AmSty, Encina sign offtake agreement for polystyrene feedstocks

AmSty, Encina sign offtake agreement for polystyrene feedstocks

MOSCOW (MRC) -- Americas Styrenics (AmSty), Houston, as signed a memorandum of understanding with The Woodlands, Texas-based Encina Development Group that enables AmSty to purchase up to 250,000 tons per year of circular feedstocks from Encina’s facilities, said the company.

Encina produces circular materials using advanced recycling technology that works at the molecular level. AmSty also has signed a formal long-term offtake agreement for the purchase of circular feedstocks from Encina’s first U.S. commercial plant in Point Township, Pennsylvania, which is expected to begin production in early 2025. These circular feedstocks will then be available for purchase as recycled-content credits, based on the International Sustainability and Carbon Certification (ISCC Plus) mass-balance system.

AmSty has committed to ensure that all its polystyrene (PS) products designed for food packaging applications will contain at least 30 percent recycled content by 2030, according to a news release from AmSty.

“This new collaboration is vital to helping AmSty meet that goal and demonstrates our total commitment to a sustainable future across all of our market segments,” says Randy Pogue, AmSty president and CEO.

Tim Barnette, vice president of polymers and sustainability at AmSty, says this new agreement with Encina allows companies across AmSty’s portfolio to offer recyclable, sustainable products. “Now is the time for market leaders to join forces with us to commit to introducing circular polystyrene products at scale,” Barnette says. “We have been working diligently toward this moment and are now ready to move forward commercializing PolyRenew credits in a big way.”

Encina plans to continue to build commercial plants across the U.S. As the company continues to bring more facilities online, AmSty says it plans to enter into additional offtake agreements to purchase circular feedstocks from those facilities.

According to AmSty, both companies have received the ISCC Plus designation, which ensures the sustainability characteristics claimed by the companies are credibly validated.

We remind, Americas Styrenics (AmSty, Woodlands, Texas), the largest polystyrene producer in the Americas, and Agilyx Corporation, a wholly owned subsidiary of Agilyx AS, a pioneer in the advanced recycling of post-use plastics, have announced an agreement to explore the development of a jointly owned advanced recycling facility. The initial scope of this project will be a 50 to 100 ton per day advanced recycling facility located at AmSty’s Styrene production facility in St. James, Louisiana.

BP says two killed in Ohio refinery fire

BP says two killed in Ohio refinery fire

MOSCOW (MRC) -- BP said on Wednesday two of its staff were killed after sustaining injuries in a fire at its 150,800 barrel-per-day Toledo, Ohio, refinery, said Reuters.

"The fire was extinguished last night and refinery was safely shut down and remains offline," a company spokesperson said.

"All other staff is accounted for and our employee assistance team is on site."

The cause of the fire is not known, but leaking fumes from a crude unit may have caused the ignition in another unit at the facility, a source told Reuters.

Workers finished a maintenance turnaround at the facility in recent weeks and the plant had resumed operating, according to the source.

In August, Cenovus said it would buy the remaining 50% stake it does not already own in the BP-Husky Toledo Refinery. The deal is expected to close by the end of 2022.

In 2008, Husky Energy Inc formed a joint venture with BP by acquiring a 50% stake in the Toledo refinery. The stake then moved to Calgary-based Cenovus when it combined with Husky in 2021.

We remind, BP Plc restarted the largest crude distillation unit (CDU) at its 435,000 bpd Whiting, Indiana, refinery.
BP restarted the 250,000-bpd Pipestill 12 CDU as part of restoring production at the Whiting refinery following an Aug. 24 fire, which idled key utilities forcing the entire plant to shut down.

W. R. Grace & Co. welcomes new UNIPOL polypropylene technology licensee in Indonesia

W. R. Grace & Co. welcomes new UNIPOL polypropylene technology licensee in Indonesia

MOSCOW (MRC) -- W. R. Grace & Co. (Grace) the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) technology, has received a commitment from PT Kilang Pertamina International (PT KPI) to use Grace’s UNIPOL PP technology, which is part of its larger initiative, the Trans-Pacific Petrochemical Indotama (TPPI) Olefin Complex Development Project in Indonesia, said Hydrocarbonprocessing.

This project will empower PT KPI to increase refinery and polyolefin capacity by addressing the gap between strong demand growth of petrochemicals and the shortage in domestic production capacity.

The 600,000 tpy polypropylene plant will be designed to produce homopolymers, random and impact copolymers to cover domestic and international market needs.

Laura Schwinn, President of Grace’s Specialty Catalysts business said, “We thank PT KPI for trusting Grace UNIPOL PP technology to deliver the technology, innovation and services that PT KPI will use to grow and enhance the polymer market in Indonesia and beyond. As a member of the UNIPOL PP technology global community, through the PPartner Program, they can gain access to services and knowledge for the lifetime of the plant to enhance efficiency and performance."

As MRC reported previously, W. R. Grace & Co., has recently awarded Oriental Energy a UNIPOL polypropylene (PP) process license for its Maoming plant in China. This is Oriental Energy's fifth PP production line and its fourth, which uses the Grace UNIPOL PP process with a production capacity of 400,000 tonnes per year.

Air Products to start construction of second liquid hydrogen plant in Rotterdam

Air Products to start construction of second liquid hydrogen plant in Rotterdam

MOSCOW (MRC) -- Air Products announced plans to start construction of a second hydrogen liquefaction plant in Rotterdam, the Netherlands, said the company.

This new source is in addition to the company's existing liquid hydrogen plant in Botlek, the Netherlands. Once operational in 2025, the plant will double Europe's total current liquid hydrogen capacity.

Liquid hydrogen produced at the plant will be used to supply increased demands from high tech industries as well as the mobility market. It will contribute to the decarbonisation of heavy-duty vehicles on Europe's path to climate neutrality by 2050.

Air Products is committed to contribute to the role of hydrogen in the energy transition. This project is an important milestone and a great addition to Air Products' hydrogen capabilities in Europe.

We remind, Imperial Oil has announced a long-term contract with Air Products which will supply low-carbon hydrogen for its proposed renewable diesel complex at its Strathcona refinery near Edmonton, Alberta. Air Products will provide pipeline supply from its hydrogen plant under construction in Edmonton and increasing overall investment in the facility to CAD$1.6bn to support the contract.

Air Products is a world-leading industrial gases company in operation for 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition.

Chemours cuts second-half earnings forecast

Chemours cuts second-half earnings forecast

MOSCOW (MRC) -- Chemours has cut its full-year 2022 earnings guidance because of a continued decline in the demand outlook for titanium dioxide (TiO2) throughout Q3, most notably in Europe and Asia, said the company.

“Lower demand, coupled with continued high input costs, have impacted our projected results for the full year,” Mark Newman, CEO of the US-based producer, said in an update on Wednesday. In response, Chemours will be extending a scheduled outage on one of its production lines, in addition to other cost actions, he said without disclosing details.

Chemours’ adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for 2022 is now expected at between $1,400-$1,450m – at midpoint about 7% below the midpoint of the prior guidance range. However, earnings are expected to come in at about 9% above their 2021 level.

Chemours added that the reduction in the 2022 guidance was driven entirely by its Titanium Technologies segment.In its two other segments – Thermal & Specialized Solutions, and Advanced Performance Materials – Chemours expects “to drive 2022 earnings growth even as we enter the seasonally weaker second half,” Newman said.

“Our revised outlook assumes that the economic factors we’ve mentioned will not worsen or accelerate,” he added.

Chemours is due to announce its Q3 results after market close on 25 October.

We remind, The Chemours Company (Wilmington, Del.) announced that it will be expanding its Chemours Opteon YF (HFO-1234yf) capacity to help meet customer needs as they continue transitioning to lower GWP refrigerants. The Opteon YF and YF blends refrigerants are now used in millions of vehicles and thousands of retail stores around the world, with zero ozone depletion potential (ODP) and global warming potential (GWP) that is significantly lower than the legacy refrigerants.