders for KBR's Technology & Consulting Business Segment in Q4 of 2017.