SayanskKhimPlast resumed PVC production

MOSCOW (Market Report) -- SayanskKhimplast (Irkutsk region), Russia's second largest polyvinyl chrolide (PVC) producer, resumed its PVC production capacities after a scheduled turnaround, according to ICIS-MRC Price report.

The plant's representative said SayanskKhimPlast had fully resumed its PVC production by Thursday, 15 August, after the scheduled maintenance works. The outage was quite long and lasted for about 30 days. The plant's annual production capacity is 300,000 tonnes.

As reported earlier, this is the second and last shutdown for maintenance at Russian PVC plants this year. RusVinyl with the annual capacity of 330,000 tonnes/year was the first plant, which shut down its production capacities in late April - early May. Bashkir Soda Company and Kaustik Volgograd do not intend to take off-stream their production capacities for turnarounds this year.

JSC "Sayanskkhimplast" (Irkutsk region), established in 1998, is a complex of large-capacity chlororganic production facilities connected in a single production cycle. SayanskKhimPlast produces PVC, caustic soda and bleach. After commissioning of RusVinyl's PVC production (Nizhny Novgorod region), SayanskKhimPlast became Russia's second largest PVC producer.
MRC

SATORP awards Jacobs general engineering services contract

MOSCOW (MRC) -- Jacobs Engineering Group Inc. has received a two-year contract renewal from Saudi Aramco Total Refining and Petrochemical Company (SATORP) for its subsidiary in the Kingdom of Saudi Arabia, Jacobs Zamel and Turbag Consulting Engineers (Jacobs ZATE), to provide general engineering services at SATORP's facilities in Jubail Industrial City 2 on the Arabian Gulf coast, as per Yourpetrochemicalnews.

Jacobs continues to provide a range of services, from basic engineering to Front End Engineering Design (FEED), detailed design, procurement through to construction management, commissioning support and handover of small to medium sized capital investments to sustain the operations of the SATORP Jubail II refinery. The services are led by a dedicated team from Jacobs ZATE in Al-Khobar, Saudi Arabia.

"SATORP's continued trust in our proven capabilities as a world-class engineering and construction management company is a testament of our commitment as a valued partner in the region," said Jacobs Energy, Chemicals and Resources Senior Vice President and General Manager EMEA David Zelinski. "This contract renewal reaffirms our strong relationship with SATORP and our long-standing position in the Kingdom."

Jacobs has operated in Saudi Arabia for more than 40 years, developing strong partnerships with the Kingdom's industrial leaders including, Saudi Aramco, Saudi Basic Industries Corporation (SABIC) and Saudi Arabian Mining Company (Ma'aden). Examples of the company's work in the Middle East include BP Khazzan Oman Gas Field, Sinnovate Smart Technology Hub, Zuluf Gas/Oil Separation Plant FEED, King Abdulaziz Project for Riyadh Public Transport, Sadara Chemical Company, Prince Mohammed bin Abdulaziz International Airport, Ma'aden Wa'ad Al-Shamal Phosphate Company and numerous infrastructure projects with the Saudi Industrial Property Authority (MODON).

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With USD15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors.

As MRC informed earlier, SATORP (Saudi Aramco Total Refining and Petrochemicals Company) has selected Axens to evaluate, develop, and implement an Advanced Process Control (APC) system for its aromatics complex ParamaX producing high purity paraxylene and benzene.

SATORP, located in Jubail, includes a 400,000-bpd refinery and petrochemicals units with a combined total of 1 MMtpy.
MRC

Equinor says effort to restart Mongstad refinery continues

MOSCOW (MRC) -- Work to restart Norway's Mongstad oil refinery continued, following a power outage that shut the facility earlier in the day, as per Reuters.

The unexpected outage happened during routine maintenance on the site's power supply, triggering an evacuation of most workers.

As it was said earlier, Jacobs Engineering Group Inc. has been awarded a feasibility study contract from Equinor Energy AS to evaluate the possibilities for building a hydrogen production plant, including CO2 capture and export facilities, in Eemshaven.

Equinor ASA operates as an energy company. The Company develops oil, gas, wind, and solar energy projects, as well as focuses on offshore operations and exploration services. Equinor serves customers worldwide.
MRC

Parts of Norwegian Mongstad oil refinery up and running

MOSCOW (MRC) -- Equinor's oil and cogeneration plants at Norway's Mongstad refinery are up and running, with more parts of the facility expected to restart during Thursday, reported Reuters with reference to the firm's statement.

"The crude oil plant and cogeneration plant (are) up and running. We expect more parts of (the) Mongstad refinery to be re-started today as work is currently ongoing to prepare for start-up," said Equinor spokeswoman Elin Isaksen.

An unexpected outage at Mongstad occurred on Wednesday during routine maintenance on the site's power supply, triggering an evacuation of most workers.

All workers who had been evacuated were now back at work, added Isaksen, declining to give an estimate on current output.

Equinor's largest refinery, on the western coast of Norway, was built in 1975 and has a crude oil and condensate distillation capacity of 226,000 barrels per day, according to the company. Last October Mongstad sustained an unexpected outage that lasted two weeks when a naphtha leak shut down the plant.

As MRC wrote previously, in April 2018, Wood has won new contract to provide front-end engineering design (FEED) for Statoil’s Mongstad refinery near Bergen, Norway.
MRC

Indian Oil posts 50% jump in Q1 net at Rs 70.9 bn; income up at Rs 1.52 trn

MOSCOW (MRC) -- Indian Oil Corporation (IOC) reported 50.27 per cent jump in consolidated net profit at Rs 70.92 billion for the first quarter of the current financial year, as per Business-standard.

The country's largest fuel retailer had posted net profit of Rs 47 billion in the same quarter of last financial year.

IOC said in a regulatory filing that its net income increased to Rs 1.52 trillion during April-June quarter of the 2018-19, from Rs 1.32 trillion in the year-ago period.

Expenses remained higher at Rs 1.42 trillion as against Rs 1.25 trillion in the said period.

As per MRC, Indian Oil to invest Rs7,812 crore for expansion IOC to invest Rs.1,843 crore in upgrading Koyali refinery in Gujarat to produce Euro-IV complaint fuel, Rs.1,327 crore to be spent on Barauni refinery in Bihar.

Indian Oil Corporation Limited, or IndianOil, is an Indian state-owned oil and gas corporation with its headquarters in New Delhi, India.
MRC