MOSCOW (MRC) -- Samsung Engineering Co. said it has received a USD55.5-million contract from Sarawak PetChem to conduct the second phase of its planned methanol facility in Malaysia, according to Apic-online with reference to Yonhap News Agency.
The 5,000-t/d methanol project, to be built in Bintulu, will be based on Air Liquide E&C's Lurgi MegaMethanol technology. Operations are planned to begin in 2023.
Samsung and Air Liquide E&C entered into a partnership to carry out the front-end engineering design (FEED) study for the project in April 2019. At the time, Air Liquide said the FEED contract would be exclusively converted to a licensor, engineering, procurement, construction and commissioning contract at the end of the year, subject to a final decision.
As MRC reported earlier, in late April, 2020, the first phase of Connell Chemical Industry Ltd.'s 600 KTA MTO complex, a 300 KTA MTO plant, successfully started up and produced on-spec ethylene and propylene. This project is the first large-size chemical project brought online during period when Chinais in the process of restarting the economy while fighting COVID-19 pandemic. The MTO plant started feed-in at 8:18 AM on April 15, produced on-spec propylene at 7:00 AM on April 18, and produced on-spec ethylene at 4:00 AM on April 20.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's DataScope report, PE imports to Russia dropped in January-June 2020 by 7% year on year to 328,000 tonnes. High density polyethylene (HDPE) accounted for the main decrease in imports. At the same time, PP imports into Russia rose in the first six months of 2020 by 21% year on year to 105,300 tonnes. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.