SIBUR to increase exports with new terminal in Ust-Lug

MOSCOW (SIBUR) -- In terms of All-Russian ⌠Railroad transportations of bulk-oil cargo conference a round-table discussion about the project of a liquefied petroleum gas transfer terminal in Ust-Lug harbour took place. Representatives of Sibur, Gazprom-neft, NOVATEK, Federal Tariff Service were participating.

⌠The creation of the biggest Russian liquefied petroleum gas and light oil transfer complex is going to let us develop the service quality and increase export volumes said cancilor of SIBUR President Michail Fedorov. Construction of SIBUR terminal intended for annual transfer of up to 1,5 mln. tones of liquefied petroleum gas (LPG) and 2,5 mln. tones of light oil is going to be finished in Q4 2012.

Among the main advantages of the terminal are favorable geographic position and way to northwestern European markets, possibility of operation with large-capacity vessels and navigation in ice period. Besides that, isothermal LPG storehouse.

Cooling of liquefied gas will let to transport with large parties as shipload of gas carrier-refrigerator for cooled LPG is comparable with shipload of 10 usual forcing type gas carriers.

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Sibur Holding is the largest Russian petrochemical group.

Shareholders:
Gazprombank (70% minus 1 share);
Gazfond (25% plus 1 share);
5% reserved for option program.

LONDON (ICIS news) -- Indorama's polyethylene terephthalate (PET) and upstream purified terephthalic acid (PTA) plants in the Netherlands are running following a planned maintenance shutdown, while Novapet will start a shutdown in Spain on 24 June, company sources said on Wednesday.

The 200,000 tonne/year PET and 350,000 tonne/year PTA plants in Rotterdam went down as planned on 10 June.

The Novapet source confirmed that the 130,000 tonne/year line at its Spanish PET plant in Barbastro, Huesca, would be shutting down on Thursday for approximately five weeks.

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MUNICH (KraussMaffei) -- The new Energy Analysis Tool enables processors to monitor the power consumption of their KraussMaffei injection molding machine without a time lag. The specific energy demand for various machine functions is displayed online on the operator panel. This information is essential for determining the optimal operating points with regard to energy consumption.

In production processes where materials undergo a change of state, for example, during plasticizing, substantial energy losses are often considered inevitable. Today, the preferred approach is to reexamine the processes and their energy consumption, because in many cases it will be possible to make savings. This approach requires precise and detailed energy consumption data for the machine and any peripheral equipment.

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SUGAR LAND (MarketWatch) -- Construction has begun on a $175 million expansion of the E.I. DuPont de Nemours & Company (DuPont) (Wilmington, Delaware) plant in Circleville, Ohio, that includes the installation of a Tedlar film line, which will increase the production capacity of solar-panel films. KBR Incorporated (Houston, Texas) was selected to provide consulting services for the new line.

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LONDON (ICIS news) -- Equipolymers is still operating below capacity at its Schkopau, Germany, polyethylene terephthalate (PET) plant due to ongoing technical problems after its restart following a brief shutdown earlier this month, a company source said on Wednesday.

The plant, which has a capacity of 335,000 tonne/year according to ICIS data, went down unexpectedly in early June because of a power outage.

Another Equipolymers' facility, a 170,000 tonne/year plant in Ottana, Sardinia, was also forced to close for a few days earlier this month following a power outage. The Italian site was only operating at half its capacity, however, due to a lack of feedstock.

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