Chevron Lummus Global announces Master Plan Study for MOL Group

MOSCOW (MRC) – Chevron Lummus Global (CLG) today announced it has been selected for a Master Plan Study by MOL Group headquartered in Budapest, Hungary, as per Hydrocarbonprocessing.

The study will assist MOL in its long-term strategy to gradually increase the share of non-motor fuel products to above 50 percent by 2030 through carefully selected investment projects primarily focused on the petrochemical and chemical value chains.

“CLG is honored to partner with MOL Group for this Master Plan Study,” said Leon de Bruyn, Managing Director of CLG. “CLG and CB&I’s complete refining and petrochemicals technology portfolio coupled with our highly experienced process planning expertise offers valuable insight to MOL for its long-term strategy."

This award strengthens the long-standing relationship between CLG and MOL Group. CLG previously revamped a HDS unit into a mild hydrocracker at MOL’s Danube refinery, licensed a hydrocracker unit at its Rijeka refinery and licensed a LC-FINING unit at the MOL-Slovnaft refinery in Bratislava.
MRC

Pursuing a 2°C pathway: the climate challenge - ExxonMobil & Stanford

MOSCOW (MRC) -- Many uncertainties exist concerning the future of energy demand and supply, including potential actions that societies may take to address the risks of climate change, as per Hydrocarbonprocessing.

The analysis featured here is intended to provide a perspective on hypothetical 2 degree C scenarios.

Considerable work has been done in the scientific community to explore energy transformation pathways. A recent multi-model study coordinated by the Energy Modeling Forum at Stanford University (EMF 27) brought together many energy economic models to assess technology and policy pathways associated with various climate stabilization targets (e.g., 450, 550 ppm CO2 equivalent or CO2e), partially in support of the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC).

The chart to the right illustrates potential CO2 emission trajectories under EMF 27 full technology scenarios targeting a 2°C pathway (Assessed 2°C Scenarios) relative to the 2018 Outlook, and baseline pathways (Assessed Baseline Scenarios) with essentially no policy evolution beyond 2010. The 2018 Outlook incorporates significant efficiency gains and changes in the energy mix, resulting in a projected CO2 emissions trajectory that resides between the pathways illustrated by the baseline and 2°C scenarios.

A key characteristic of the Assessed 2°C Scenarios is that energy-related CO2 emissions go to zero, or potentially negative, by the end of the century.
MRC

CB&I awarded contract for ADNOC refining crude flexibility project

MOSCOW (MRC) -- CB&I has announced it has received a letter of award from Abu Dhabi National Oil Company (ADNOC), the national oil company of United Arab Emirates (UAE) and the parent company of ADNOC Refining, to build a Crude Flexibility Project (CFP) valued at more than USD500 million in Ruwais, UAE, as per NBC-2.

CB&I is part of a joint venture led by Samsung Engineering Co., Ltd., that will execute the USD3.1 billion CFP, which will upgrade the Ruwais Refinery to process heavier offshore crude oil from Upper Zakum fields. CB&I's scope of work includes the engineering and procurement for two atmospheric residue desulfurization units, which were previously licensed by Chevron Lummus Global, a joint venture between Chevron U.S.A. Inc. and CB&I. Additionally, CB&I's scope of work includes the engineering, procurement, fabrication and construction for 14 flat-bottom tanks and ten process heaters. Approximately 40 percent of the value of the project is expected to be spent in the UAE supply chain.

"This award builds on CB&I's proven experience in the refining industry," said Patrick K. Mullen, CB&I's President and Chief Executive Officer. "CB&I and Samsung have a history of successful collaboration and safe execution, and we look forward to working with ADNOC Refining to supply these units that will reduce sulfur, enhancing the ability of Ruwais petroleum products to compete on the world market while meeting stringent international environmental regulations."

As MRC informed before, in March 2017, Clariant, a world leader in specialty chemicals, announced that it had been awarded a contract by Dongguan Grand Resource Science & Technology Co. Ltd. to develop a new propane dehydrogenation unit in cooperation with CB&I. The project includes the license and engineering design of the unit, which is to be built in Dongguan City, Guangdong Province, China.

CB&I is a leading provider of technology and infrastructure for the energy industry. With more than 125 years of experience, CB&I provides reliable solutions to our customers around the world while maintaining a relentless focus on safety and an uncompromising standard of quality.
MRC

Indian SRF to set-up BOPET film line in Europe

MOSCOW (MRC) -- SRF has received capex approval for setting up of a BOPET film line in a new entity to be incorporated as a wholly owned subsidiary of the company in Europe at a cost of 58 million euro to be financed by loan and/or internal accruals, as per Indian-Commodity.

The new capacity is being set up to serve customers in Europe, Russia and other markets. The board of directors at its meeting held on February 7, 2018 has approved for the same.

SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.

Equipped with state-of-the-art production facilities, SRF is one of the largest manufacturers of a spectrum of standard and speciality Bi-axially Oriented Polyethylene Terephthalate (BOPET) and Bi-axially Oriented Polypropylene (BOPP) films. SRF exports packaging films to around 70 countries. Conforming to the global standards, SRF’s packaging films are predominantly used in flexible packaging of soaps, detergents, tea, shampoo sachets, food packaging, cable, insulation, ducting tape, textile etc.
MRC

Linde establishes Asia-Pacific Digitalization Hub in Singapore

MOSCOW (MRC) -- The Linde Group announced the launch of its Asia Pacific Digitalization Hub, a strategic initiative to rapidly identify, develop and trial emergent digital technologies for industrial applications in the region and beyond, as per Hydrocarbonprocessing.

In partnership with Singapore Economic Development Board (EDB), Linde will invest over USD23 million in the Hub, which will expand the company’s digital capabilities and further extend its lead in the digital transformation of the gases and engineering industries, improving safety and process efficiency, and delivering better value to its customers.

At the Asia Pacific Digitalization Hub, Linde Digitalization teams will work alongside engineers and lines of business on projects and technology trials across the region. Though the Hub will be decentralized to better take advantage of the diversity and opportunities around Asia Pacific, Singapore will serve as a nexus for the Hub.

Prof. Dr. Aldo Belloni, Chief Executive Officer at Linde AG, said, “Linde has had a long and proven history of innovation and technological excellence that continues to this day. Digitalization is central to our global strategy for growth and provides opportunities for Linde to differentiate by delivering better solutions and convenience for our customers. The Asia Pacific Digitalisation Hub builds on the successful Digital Accelerator at our Munich headquarters, and is an affirmation of our continued commitment to innovation."

Mr. Sanjiv Lamba, Member of the Executive Board, Linde AG, and Chief Operating Officer for Asia Pacific, said, “Asia Pacific is Linde’s fastest growing market, and the region is especially open to new technologies and innovative gases applications. The Asia Pacific Digitalisation Hub will capitalize on the tremendous innovation coming out of the region, allowing Linde to extend its lead in digitalizing the gases business. With its forward-thinking approach and openness to innovation, Singapore is a natural choice of partner for Linde."

MRC