MOSCOW (MRC) -- Borealis announces the successful completion of a major upgrade to its steam cracker operation in Stenungsund, Sweden, said the company.
The seven-year construction project is a resounding success with respect to health, safety, and the environment (HSE), with no major accidents and no process safety incidents whatsoever. This capital investment ensures that the Stenungsund cracker – already one of the most feedstock-flexible in all of Europe – can operate even more reliably, and with greater energy efficiency. As a key supplier of ethylene and propylene to the Stenungsund Chemical Cluster, the OMV Group, and the Borealis Group’s international customers, its enhanced reliability is especially needed to support the rapidly growing wire and cable industry.
The Stenungsund steam cracker, which has a nameplate capacity of 625 kilotons per year, is a facility that thermally “cracks” feedstock – such as ethane, naphtha, propane, butane, and liquefied petroleum gas (LPG) – into smaller molecules. Furnaces are the “heart” of every cracker. In the Stenungsund revamp, four existing furnaces have now been upgraded and revamped to modern process safety, reliability, and thermal efficiency standards. Three other furnaces will augment their output, while two aging furnaces will be decommissioned and shut down completely at the end of the year. Because scheduled cracker productions continued nearly uninterrupted throughout the construction period, considerable operational restrictions prevailed, for example limited room to maneuver for cranes and other heavy lifting equipment. Each furnace had to be removed, demolished, then rebuilt separately, one after the other.
Despite pandemic-related complications, the Stenungsund project is distinguished by its excellent safety record, with no major accidents (personal safety) and no incidents (process safety) due to heightened safety protocols.
We remind, Borealis will acquire Italian mechanical recycled polypropylene (R-PP) compounder Rialti. Rialti has a nameplate output capacity of 50,000 tonnes/year of compounded R-PP. The announcement comes amid tough trading conditions for flake and pellet producers and compounders in the R-PP chain. As a result of tough trading conditions, players across recycled polymers have been predicting consolidation would occur in the chain since Q4 - either through mergers and acquisitions or through bankruptcy.