Sulzer Chemtech Technology selected for DSI Naphthalene expansion

Sulzer Chemtech Technology selected for DSI Naphthalene expansion

Sulzer Chemtech is providing process engineering and key equipment for the expansion of Dongsuh Indonesia (DSI) naphthalene downstream sector, said Process-worldwide.

The delivery of an advanced separation unit to DSI’s plant in Serang, Indonesia, will enable the production of high purity naphthalene that can be used for applications with stringent quality requirements.

DSI’s facility in Serang processes naphthalene from coal tar to deliver the valuable chemicals. To this end, the plant has been producing naphthalene related products. In order to increase the purity level of its raw materials and end products as well as serving the broader downstream sector, the company selected Sulzer Chemtech’s proven falling film crystallization technology.

Prior to the delivery of the purification unit, Sulzer Chemtech completed extensive feasibility and pilot testing ahead of its basic engineering package. This helped ensure DSI to produce different concentrations, including levels of up to 99.9 wt % at an overall production capacity of 7’000 metric tons per annum.

Song Ho Kim, President of DSI, says: “We are extremely happy with the collaboration established with Sulzer Chemtech. Their solution for crystallizing naphthalene is a leader in the market, so when looking at advancing our offering, we were confident we should invest in this technology. The flexibility of our operations will also be improved, helping us address different market needs while optimizing operational expenses and profitability. We look forward to installing the unit and beginning our first-grade naphthalene operations shortly.”

We remind, Sulzer Chemtech (GTC Technology) and BASF have signed a MoU with the goal of advancing technologies for renewable fuels and chemically recycled plastics that will further expand the partners’ portfolio of sustainable solutions. The companies enter a strategic partnership to reduce the carbon intensity of renewable diesel and sustainable aviation fuel. They will also drive the development of innovative, cost-effective chemical processing solutions to improve the conversion of plastic waste into new plastics.

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Toyo Engineering bags contracts from Tosoh, BASF

Toyo Engineering bags contracts from Tosoh, BASF

TEC Project Services Corporation, a domestic subsidiary of Toyo Engineering Corporation was awarded a construction contract from Tosoh Corporation for developing separation and purification agent manufacturing facilities at the Nanyo Complex Shunan-shi, Yamaguchi in Japan, said Process-worldwide.

The lump-sum contract comprises engineering design, procurement and construction services for the project, which is expected to be complete in July 2024.

Toyo Engineering Corporation was also awarded an engineering, procurement support and construction management services contract for an acrylic acid plant and an ethylene plant at BASF’s Zhanjiang Verbund Project, a large-scale petrochemical complex in Zhanjiang City, Guangdong Province, China.

This new Verbund site project was officially commenced in November 2019, and it is BASF’s largest investment with up to 10 billion euros by 2030. It would be operated under the sole responsibility of BASF. The site would ultimately be the third-largest BASF site worldwide, following Ludwigshafen, Germany, and Antwerp, Belgium.

We remind, Toyo Ink SC Holdings Co Ltd has announced plans to double the laminating adhesives production capacity from the current level at its Malaysia-based subsidiary Toyochem Specialty Chemical Sdn Bhd. By strengthening its global supply chain, the Toyo Ink Group plans to expand sales of high-functionality and environmentally friendly solutions such as solvent-free adhesives, the demand for which is expected to grow worldwide.
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KBR to help reduce emissions at Deepak Fertilizers and Petrochemicals sites

KBR to help reduce emissions at Deepak Fertilizers and Petrochemicals sites

KBR has been awarded a contract by Deepak Fertilizers and Petrochemicals Corporation Ltd. (DFPCL) to help three DFPCL plants achieve lower emissions and simultaneously increase production capacity, said Chemengonline.

“We have a long-standing relationship with DFPCL and are pleased to help them modernize their existing assets and lower their carbon-footprint,” said Doug Kelly, president of KBR Technology. “We are confident that these plants will continue to contribute towards DFPCL’s business and ESG objectives.

We remind, KBR, Inc. (Houston) announced that it has won a contract from GS Caltex (Seoul, South Korea)for its planned plastics circularity project in South Korea. Based on KBR and Mura’s Hydro-PRT process, the 50,000-ton/yr unit will convert waste plastics into raw materials for conversion into new plastics, achieving total circularity.

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MOL and QatarEnergy Sign Long-term Charter Deal for Three Newbuilding LNG Carriers

MOL and QatarEnergy Sign Long-term Charter Deal for Three Newbuilding LNG Carriers

MOL announced that, through a subsidiary, it signed a long-term charter contract for three newbuilding liquefied natural gas (LNG) carriers with QatarEnergy, said the company.

The vessels will be built at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. in China, and are scheduled for delivery in 2027.

MOL signed a long-term charter contract with QatarEnergy in April 2022 for four newbuilding LNG carriers, and the relationship between QatarEnergy and MOL will be further expanded by three LNG carriers through the latest contract.

QatarEnergy is undertaking the North Field Expansion Project to increase its LNG production capacity to 126 million tons per annum by 2027. MOL, through its further participation in LNG projects in Qatar, will contribute to stable global LNG supply and enhance the maritime transport of the next-generation, environment-friendly energy resources.

We remind, MOL’s third-quarter clean current cost of supplies (CCS) earnings before interest, tax, depreciation and amortisation (EBITDA) for its petrochemical division fell by 90%, year on year. The company said its margins for petrochemicals had slumped by 34% during the quarter, year on year. Despite this, earnings before interest and tax (EBIT, or operating profit) more than doubled.

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Arkema Q3 net income falls 8.9%

Arkema Q3 net income falls 8.9%

Arkema achieved a very solid financial performance in the third quarter, marked by a slight increase in EBITDA and strong cash flow generation in a more challenging economic environment, said the company.

Arkema's net income fell by 8.9% year on year in the third quarter amid lower sales volumes. Arkema aims to achieve EBITDA of €2.1bn in 2022, representing annual EBITDA growth at constant scope of around 20% compared with 2021.

"Fourth-quarter EBITDA, which includes the destocking expected at year-end, should be comparable to the pre-Covid level of 2019, but below Q4’21 which benefited from significant restocking," the company said.

We remind, Arkema’s Virtucycle® program places the advanced materials designer at the center of a virtuous cycle to source, recycle, and recertify advanced polymers. In addition to being the specialty recycler, Arkema plays the role of matchmaker among its customers while playing an optional key role in eco-designing the finished product produced from the recycled material.

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