Azerbaijan to commission rigs for polypropylene production

MOSCOW (MRC) -- Azerbaijan is planning to commission rigs for the production of polypropylene (PP) and high density polyethylene (HDPE) on the territory of Sumgayit Chemical Industrial Park in 2016-2017, reported Azernews.

It was announced by Mukhtar Babayev, the Head of Azerbaijan’s state energy company SOCAR’s Azerkimya Production Association, the main manufacturer of chemical products in Azerbaijan last week.

He told Trend Agency that according to the plan, construction and commissioning of the new plants will take between two and two and one-half years.

Preparation is carried out and parts of the equipment have been already purchased. Contract works on production of high density polyethylene are underway as well.

"Under the plan, the rigs will be operational in 2016-2017," Babayev said. "Although a review of the plan is possible, but we do not know in which direction this review will be made."

Babayev had previously said that rigs for production of polypropylene will be commissioned first.

It is scheduled to accommodate 35-40 enterprises, which will create 10,000 new jobs on the industrial area of Sumgayit Chemical Industrial Park. The territory of Sumgayit Chemical Industrial Park will be divided into two parts - the administrative and social and industrial zones.

In order to increase the investment attractiveness of the park, its residents are exempt from income, land and property taxes for seven years. Also equipment and technology used in the park are exempt from value added tax. Two residents have already been registered there - SOCAR-Polimer and Azertekhnolayn limited liability companies.

As MRC wrote before, in early 2014, Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction (E&C) Group had been awarded a contract by STAR Rafineri A.S., a subsidiary of SOCAR Turkey, for project management consultancy (PMC) services for its grassroots Aegean Refinery to be built within the Petkim Petrokimya A.S. (PETKIM) facilities at Aliaga, Turkey. The refinery began its operations in the third week of November 2014, after a gradual start-up process.

The authorized capital of the SOCAR Polimer Company, which was established as part of the development of polymer production in Azerbaijan, was increased from 51 to 100 million manats. SOCAR, a 100% plant founder, sold 49% of the share capital to private companies.

SOCAR is keen on expanding operations in the retail oil products market abroad, and is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in the domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan.
MRC

Trinseo appoints new Senior Vice President and Chief Legal Officer

MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex and rubber, has announced that it has named Angelo N. Chaclas as Senior Vice President and Chief Legal Officer effective January 1, 2015, reported the company on its site.

He will be a member of the company’s Executive Leadership Team. Chaclas succeeds Curt Shaw who is retiring at year end.

"We are extremely pleased to name a Chief Legal Officer with Angelo’s strategic understanding of Trinseo’s businesses and the chemical industry," said Chris Pappas, President and CEO of Trinseo. "His vast experience working across geographies and functional areas will be an asset to support our ongoing activity in capital markets, transactions, compliance, governance, intellectual property and other operational activities of the company worldwide."

Mr. Chaclas currently serves as Associate General Counsel and Chief Intellectual Property Counsel for Trinseo. During his tenure, Chaclas has had global responsibility for all intellectual property matters, working closely with the Research and Development organization on patents, trade secrets, trademarks, technology licensing agreements, and joint development agreements. He also managed commercial legal activities for several Trinseo businesses, and established internal best practices and optimized law firm relationships during the company’s start-up phase.

Prior to joining Trinseo in 2010, Chaclas was Deputy General Counsel and Chief Counsel for the software division of Pitney Bowes while leading its Intellectual Property, Technology Law and Procurement legal functions.

As MRC informed previously, Trinseo has reported its third quarter of 2014 financial results with revenue of USD1,3 million and adjusted EBITDA of USD62 million. Revenue in the third quarter was roughly flat to prior year as higher SSBR volume and a favorable foreign exchange impact were offset by lower price which was primarily driven by the pass through of lower raw material cost. Sequentially, revenue decreased by 3% due to lower sales volume, with seasonality and weaker economic conditions in Europe, as well as an unfavorable currency impact as the US dollar strengthened compared to the euro.

Formerly known as Styron, Trinseo previously announced plans to change the name of all Styron affiliated companies to Trinseo. Some, but not all, of the Styron companies have completed the name change process and are currently known as Trinseo; Styron companies that have not completed this process will continue to do business as Styron until their respective name changes are complete. Styron's operating companies also continue to do business as Styron at this time.

Trinseo is a global materials company and manufacturer of plastics, latex and rubber. Trinseo’s technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires.
MRC

New PTA plant to be started by BP Zhuhai

MOSCOW (MRC) -- BP Zhuhai is in plans to start a new purified terephthalic acid (PTA) plant at the BP Zhuhai Chemical Company Limited (BP Zhuhai) site in Guangdong Province, China, a JV between BP and Zhuhai Port Co. in Q4 2014, as per Apic-online.

A source in China informed that the plant is likely to start in Q4, 2014, but the exact start-up schedule of the plant could not be ascertained.

The planned debottleneck at Zhuhai will increase capacity by more than 200,000 tonnes a year from its second unit (Z2), making the total PTA production capacity of the Zhuhai site some 1.25 million tonnes a year. It will be the first to employ BP's latest generation PTA technology and, subject to approval from its shareholders and relevant Chinese government agencies, is expected to come on stream earliest 2014 to meet PTA demand growth in China. This will make Zhuhai the largest PTA site in BP's global PTA system.

As MRC wrote before, BP had completed engineering design work for the Z2 debottleneck in 2011 and expected the expansion to be fully operational in 1Q2012.

BP is one of the world's leading international oil and gas companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items.
MRC

EnerG2 and BASF announce multifaceted partnership

MOSCOW (MRC) -- EnerG2, a Seattle-based company manufacturing advanced carbon materials for next-generation energy storage devices, and BASF, the world’s leading chemical company, have announced a strategic partnership, as per BASF's press release.

EnerG2 and BASF entered into a comprehensive collaboration to improve and scale-up the production of EnerG2’s proprietary carbon materials for use in supercapacitor electrodes and as a performance additive in start-stop lead-acid batteries. Both technologies play an important role in short-term energy storage for automotive and industrial applications.

Engineered carbons enhance storage performance by providing higher voltage and energy in supercapacitors and by significantly increasing the charging rate of lead-acid batteries at a partial-state-of-charge. EnerG2’s patented carbon technology platform enables large-scale production of carbon materials that surpass the limitations of the carbons traditionally used in energy storage. Controlling the molecular structure and synthesis of these advanced materials at early stages of production provides the ability to tailor the carbon properties to specific applications. This unique manufacturing process results in ultra-high purity material with customizable porosity.

BASF is providing funding, technical expertise, and marketing know-how in a partnership with EnerG2 to enrich its R&D initiatives and to accelerate its market penetration.

"This alliance optimally blends EnerG2’s innovation and responsiveness with BASF’s stability and an unquestionable ability to scale. We will use the funding not only to bolster our operational capacity but also to explore market opportunities with BASF," explains Rick Luebbe, CEO of EnerG2. EnerG2’s technology platform complements the in-house activities of BASF’s research and development as well as BASF’s global business unit for battery materials. Energy storage materials are an essential part of BASF’s strategy to enable electromobility. Furthermore, EnerG2 will also work closely with BASF to broaden its global reach, particularly in Asia and Europe.

As MRC informed previously, in October 2014, BASF and Archroma agreed on the sale of BASF’s global textile chemicals business to Archroma, a supplier of specialty chemicals to the textile, paper and emulsions industries.

EnerG2 has developed a unique approach that engineers the molecular structure of a polymer precursor in order to customize the nanostructure, and, therefore, the performance of the resulting carbon. EnerG2’s proprietary Carbon Technology Platform has two key components: polymer- chemistry-based precursor formulation and processing parameters that transform that precursor into customized carbon. The combination of these elements results in a flexible, competitive process that can produce carbon materials for diverse energy storage applications. EnerG2 operates its state-of-the art manufacturing plant in Albany, Oregon.

BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. BASF had sales of about EUR74 billion in 2013 and over 112,000 employees as of the end of the year.
MRC

Wacker opens airbag competence center in Japan

MOSCOW (MRC) -- Wacker Asahikasei Silicone, a Japanese joint venture of Wacker Chemie AG, has opened a new development laboratory for airbag applications, reported Wacker on its site.

The competence center will spearhead the development of silicone coatings for airbags and technical textiles in the region. Investment in the new laboratory amounts to roughly €1 million. Wacker Asahikasei Silicone (AWS) is jointly owned by WACKER and the Japanese chemical group Asahi Chemical Industry each with a fifty-percent stake.

Wacker’s new Airbag Competence Center of Excellence in Silicones (ACES) in Tsukuba, Japan. ACES will develop and test products for local airbag manufacturers and their suppliers.

The Airbag Competence Center of Excellence in Silicones (ACES) is located at the AWS technical center in Tsukuba, some 70 kilometers north-east of Tokyo. The competence center will support airbag manufacturers and their suppliers and has been equipped to develop novel high-performance silicone materials for coating airbags. Key material tests, such as coating, heat-resistance and fire-safety tests, can now be performed locally.

"The airbag market is growing by 6% to 7% annually," noted Peter Summo, head of Wacker’s Engineering Silicones business unit, during the opening ceremony of the laboratory in Tsukuba. "Since every major airbag manufacturer produces in Asia, we decided to strengthen our expertise in this region. Now, we can develop new and innovative coating materials in Tsukuba. At ACES, we will be able to contribute to the development of innovative airbag technologies and make vehicles even safer in the future."

Modern vehicles are equipped with a number of airbags. These protective systems are installed not only in steering wheels and dashboards, but also in seats, doors and roof liners. Silicones, which adhere well to airbag fabrics, improve the fabrics’ leaktightness and air-holding performance and protect them from the initial heat and the hot gases that inflate airbags in milliseconds. In addition, silicone topcoats reduce surface friction on deployment. This enables airbags to inflate uniformly and instantly.

As MRC wrote before, Wacker is expanding its product range with a new liquid silicone rubber for the production of automotive gaskets. Molded parts made from the new silicone are resistant to heat and coolant and exhibit low compression set even under permanent stress. Car radiators and cooling-system components can thus be reliably sealed. ELASTOSIL RT 728, as the new silicone grade is called, can be injection molded or mechanically dispensed straight onto the part to be sealed.

Wacker Asahikasei Silicone Co., Ltd. (AWS) was founded in 1999 by Wacker, the Munich-based chemical group, and Asahi Kasei Chemicals Corporation of Japan. In Tsukuba (Japan), the joint venture produces silicone emulsions and solid and liquid silicone rubber for the Japanese market. The 30,000-square-meter production location is also home to the Tsukuba-based technical center, which provides technical support to customers and tailors products to local market requirements.
MRC