Hyosung to start up new PP plant in Vietnam in August

Hyosung to start up new PP plant in Vietnam in August

MOSCOW (MRC) -- Hyosung Vina Chemicals Co Ltd plans to bring online its new No. 2 polypropylene (PP) plant in Southern Vietnam in August 2021, according to CommoPlast.

Besides, a new 600,000 tons/year propane dehydrogenation (PDH) unit is also scheduled for a start-up at the same site next month.

Thus, the start-up of the company's new PDH unit will enable the launch of its second PP plant with a capacity of 300,000 tons/year.

The company already operates No. 1 PP plant in Southern Vietnam with the same production capacity, using external sources of propylene. It was shut down on 9 July, 2021, due to an unspecified technical issue and is expected to remain off-line between three to four weeks.

As MRC informed before, following the start-up at the newly constructed PP plant in Vietnam on 12 February 2020, it was reported that Hyosung reached on-spec cargoes approximately in mid-February. The first prime grade parcels were homo-PP yarn grade F501N with a melt index of 3.7.

According to MRC's ScanPlast report, PP shipments to the Russian market were 607,8900 tonnes in January-May 2021, up by 33% year on year. Shipments of homopolymer PP and PP block copolymers increased, whereas deliveries of PP random copolymers decreased.

Hyosung Corporation is a Korean industrial conglomerate, founded in 1957. It operates in various fields, including the chemical industry, industrial machinery, IT, trade, and construction.
MRC

NikoMag plans to increase its magnesium hydroxide production capacity

MOSCOW (MRC) - CJSC NikoMag, a member of the Nikokhim group, plans to increase the production capacity of its magnesium hydroxide plant from 25,000 to 40,000 tonnes per year, according to a statement from Volgograd-based Kaustik, which owns by a group of companies "Nikokhim".

The company plans to complete the expansion project in early 2023.

It is noted that the project for the expansion of production will be carried out through the installation of additional equipment and technological units. Also, all technical changes will be carried out during regular repairs of the plant, so the existing production facilities for the production of magnesium hydroxide will remain fully operational.

Earlier it was reported that at the Volgograd Kaustik in July 2015, CJSC "NikoMag" launched the production of magnesium oxide and magnesium hydroxide. The production capacity of nanostructured magnesium hydroxide was 25,000 tonnes per year, magnesium oxide - 30,000 tonnes per year.

Nanostructured magnesium hydroxide is widely used as a filler and fire retardant in the production of cable compounds and non-combustible polymer composite materials. When introduced into the structure of polymer compounds, it provides a significant increase in their quality, higher fire resistance.

ZAO NikoMag, a member of the Nikokhim group, is a joint project of Caustic, RUSNANO and Sberbank of Russia. The total project budget is 3.8 bn roubles. The new plant of CJSC "NikoMag" is located at the industrial site of Kaustik.
MRC

Clariant expands its emission control catalysts capacity

Clariant expands its emission control catalysts capacity

MOSCOW (MRC) – Clariant Catalysts is expanding and enhancing its capacity for emission control catalysts to meet growing global demand, particularly in China, as per the company's press release.

The company just recently commenced operations at an additional, upgraded production facility in Heufeld, Germany, which features state-of-the-art production equipment exclusively dedicated to emission control catalysts.

Production capacity for the catalysts has been increased to enable a volume growth of 100% compared to 2019. The site, which now includes two units, covering a combined area of 1500 m2. The plant operates under rigorous quality controls, and is certified to ISO 9001, ISO 14001 and ISO 50001 standards.

Stefan Heuser, Senior Vice President and General Manager of Clariant Catalysts, stated, “As governmental emission control standards are intensified around the world, our customers can rely on the ample supply of our innovative EnviCat catalysts to effectively and cost-efficiently meet even the most stringent targets.”

Clariant’s EnviCat emission control catalysts are proven to remove harmful chemical compounds with an excellent conversion efficiency of up to 99% and beyond. The catalysts are suitable for off-gas abatement in a diverse range of applications, from chemical production plants to stationary engines and turbines. The EnviCat range includes catalysts for the removal of various harmful emissions, including volatile organic compounds (VOCs), hydrocarbons, carbon monoxide, nitrous oxide, nitrogen oxide, and ammonia.

Demand for Clariant’s emission control catalysts has increased dramatically worldwide, particularly in China, where strict new legislation has been introduced to improve the air quality. In 2020 and the first half-year of 2021, 56 chemical producers in the country decided to upgrade their chemical production facilities with Clariant emission control catalysts. Strong growth comes from emission control for applications such as propane dehydrogenation (PDH), as well as acrylic acid, acrylonitrile, and acrylonitrile butadiene styrene (ABS) production. Here, Clariant’s advanced technologies help customers meet stringent governmental emission control standards and sustainable development regulations.

As MRC reported earlier, in October 2020, Clariant announced the construction of a new state-of-the-art catalyst production site in China. This project represents a significant investment which further strengthens Clariant’s position in China and enhances its ability to support its customers in the country’s thriving petrochemicals industry.

The new facility will be primarily responsible for producing the Catofin catalyst for propane dehydrogenation, which is used in the production of olefins such as propylene. Thanks to its excellent reliability and productivity, Catofin delivers superior annual production output compared to alternative technologies, resulting in increased overall profitability for propylene producers, says the company. Construction at the Dushan Port Economic Development Zone in Jiaxing, Zhejiang Province was scheduled to commence in Q3 2020, and Clariant expects to be at full production capacity by 2022.

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

According to MRC's ScanPlast report, PP shipments to the Russian market were 607,8900 tonnes in January-May 2021, up by 33% year on year. Shipments of homopolymer PP and PP block copolymers increased, whereas deliveries of PP random copolymers decreased.

Clariant AG is a Swiss chemical company and a world leader in the production of specialty chemicals for the textile, printing, mining and metallurgical industries. It is engaged in processing crude oil products in pigments, plastics and paints.
MRC

Eni expands its renewable energy footprint in Spain by acquiring wind, solar projects

Eni expands its renewable energy footprint in Spain by acquiring wind, solar projects

MOSCOW (MRC) -- Italian energy company Eni is expanding its renewable energy presence in Spain with the acquisition of wind and solar power projects amounting to 1.2 GW, reported S&P Global with reference to the company's statement on July 26.

Eni's retail division, gas e luce, which it has integrated with its renewable power operations, signed an agreement with Azora Capital to buy the portfolio of nine renewable energy projects in Spain, it said in a statement.

Eni will acquire three wind farms in service and one under construction in central-northern Spain, totaling 230 MW, in addition to five solar projects totaling around 1 GW, in advanced development.

"This operation allows us to increase our renewable power generation capacity with immediate effect, in compliance with our plan targets and at the same time reinforce our growth prospects through a pipeline of solar projects in a strategic market like the Spanish one," Eni CEO Claudio Descalzi said in the statement.

The two companies will work together to target first production from the projects under construction or in development by 2024.

Eni aims to have 4 GW of installed renewable capacity globally by 2024, with a customer base of over 11 million, expanding to 15 GW of renewables and 15 million customers by 2030.

As MRC wrote previously, Italian energy group Eni is evaluating conversion of its Livorno refinery in northwest Italy into a biorefinery, as part of the Italian company's wider strategy to make its activities more environmentally sustainable. Eni has already converted two of its Italian refineries and is looking to almost double its biorefining capacity to around 2 million mt/year by 2024, and expand this to at least five times by 2050, as part of its pledge to achieve complete carbon neutrality by 2050.

Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 953,400 tonnes in the first five months of 2021, which virtually corresponded to the same figure a year earlier. High denisty polyethylene (HDPE) shipments decreased. At the same time, PP shipments to the Russian market were 607,8900 tonnes in January-May 2021, up by 33% year on year. Shipments of homopolymer PP and PP block copolymers increased, whereas deliveries of PP random copolymers decreased.

Eni, abbreviation of Ente Nazionale Idrocarburi, in full Eni SpA, Italian energy company operating primarily in petroleum, natural gas, and petrochemicals. Established in 1953, it is one of Europe's largest oil companies in terms of sales.
MRC

Sinopec purchased carbon emission quota from China Resources Group

Sinopec purchased carbon emission quota from China Resources Group

MOSCOW (MRC) -- Chinese giant Sinopec has closed the first bulk agreement transaction on China’s recently launched national carbon market, said Upstreamonline.

Sinopec confirmed it had purchased 100,000 tonnes of carbon emission quota from China Resources Group on 21 July, marking the first bulk agreement transaction since last week’s launch of the national carbon market.

Sinopec has a total of 17 subsidiaries participating in the national carbon market, while its carbon trading business is operated by its wholly-owned subsidiary China International United Petroleum & Chemicals (Unipec).

The company claims to be accelerating the construction of a clean, low-carbon energy supply system as it targets a reduction in its annual methane emission intensity by 50% by 2025.

It forms part of Sinopec’s "one foundation, two wings and three news" strategy, which looks to lay a strong foundation with “energy resources”, strengthen the "two wings" of improving clean oil quality and modern industrial development, while the "three news" covers exploring new energy, new material and new economy.

China is currently the world’s largest emitter of greenhouse gases, but it has set climate goals of reaching peak CO2 emissions by 2030 on its path to carbon neutrality by 2060.

As per MRC, Sinopec Qilu Petrochemical, a subsidiary of one of the world's largest energy and chemical companies, Sinopec, closed on July 9 for unscheduled repairs a high-density polyethylene (LDPE) plant in the city of Zibo (Zibo, China). Thus, maintenance at this enterprise, which can produce 175 thousand tons of LDPE per year, will be carried out within one month, until August 9.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 953,400 tonnes in the first five months of 2021, which virtually corresponded to the same figure a year earlier. High denisty polyethylene (HDPE) shipments decreased. At the same time, PP shipments to the Russian market were 607,8900 tonnes in January-May 2021, up by 33% year on year. Shipments of homopolymer PP and PP block copolymers increased, whereas deliveries of PP random copolymers decreased.

Sinopec Corp. is one of the world's largest integrated energy and chemical companies. Business of Sinopec Corp. includes oil and gas exploration, production and transportation of oil and gas, oil refining, petrochemical production, production of mineral fertilizers and other chemical products. In terms of refining capacity, Sinopec Corp. ranks second in the world, fourth in terms of ethylene capacity.
MRC