INEOS Oligomers started up its new LV PAO unit at Chocolate Bayou

INEOS Oligomers started up its new LV PAO unit at Chocolate Bayou

INEOS Oligomers has announced that it has started up its new 120,000 tonne per annum Low Viscosity Polyalphaolefin (LV PAO) unit at Chocolate Bayou, TX, said the company.

This facility is the world’s largest single PAO train and complements existing units in La Porte, TX and Feluy, Belgium.

It positions INEOS Oligomers as the world’s largest merchant supplier of LV PAO with an unprecedented production footprint in LV PAO. Facilities operated across 3 distinct locations, provide stronger security of supply to the global lubricants industry.

The new Chocolate Bayou LV PAO unit is fully integrated into INEOS’ production of Linear Alpha Olefin (LAO), the raw material used for PAO. Its feedstocks are also supplied from the adjacent LAO plant that started up in 2020 and from its Joffre, Canada LAO unit.

Peter Steylaerts, Business Director INEOS Oligomers said “Our new LV PAO unit comes at the right time to fulfil increasing needs from the lubricant industry for low viscosity low volatility engine oils, electrical transmission fluids and heat transfer fluids for data servers and electrical batteries. It also brings state of the art technology allowing a step change in efficiency of production."

LV PAOs are used in various lubricants such as engine oils, gear oils, transmission fluids, hydraulic fluids and greases. They offer excellent thermal and oxidative stability, better flow properties and better energy efficiency leading to reduced fuel consumption, reduced emissions, less frequent oil changes and improved reliability of machineries. They are also used in other applications such as processing aids, polymer modification and cosmetics.

As per MRC, INEOS Olefins Belgium is the first industrial player to sign an agreement with Fluxys to participate in the feasibility study for the development of an open access hydrogen network in the port of Antwerp, said the company.
The cooperation follows the market consultation initiated by Fluxys last year to match supply and demand for hydrogen in the Belgian industrial clusters. The European Commission considers hydrogen essential for becoming carbon-neutral. When hydrogen is used as a fuel, it is carbon-free and essentially only water vapour is emitted. It is also an important raw material for the chemical industry.

NEOS Styrolution is the leading global styrenics supplier, with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 90 years of experience, INEOS Styrolution helps its customers succeed by offering solutions, designed to give them a competitive edge in their markets. At the same time, these innovative and sustainable best-in-class solutions help make the circular economy for styrenics a reality. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys/sports/leisure. In 2020, sales were at 4 billion euros. INEOS Styrolution employs approximately 3,600 people and operates 20 production sites in ten countries.
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Neste acquires European rights to Alterra Energy thermochemical liquefaction technology

Neste acquires European rights to Alterra Energy thermochemical liquefaction technology

Neste has purchased the European rights to Alterra Energy’s liquefaction technology, further solidifying the company’s efforts to advance chemical recycling, said Hydrocarbonprocessing.

Alterra Energy is a US-based company that has developed a proprietary thermochemical solution for liquefaction of hard-to-recycle plastic. In Akron, Ohio, the company is already running an industrial-scale facility that transforms end-of-life plastics into an intermediate product, which can be further refined into raw material for new plastics and other petrochemical products.

In 2020, Neste acquired a minority stake in Alterra Energy. Neste has further processed liquefied waste plastic sourced from, among others, Alterra Energy in a series of trial runs at its refinery in Finland. Together with Ravago, Neste also plans to set up a joint venture to deploy the Alterra Energy technology in Vlissingen, the Netherlands. Furthermore, to scale up processing capacities for liquefied waste plastic at its Porvoo refinery in Finland, Neste is currently conducting a feasibility study to examine investing in proprietary pretreatment and upgrading capabilities. Through chemical recycling, the company aims to reduce dependence on virgin fossil resources and accelerate circularity in the production of polymers and chemicals.

"Acquiring the rights to Alterra Energy’s technology in Europe enables us to offer a holistic solution to our partners,” says Heikki Farkkila, Vice President Chemical Recycling at Neste Renewable Polymers and Chemicals. “Neste will be able to provide the full chemical recycling package: from waste plastic to product, offering high-quality drop-in feeds for the production of new polymers and chemicals."

As per MRC, Neste and United Airlines announced that they have signed a new purchase agreement that provides United the right to buy up to 160,000 mtons (52.5 MM gallons) of Neste MY SAF over the next three years to fuel United flights at Amsterdam Airport Schiphol, and potentially other airports, as well. With this agreement, United became the first U.S. airline to make an international purchase agreement for SAF.

As MRC reported earlier, Neste has a target to process annually over 1 MM tons of waste plastic from 2030 onwards. The company plans to use liquefied plastic waste as a raw material at its fossil oil refinery to upgrade it into high-quality drop-in feedstock for the production of new plastics.
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Indorama Ventures enters world-first China license agreement with Shandong Binhua New Material

Indorama Ventures enters world-first China license agreement with Shandong Binhua New Material

Indorama Ventures Public Company Limited, a global sustainable chemical company, has signed a license agreement with Shandong Binhua New Material Co., Ltd., a subsidiary of Befar Group, a leading petroleum and chemical enterprise in China, to build, own and operate a propylene oxide (PO), t-Butanol (TBA) and t-Butyl methyl ether (MTBE) co-production unit, said Hydrocarbonprocessing.

Featuring the world’s only MTBE ‘single-step’ reaction technology, IVL’s proprietary innovation, the project is part of the ‘C3 and C4’ comprehensive utilization project in Shandong, China. It is one of the largest in the province, covering an area of over one million square meters.

"On completion, this project will be able to produce 600,000 tons of propylene, 800,000 tons of butane isomerization, 150,000 tons of synthetic ammonia, 240,000 tons of propylene oxide and 742,000 tons of MTBE per year. With the lowest operational cost of all other propylene oxide technologies and close to 50 consecutive years of successful and safe operation, the license with IVL was selected because of its superiority, unique features, and competitiveness,” said Mr. Liu Hongan, Vice President of Befar Group and General Manager of Shandong Binhua New Material Co. Ltd.

Under the contract, IVL will provide a design package, technology, operational know-how and training to enable the construction and operation of a PO co-production with MTBE and TBA units for Binhua. The plant is part of a larger complex comprising propane dehydrogenation to propylene, butane isomerization, synthetic ammonia, and other installations.

Alastair Port, Executive President, Integrated Oxides and Derivatives (IOD), IVL, said, “IVL is honored to be providing this important technology license, enabling the monetization of Binhua’s raw materials in Shandong Province with a world-class and cost-effective plant. Our technology uses 130 U.S. patents and more than four decades of continuous development. This allows IVL to provide both the license, and owner/operator knowledge to deliver the quality and effective solutions a project of this scale requires."

As per MRC, Indorama Ventures completed the acquisition of Ngoc Nghia Industry, one of Vietnam’s leading PET packaging companies. The acquisition will boost IVL's market position as it continues to expand its integrated offering of PET products to major multinational customers throughout the region.
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Howden supplies hydrogen compression solution to refinery expansion mega project

Howden supplies hydrogen compression solution to refinery expansion mega project

Leading global provider of mission critical air and gas handling products, technologies and services, Howden, has signed a contract to supply hydrogen reciprocating compressors for MSB Unit for the Numaligarh Refinery Expansion Project (NREP) in India, said Hydrpcarbonprocessing.

Numaligarh Refinery Limited is expanding its refining capacity from its current three million to 9 MMtpy by installing a new six MMTPA capacity Crude Oil Distillation Unit / Vacuum Distillation Unit and associated downstream process units as part of the NREP.

The hydrogen rich gas compressor supplied by Howden will be used in a Continuous Catalytic Reforming (CCR) process, which is part of Motor Spirits Block Unit for compressing the hydrogen rich gas. This is a unique compressor with six large cylinders to handle the high volume of hydrogen. In this process application, reciprocating piston type compressors are used for low pressure and high capacity hydrogen application. This results in large cylinders of approximately one meter in diameter, for which Howden is known to be the most experienced manufacturer.

Melle Kruisdijk, Managing Director of Howden’s Thomassen Reciprocating Compressors range, commented: "One of the major factors for awarding this contract to Howden was our proven equipment reliability at competitive pricing, whilst meeting all the contractual requirements. With this contract we have demonstrated that we can be competitive in the local market by considering the right approach to address individual requirements."

Parvesh Mittal, Managing Director - India business – Howden, said: “Howden has proudly supported our customers in this region for over five decades. As a leading global provider of mission critical air and gas handling products, we work in partnership with our customers to deliver sustainable and customised solutions for their needs. With four sites in India - Chennai, Delhi, Hosur and Pune - we have responsive local service and delivery teams ready to support our customers."

Howden focuses on helping customers increase the efficiency and effectiveness of their air and gas handling processes, enabling them to make sustainable improvements in their environmental impact. Howden designs, manufactures and supplies products, solutions and services to customers around the world across highly diversified end-markets and geographies.

The business recently announced its target to be carbon Net Zero by 2035 through the purchase of renewable energy and carbon free energy; efficiency gains from energy conservation measures; and by renewable energy projects at its manufacturing facilities. The largest impact the business will have on global sustainability will be through its partnership with customers to supply equipment that will make a major impact on their carbon emissions and sustainability.

As per MRC, TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Ltd. (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialisation of green hydrogen in India. ANIL will target a production of 1 million t of green hydrogen per year (Mtpa) by 2030, underpinned by around 30 GW of new renewable power generation capacity, as its first milestone.
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Sipchem collaborates with Maersk to expand export base

Sipchem collaborates with Maersk to expand export base

Saudi petrochemicals maker Sipchem has signed an agreement with shipping giant Maersk that will enable the two parties to collaborate on ocean transportation and storage at the King Abdullah Port, said Arabnews.

Through this agreement, Sipchem is aiming to expand its export base, the company said in a press release. The deal will enable Sipchem to gain a stronger position among regional and international petrochemical producers, it said.

The company said it will play a leading role in contributing to the growth of Saudi Arabia’s export market.

"This new business direction will see us take full advantage of the Kingdom’s unique geographical position, which has helped make it a major global trade hub. Capitalizing on the port’s capabilities also reflects our commitment to furthering the Kingdom’s broader Vision 2030 ambitions for global trade and commerce,” Sipchem’s Vice President Mater Aldhafeeri said.

As per MRC, Sahara International Petrochemical Co. (Sipchem) is planning to mothball the Polybutylene Terephthalate (PBT) plant, owned by its affiliate, Sipchem Chemical Co., and Ethylene Vinyl Acetate (EVA) Film plant that is owned by affiliate firm, Saudi Specialized Products Co. Steps to implement the decision are underway, Sipchem said in a statement to Tadawul, adding that the suspension of both plants will start on Jan. 1, 2021, until further notice. The company expects a positive financial impact starting from Q1 2021 results.

According to ICIS-MRC Price report, on Wednesday, 10 March, 1,500 tonnes of Turkmenbashi refinery's PP raffia grade were put up for export sale at the State Commodity and Raw Materials Exchange of Turkmenistan. The starting price was set at USD1,515/tonne FOB/FCA. PP prices were growing dynamically during the trades and finally reached another record - USD1,775/tonne FOB/FCA, the total volume of PP was sold in one day.
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