ADNOC to build largest global refining & chemical site

MOSCOW (MRC) -- State oil giant Abu Dhabi National Oil Co (ADNOC) plans to build the world's largest integrated refining and chemical site in Ruwais, United Arab Emirates, ADNOC's chief executive officer said on Tuesday, reported Reuters.

Speaking at the CERAWeek conference in Houston, Sultan al-Jaber, head of ADNOC, said downstream investments like refining and chemicals represent the company's biggest future opportunity. The company plans on tripling petrochemical production to 14.4 MMtpy by 2025, he said.

"Our goal by 2025 is to transform Ruwais into the largest integrated refining and chemicals site in the world - doubling our refining capacity and tripling our petrochemicals production," said al-Jaber.

Al-Jaber said the company also plans to make unexplored blocks of oil in the UAE available for auction in the near-future.

As MRC informed earlier, in May 2017, Abu Dhabi National Oil Company (Adnoc) announced that it would work together with the Austrian producer OMV to help grow Adnoc’s downstream businesses.
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MOSCOW (MRC) -- ELIX Polymers, a leading producer of ABS polymers and blends, says important improvements to surface finish are being made by using Roctool’s Heat and Cool technology to mould its ELIX Ultra HH4115HI ABS/polycarbonate blend, as per the company's press release.

The company recently completed a series of tests using this technology, carried out in line with its strategy of providing tailor-made solutions and service to companies processing its specialist materials.

"We are operating in a highly competitive market, so it is important for us to go the extra mile to demonstrate to our customers how they can get the most out of our materials,” says Jose Pedro Abad, business Development Manager Automotive. "We wanted to quantify the possible improvements - in terms of part aesthetics and also processing performance - using Heat and Cool technology. We chose to use Roctool induction heating technology to characterise our innovative ABS/PC blend ELIX Ultra HH4115HI, which is a leader of Heat and Cool technology (H&C), in order to expand the already wide range of applications." continues Abad.

The material characterisation is part of Roctool’s ongoing effort to further develop its High Definition Plastics material database which is designed to help OEM’s to achieve exceptional part quality and increased performance" comments Mathieu Boulanger, Roctool CEO. "Roctool’s H&C can have significant effects on surface quality; it also helps to eliminate evidence of weld lines and flow marks. Mould cavity surface is heated very quickly up to temperatures that can exceed 200 C just before injection. The surface is then cooled quickly, to achieve the necessary demoulding temperature to minimize any increase in total cycle time," continues Mathieu Boulanger.

By heating the mould temperature above the glass transition temperature, we obtain excellent replication of the cavity surface - even surfaces that have the finest laser-made grain structures – as well as an elimination of weld lines and sink marks. It therefore reduces or even eliminates the need for painti-g or in-mould decoration. Furthermore, shear stress in the melt is reduced which can have an important effect on the mechanical properties of the part and thinner walls.

To characterise the innovative ABS/PC blend ELIX Ultra HH4115HI under H&C conditions and according to the HD Plastics process, Roctool characterised the surface replication following three types of surface structures: Chemical grain, EDM grain and laser grain as well as improvements in gloss and colour. Besides surface replication, flow length studies have been also carried out.

"HD Plastics characterisation highlights the improvement made by using Roctool technology with global surface quality improved by the level of gloss and the black intensity. Indeed, Roctool’s technology allows a reduction of the colour lightness and we obtain a ‘piano black’ part with a perfect surface finish." says Abad. In addition, replication of the textured surface was improved by over 50%, and there were significant improvements for each type of surface structure, especially with low roughness. Last HD Plastics characterisations are based on the study of the flow using the Spiral mould for thicknesses of 1 and 1,5mm. This study shows strong improvement using Roctool technology versus conventional technology, in terms of pressure drop reduction which is up to 60% and flow length up to 100%.

As MRC informed before, in February 2016, ELIX Polymers unveiled an upgraded version of P2MC as well as new ABS grades to complete the plating portfolio. Target applications for these electroplating grades include radiator grilles, logos, profiles, tailgate handles, and decorative interior parts.

ELIX Polymers is one of the most important manufacturers of ABS resins and derivatives in Europe, with 40 years of experience in engineering plastics and an installed capacity of 180,000/year from their plant in Tarragona (Spain) to the world. The operation starts in 1975, when the Tarragona ABS and SAN production plant was inaugurated.
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MOSCOW (MRC) -- Kraton Corporation (KRA) and certain of its wholly-owned subsidiaries announced the closing of an amendment to its existing senior secured term loan facility, as per Worldofchemicals.

increased borrowing under the euro-denominated tranche of the term loan facility (the euro tranche) by 150 million euros to 315 million euros;
re-priced the euro tranche from Euribor plus 2.50 percent to Euribor plus 2.00 percent, with a 0.75 percent floor, and re-priced the US dollar-denominated tranche of the term loan facility from LIBOR plus 3.00 percent to LIBOR plus 2.50 percent, with a 1.00 percent floor; and extended the maturity date of the term loan facility from 6 January 2022 to 8 March 2025.

Proceeds from the additional borrowings under the euro tranche, plus available cash on hand, were used prepay USD185 million of the then outstanding USD485 million balance under the USD tranche.

"The success of this most recent refinancing reflects the ongoing optimization of our capital structure and credit profile. The refinancing represents annualized cash interest savings of approximately USD5.9 million," said Stephen Tremblay, the company's executive vice president and chief financial officer.

"We are focused on other near-term opportunities to improve our capital structure and we remain fully committed to the closing fiscal year 2018 with our consolidated net debt leverage below four turns," added Tremblay.

JP Morgan, Deutsche Bank, and Credit Suisse were joint lead arrangers and joint book runners for the transaction.
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MOSCOW (MRC) -- SNC-Lavalin (SNC) in consortium with TechnipFMC, has been awarded a lump sum EPC contract to supply Nova Chemicals with two gas cracking furnaces, as per Worldofchemicals.

This award supports the recently announced third phase of the conversion and expansion of Nova Chemicals’ Corunna cracker. The cracker which is expected to increase the unit’s current ethylene capacity by more than 50 percent and is linked to the construction of a new polyethylene facility being developed by Nova Chemicals.

Prior to this engineering, procurement and construction (EPC) award, TechnipFMC provided the associated process technology under a separate licensing agreement with Nova Chemicals. Both TechnipFMC and SNC-Lavalin supported Nova Chemicals in the front-end engineering (EDS / FEED) development for the gas cracking furnaces.

Under the agreement, TechnipFMC will have primary responsibility for the detailed engineering and procurement aspects of the work, while SNC-Lavalin will be responsible for the modular fabrication, erection, construction and pre-commissioning of the work.

“We are pleased to be awarded this project which will expand our ongoing and successful working relationship with Nova Chemicals. Our downstream capabilities are well regarded in Canada and this segment of the market is seeing growing demand; this award reinforces our reputation for delivering gas cracking furnaces within Canada,” said Kevin Dell, senior vice president, oil & gas Canada, SNC-Lavalin.
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MOSCOW (MRC) -- Sabic, a global leader in the chemical industry, is introducing the newest addition to its expanding portfolio of UDMAX unidirectional fiber-reinforced thermoplastic composite tape products, said the producer in its press release.

Commercially available worldwide, the new glass-filled high-density polyethylene (HDPE) grade is designed for reinforcing industrial applications, such as pipes and pressure vessels, offering unmatched tensile strength. This novel product has one of the highest glass content available in the industry today combined with optimal thermoplastic resin impregnation, thanks to Sabic’s proprietary high-pressure fiber impregnation technology (HPFIT). By using UDMAX tape to reinforce oil, gas and water pipes, boilers and storage tanks, customers can significantly increase mechanical performance while reducing weight and help improve corrosion resistance in the most demanding environments.

"As pipe and pressure vessel manufacturers face rising demand for higher performance, longer life and greater safety, advanced thermoplastic composite technologies from SABIC can offer a practical solution for various industrial applications," said Hans Warmerdam, commercial director, SABIC Fibre Reinforced Thermoplastics (FRT). "Our new UDMAX GPE 46-70 tape delivers the exceptional strength needed to meet tough industry challenges, and promotes more efficient pipe and pressure vessel designs for transport and installation. This new product also illustrates how SABIC continues to invest in technological innovations that give our customers an ever-increasing selection of strong, lightweight thermoplastic composites in place of traditional materials."

The UDMAX GPE 46-70 tape offers exceptionally lightweight and high strength and is a replacement for metal and other traditional materials. Featuring SABIC’s HPFIT that quickly and precisely enables the spread and combination of thousands of glass or carbon fibers with a thermoplastic matrix, the UDMAX GPE 46-70 tape has 70 percent fiber by weight content - one of the highest available today. "Maximizing fiber content can raise tensile strength up to 957 MPa, which in turn affects the burst pressure resistance of a pipe or vessel - a key performance indicator," said Joris Wismans, technical director, SABIC FRT.

Reinforcing pipes and pressure vessels with UDMAX tape offers designers new options for achieving desired performance. For example, the use of UDMAX GPE 46-70 tape can enable pipes to withstand higher loads, while reducing the number of tape layers for less-demanding environments, lowering overall weight for easier transport and installation.

As MRC informed before, in September 2017, Sabic continued its global expansion with the inauguration of a new polypropylene (PP) pilot plant in Geleen, the Netherlands, and the announcement of a new investment in a state-of-the-art PP extrusion facility to be built at the same location.

Saudi Basic Industries Corporation (Sabic) ranks among the worldпїЅs top petrochemical companies. The company is among the worldпїЅs market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.
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