CB&I technology award marks a first for Chinas petrochemical industry

MOSCOW (MRC) -- CB&I announced it has been awarded an ethylene technology contract by Lianyungang Petrochemical Co., Ltd., a subsidiary of Zhejiang Satellite Petrochemical Co., Ltd. CB&I's scope of work includes a process design package, heater engineering and technology license for two ethylene plants with a capacity of 1,250 kta each at Lianyungang's petrochemical facility in Jiangsu Province, China, as per Hydrocarbonprocessing.

This design will utilize CB&I's market-leading, low-cost ethane cracker flowsheet which reduces investment costs by eliminating plant equipment. Once complete, these will be China's first ethylene plants to crack 100 percent ethane feed, signifying a new wave of ethylene projects fed by shale gas ethane sourced from the U.S. Currently, all large ethylene plants in China crack mixed feeds or liquid feeds.

"CB&I is already a leading technology provider for the Chinese petrochemical industry," said Daniel M. McCarthy, CB&I's Executive Vice President of Technology. "Being the first company to license a unit in this new wave of ethane-only cracker projects in China not only enhances our business in the region, it puts CB&I in a better position to win future awards in the market."
MRC

MOSCOW (MRC) -- As part of its strategy to secure and make the hydrogen supply to its refineries more efficient, Petroleos Mexicanos entered into a partnership with the German company Linde for the supply of hydrogen gas to the Francisco I. Madero refinery in Ciudad Madero, in the state of Tamaulipas, on a long-term basis, as per Hydrocarbonprocessing.

This will ensure both companies combine forces. On one hand, Linde will make an investment of around 40 million dollars for the joint operation of the hydrogen plant, which has the capacity to produce 42 million cubic feet of gas per day.

Petroleos Mexicanos, on its part, will provide the totality of the operating structure; the company has highly-qualified personnel with wide-ranging experience in the refining field, mainly of whom live in the region.

As is the case with many refining companies worldwide, with this agreement Pemex Transformacion Industrial entrusts its hydrogen supply to a highly-specialized, widely recognized company such as Linde, which will increase the operating reliability of Pemex as a whole, reduce the number of unscheduled shutdowns, and increase the company’s savings.

Linde is a pioneer in the field of hydrogen production technology development and currently operates over 120 production plants in the world.

Thus, both companies strengthen their existing commercial bond, as Linde has supplied nitrogen for the Cantarell production field, located in the Campeche region, for many years now.
MRC

MOSCOW (MRC) - Russia's production of high density polyethylene (HDPE) was about 237,700 tonnes in January-March 2018, down 0.3% year on year, according to MRC ScanPlast.

March production of HDPE in Russia increased to 83,100 tonnes, whereas a month earlier this figure did not exceed 73,500 tonnes; Kazanorgsintez and Stavrolen increased capacity utilisation. Overall HDPE production reached 237,700 tonnes in the first three months of 2018, compared to 238,400 tonnes a year earlier. The growth in production volumes at Gazprom neftekhim Salavat and Stavrolen failed to compensate for the significant reduction in output from Nizhnekamskneftekhim.

The structure of HDPE production by plants looked the following way over the stated period.
Russia's March HDPE production at Kazanorgsintez increased to 46,900 tonnes from 41,200 tonnes a month earlier. The Kazan plant's overall HDPE production was 132,900 tonnes in January-March 2018, which practically corresponded to the last year's figure.

Stavrolen also increased output of HDPE last month, the final figure exceeded 27,000 tonnes against 23,300 tonnes in February. The plant's HDPE output reached 76,300 tonnes in January-March 2018, up 4% year on year.
Gazprom neftekhim Salavat cut capacity utilisation and March HDPE production at the plant reached about 8,700 tonnes, compared with 9,000 tonnes in February. Total HDPE production at the plant reached 28,000 tonnes in January-March 2018, up 28% year on year.

Nizhnekamskneftekhim in the beginning of November last year, switched to the production of linear low density polyethylene (LLDPE) and only on the last day of March began production of HDPE. Thus, the production of this polyethylene in the first three months was not actually carried out.


MRC

MOSCOW (MRC) -- Rehau Americas, a molder of plastic products for the construction, automotive and industry sectors, will close its manufacturing plant in Winnipeg, Manitoba by the end of 2018, as per Canplastics.

"The decision to cease operations at our window profile extrusion plant in Winnipeg was difficult but necessary,” Christian Fabian, CEO of Rehau Americas, said in a statement. “There is no realistic prospect for profitability, and therefore we have reached the unfortunate but inevitable decision to close this facility."

The Winnipeg plant employs approximately 75 workers, and produces rigid PVC profiles for residential and commercial window manufacturers in the U.S. and Canada.

"We have a compelling business need to better align our assets with marketplace trends and customer requirements,” Fabian said. “To that end, we are setting up our manufacturing network to service innovative production lines – in strategic geographic areas – to better meet current and future production needs and the evolving needs of our customers."

Fabian also said that customer orders will be completed and the inventory sold off during the transition to a North American focus on technologically advanced, sustainable profile designs.

In its statement, Rehau Americas also said that optimizing its global manufacturing network is a key part of the company’s group strategy, which involves focusing on core markets, increasing growth in developing and emerging markets such as Central and South America, and driving increased value-added innovation.

Headquartered in Leesburg, Va., Rehau Americas is a subsidiary of Rehau AG + Co., which employs approximately 20,000 workers at more than 170 locations around the world.

MRC

MOSCOW (MRC) -- 2017 saw Perstorp reach a milestone with the delivery of a volume-based sales growth of 10 percent and sales amounting to SEK 13,592 million, as per Coatingsworld.

EBITDA excluding non-recurring items increased by 20 percent to record high SEK 2,133 million. A successful refinancing of the balance sheet in the third quarter last year, amounting to €230 million, also gave the company lower interest rates on the floating rate notes. ?The demand was solid and harmonious across all three main regions; America, Europe and Asia, despite some geopolitical uncertainty. Perstorp’s continued focus on proactive pricing also enabled margin improvement. ?Perstorp is a world leader in specialty chemistry and for over 135 years, this expertise has been used to pioneer the development of highly innovative products that advance everyday life across the globe.
In 2017, the company saw the launch of a number of developments: ?

Voxtar, Evyron and Neeture, the world’s first portfolio of polyols based on renewable raw materials according to a mass balance system; ?
New methods of formulating Pevalen, a non-phthalate plasticizer;
ProPhorce Valerins, a new organic acid to improve animal gut health without the need for antibiotics; ?
Developments for Synthetic lubricants for measuring exact fire and pour points ?;
New generation filaments in partnership with 3D4Makers ?

Perstorp has also made significant strides in its sustainability ambitions. In November in Shanghai, the company announced its ambition to become Finite Material Neutral, by switching to renewable resources and reusing finite resource in continuous loops. As a chemical company, Perstorp consumes significant amounts of electricity in production processes and with this in mind, the company committed in 2017 to only use renewable electricity across all their domestic production plants.

"Perstorp’s growth and exceptional EBITDA results were a major milestone for the company," President and CEO Jan Secher said. “The result is particularly encouraging as all areas of the business contributed to this incredible success. We continue to make significant progress based not only on our innovation and sustainability efforts, but also through customer centricity, strong leadership values and a company culture whereby all employees can reach their full potential."
MRC