One worker dies after fire at Marathon's Texas refinery

One worker dies after fire at Marathon's Texas refinery

A Marathon Petroleum worker has died from injuries suffered in a fire that broke out on Monday at the company’s giant Galveston Bay Refinery in Texas City, Texas, said Reuters.

The fire broke out at about 9:30 a.m., the company said. “A Marathon employee has passed away as a result of the fire today at Marathon Petroleum’s Galveston Bay refinery,” company spokesperson Jamal Kheiry said in an emailed response to Reuters.

The fire has been extinguished and the cause of the fire is under investigation, Kheiry said. Two people familiar with the matter said the fire broke out when workers were doing routine maintenance and a seal failed on the 75,000 barrel-per-day (bpd) Ultraformer 3 (UU-3).

UU-3 is the bigger of two reformers at the 593,000-bpd refinery, which is the second largest in the United States, according to the U.S. Energy Information Administration. Reformers convert refining byproducts into octane-boosting components added to gasoline.

“Emergency responders are on the scene, and all employees and contractors are being accounted for currently,” the company said in a statement, adding that Marathon had made all regulatory notifications.

The Texas City Emergency Management Department said on Twitter earlier that a shelter-in-place order was not needed. A contract worker died in March after receiving an electric shock at the refinery. Texas City is located 42 miles southeast of Houston.

We remind, Marathon Petroleum has acquired a 49.9% interest in renewable natural gas (RNG) company LF Bioenergy for USD50mln. Marathon may pay a potential additional USD50m, based on certain earn-out targets. Dallas, Texas-based LF Bioenergy is described as an emerging RNG company, focused on developing and growing a portfolio of dairy farm-based, low carbon intensity RNG projects.

mrchub.com

Borealis showcases a new PP monomaterial pouch

Borealis showcases a new PP monomaterial pouch

Borealis announces that it is using the occasion of the Plastics Recycling Show Europe (PRSE) in May to highlight a new monomaterial pouch containing over 95% PP and designed for recycling, said the company.

Developed in collaboration with value chain partners, this more sustainable high barrier packaging format offers a range of benefits for the blown and cast film extrusion processes as well as for brand owners and end consumers. As a monomaterial PP packaging format, it can help meet ambitious recycling and waste reduction targets set forth in the EU’s Packaging and Packaging Waste Regulation (PPWR) as well as eco-modulation criteria for Extended Producer Responsibility (EPR) programmes.

High barrier packaging is used to preserve and protect foodstuffs that are sensitive to moisture, oxygen, aromas, and light, like dry ingredients and powders, coffee, and snack foods. Producers and consumers benefit from the longer shelf life and reduced food waste made possible by these convenient high barrier pouches. In the extrusion lamination process, laminating PP cast and BOPP (biaxially oriented polypropylene) films yields mono PP laminates with uniquely advantageous properties. These include high barrier and stiffness, and excellent sealing performance.

Using conventional adhesion lamination structures, producers have previously been able to obtain pouch laminate materials containing approximately 90% PP. However, by pooling their respective areas of expertise, Borealis and value chain partners have now been able to boost the share of PP to over 95%. When processed within dedicated mechanical recycling streams for PP, this monomaterial pouch yields greater volumes of high-quality recyclate fit for use in non-food, flexible PP packaging applications. It is thus the ideal format with which to fulfil the principle aims of the PPWR: improve recyclability, grow the market for recycled content, and reduce packaging waste.

We remind, Borealis, one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics, is launching Stelora, a new class of sustainable engineering polymer offering increased strength, durability and a step change in heat-resistance capability.

mrchub.com

Germany's Schwedt refinery to run at 70% of capacity from June

Germany's Schwedt refinery to run at 70% of capacity from June

Germany's Schwedt oil refinery will run at 70% of capacity from June, German state secretary Michael Kellner said on Friday as he greeted a tanker arriving at the Gdansk terminal in Poland with non-Russian oil en route to the refinery, said Hydrocarbonprocessing.

Schwedt was operating at 50-60% capacity earlier this year after Germany stopped oil supplies from Russia because of Russia's invasion of Ukraine. Germany has been working with Poland to try to secure supply for Schwedt via the oil terminal in Gdansk and the Polish section of the Druzhba pipeline.

"Last week I talked to the refinery chief executive and he clarified that from June they will be able to produce at 70% or more," Kellner told reporters as the tanker carrying Saudi Arabian oil arrived at Gdansk's Naftoport terminal.

Berlin took control of the Schwedt refinery last year after Russia's invasion of Ukraine, placing Rosneft Deutschland under trusteeship of the German industry regulator.

While Russian energy group Rosneft still owns 54.17% of the refinery, Germany has prepared legislation that allows a quick sale of the Russian energy group's stake without the need for nationalization.

We remind, Germany plans to adjust its Energy Security Act to allow a quick sale of Russian energy group Rosneft's stake in the Schwedt refinery without the need for prior nationalization, a draft law showed. Under the planned adjustment to the law, the condition of prior nationalization of assets put under government trusteeship could be withdrawn if the sale of the assets is needed to ensure that Germany's energy sector remains functional, the draft law.

mrchub.com

Iraq expects Total to begin USD27-B energy project in second half of 2023

Iraq expects Total to begin USD27-B energy project in second half of 2023

Iraq expects TotalEnergies to begin operations on a long-delayed USD27-B oil, gas and renewables project in the second half of 2023 after finalizing side-contracts with a state oil company, said Hydrocarbonprocessing.

Basim Mohammed, Iraqi deputy oil minister for upstream affairs, said TotalEnergies and the Basra Oil Company "are now in the process of finalizing some contractual procedures and documents necessary to activate the contract."

"Meetings continue with Total to avoid any delay and the contract will be activated in the second half of this year to start operations," he said.

The deal was signed in 2021 for TotalEnergies to build four oil, gas and renewables projects with an initial investment of USD10 B in southern Iraq over 25 years, but it was delayed amid disputes between Iraqi politicians over terms.

Iraq said last month it had agreed to a smaller 30% stake in the project, reviving the deal that Baghdad hopes could lure foreign investment back into a country enjoying relative stability after years of conflict and tensions.

QatarEnergy will also have a share in the project.

We remind, TotalEnergies and Paprec, leader in plastic recycling in France, have signed a long-term commercial agreement to develop a French value chain for advanced recycling of plastic film wastes. The agreement will secure the supply of TotalEnergies' future advanced plastic recycling plant in Grandpuits. Following the terms of this agreement, Citeo, the main organization in charge of end-of-life household packaging in France, will provide a stream of flexible plastic waste sorted from post-consumer packaging.

mrchub.com

Arkema reports 1Q 2023 results

Arkema reports 1Q 2023 results

Arkema's sales reached EUR 2.5 bn in 1Q 2023, down by 12.6% year-on-year, said the company.

Sales were affected by drop in volumes, which was due to continued weak demand in Europe, a slowdown observed in construction in the United States, and temporary destocking in batteries in China; overall resilience in prices, benefiting from the work to position the portfolio on higher value-added solutions; and benefits of its sustainable innovation in high performance solutions such as bio-based and recyclable materials, 3D printing and more eco-friendly coatings. EBITDA reached EUR 367 M and EBITDA margin totalled 14.5%, down compared with the exceptionally high comparison base of 1Q 2022 (compared to EUR 619 M and 21.4%, respectively), which benefited from particularly favourable market conditions in PVDF and upstream acrylics.

Adjusted net income reached EUR 162 M, representing EUR 2.17/share (compared to EUR 5.08/share in 1Q 2022). Recurring cash flow amounted to negative EUR 21 M (compared to positive EUR 26 M in 1Q 2022), reflecting the usual seasonality of working capital in 1Q 2023. Net debt was stable at EUR 2389 M (compared to EUR 2366 M at end-Dec 2022), including EUR 700 M in hybrid bonds, representing 1.3x last-twelve-months EBITDA.

In 2023, the group aims to achieve EBITDA of around EUR 1.5 bn to EUR 1.6 bn and maintain a high EBITDA to cash conversion rate of over 40%. Commitment for the climate on the 1.5 degC trajectory by 2030 strengthened by the group in light of the progress achieved in its carbon trajectory, and validated by Science Based Targets initiative (SBTi).

Arkema now aims to reduce its greenhouse gas emissions by 48.5% for Scopes 1+2 and by 54% for Scope 3 by 2030 versus 2019.

We remind, Arkema announces the doubling of its polyester resins capacity in its Navi Mumbai facility in India, reinforcing the Group’s leadership position in the global powder coatings market and its commitment to developing very low-VOC technologies. Arkema invested in the Navi Mumbai facility in early 2019 to expand geographic coverage of its high performance, more sustainable, low-VOC products, and to support its customers in their development. The site includes a modern manufacturing unit and a dedicated laboratory to provide application development and technical support in the region.

mrchub.com