Advanced Petrochemical restarts PP plant and PDH unit in Jubail after maintenance

MOSCOW (MRC) -- Advanced Petrochemical Co. announced that it has resumed operations at two plants in Jubail, Saudi Arabia after the completion of a scheduled turnaround, reported Argaam with reference to a bourse filing.

Thus, operations at the company's polypropylene (PP) plant began on 28 March, 2021, whereas operations at its propane degydranation (PDH) unit restarted on 11 April, 202. Both plants were shut for repairs on 11 March, 2021,

As per the filing, the maintenance works were implemented in line with the occupational safety and health standards, despite the COVID-19 outbreak.

There is no significant change in the costs associated with the maintenance activities, the statement added.

The relevant financial impact will likely appear on financial statements of the first two quarters of 2021, based on expected prices of feedstock and polypropylene.

As MRC wrote before, SK Advanced started up a new PP plant in Ulsan, South Korea on 23 March, 2021, and managed to produce on-specification PP at this plant in the week ending 9 April, 2021.The PP unit is a joint venture between PolyMirae and SK Advanced, using the “Spheripol” process of LyondellBasell, and have an annual output of 400,000 tons/year.

According to MRC's ScanPlast report, PP shipments to the Russian market reached 141,870 tonnes in January 2021 versus 123,520 tonnes a year earlier. Supply of homopolymer PP and PP block copolymers increased.
MRC

MOSCOW (MRC) -- MEGlobal has announced its Asian Contract Price (ACP) for monoethylene glycol (MEG) to be shipped in May 2021, according to the company's press release.

Thus, on 12 April, the company said ACP for MEG would be at USD830/MT CFR Asian main ports for arrival in May 2021, down by USD100/MT from the previous month.

The May 2021 ACP reflects the short term supply/demand situation in the Asian market.

As MRC reported earlier, MEGlobal announced its April ACP for MEG at USD930/MT CFR Asian main ports, up by USD140/tonne from March 2021.

MEG is one of the main feedstocks for the production of polyethylene terephthalate (PET).

According to ICIS-MRC Price report, formulae prices ща Russian producers were in the range of Rb105,000-120,000/tonne CPT Moscow, including VAT, in April.

MEGlobal is a fully integrated supplier of monoethylene glycol (MEG) and diethylene glycol (DEG), collectively known as ethylene glycol (EG).
MRC

MOSCOW (MRC) -- China resumed storing crude oil in the first two months of the year with almost 1MM bpd being added to inventories in January and February, rebuilding stockpiles after a rare drawdown toward the end of last year, reported Reuters.

About 920,000 bpd were directed to inventories in the first two months of the year, according to calculations based on official data.

The build in inventories comes as refineries make use of new import permits for 2021, after the coronavirus pandemic and a dispute between exporters caused widespread market ructions last year. China doesn't disclose the volumes of crude flowing into strategic and commercial stockpiles. But an estimate can be made by deducting the amount of crude processed from the total amount of crude available from imports and domestic output.

Refinery throughput was 114.24 million tons in the January-February period, equivalent to about 14.13 million bpd, according to data released on Monday by the National Bureau of Statistics. This was about the same level as in December, but was up from 12.07 million bpd in the first two months of 2020, reflecting the additional refining capacity China added last year.

Domestic crude oil output was 32.08 million tons in the first two months of 2021, equivalent to about 3.89 million bpd, a gain of 0.4% from the corresponding period a year earlier. Imports for the first two months were 89.57 million tons, about 11.08 million bpd, according to customs data.

Putting imports and domestic output together gives a total of about 15.05 million bpd available to refiners in the January-February period. Given that processing was 14.13 million bpd, this leaves a gap of about 920,000 bpd that flowed into commercial and strategic stockpiles.

As MRC write previously, Russia expects the fallout from the COVID-19 pandemic on the global consumption of oil and oil products may last until 2023-2024, a draft government document, seen by Reuters, showed. The global oil and liquid fuels production dropped in 2020 to 94.25 million barrels per day (bpd) from 100.61 million bpd in 2019, amid the pandemic, which led to lockdowns, halting 80% of air traffic and a quarter of road traffic at its peak and denting fuel consumption.

We remind that in December 2020, Sibur, Gazprom Neft, and Uzbekneftegaz agreed to cooperate on potential investments in Uzbekistan including a major expansion of Uzbekneftegaz’s existing Shurtan Gas Chemical Complex (SGCC) and the proposed construction of a new gas chemicals facility. The signed cooperation agreement for the projects includes “the creation of a gas chemical complex using methanol-to-olefins (MTO) technology, and the expansion of the production capacity of the Shurtan Gas Chemical Complex”.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 241,030 tonnes in January 2021 versus 217,890 tonnes a year earlier. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, PP shipments to the Russian market reached 141,870 tonnes in January 2021 versus 123,520 tonnes a year earlier. Supply of homopolymer PP and PP block copolymers increased.
MRC

MOSCOW (MRC) -- Honeywell announced Wabash Valley Resources LLC has selected a range of Honeywell UOP technologies to capture and sequester up to 1.65 million tons of carbon dioxide (CO2) annually and to produce clean hydrogen energy from a repurposed gasification plant in West Terre Haute, Ind., according to Hydrocarbonprocessing.

The project is expected to be one of the largest carbon sequestration initiatives in the United States to date.

“By implementing Honeywell UOP’s proven technologies for the capture of CO2 and hydrogen purification, we will significantly reduce greenhouse gas emissions,” said Dan Williams, Managing Director of Wabash Valley Resources. “This project will allow for market access to clean hydrogen, as well as support the domestic growth of the hydrogen economy.”

“Adding carbon capture and storage to hydrogen production is an economical solution for many companies looking to make significant progress on their sustainability goals,” said Laura Leonard, vice president and general manager, UOP Process Technologies.

UOP will provide technology licenses, basic engineering, and specialty equipment including a modular MOLSIV molecular sieve dehydration unit, modular Ortloff CO2 Fractionation unit, and Polybed pressure swing adsorption (PSA) unit to sequester carbon dioxide and process synthesis gas from the gasification unit.

The Ortloff CO2 Fractionation technology will produce a high-purity liquid CO2 stream while separating a hydrogen-rich stream that will be purified by the PSA unit. The CO2 stream will be sent for permanent geological storage, while the hydrogen stream can fuel a hydrogen turbine to generate electrical power.. The hydrogen stream can also be used in chemical synthesis, or marketed as a clean transportation fuel.

As MRC reported earlier, in Marhc 2021, Honeywell announced that Hengli Petrochemical Co. Ltd. successfully used Callidus burner technology from Honeywell UOP to minimize nitrogen oxide (NOx) and carbon monoxide (CO) emissions in China, and reduce the impact of these emissions while ensuring safe and stable operations.

Besides, in November, 2020, Honeywell announced Zhenhua Petrochemical Co. Ltd will use Honeywell UOP’s C3 Oleflex technology for propane dehydrogenation to process 1 million metric tons per year of polymer-grade propylene for a proposed plant in Dongying City, Shandong Province, China.

Propylene is the main feedstock for production of polypropylene (PP).

According to MRC's ScanPlast report, PP shipments to the Russian market reached 141,870 tonnes in January 2021 versus 123,520 tonnes a year earlier. Supply of homopolymer PP and PP block copolymers increased.
MRC

MOSCOW (MRC) -- On April 8, GM Canada completed its order of 10 million masks for the Public Health Agency of Canada, said Canplastics.

Since the start of production on May 26, 2020, the team at Oshawa Operations produced approximately one million masks a month to help protect front-line workers and other Canadians during the COVID-19 pandemic.

GM Canada received its Medical Device Establishment License from Health Canada on April 22, 2020, and within about three weeks had sourced materials, built the clean room with enhanced safety protocols, installed the required equipment, and recalled and trained 60 workers for two shifts of production in Oshawa in partnership with Unifor. The first mask delivered to the government was produced on May 26, 2020.

“We want to thank the Government of Canada, our suppliers, and our Unifor partners for their support in making this project possible,” said Scott Bell, GM Canada president and managing director. “Although this milestone marks the end of our contract with Health Canada, GM will leverage the speed and agility of our pandemic response to continue supporting our customers and communities."

To commemorate the Canadian Mask Making (CMM) Room project, the official 10-millionth mask will be donated to the Ingenium, Canada’s Museums of Science and Innovation in Ottawa.

As it was written earlier, GM Canada’s Oshawa Operations produced its one millionth mask out of the Canadian Mask Making (CMM) room for the federal government. Navdeep Bains, minister of Innovation, Science and Industry and Anita Anand, minister of Public Services and Procurement, were on hand at the plant on July 10 to mark the milestone. The automaker has been contracted to produce 10 million masks by the feds, and is manufacturing them at cost at its Oshawa, Ont. plant for the Public Health Agency of Canada.

According to MRC's ScanPlast report, PP shipments to the Russian market reached 141,870 tonnes in January 2021 versus 123,520 tonnes a year earlier. Supply of homopolymer PP and PP block copolymers increased.
MRC