Samsung Engineering and Linde awarded construction deal for Saudi-based acrylic acid complex

(Plastemart) -- A consortium of South Korea's Samsung Engineering Company and Germany's Linde has been awarded an EPC contract for an acrylic acid complex in Saudi Arabia. The complex is to be built at an estimated cost US$1.1 bln.


75% of the complex is owned by Tasnee Sahara Olefins Co - a joint-venture of Tasnee and Sahara Petrochemicals Company, and 25% belongs to US-based Rohm and Haas. Rohm and Haas will provide the technology for the complex and will market its annual production 230,000 tons of acrylic acid and derivatives.

Feedstock propylene will be provided by Saudi Ethylene and Polyethylene Co. Production is expected to commence by Q1-2013.


MRC

New Salamander mixing facility for production plant in Poland

(Online PR News) -- Salamander Industrie-Produkte GmbH, manufacturer of PVC profiles for windows and doors opened a state-of-the-art mixing facility for hard PVC and additives at the production plant of its subsidiary Brugmann S.A. in Wloclawek, Poland. This event is the culmination of a series of investments initiated in the previous year for the targeted strategic development of this location.

Production erected on an area totalling 800 square metres will already start in October 2010 and will not only supply Brugmann S.A. but will also function as a hub for supplying the rest of Salamander's eastern operations.


Salamander Industrie-Produkte GmbH is amongst the leading European systems providers and is a manufacturer of PVC profiles for windows and doors. Salamander has a total of about 1150 employees in several European locations and sells its profile systems in more than 70 countries throughout the world.


MRC

PVC-S Imports to Ukraine made up 13,6 kt

MOSCOW (MRC) -- Following the September results the PVC-S imports volumes to Ukraine made up 13,6 kt, herewith American PVC share exceeded 60%, MRC DataScope says.


From the beginning of the year the PVC-S imports volumes to the Ukrainian market had been continuously growing. They reached their maximum in July - 14,4 kt.


Despite lowering of the imports volumes in August up to 10 kt, in September the supplies volumes increased up to 13,6 kt. Mostly such volumes were stipulated by favorable contract prices for PVC-S from North America during July with September supply.


For the first time after a few years PVC-S supplies from North America to Ukraine exceeded 8,2 kt, that is more than 60% of the total volume. From April till June 2010 there was an increased demand for PVC-S from the European producers, and its share in total supplies was 70-80%.

The growth of the price for European PVC resulted in retargeting of the Ukrainian companies to PVC-S from North America whose share in total September imports was 60,3%. The growth of euro/dollar cross-rate marked in September may contribute to keeping of the increased demand for North American PVC-S.

MRC

Continued strike action in France paralyses refineries

LONDON (ICIS) -- Strike action by French workers continued on Friday, forcing the country's refineries to operate at minimum throughput levels or freeze production altogether, which has caused feedstock issues for chemical producers.

As a national strike over pension reforms rolled into its fourth day and protests at Marseille's Fos-Lavera oil port entered its 19th day, a shortage of crude supplies has paralysed all 13 refineries in France and was now affecting downstream users.


ExxonMobil's merged refinery at Port Jerome-Gravenchon and its plant at Fos-sur-Mer were also both on strike, company spokesperson Catherine Brun confirmed. Product supplies from ExxonMobil's refinery at Fos-sur-Mer have been blocked and the facility was still running at minimum throughput levels due to crude supply issues caused by the Marseille port industrial action.


LyondellBasell's refinery at Berre L'Etang was not on strike, although it was still forced to begin a production shutdown on the night of 14 October due to crude supply issues. However, LyondellBasell spokesman David Harpole said that chemical operations at the same site were continuing to operate.

MRC

Rosneft buys stake in Germany refining-petchem venture for $1.6bn

TORONTO (ICIS) -- Venezuela's state oil firm PdVSA has sold its 50% stake in the Germany-based Ruhr Oel refining-petrochemicals joint venture with BP to Russia's Rosneft for $1.6bn (┬1.1bn), the companies said on Friday.

Ruhr Oel is the owner of a refining-petrochemicals complex in Gelsenkirchen, and it holds stakes in three major German refineries. It also owns a specialty chemicals affiliate, DHC Solvent Chemie.

According to BP, Ruhr Oel accounts for over 19% of German refining production capacity and over 5% of northwest-European ethylene production capacity.

The change of ownership would not affect operations at the facilities, BP said. The transaction was expected to be completed next year, subject to regulatory approvals, it added.

MRC