KBR announces a new propane dehydrogenation technology

MOSCOW (MRC) – KBR, Inc. announced that it has developed a new Propane Dehydrogenation (PDH) technology (K-PROTM) that offers high propylene selectivity and conversion, as per Hydrocarbonprocessing.

This technology is based on KBR's catalytic olefins technology (K-COTTM) which is a commercially proven fluidized-bed technology for converting low-value olefinic, paraffinic or mixed streams into high-value propylene and ethylene.

K-PROTM delivers significant capital cost and operating cost advantages when compared with conventional designs. This arises from its fluidized-bed design which delivers reliable operation and high on-stream factors when compared with fixed or moving bed reactors.

K-PROTM technology combines the know-how and experience of K-COTTM with a novel high selectivity, low-cost, dehydrogenation catalyst that does not require precious metals. Plants based on this new technology will be designed as stand-alone propylene production units independent of a steam cracker or a FCC unit. Additionally, existing PDH operating units can be easily modified to benefit from the superior process performance and lower operating cost.

"K-PROTM is a further evolution and extension of KBR's pioneering work in catalytic cracking process technology," said John Derbyshire, KBR President, Technology. "The CAPEX savings for K-PROTM over other commercially available technologies is in the range 20-30% based on our internal studies. In addition the FCC-based design will deliver higher on-stream factors and much better energy efficiency when compared with existing designs. Our clients have every reason to be excited about this newest addition to our olefins technology portfolio."

KBR has over 70 years of experience in olefins plant design and construction. KBR's K-COTTM technology is extremely flexible in terms of feed and products and its versatility can enhance economic performance of steam crackers in a number of ways KBR's SCORETM is a versatile, high yield and low CAPEX steam cracking technology which can be designed for feedstock ranging from ethane to heavy gas oils. With the addition of new PDH technology to its offerings, KBR is positioned better than ever to address all its clients' needs for olefin technology solutions.
MRC

MOSCOW (MRC) -- A fire broke out at Equinor’s Tjeldbergodden industrial facility in Norway, triggering an evacuation of staff, reported Reuters with reference to the company and police.

The fire was later put out, and no injuries were reported, Equinor added.

Output was halted from the facility’s methanol plant and an air separation plant, according to a company spokeswoman

There was no information available regarding the facility’s third plant, a terminal receiving natural gas from the offshore Heidrun field, she added.

As MRC informed before, in March 2018, Norway’s Statoil announced plans to change its name to Equinor, reflecting its commitment to become a broad energy company rather than one focused only on oil
MRC

MOSCOW (MRC) -- Croatian energy group INA plans to invest more than four billion kuna (USD616 million) to modernize its largest refinery but a second, smaller refinery will be converted into an industrial plant, it said, as per Hydrocarbonprocessing.

The investment plan, approved by INA’s management board on Wednesday, is aimed at stemming losses in its refining division, currently running at around one billion kuna a year. INA owns two refineries in Croatia, one in the northern Adriatic port of Rijeka, and a smaller one in the central town of Sisak.

The plan foresees major investment in Rijeka to turn it into a top-level European refinery, INA said in a statement. “Total investments are worth more than 4 billion kuna, which would represent the single largest investment project in the history of the company,” it said.

“The final investment decision is planned for 2019, provided all preconditions assuring return on investment are met,” INA said. The modernized refinery should be ready to operate in 2023. INA’s biggest shareholder is Hungary’s MOL which owns slightly below half, while the Croatian government controls close to 45 percent.

Under the investment plan, the Sisak refinery will be turned into another type of industrial facility. The Sisak site would remain a major employer, but it was necessary to convert it from loss-making crude oil processing to “viable alternative industrial activities,” the statement said.

The new business in Sisak may include bio-component refining and petrochemical production, INA said, adding that it could also involve a modern logistics hub, bitumen, renewables and lubricant production.

Without giving details of possible job losses at Sisak, INA said it was prepared to offer alternative jobs to affected workers and severance payments significantly higher than the Croatian average. Workers at Sisak have repeatedly voiced concerns in recent years about MOL’s alleged plans to shut down the plant, putting pressure on the Croatian government to prevent it.

The company estimated that, if fully implemented, its plans would increase average yearly core profit, or EBITDA, by more than one billion kuna.

MOL and the Croatian government have been at odds for several years about management rights and investment policy at INA. Two years ago, the Zagreb government announced it intended to buy back INA shares from MOL, but little has happened since.

Croatian Prime Minister Andrej Plenkovic recently said that a final decision would depend on the price set by MOL.

In the first nine months of this year, INA’s revenues were 16.23 billion kuna, 21 percent more than in the same period last year. EBITDA amounted to 2.7 billion kuna, roughly the same as in the first nine months of 2017. (USD1 = 6.4948 kuna)
MRC

MOSCOW (MRC) -- INEOS Styrolution, the global leader in styrenics, announces today the final investment decision to construct a new 100kt capacity ASA plant at its site in Bayport, Texas, as per the company's press release.

The new ASA (acrylonitrile styrene acrylate polymer) facility strengthens the INEOS Styrolution position as the only global producer with ASA production capacity in all regions. Upon the start-up, scheduled for 2021, the new facility will unleash additional capacity of ABS polymers at the existing INEOS Styrolution Altamira plant in Mexico.

A contract for engineering, procurement, and construction has been awarded to WorleyParsons, a leading global provider for the chemical industry.

"I am looking forward to offering our customers additional ASA capacity allowing for more flexible production of specialty grades per their growing demand in the Americas. In addition, we will be able to produce more ABS in our existing plant in Mexico also serving the growing ABS market,” explains Alexander Glueck, President Americas.
Kevin McQuade, CEO INEOS Styrolution, comments: “We continue to follow a strong growth path to meet customer needs, particularly in growth markets like the Americas. Our Triple Shift growth strategy continues to serve as an excellent advisor."

INEOS Styrolution is the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 85 years of experience, INEOS Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenic applications for many everyday products across a broad range of industries, including Automotive, Electronics, Household, Construction, Healthcare, Packaging and Toys/ Sports/ Leisure. In 2017, sales were at 5.3 billion euros. INEOS Styrolution employs approximately 3,300 people and operates 18 production sites in nine countries.

MRC

MOSCOW (MRC) -- Wood has been awarded a major contract to deliver engineering, procurement and construction (EPC) services on a reimbursable basis for a world-class plastics manufacturing facility along the US Gulf Coast, as per Hydrocarbonprocessing.

The actual construction of the plant is contingent on receipt of environmental permits.

The five-year contract will see Wood deliver EPC services for key infrastructure to support the plastics facility, including a world-class ethane steam cracker unit, feeding a monoethylene glycol unit and two polyethylene units.

Andrew Stewart, CEO of Wood’s Asset Solutions Americas business, said: "This is a strategic and significant contract to Wood. We have invested significantly in establishing best in class EPC services and in developing our chemicals expertise. This contract serves to underline the return on that investment. We understand the needs of our client on this mega project and are committed to delivering excellence."

The contract, which is already underway, is one of the largest contracts in Wood’s Americas business, and will see around 1100 employees deployed during peak construction. Wood’s project team has already achieved one million safe man hours on the project.

Pending receipt of environmental permits, anticipated work completion is scheduled for late 2021.

As MRC reported earlier, in October 2017, Wood was awarded a new multi-million dollar contract by Total, supporting their Lindsey Oil Refinery located in North Killinghome, Lincolnshire, UK. The 5-yr contract is to provide onshore maintenance services and includes the option to be extended up to 2 yr.
MRC