Honeywell introduces Experion Solution Suites, a ready-now automation package for Honeywell UOP units

Honeywell introduces Experion Solution Suites, a ready-now automation package for Honeywell UOP units

MRC -- Honeywell introduced Experion Solution Suites (ESS), an end-to-end automation software package for licensed Honeywell UOP units, said Hydrocarbonprocessing.

The ready-now technology offers embedded process solutions within Honeywell’s flagship ExperionPKS automation platform.

“Experion Solution Suites is a fully developed knowledge system which removes the risk of translation from process experts to control experts by embedding UOP Inside Honeywell Automation,” said Chad Briggs, vice president and general manager of Projects and Automation Solutions at Honeywell Process Solutions. “This offering de-risks investments and can increase schedule flexibility by 10 to 12 weeks allowing operators to get trained earlier and ready for any abnormal situation during start up and commissioning.”

Automating engineering labor allows Experion Solution Suites to accelerate project development during detailed design and implementation. This can also reduce the total cost of ownership over the lifecycle of the asset by decreasing hours of manual effort and human error that can lead to unplanned downtime.

Honeywell’s new technology includes pre-configured control design, graphics, alarms, startup/shutdown sequences and process digital twins within scope of UOP licenses. This design minimizes risk for owners to ensure day-one readiness and reduced time to full capacity.

ESS is currently available for Ecofining, Ethanol-to-Jet, Oleflex-C3 (PDH), Aromatic and Naphtha Complex technologies, and will soon be available for most UOP licensed units including Methanol-to-Jet, Carbon Capture and Hydrogen Purification units.

We remind, Litasco, a trading arm of Russia's No.2 oil producer Lukoil, said that it had not received any offer for its refinery in Bulgaria and there were no talks to sell it, amid mounting pressure from Bulgarian authorities. Lukoil has already sold its oil refinery on the Italian island of Sicily, ISAB, to Cypriot private equity firm G.O.I. Energy. Although Lukoil has not directly been targeted by Western sanctions on Russia, the ISAB refinery was affected by an embargo on Russian crude oil as banks were reluctant to finance procurement for a Russia-related company.

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Technip Energies has complied at all times with applicable sanctions

Technip Energies has complied at all times with applicable sanctions

MRC -- In response to the article published in the French daily Le Monde on October 19, 2023, Technip Energies issues the following statement, said the company.

As of February 24, 2022, the date of the invasion of Ukraine, Technip Energies was overseeing the Arctic LNG 2 (ALNG2) project in Gydan, northern Russia. The contract, awarded in 2019, covered engineering, equipment procurement and the construction of three LNG trains.

After disclosing on 3 March 2022 that it was halting all work on new business opportunities in Russia, Technip Energies opened discussions in April 2022 with its client, project partners and suppliers with a view to the Company’s exit from ALNG2, in accordance with applicable sanctions and contractual provisions.

The activities covered by sanctions were suspended as those sanctions entered into force, notably following the publication of the 5th package of European Union sanctions on April 8, 2022, which took effect in May.

Technip Energies has worked with relevant authorities and has complied with the sanctions introduced progressively by the European Union, the United States and the United Kingdom. In view of the number and complexity of sanctions, the Company undertook a thorough analysis of all equipment exports, including thousands of components for the two utilities modules delivered after May 2022, to ensure that the correct customs codes were applied.

Technip Energies stated on October 20, 2022 that, in light of the project’s size and inherent complexity, the exit process was expected to be completed in the first half of 2023. This commitment was fulfilled, and the Company confirmed on July 27, 2023 that it had exited the ALNG2 project.

Technip Energies has acted responsibly in its role on the ALNG2 project through strict compliance with, in order of precedence, international sanctions and its contractual obligations.

We remind, Litasco, a trading arm of Russia's No.2 oil producer Lukoil, said that it had not received any offer for its refinery in Bulgaria and there were no talks to sell it, amid mounting pressure from Bulgarian authorities. Lukoil has already sold its oil refinery on the Italian island of Sicily, ISAB, to Cypriot private equity firm G.O.I. Energy. Although Lukoil has not directly been targeted by Western sanctions on Russia, the ISAB refinery was affected by an embargo on Russian crude oil as banks were reluctant to finance procurement for a Russia-related company.

mrchub.com

Evonik to develop precious metal catalysts and technology with Hydrogenious LOHC Technologies

Evonik to develop precious metal catalysts and technology with Hydrogenious LOHC Technologies

MRC -- Evonik has signed an agreement to develop, scale up and produce proprietary fixed bed catalysts for mobile applications of Hydrogenious LOHC Technologies’ proprietary liquid organic hydrogen carrier technology based on benzyl toluene, said the company.

The safe, cost-efficient and flexible process chemically binds hydrogen synthesized by sustainable energy to the LOHC-BT, which then is transported to the off-taker site where the hydrogen is released for industrial or consumer use – or in the mobile application released on board to power propulsion units.

“We are committed to bringing our expertise in catalysis to jointly develop processes with the Hydrogenious team, that will help to transform the industry from fossil-based to sustainable feedstock,” said Michael Frey, Head of Product Line Polyolefin and Continuous Process Catalysts, at Evonik.

“When transporting hydrogen over long distances, liquid organic carriers play a particularly important role. To overcome catalytical challenges associated with the use of onboard applications, customization – based on extensive and proven experience – is required,” he added.

Hydrogenious’ LOHC process uses benzyl toluene as carrier material, boasting competitive safety and economic advantages. The thermal oil – which is loaded with hydrogen - is hardly flammable and non-explosive, with a risk potential comparable to diesel fuel. It can be stored at ambient temperatures and pressure, has a competitive storage density level, and is reusable as a hydrogen carrier hundreds of times.

"The flexibility and scalability of our LOHC technology accelerates the ramp-up of the hydrogen economy because we can leverage the existing liquid fuel infrastructure," said Dr Caspar Paetz, Chief Technology Officer (CTO) of Hydrogenious LOHC Technologies.

"We are happy to work with Evonik to further improve our technology - their expertise in tailoring catalysts to specific needs is an essential part of the development process," he added. Catalysts for pilot plants and commercial units are expected to be available from 2026 onwards.

We remind, Evonik is extending its portfolio of elastomeric materials for powder bed fusion 3D printing technologies. The specialty chemicals company is launching with INFINAM® TPA 4006 P a new powder grade that is especially optimized for all types of open source SLS 3D printing machines.

mrchub.com

Clariant rejects Shell damages claim related to ethylene-purchasing cartel

Clariant rejects Shell damages claim related to ethylene-purchasing cartel

MRC -- Clariant, the Swiss chemicals company, has made it perfectly clear that they reject Shell’s claim. Shell had the nerve to bring a claim against Clariant and three other companies in the district court of Amsterdam, alleging damages of up to a billion euros, said Royaldutchshell.

Clariant, however, swiftly fired back with an impeccable argument: “Shell was not a supplier of ethylene to Clariant, and Clariant has substantiated economic evidence that the conduct of the parties did not produce any effect on the market.” Bravo, Clariant, for showing such outstanding resolve in the face of these allegations.

But, of course, Shell had a response of its own, insisting that Clariant was indeed one of several companies supplying ethylene to the companies involved or their affiliates. As a supplier of ethylene to the European market, Shell has graciously decided to initiate litigation proceedings against these alleged rogue companies. After all, who doesn’t love a good legal battle over price manipulation.

And let’s not forget Clariant’s past alleged escapades. They were among the lucky trio fined a mere EUR260 million by the European Commission in July 2020 for what the EU body quaintly called “cartel activities” related to ethylene purchases. Clariant had to cough up a mere EUR155.8 million, chump change for a company of their stature.

It is also salient to note that Shell has immense expertise as a participant in repeated illegal cartel activity stretching back almost a century. The notorious Nazi Germany chemical company IG Farben was one of Shell’s cartel partners in a number of ventures.

We remind, Shell said its third-quarter profit would be pressured by a near halving of oil refining margins, crumbling chemical margins and weaker natural gas trading. The British energy giant reported two consecutive quarters of record profit in the first half of the year amid soaring oil and gas prices, and stellar earnings from its trading operations, the world's biggest. read more. Its shares were down 4.3% by 0847 GMT, compared with a 1% decline for the broader European energy sector.

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U.S. oil refiners crank out diesel, further squeezing margins for gasoline

U.S. oil refiners crank out diesel, further squeezing margins for gasoline

MRC -- U.S. oil refiners have cranked up output of diesel, heating oil and jet fuel for winter but are struggling to turn a profit because gasoline margins have fallen over 80% since the summer driving season ended, said Reuters.

Refiners, which typically produce more distillates such as diesel and heating oil in autumn, are trying to rebuild inventories of these fuels that are near seasonal record lows. While fuel makers focus on maximizing distillate output, they inevitably produce gasoline as well. That has left gasoline stockpiles bloated at a time of slow demand.

Meanwhile, Russia's short-lived diesel export ban, along with less refinery capacity and Western sanctions on Russian diesel, have hit diesel inventories and tightened supplies. U.S. distillate fuel oil inventories in September averaged 21 million barrels below the prior 10-year seasonal average, while European distillate inventories were 25 million barrels, below and Singapore distillate stocks averaged 3 million barrels below their respective averages.

Shortages have kept the U.S. heating oil crack at near $44 a barrel, nearly twice the seasonal average. In the U.S., demand for distillates rose to its highest in a year last week.

Diesel and heating oil exports from U.S. refineries surged to 6.6 million barrels in September, the most in more than a year, according to LSEG data. While four-week average of U.S. exports of petroleum products rose to 6.3 million bpd in the week ending Oct. 13, near its all-time high reached this summer, diesel exports are below the 10-year seasonal average, EIA data shows.

Gasoline prices have fallen about 30 cents in the past month to $3.58 a gallon, according to the AAA. That is below the near $4.00-per-gallon average just weeks ago, a threshold that tends to weigh on motorists' minds and wallets.

A number of factors have influenced the drop in gasoline demand, including the end of the peak summer driving season, a string of storms in the U.S. East Coast that has kept drivers off the road, and the relatively high prices at the pump in the summer.

Gasoline inventories are up 7.7% from the same period last year, but the four-week average of U.S. gasoline demand is down 6%, according to the U.S. Energy Information Administration.

We remind, Litasco, a trading arm of Russia's No.2 oil producer Lukoil, said that it had not received any offer for its refinery in Bulgaria and there were no talks to sell it, amid mounting pressure from Bulgarian authorities. Lukoil has already sold its oil refinery on the Italian island of Sicily, ISAB, to Cypriot private equity firm G.O.I. Energy. Although Lukoil has not directly been targeted by Western sanctions on Russia, the ISAB refinery was affected by an embargo on Russian crude oil as banks were reluctant to finance procurement for a Russia-related company.

mrc.ru