Aggreko launches industry’s largest heat exchanger and exclusive Hastelloy-c Crossflow Exchanger

Aggreko launches industry’s largest heat exchanger and exclusive Hastelloy-c Crossflow Exchanger

MOSOCW (MRC) -- Aggreko, the world’s leading provider of mobile modular power, temperature control and energy solutions, today announced the launch of two new rental heat exchanger fleets, the Large Node Heat Exchanger and the Hastelloy-C Crossflow Heat Exchanger, said Hydrocarbonprocessing.

The readily available equipment provides customers in petrochemical and refinery operations with the industry’s largest heat exchanger, as well as the only exchanger made from Hastelloy. Both products are designed to ensure seamless operations for petrochemical plants, refineries, and complex chemical contexts by maintaining customer production rates and enhancing the equipment processes.

The Large Node Heat Exchanger is, at 5,700 square feet, the largest on the market and enables petrochemical and refinery customers to reduce their carbon footprint by replacing several smaller heat exchangers with a single Large Node Heat Exchanger. This makes them ideal for plants and refineries where space is at a premium, while their ready deployment means Aggreko can quickly install the exchangers with limited production disruption.

Made from a unique corrosion-resistant nickel alloy, the Hastelloy-C Crossflow Heat Exchanger is designed for particular applications in petrochemical plants, refineries, and complex chemical contexts. Unlike other heat exchangers on the market, this material allows for higher resistance to a wide range of corrosive chemicals and gasses. The composition of the Hastelloy-C Crossflow Heat Exchanger enables it to meet unique PCR applications beyond the capabilities of typical exchangers. With the launch of the Hastelloy-C Crossflow Heat Exchanger, Aggreko is the only solutions provider to offer a heat exchanger with this metallurgical composition for PCR customers.

“We’re excited to position ourselves as the only temperature control provider that offers a Hastelloy heat exchanger, along with the industry’s largest exchanger,” says Yvonne McAnally, Product Leader at Aggreko North America. “We’ve long been known as a reliable provider of high-quality heat exchangers that ensure petrochemical and refining facilities can maintain production during maintenance periods and emergency repairs – and we’re pleased to now offer those same services for even more unique applications."

The launch of these two exchanger fleets is the latest step in Aggreko’s ongoing mission to provide temporary solutions to customers that rely on mobile power solutions without compromising reliability or negatively impacting budgets.

As per MRC, Saudi Aramco said it plans to invest in a USD7 B project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's refining complex in the port city of Ulsan. The project, named Shaheen, is the Saudi company's biggest investment in South Korea and will mark the first commercial use of Aramco and Lummus technology to produce chemicals from crude, Aramco said in a statement.


mrchub.com

AkzoNobel launches new generation fillers to accelerate bodyshop performance

Bodyshops can now take advantage of a new generation of fillers from AkzoNobel’s Sikkens and Lesonal vehicle refinishes brands, which help to significantly improve productivity while lowering energy costs, said the company.

Known as Sikkens Autosurfacer Optima and Lesonal 2K Ultimate Filler, the one-stop, fast-drying filler systems have been developed to help save time and money, without compromising on quality.

“Spiraling costs are among the biggest threats to bodyshops in the current economic climate,” explains Patrick Bourguignon, Director of AkzoNobel’s Automotive and Specialty Coatings business. “The new fillers have been developed to help our customers accelerate repair performance while tackling some of the major challenges they face.”

Fast-drying at ambient temperatures, infrared and 60°C curing, the new products speed up cycle times, which frees up space in the spray booth to ultimately lower energy costs by up to 85%*. In combination with the one-stop application method, it can also result in up to 80%* shorter process times when drying with infrared, allowing bodyshops to fit more jobs into a standard work day.

Continues Rob Lagendijk, Product Management Director for the Automotive and Specialty Coatings business: “In addition to the time and energy savings, less paint is needed for each repair – and there’s less waste from not having to sand off as much material – so it makes for much more sustainable repairs.”

Other benefits include enhanced corrosion protection – eliminating the need for time-consuming pre-treatment – which means technicians can start the job immediately, reducing the overall cost of repair. AkzoNobel’s Sikkens and Lesonal brands have a long and proud heritage and are trusted by bodyshops around the world. For more details, visit the Sikkens and Lesonal websites.

We remind, AkzoNobel has reached an agreement with US-based Sherwin-Williams to acquire its Chinese decorative paints business for an undisclosed fee. The deal is expected to be completed in the second half of 2023 and includes the Huarun brand, it said in a statement.

mrchub.com

AkzoNobel acquiring China decorative paints business from Sherwin-Williams

AkzoNobel acquiring China decorative paints business from Sherwin-Williams

AkzoNobel has reached an agreement with US-based Sherwin-Williams to acquire its Chinese decorative paints business for an undisclosed fee, the Dutch paints and coatings major said.

The deal is expected to be completed in the second half of 2023 and includes the Huarun brand, it said in a statement.

The business has an annual revenue of about €100m and employs around 300 people. "Acquiring the Chinese Decorative Paints business from Sherwin-Williams will help us to deliver our growth ambitions in tier three to tier five geographical areas in China,” said AkzoNobel CEO, Greg Poux-Guillaume.

The intended acquisition follows on from a series of recent acquisitions by AkzoNobel across paints and coatings over the last years, including Titan Paints in Spain and Portugal, New Nautical Coatings in the US, Grupo Orbis in Latin America and, most recently, Lankwitzer Lackfabrik in Germany.

We remind, AkzoNobel has completed the acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH, a deal which strengthens the company’s performance coatings portfolio. The acquired business will complement AkzoNobel’s existing powder coatings offering and expand the range of innovative products the company supplies.

mrchub.com

Wacker elevates Koini to president of silicones division

Wacker elevates Koini to president of silicones division

Dr. Thomas Koini studied engineering management at the University of Linz, where he gained his doctorate in engineering science, said the company.

He joined WACKER as a management trainee in 1996, starting out as a laboratory manager in Technical Marketing at the WACKER SILICONES division. Following various managerial positions within WACKER SILICONES, both in Germany and internationally, Koini took charge of WACKER’s silicone business in Greater China. He was appointed senior vice president of Sales & Distribution in 2014, before becoming head of the Performance Solutions business unit in 2018.

We remind, WACKER Group is concentrating its biotechnology research activities in Munich. The company is investing a double-digit million-euro sum in the construction of a Biotechnology Center, which is scheduled to be operational in 2024.

WACKER SILICONES is one of the largest silicone manufacturers worldwide with over 2,800 highly specialized and innovative products. The division’s portfolio ranges from silicone fluids, emulsions, resins, elastomers and sealants to silanes, silane-terminated polymers and pyrogenic silica.

mrchub.com

Wanhua Chemical's Q1 net profit down 24.6%

Wanhua Chemical's Q1 net profit down 24.6%
Wanhua Chemical released the first quarter report of 2023, which showed that the operating income in the first quarter of 2023 increased by 0.37% over the same period of last year, said Everchem.

Net income totaled USD592 mln, up 54% sequentially and down 25% year over year.

The net cash flow generated by operating activities during the reporting period was CNY4,116 bn and the total assets were CNY 237,793 bn.

We remind, Wanhua Chemical also plans to increase the capacity of its polycarbonate (PC) plant in Yantai in Shandong province by 140,000 tons per year to 340,000 tons per year. The expansion will be carried out by reengineering the existing 200 ktpa PC production project at the site. The company is currently seeking environmental approval for the plan. The timing of the project is not disclosed.

Wanhua Chemical is mainly engaged in polyurethane business, petrochemical business and fine chemicals and new materials business.

mrchub.com