Bostik opens new plant in India to meet growing demand

MOSCOW (MRC) -- Bostik, the Specialty Adhesives business line of Arkema, continues to expand its manufacturing capacities with the opening of a new facility in Gujarat, as per Arkema's press release.

Together with its existing plant in Bangalore, the new plant will serve the fast growing demand in India for adhesives in industrial markets.

The new facility will produce advanced hot melt pressure sensitive adhesives (HMPSA) for a number of industrial sectors such as flexible lamination, transportation and footwear production. It will support the strong growing demand for its products in both India and export markets.

With state-of-the-art equipment, the plant employs the latest manufacturing techniques to ensure the highest levels of safety, quality and efficiency together with reduced production cycle times.

This investment will enable Bostik to continue providing high levels of services to its growing customer base in the region.

As MRC wrote before, on 2 February 2015, Arkema finalized the acquisition of Bostik, the world's No. 3 in adhesives. With this acquisition, the group reached a new milestone in its development, and confirmed its ambition to become a world leader in specialty chemicals and advanced materials.

Bostik develops high-performance and high-value-added bonding and sealing products for the nonwoven, industrial, construction, and consumer markets. Bostik employs about 4,900 people across 48 production facilities - 18 in Europe, 10 - in North America, 8 - in Asia, 6 - in Australia and New Zealand, 2 - in Africa, and 4 - in South America.

Arkema is a leading European supplier of chlorochemicals and PVC. Kynar and Kynar Flex are registered trademarks of Arkema Inc.
MRC

MOSCOW (MRC) — Jacobs Engineering Group Inc. signed a sulfur recovery technology licensor agreement with Paqell, a joint venture between Shell Global Solutions and Paques BV, for use of its THIOPAQ Oil and Gas technology in refineries and gas treating facilities across the globe, said Hydrocarbonprocessing.

This agreement positions Jacobs as the only gas treating and sulfur recovery licensing company to license THIOPAQ O&G to low capacity sulfur facility owners, providing a reduced capital expenditure (CAPEX) operational expenditure (OPEX) option, which eliminates the chemical waste produced by alternative technologies.

THIOPAQ O&G is a biological process which integrates gas purification with sulfur recovery in a single unit, resulting in high sulfur recovery levels at reduced installation and operating costs. This process involves sulfur components, such as mercaptans (R-SH) and hydrogen sulfides (H2S), being removed from a gas stream and converting them into biologically formed sulfur.

Expanding Jacobs’ Comprimo Sulfur Solutions technology portfolio, this biological process is becoming increasingly important to the industry as it looks for ways to reduce chemical waste which pose both environmental and safety hazards.
MRC

MOSCOW (MRC) — India's prime minister sees scope for further reform of the country's energy sector and has received "focused suggestions" from some of the world's leading energy companies, the office of the premier said on Monday, as per Hydrocarbonprocessing.

Under Narendra Modi, the world's third-biggest oil consumer is trying to use its market size to strike better deals with oil exporters and attract investment into India's exploration and refining industries.

Executives from companies including Rosneft, BP, ExxonMobil, Reliance Industries, Saudi Aramco, Royal Dutch Shell, Vedanta, Schlumberger and Halliburton met Modi as the industry gathered in New Delhi for the three-day India Energy Forum, which finishes on Tuesday.

"Participants appreciated the pace and drive with which Prime Minister Modi has brought about reform in the energy sector," Modi's office said in a statement after the meeting.

"Subjects such as the need for a unified energy policy, contract frameworks and arrangements, requirement of seismic data sets, encouragement for biofuels, improving gas supply, setting up of a gas hub and regulatory issues came up for discussion."

The statement said that many suggestions at the last meeting in 2016 have helped guide Indian policy-making and that Modi said he appreciated the "focused suggestions" made this year and that "scope for reform in many areas still exists."

Modi was quoted as saying he looked forward to "various opportunities" for cooperation between India and Saudi Arabia, the second biggest oil exporter to the country behind Iraq.

State-run Saudi Aramco, which on Sunday launched a new office near New Delhi, is in talks with several Indian refiners for a possible JV by next year.

Its Chief Executive Amin Nasser told the conference after the Modi meeting that India's oil demand would double by 2040 to about 10 MMbpd, making it the world's largest market for the fuel and a priority for the company.

In the meeting, Modi thanked Russian President Vladimir Putin and Rosneft for their support to India's energy sector. The two leaders were instrumental in helping to seal Rosneft's $12.9 B acquisition of India's debt-laden Essar Oil, strengthening ties between the world's largest oil producer and the fastest-growing fuel consumer.

In another vote of confidence for India's energy sector, BP and Reliance have previously said they would jointly invest $6 B to boost India's gas output. A BP executive said on Monday that the company was "excited about gas, upstream and digital innovation in India."

Alay Patel, a senior analyst with consultancy Wood Mackenzie, the global president of which also met Modi, said that India's domestic energy production outlook was positive thanks to steps such as a simplified licensing regime and clarity on contracts.

"But more is needed," said Patel. "Allowing marketing and pricing freedom for all gas production, regardless of shore status and contract vintage, would incentivize companies to develop gas in the less explored basins."
MRC

MOSCOW (MRC) -- Rosneft Chief Executive Officer Igor Sechin held a working meeting with Minister of Energy and Mines of the Republic of Cuba Alfredo Lopez and Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba Emilio Lozada Garsia, as per Hydrocarbonprocessing.

During the meeting, the parties discussed extension of supplies volume, joint production projects, as well as prospects for cooperation in modernization of Cuban refinery Cienfuegos.

Rosneft representatives informed the Cuban delegation on the Tuapse refinery reconstruction process. The delegation, which included Minister of Energy and Mines of the Republic of Cuba Alfredo Lopez, Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba Emilio Lozada Garsia and Commercial Attache of the Republic of Cuba in Russia Vivian Hitchman Miranda, examined the key production facilities of the refinery and visited deepwater marine terminal with the transshipment capacity of 17 MMt of oil products per year.

The delegation also visited the construction site of the new diesel line which has no counterparts in Russia and over the world. It will consist of 35 objects including diesel hydrotreating and vacuum gasoil hydrocracking unit, hydrogen production plant, and elementary sulfur production plant that is the most innovative and environmentally friendly facility.

Large scale investment program of Rosneft provides for increase in capacity of the industry oldest refining plant to 12 MMt of oil per year and refining ratio up to 98.5%. Upon the modernization, the Nelson’s Complexity Index of the plant will grow to 9 and will comply with the similar indicators of refineries in the Western Europe.

The plant will produce a wide range of oil products meeting the highest ecological requirements.

By the end of 2016, the refinery had processed about 10 MMt of oil.

As MRC wrote before, in late June 2016, Rosneft and China Petrochemical Corporation (Sinopec Group) signed a Framework Agreement on joint pre-feasibility study of the project related to the construction and operation of a gas processing and petrochemical complex in East Siberia.

Rosneft is the world's largest public oil company. In the company accounts for about 5% of global oil production, and its proven reserves at the international category will exceed 5 billion tons of oil equivalent. The structure of Rosneft includes Angarsk Polymer Plant, Lisichanskiy refinery following the acquisition of TNK-BP and Ufaorgsintez after the closing of the purchase of Bashneft on 12 October 2016.
MRC

MOSCOW (MRC) — Kazakh Prime Minister Bakytzhan Sagintayev fired two senior energy officials on Tuesday after the Central Asia’s biggest oil exporter reported fuel shortages on the domestic market, prompting long queues at petrol stations, said Reuters.

The former Soviet republic operates three large refineries, but still imports almost a third of its fuel from neighboring Russia. One of the three refineries halted gasoline production on Sept. 21 for maintenance and upgrade work.

The government has sought to negotiate higher Russian supplies to compensate for that. But many petrol stations in Almaty, the biggest Kazakh city, have halted or limited sales this month citing lack of fuel, while others have raised prices.

At a government meeting on Tuesday, Sagintayev sacked Deputy Energy Minister Aset Magauov and deputy chief executive of state energy firm KazMunayGaz, Daniyar Berlibayev, blaming the ministry and the company for failing to ensure stable supplies.

The government has said upgrades should allow the country’s three refineries to fully supply the domestic market next year.
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