MOSCOW (MRC) -- Royal Dutch Shell Plc plans to restart this week units shut in September for a planned overhaul at its 302,800 barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery, reported Reuters with reference to sources familiar with plant operations.
Fuel-gas treating units have restarted and work is being completed on the 45,900 bpd reformer and an aromatics unit, the sources said.
A Shell spokesperson did not immediately reply to a request for comment.
Shell is preparing to transfer control of the refinery to its joint-venture partner Petroleos Mexicanos (Pemex), Mexico’s national oil company, by the end of the year for USD596 million in cash and debt plus the value of inventory on-hand.
Shell and Pemex announced the sale of Shell’s interest in May. Shell has sold all but two of its refineries as part of a plan to depart US refining.
Shell’s Norco, Louisiana, refinery is restarting following repairs of damage from Hurricane Ida, which struck at the end of August.
As MRC informed earlier, Royal Dutch Shell plans to reduce its refining and chemicals portfolio by more than half, it said in July 2020 without giving a precise timeframe. The move is part of the Anglo-Dutch company's plan to shrink its oil and gas business and expand its renewables and power division to reduce greenhouse gas emissions sharply 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 1,868,160 tonnes in the first nine months of 2021, up by 18% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,138,510 tonnes in January-September 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding statistical copolymers of propylene (PP random copolymers) decreased significantly.
Royal Dutch Shell plc is an Anglo-Dutch multinational oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the biggest company in the world in terms of revenue and one of the six oil and gas "supermajors". Shell is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading.
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