Solvay and Orbia to create a partnership for the production of PVDF

Solvay and Orbia to create a partnership for the production of PVDF

MOSCOW (MRC) -- Solvay and Orbia recently announced their entry into a joint venture framework agreement to create a partnership for the production of suspension-grade polyvinylidene fluoride (PVDF), creating the largest capacity in North Americam said the company.

As it is further stated in a press release, the joint venture will create the largest PVDF production facility for battery materials in the region. The total investment is estimated around 850 million USD, partially funded by a grant to Solvay from the U.S. Department of Energy for a total of 178 million USD.

With more than half of U.S. car sales projected to be electric by 2030, demand for lithium-ion batteries and PVDF, a thermoplastic fluoropolymer used as a lithium-ion binder and separator coating, is revving up. The Solvay-Orbia joint venture would fill a significant supply gap and will build upon favorable regulatory conditions promoting regional production and material security. Solvay, a global leader in PVDF, brings process technology and unparalleled global market know-how to this venture.

With a vertically-integrated value chain and material holdings, Orbia’s Fluorinated Solutions business Koura and Polymer Solutions business Vestolit will supply hydrofluoric acid, vinyl chloride monomer (VCM) and chlorine respectively. In combination, Solvay’s “Solef” PVDF innovations and Orbia’s raw material assets and production expertise will enable delivery of PVDF that optimizes energy storage efficiency by increasing battery energy-density, safety and power.

The total investment is estimated to be around USD850 million, and is expected to be funded in part by a grant awarded by the U.S. Department of Energy of $178 million to Solvay to build a facility in Augusta, Georgia. Solvay and Orbia intend to use two production sites, one for raw materials and the other for finished product, located in the southeastern United States. Both plants are expected to be fully operational by 2026. Commencement of the joint venture is subject to finalizing and entering into definitive agreements between the parties and satisfaction of customary conditions, including obtaining regulatory approvals.

As per MRC, Solvay is partnering with two companies to collect and re-use the limestone residues from its soda ash production in Rosignano, furthering the company’s commitment to continually optimize the efficiency and sustainability of its operations. Pending further tests, the new partnerships could accelerate the decrease of limestone residues released into the sea, building upon the action plan announced in September to invest in new technical solutions at the site.

Atkore announced the acquisition of Elite Polymer Solutions

Atkore announced the acquisition of Elite Polymer Solutions

MOSCOW (MRC) -- Atkore Inc. announced the acquisition of the assets of Elite Polymer Solutions, a manufacturer of High Density Polyethylene (HDPE) conduit, primarily serving telecommunications, utility, and transportation markets for a purchase price of USD91.6 mln, said the company.

“The acquisition of Elite Polymer Solutions strengthens our HDPE conduit product portfolio, expands our national presence and enables us to better serve increased demand for underground protection in the electrical, utility and telecom industries”, said John Pregenzer, President of Atkore’s Electrical business.

We remind, Atkore Inc. announced the acquisitions of two separate but related Oregon-based companies doing business as Cascade Poly Pipe & Conduit and Northwest Polymers. Cascade is a manufacturer specializing in smooth wall HDPE conduit made from recycled materials, primarily serving the telecommunications, utility and datacom markets; and Northwest Polymers is a leading recycler of PVC, HDPE and other plastics and a strategic supply partner to Cascade and other manufacturers in the region.

Elite Polymer Solutions is headquartered in Lovelady, Texas, with approximately 55 employees. It will continue operating at its current location.

Lukoil names best integrated modelling engineers

Lukoil names best integrated modelling engineers

MOSCOW (MRC) -- The city of Perm hosted the first contest of LUKOIL Group organizations among engineers of field development integrated modelling, said the company.

22 engineers presenting 7 regions of the Company's operations competed for the titles of Best integrated modelling engineer and Best engineer-technician team.

Their mastery was judged by heads of LUKOIL subsidiaries and specialized departments of PJSC LUKOIL. The contest was held at the premises of the Research and Education Centre for Sustainable Management of Resources.

An integrated model is a comprehensive mathematical model that describes hydrocarbon production processes and their impact on financials of an upstream enterprise. Since 2012, LUKOIL has been successfully employing this method as one of the most high-end tools to calculate production potential, optimize extraction and devise operating performance plans. ?

Introduction of integrated modelling enabled the Company to implement dozens of economically efficient engineering projects in Western Siberia, Perm region, Astrakhan region, as well as its Iraqi West Qurna-2 field.

The first prize of the contest was awarded to Alexey Taybarey of LUKOIL-Komi LLC. The second place went to Artyom Beslik of KogalymNIPIneft, the city of Tyumen (a branch of LUKOIL-Engineering LLC). Vladimir Shulenin of LUKOIL-Komi LLC became the third. The contest was also held among teams composed of employees of various LUKOIL Group organizations.

We remind, Lukoil finished construction of a Petroleum Residue Recycling Facility with production capacity of 2.1 million tonnes per year at its LUKOIL-Nizhegorodnefteorgsintez LLC refinery. The facility is comprised of a delayed coking unit, diesel fuel and gasoline hydrotreatment unit, fractioning column, hydrogen and sulphur production unit, as well as infrastructure facilities.

St. Croix refinery cannot restart without new permit, air pollution tech

St. Croix refinery cannot restart without new permit, air pollution tech

MOSCOW (MRC) -- U.S. regulators will require a new Clean Air Act permit for a troubled oil refinery in the U.S. Virgin Islands, which could cost its owners hundreds of millions of dollars and take three years or more to obtain, as per Reuters.

The idled St. Croix refinery, formerly the largest in the Western Hemisphere, was expected to boost overall supply in the Caribbean, a key transit point for petroleum shipments, but was shut after just a few months of operation.

The EPA shut down the refinery, formerly called Limetree Bay, in May 2021 after a series of chemical releases into the environment sickened neighboring residents. The refinery was sold for $62 MM in December 2021 to West Indies Petroleum and Port Hamilton Refining and Transportation, following the bankruptcy of its former private equity owners.

The plant owners intend to restart the facility, but have let it fall into disrepair, the EPA said last month. The agency cited equipment corrosion that presents risk of fire, explosion or other "catastrophic" releases of hazardous substances.

An August 2022 fire within the petroleum coke conveyor loading system burned for two weeks, prompting the inspection. The new Prevention of Significant Deterioration (PSD) permit would require detailed air-quality analyses and the use of the best available air pollution control technology, the EPA said Thursday.

A PSD permit limits emissions to levels that would result from the best available air pollution control technology, which the EPA said would likely result in significant reductions of emissions of nitrogen oxides and volatile organic chemicals, and reductions in sulfur dioxide, hydrogen sulfide, carbon monoxide and particulate matter at the facility.

The EPA said the company may choose to install a low NOx burner, sulfur recovery units or scrubbers and carbon monoxide catalysts. The owners could also consider using low sulfur fuel oil and better combustion practices. The new owners must also negotiate a new consent decree with the U.S. Department of Justice (DOJ) and operate a flare gas recovery system, the agency said in March.

An earlier owner, Hovensa, was required to spend USD700 million on pollution control equipment, among other obligations after violating the Clean Air Act by increasing emissions without first obtaining pre-construction permits and installing required pollution control equipment.

Hovensa went bankrupt and shut down the plant the following year; later Limetree Bay Ventures bought the refinery in December 2015.

Trinseo offers sustainable solution for building and construction

Trinseo offers sustainable solution for building and construction

MOSCOW (MRC) -- Trinseo, a specialty materials and sustainable solutions provider, and one of the largest producers of polystyrene in Europe, announced thecommercialization of its STYRON X-TECH™ 4660 Polystyrene Resins for Extruded Polystyrene (XPS), said the company.

The material allows customers in the Building & Construction industry to reduce material consumption in foam insulation boards through Trinseo’s patented cross-linked polystyrene technology.

“Customers are able to lower foam insulation board density without compromising compression strength with our STYRON X-TECH™ 4660 material,” said Alain Minelli, business manager of copolymers and polystyrene. “With extruded polystyrene insulation board, its closed cell foam structure is responsible for providing the long-term durability and rigidity that is needed. Trinseo’s new material impacts this structure by introducing increased melt strength to enhance performance and allow for raw material and cost savings.

“This innovative material was developed by Trinseo’s polystyrene R&D team, and it truly sets a new industry standard.”

STYRON X-TECH™ 4660 Polystyrene Resin offers the same reliability and performance as previous resin formulations with greater sustainability advantage. It has been validated by several Trinseo partners who have been able to reduce weight of insulation board by approximately five percent, reducing carbon emisssions by a corresponding amount.

Trinseo is a significant innovator and investor in polystyrene technologies, recognizing the material’s recyclability and circularity potential. STYRON X-TECH™ 4660 Polystyrene Resin is the latest sustainable innovation that serves a growing demand in the marketplace resulting from the European Green Deal, which was adopted by the European Commission to focus on sustainability strategies on the continent.

As per MRC, Trinseo reported a Q3 net loss and lowered its guidance for the full year, said the company.
The company swung to a net loss because sales fell and costs rose. The company noted declines in sales volumes and customer destocking, particularly in Europe, as well as in consumer durables and building and construction.

Trinseo, a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainability-focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers.