(plastemart) -- An outage that occurred at the beginning of the month is over at ExxonMobil's polyolefin plant in Singapore. Production has resumed at the 600,000 tpa polyethylene (PE) plant and 405,000 tpa polypropylene (PP) plant. According to Karen Wong, spokesperson at the Singapore based office of ExxonMobil Asia Pacific, ⌠The outage that took place in early July is over and we are working to optimize polyethylene production at the Singapore plant to meet our customers' needs.
NOVOSIBIRSK (RIA Novosti) -- Specialists have accomplished reclamation work on the accident place at Tomskneftekhim Ltd. site, where methanol tanks capsized on Friday.
Tanks of the train with methanol on adjoining railway track started spontaneous movement on Friday afternoon at Tomskneftekhim site. That led to collision with manoeuvring locomotive on the switch point. As a result, two tanks ran off the rails and one of them was depressurized.
According to the company, toxicity standard was within the mark. There is no threat either to people's life and health or to the environment.
NIZHNIY NOVGOROD (RIA Novosti) -- The first steps in construction of the biggest integrated polyvinyl chloride production complex ⌠RusVinyl in Russia are to take place on Monday in Kstov district in Nizhegorodskaya oblast. Launch of the production is scheduled for 2013.
RusVinyl LLC is a joint venture between Russian Sibur holding and Belgian SolVin to build a PVC complex in Nizhegorodskaya oblast. Output caapcity will be 330.000 tpa of polyvinyl chloride and 235.000 tpa of caustic soda. Investments into the project are going to total at about 40 bln. rubles.
According to the decision taken by Nizhegorodskaya Oblast Investement Board as of 2008, the project was granted a priority status; and it was included into the Russian Chemical and Petrochemical Industry 2015 Development Strategy by Russian Trade and Industry Administration.
MRCMRC Reference
Sibur Holding is the largest Russian petrochemical group.
Shareholders:
Gazprombank (70% minus 1 share);
Gazfond (25% plus 1 share);
5% reserved for option program.
The share in the Russian market in 2008:
polyethylene - 11.1%;
polypropylene - 16% (including PP-random - 11.2%);
ABS - 5.2%;
PVC - 8.1%.
(OilRu) -- China's major China Petroleum & Chemical Corp (Sinopec) has discovered a new oilfield in Nigeria and drilled the first exploratory well in block 137 that had belonged to Switzerland's Addax Petroleum.
Oil encountering in Udele-3 well at Niger delta became the first successful result of Sinopec's activities in Nigeria. The output is at about 3.365 barrels of oil and 28.300 cubic meters of gas a day.
MOSCOW (MRC) -- Over the course of January - May 2010, PVC-S imports in Russia went up over 7 times (to 80,8 kt) compared with same period last year - according to MRC DataScope report.
Strengthening demand on the part of converters was the reason of a serious increase in imports.
In May, PVC-S imports moved at a record level of 27,5 kt. Russian companies increased purchases of imported grades for profile extrusion 30% (to 23,8 kt), comparing with April. Major volumes in the profile sector were imported from China (61%); feedstock from Taiwan and Hungary was imported, as well.
For more detailed information about PVC-S imports in Russia, please refer to MRC DataScope report.
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