Hamriyah Free Zone Authority recognizes top Petrochemical, Oil & Gas companies of Hamriyah Free Zone

MOSCOW (MRC) – Hamriyah Free Zone Authority (HFZA) recognizes top petrochemical, oil & gas companies of Hamriyah Free Zone during the “HFZA – Gulf Energy Information (Gulf) Petrochemical, Oil & Gas Event” held last 7th day of May 2018 at Hamriyah Free Zone Authority Head Office, as per Hydrocarbonprocessing.

In this event the strategic partnership between Hamriyah Free Zone Authority and Gulf Energy Information (Gulf), formerly Gulf Publishing Compan (GPC) benefits were announced to the participating Petrochemical, Oil & Gas companies and HFZ’s investors to highlight and promote their company, products and services globally.

Mr. Saud Salim Al Mazrouei, Director of HFZA and Sharjah Airport International Free Zone (SAIF Zone) said, “we are delighted to recognize the 1,500 companies working in the petrochemical, oil & gas sector of Hamriyah Free Zone and to connect our investors to Gulf’s global publication to showcase their products and services globally.

Gulf Energy Information, was founded in 1916 and global publication for more than 100 years, has been seen as a leading provider of media, marketing and market intelligence services that provides in depth insights, technical content and strategic direction to the international energy industry. Gulf’s market-leading brands—World Oil, Hydrocarbon Processing, Petroleum Economist, Pipeline & Gas Journal, Gas Processing & LNG, Pipeline News and Underground Construction to serve their markets with traditional print publications, as well as digital media, data and events that leverage large audiences across the upstream, midstream, downstream, business strategy and infrastructure markets.

Gulf is happy to bring more international attention to HFZA and to assist HFZA and their business associates by attracting additional business opportunities.
MRC

MOSCOW (MRC) -- Iran has agreed to build a new oil refinery for Sri Lanka in addition to upgrading its ageing 50,000 barrel per day (bpd) state-owned refinery, reported Reuters with reference to Sri Lankan cabinet spokesman Rajitha Senaratne.

Iranian officials pledged the new refinery when Sri Lanka President Maithripala Sirisena made an official visit to Tehran over the weekend, the first leader to go to Iran since U.S. President Donald Trump reimposed U.S. economic sanctions.

"They even agreed to help Sri Lanka to build a new refinery," Senaratne told Reuters when asked if Sri Lanka sought assistance to refurbish its current refinery.

"We only spoke about the concepts and they promised to send a team (for further talks)."

Senaratne did not elaborate how the Sri Lankan government would deal with Iranian financial transactions in the face of U.S. sanctions.

Sri Lanka has a single, 50,000 bpd oil refinery in Colombo suburb Sapugaskanda, built by Iran in 1969 to refine Iranian light crude. However, when toughened sanctions were imposed on Tehran in 2012 to curb its nuclear ambitions, state-run Ceylon Petroleum Corporation (CPC) was forced to look for other light crudes.

The existing refinery accounts for 30 percent of Sri Lanka's fuel requirement, but the head of CPC last week said that upgrading "may not be the solution" because Sri Lanka needs a refinery capable of handling all types of crude.

Iran's offer comes as Chinese, Middle East and Russian companies are in "preliminary discussions" to build a 100,000 bpd refinery for CPC.

Two Chinese companies have jointly bid for a 100,000 bpd refinery, with annual output of about 5 million tonnes a year, in the southern town of Hambantota, where China controls a sea port and plans an industrial zone.

Sri Lanka is still in talks about the Hambantota refinery, though the government has blocked a proposal by the Chinese companies to sell fuel locally.

Sri Lanka has also discussed another 100,000 bpd refinery in partnership with Indian Oil Corp, but there has been no progress on that plan. (Reporting by Shihar Aneez Editing by David Goodman)
MRC

MOSCOW (MRC) -- Air Products announced that it has inaugurated its new world-scale industrial gas complex within the Integrated Refinery Expansion Project (IREP) of the BPCL Kochi Refinery located in Kochi, India, as per Hydrocarbonprocessing.

Air Products’ new facility was inaugurated by Dr. K.T. Jaleel, Minister for Local Self-Governments, Kerala, in the presence of Mr. P. Thilothaman, Minister for Food & Civil Supplies, Kerala, Dr. Samir J. Serhan, executive vice president for Air Products, Mr. Richard Boocock, president, Industrial Gases – Middle East, India, Egypt and Turkey for Air Products, and other dignitaries and guests.

Ceremonial “Lighting of the Lamp” for Air Products’ new world-scale industrial gas complex in Kochi, India, by Dr. K.T. Jaleel, Minister for Local Self-Governments, Kerala, in the presence of Mr. P. Thilothaman, Minister for Food & Civil Supplies, Kerala; Dr. Samir J. Serhan, Air Products Executive Vice President; Mr. Richard Boocock, President, Industrial Gases–Middle East, India, Egypt and Turkey for Air Products; and other dignitaries and guests.
Ceremonial “Lighting of the Lamp” for Air Products’ new world-scale industrial gas complex in Kochi, India, by Dr. K.T. Jaleel, Minister for Local Self-Governments, Kerala, in the presence of Mr. P. Thilothaman, Minister for Food & Civil Supplies, Kerala; Dr. Samir J. Serhan, Air Products Executive Vice President; Mr. Richard Boocock, President, Industrial Gases–Middle East, India, Egypt and Turkey for Air Products; and other dignitaries and guests. “Image courtesy of Air Products and Chemicals, Inc.”


Air Products has invested several hundred million dollars for the build-own-operate (BOO) project, the largest of its kind in India in terms of investment. Air Products’ Kochi Industrial Gas Complex, which generates hydrogen, nitrogen, oxygen, and steam, is an invaluable constituent of BPCL’s IREP to manufacture auto-fuels complying with Euro-IV/Euro-V specifications. The industrial gases manufactured at the complex also enable BPCL to increase refining capacity by nearly two-thirds, from 190,000 to 310,000 barrels per day, while producing cleaner fuels through upgraded fuel specification. The industrial gas complex provides jobs to around 50 employees.

“Air Products is privileged to serve BPCL’s expansion needs at Kochi to provide significantly more high quality, cleaner-burning fuels,” said Serhan. “I am very proud of the team for their excellent work on this project, which achieved a flawless start-up and is now reliably supplying industrial gases to the BPCL refinery. This world-class facility represents true project execution excellence and took more than 10 million man-hours to build without any safety incidents.”

An Air Products team located across four countries, including India, the U.K., the Netherlands, and the U.S., worked on the Kochi project, built on more than 15 acres of land leased from BPCL.

“As one of the fastest growing economies in the world, we are very proud to invest in India and want to continue growing our presence and strong relationships in the region as the safest and most innovative industrial gas company,” said Boocock. The Kochi Industrial Gas Complex houses one of the most efficient and flexible HyCO (hydrogen/carbon monoxide) plants in Air Products’ global plant fleet. This is a technologically-advanced plant, built using Air Products’ proprietary technology, incorporating state-of-the-art safety features which also deliver reliability and environmental performance.”

A unique highlight of the plant is that the gas turbine is integrated into the design of the twin steam methane reformers. These are the first-ever twin steam methane reformers designed and built by Air Products with a combined capacity of 16.4 tonnes per hour of hydrogen production.
MRC

MOSCOW (MRC) -- Fujian Gulei Petrochemical Co. (GLPC) has selected Badger Licensing LLC to supply its technologies for a new 600,000 t/y grassroots ethylbenzene/styrene monomer (EB/SM) plant, which will be built in Gulei Economic Development Zone, Zhangzhou City, Fujian Province, China, reported GV.

The EB/SM facility, which will utilize Badger's EBMax technology integrated with its styrene technology, will be part of the Gulei Refining Integrated Project, one of several integrated refinery and petrochemical complexes being established in China. In addition to technology license, the contract includes process design and start-up services. Basic engineering work is about to begin, with mechanical completion and start-up scheduled in 2020.

"The Gulei Refining Integrated Project is the largest cross-Taiwan Strait cooperation project in the petrochemical industry and we are very proud to be associated with it," noted Badger President Dana Johnson. GLPC is a joint venture of Dynamic Ever Investments Ltd. and Fujian Petrochemical Co.
MRC

MOSCOW (MRC) -- BASF-YPC, a 50-50 joint venture of BASF and Sinopec, has restarted its naphtha cracker following a planned shutdown, according to Apic-online.

A Polymerupdate source in China informed that the company resumed operations at the cracker on May 9, 2018. The cracker remained under maintenance for around three weeks.

Located in Nanjing, China, the cracker has an ethylene capacity of 740,000 mt/year.

As MRC wrote before, in February 2016, BASF-YPC began production at its new 40,000-t/y neopentyl glycol (NPG) facility in Nanjing, China.

BASF is the world's leading chemical company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas.
MRC