thyssenkrupp to build three major polymer plants for SASA in Turkey

thyssenkrupp to build three major polymer plants for SASA in Turkey

MOSCOW (MRC) -- thyssenkrupp Uhde’s subsidiary Uhde Inventa-Fischer signed a contract to build three new polymer plants for SASA Polyester Sanayi A.S in Adana, Turkey, according to Hydrocarbonprocessing.

One plant is planned to produce 1,050 metric tpd (380,000 tpy) polyethylene terephthalate (PET) for low viscosity application combined with a Co-PET plant with a capacity of 100 metric tpd (36,000 tpy). The third plant will use Uhde Inventa-Fischer’s proprietary patented MTR (Melt-to-Resin) technology to produce 330,000 tpy of resin for the production of PET bottles.

Dr. Mustafa Kemal Oz, GM of SASA POLYESTER SANAYI A.S. said, “We are pleased to choose again Uhde Inventa-Fischer for our new investments. SASA is racing to global leadership in polyester production with its state-of-the-art world class production facilities. It is an honor to continue our cooperation with UIF who has been always a good business partner of our growth strategy.”

Werner Steinauer, CEO of Uhde Inventa-Fischer said, “We are very proud that SASA chose us to build further state-of-the-art PET plants after we were assigned to build already Line 1, Line 2, and Line 3.”

Scope of delivery for all plants includes basic and detail engineering, delivery of all necessary components, technical services regarding plant erection as well as supervision of erection and commissioning.

As MRC wrote before, in January, 2022, thyssenkrupp Uhde Chlorine Engineers signed a supply contract with Shell for the large-scale project ‘Hydrogen Holland I’ in the port of Rotterdam, the Netherlands. Under the contract, thyssenkrupp Uhde Chlorine Engineers will engineer, procure and fabricate a 200 MW electrolysis plant based on their large-scale 20 MW alkaline water electrolysis module. First construction work for the electrolysers will likely begin in spring 2022. Shell’s final investment decision to build the ‘Holland Hydrogen I’ is expected in 2022, after which the intended start of production will be in 2024.

thyssenkrupp Uhde Chlorine Engineers offers world-leading technologies for high-efficiency electrolysis plants. The company, a Joint Venture with Industrie De Nora, has extensive in-depth knowledge in the engineering, procurement, and construction of electrochemical plants and a strong track record of more than 600 projects with a total rating of over 10 gigawatts already successfully installed. With its water electrolysis technology to produce green hydrogen, the company offers an innovative solution on an industrial scale for green value chains and an industry fueled by clean energy – a major step towards a climate-neutrality.

Saudi Aramco in talks on more investments in China

Saudi Aramco in talks on more investments in China

MOSCOW (MRC) -- Oil giant Saudi Aramco is in talks with partners in China about further investments in the country, according to CEO, Amin Nasser, said Hydrocarbonprocessing.

"China is an important part of Aramco's base," Nasser told reporters on the sidelines of a conference in Saudi Arabia. "And we are currently in discussions with a number of our partners in China for more investment," he said, declining to disclose the nature or size of potential investments.

Nasser said last year that Aramco expects opportunities for further investment in downstream projects in China - the world's biggest importer of crude oil - to help the country meet its needs for heavy transport and chemicals, as well as lubricants and non-metallic materials. He told the conference on Monday that while oil demand globally is close to reaching pre-pandemic levels, investment in the sector is inadequate to sustain global supplies in the short to medium term.

Aramco is working on boosting its maximum sustained capacity to 13 MMbpd by 2027, Nasser told reporters, from 12 MMbpd currently. "It will be a gradual build from '25 to '27," he said. The company will allocate more capital for investments, including to boost maximum sustained capacity and gas supply.

"We will have, very soon, an earnings call after we announce our numbers, and we will be explaining more about what we are doing," he said, responding to a question on whether Aramco would use rising income due to higher oil prices on capital expenditure or dividends. "But definitely, more capital allocation for our investment," he said.

Nasser said total global investment in the oil and gas sector has halved since 2014 to USD350 B. "You've seen what happened in Europe right now and parts of Asia in terms of energy prices going very high, impacting customers all over the world," he said.

"This is mainly because of the strategies and policies that curtailed investment in certain sectors ... only advocated and supported renewables and alternatives without reaching the point of realization that you need to support all energy sources over the long-term in order to ensure that there is adequate supply to support healthy growth."

Aramco completed the world's largest initial public offering in late 2019, raising USD29.4 B on the Riyadh bourse. Saudi officials have previously raised the possibility of selling more shares in Aramco. Responding to a question on whether further shares of Aramco would be sold in Saudi Arabia or abroad, Nasser said: "This is a government decision when the major shareholder to decide if they would like to list more of Saudi Aramco."

As MRC informed before, in June 2020, Aramco finalized its USD69 billion acquisition of a 70% stake in Saudi Basic Industries Corp., the Middle East's biggest petrochemical maker. SABIC reported more than a fivefold year-on-year increase in its Q3 net profit to USD1.49 billion thanks to higher average sales prices.

Sabic, its parent company Saudi Aramco and Poland's PKN Orlen have signed a memorandum of understanding to build a cracker and other facilities in Central and Eastern Europe.

Saudi Aramco, officially the Saudi Arabian Oil Company, is a Saudi Arabian national oil and natural gas company based in Dhahran, Saudi Arabia. Saudi Aramco's value has been estimated at up to USD10 trillion in the Financial Times, making it the world"s most valuable company. Saudi Aramco has both the largest proven crude oil reserves, at more than 260 billion barrels, and largest daily oil production.

COVID-19 - News digest as of 21.02.2022

1. Stepan Q4 net income decreased by 44%

MOSCOW (MRC) -- Stepan’s Q4 net income fell 44% year on year to USD17m amid global supply chain disruptions and inflationary pressures, said the company. Furthermore, the prior-year Q4 benefited from a one-off USD13m insurance recovery related to a plant outage at Millsdale, Illinois in 2020. Operating income fell to USD32.4m, from USD43.3m in Q4 2020, primarily due to supply chain disruptions and lower sales volume. Global Surfactant sales volume decreased 9% on lower demand for cleaning products in the consumer products business, partially offset by higher demand for products sold into the institutional cleaning and functional product end markets.


Mitsui Chemicals partners with three companies for development of tehcnology to produce feedstock for plastics

Mitsui Chemicals partners with three companies for development of tehcnology to produce feedstock for plastics

MOSCOW (MRC) -- Mitsui Chemicals, Maruzen Petrochemical Co., Toyo Engineering Corporation and Sojitz Machinery Corporation announced that a joint pilot project to be demonstrated by the four companies is to be funded by the New Energy and Industrial Technology Development Organization, according to Hydrocarbonprocessing.

The project partners had applied to the Green Innovation Fund for projects aimed at the development of technology for producing raw materials for plastics using CO2 and other sources, focusing in particular on the development of advanced technologies for naphtha crackers.

The goal of the pilot project is to switch naphtha crackers from running on conventional methane-based fuel to one in which ammonia is the principal component, thereby reducing the CO2 emissions generated by combustion. The trial is expected to run for 10 years in order to be implemented in society after feasibility has been demonstrated in an entirely ammonia-fired commercial cracker in the project’s final year.

As MRC informed before, earlier this month, Covestro entered into an agreement with Mitsui Chemicals on the supply of raw materials phenol and acetone from ISCC Plus certified mass-balanced sources. Both components will be used for the production of polycarbonate at Covestro's Asian sites in Shanghai, China, and Map Ta Phut, Thailand. The high-performance plastic is used, for example, in car headlights, LED lights, electronic and medical devices and automotive glazing. Japan's Mitsui Chemicals and Mitsui & Co., Ltd are already a long-standing supplier to Covestro.

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 2,265,290 tonnes in the first eleven months of 2021, up by 14% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,363,850 tonnes in January-November, 2021, up by 25% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding PP random copolymers decreased significantly.

Mitsubishi companies advance plans for sustainable MMA production

Mitsubishi companies advance plans for sustainable MMA production

MOSCOW (MRC) -- Mitsubishi Chemical Corporation (MCC) and its subsidiary, Mitsubishi Chemical Methacrylates (MCM announced plans to design and build a pilot plant to further validate the technology, said the company.

Three possible pathways to creating sustainable MMA, including the molecular recycling of acrylic resin; substituting conventional materials with drop-in plant-derived raw materials in the existing MMA monomer manufacturing process; and the direct production of MMA monomers from plant-derived raw materials by fermentation were explored. The promising results using the drop-in route have now led to the decision to commence with the design process for a new pilot plant using this technology.

According to MCC and MCM, applying plant-derived raw materials to the existing process will enable the production of MMA based on 100% bio-derived carbon. The companies said that the pilot plant is scheduled to go into operation in fiscal year 2023. After demonstrating the viability of the new technology, this will then be implemented at existing commercial-scale plants in 2026.

The companies are also working on the development of new catalysts and processes to improve the productivity and efficiency of its existing MMA monomer manufacturing technologies and to shrink the environmental impact of these processes by reducing energy consumption and emissions during manufacturing.

MMA is a raw material for acrylic resin used in automobile lamp covers, signboards, aquarium tanks, paints, building materials and many other items. Global demand for MMA already exceeds 3.6 million tons and is expected to continue to grow at the same level as GDP in every country.

As the top MMA manufacturer in the world and a leading player in the global MMA and acrylic resin industry, the companies will actively pursue the ‘potential of this business, work with stakeholders around the world to reduce the environmental burden of the entire supply chain and seek to actively lead the efforts to realise a circular economy’, the companies declared in a statement announcing the plans.

Mitsubishi plans to restart methyl methacrylate (MMA) production in Billingham, UK at the start of the second quarter after a scheduled overhaul. The production capacity in Billingham is 200,000 tonnes of MMA per year. The company closed this production for repairs on 28 January. Previously, it was expected that the repair would last 10-12 weeks.

Earlier it was reported that Mitsubishi Chemical plans to close production of methyl methacrylate (MMA) on line No. 2 in Otake (Japan) in April for scheduled repairs. This line with a capacity of 60,000 tonnes per year will be closed for maintenance until June this year to replace computers at the enterprise. The company also operates line No. 1 with a capacity of 110,000 tonnes of MMA.

The Japanese integrated chemical company Mitsubishi Chemical was established on October 1, 1990 as a result of the merger of Mitsubishi Kasei and Mitsubishi Petrochemical Co. Due to the wide scope of its activities, it is one of the ten leading chemical companies in the world.