SIBUR presents its elastomers at Tire Technology Expo 2019

MOSCOW (MRC) -- SIBUR presented its Elastomer portfolio at the Tire Technology Expo 2019, Europe’s most significant tire manufacturing technological exhibition and conference, said the company.

Europe is a core market for SIBUR Elastomers sales as the company serves its valuable customers with wide range of products, thus, the region accounts for a half of SIBUR’s total elastomers exports.

During the exhibition SIBUR presented its new solution-styrene-butadiene synthetic rubber modification grade SSBR 2560F TDAE and poly-butadiene BRNd HV (High Viscosity) rubber. These grades were developed in joint cooperation with European tire companies aimed to provide sophisticated high-performance tires’ consumer properties currently in demand particularly by the advanced European market. The grades were widely marketed worldwide. These grades cement SIBUR’s position as one of the global leading Elastomers producers.

“The partnership with SIBUR provides European customers a variety of advantages that ensure a stable supply owing to SIBUR feedstock integration and its rich resource base, European high quality standards, a wide range of product portfolio for different applications and industries, JIT delivered from European warehouses, are the most positive experience of long-term relationships”, said Mr. Pavel Rodionov, Elastomers Sales Director of SIBUR’s Plastics, Elastomers and Organic Synthesis division.

Furthermore, corporate R&D centers and customers’ technical support services satisfy all needs of every customer.
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MOSCOW (MRC) -- Mexico will delay the construction of the Dos Bocas refinery and instead funnel the USD2.5 billion earmarked in 2019 for the project into state oil firm Pemex, Arturo Herrera, Mexico’s deputy finance minister, told the financial Times in an interview, reported Reuters.

As MRC informed earlier, this week, Mexican Energy Minister Rocio Nahle said the oil refinery that the new administration seeks to build will cost between USD6 billion and USD8 billion and could be ready in three years.

Pemex, Mexican Petroleum, is a Mexican state-owned petroleum company. Pemex has a total asset worth of USD415.75 billion, and is the world's second largest non-publicly listed company by total market value, and Latin America's second largest enterprise by annual revenue as of 2009. Company produces such polymers, as polyethylene (PE), polypropylene (PP), polystyrene (PS).
MRC

MOSCOW (MRC) -- Total SA has restarted the gasoline-producing unit and shut the gasoline hydrotreater at its 225,500 barrel per day (bpd) Port Arthur, Texas, refinery, reported Reuters with reference to sources familiar with plant operations.

The 76,000 bpd gasoline-producing fluidic catalytic cracking unit (FCCU) was shut on Thursday for repairs, originally expected to take five days to complete.

The 50,000 bpd gasoline hydrotreater is being upgraded during the shutdown, the sources said.

As MRC wrote previously, in December 2017, Total inaugurated the new units at its Antwerp integrated refining & petrochemicals platform, which had progressively started up in the previous few months.

Total S.A. is a French multinational oil and gas company and one of the six "Supermajor" oil companies in the world with business in Europe, the United States, the Middle East and Asia. The company's petrochemical products cover two main groups: base chemicals and the consumer polymers (polyethylene, polypropylene and polystyrene) that are derived from them.
MRC

MOSCOW (MRC) -- DowDuPont announced two additional members of the future board of directors of Corteva Agriscience, Agriculture Division of DowDuPont, said the company.

They are Dr. Klaus Engel, former CEO of Evonik Industries, and Rebecca Liebert, who recently became senior vice president, automotive coatings at PPG after more than a decade in leadership roles at Honeywell International. With these additions, Corteva Agriscience has 11 members on its future Board.

Greg Page, non-executive chairman-elect of Corteva Agriscience and retired chairman and CEO of Cargill Inc., said, "Continuing to build a highly qualified board, with the right mix of diverse perspectives and experience, is a critical priority as we work with Corteva Agriscience’s leadership to position it to drive sustainable growth as a global leader in agriculture. With the deep expertise in science-based innovation and effective leadership of complex global businesses that Klaus Engel and Rebecca Liebert bring, our Board is even stronger and better positioned to work with management to oversee the successful execution of Corteva Agriscience’s strategy and deliver value for shareholders now and into the future."

"We’re delighted Klaus Engel and Rebecca Liebert are joining the future Corteva board,” said Jim Collins, Chief Executive Officer-elect of Corteva Agriscience. “Their strong backgrounds speak for themselves regarding their ability to advise management as we prepare to launch this pure-play agriculture company with its unique route to market and industry-leading new product pipeline."

DowDuPont remains on track to separate the Materials Science Division (Dow) on April 1, 2019, and the Agriculture (Corteva Agriscience) and Specialty Products (DuPont) Divisions on June 1, 2019.

In addition to Mr. Page, Dr. Engel and Ms. Liebert, Corteva Agriscience’s future Board of Directors includes: Jim Collins, COO of the Agriculture Division of DowDuPont and CEO-elect of Corteva Agriscience; Edward D. Breen, CEO of DowDuPont; Lamberto Andreotti, former Chairman and CEO of Bristol-Myers Squibb; Robert A. Brown, President of Boston University; Michael O. Johanns, retired U.S. Senator and former U.S. Secretary of Agriculture; Lois D. Juliber, former Vice Chairman of Colgate-Palmolive Company; Lee M. Thomas, former Chairman and CEO of Rayonier Inc.; and Patrick J. Ward, CFO of Cummins Inc.
MRC

MOSCOW (MRC) -- Taiyo Nippon Sanso Corp. (TNSC), through its wholly-owned Matheson Tri-Gas subsidiary, has finalized the acquisition of a portion of Linde Gas North America's (Linde America) HyCO business and related assets in the US for about USD413-million, as per Apic-online.

The HyCO business provides large-scale supply of hydrogen and carbon monoxide to petrochemical and oil refining customers via pipeline. It has eight plants in five locations in the US.

Linde America's sale of the HyCO business was one of the conditions of the U.S. Federal Trade Commission's approval of Linde's recent merger with Praxair.

TNSC is a consolidated subsidiary of Mitsubishi Chemical Holdings Corp.

As MRC reported before, in December 2017, Ube Industries, JSR Corp. and Mitsubishi Chemical Corp. (MCC) received European Commission (EC) approval for the planned integration of their acrylonitrile butadiene styrene (ABS) subsidiaries.
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