MOSCOW (MRC) -- Indorama Venture's dormant plant at Sulphur (USA) plans to start up operations again in late August, as per American Press.
The facility, previously owned by OxyChem, is on 250 acres located in Sulphur. Indorama (IVL), which began its work here in 2015, refurbished and expanded the dormant ethane cracker and had been attempting the start-up of operations that would produce 370,000 metric tons of ethylene and 30,000 metric tons of propylene.
Site Director Barre said most of the issues were the result of a byproduct of the process - an oil-like substance, getting into the "wrong places" and fouling up instrumentation. He said the contamination caused the boilers to trip, which in turn caused a loss of steam.
Regulators visited the site in July, and the company worked with them to resolve environmental and permit issues.
As MRC informed earlier, in August 2019, IVL, a global chemical producer, entered into an agreement to acquire Sinterama S.p.A, a leading Global polyester automotive interiors and high performance colored yarns manufacturer. The acquisition comprises five production sites in four countries in Italy, Brazil, China and Bulgaria, the last being a new market for IVL. It has a combined capacity of around 30,000 tonnes/ annum. Europe imports over 275 KT of yarns annually and Sinterama can grow and strengthen its position as local supplier. The company currently employs 889 people.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polyprolypele (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption was 1,081,100 tonnes in the first half of 2019, up by 8% year on year. Deliveries of all PE grades increased. Meanwhile, the estimated consumption of PP in the Russian market totalled 694,210 tonnes in January-June 2019, up by 14% year on year. The supply of propylene block copolymers (PP-block) and propylene homopolymers (PP-homo) increased.
Indorama Ventures Public Company Limited, listed in Thailand, is one of the world's leading petrochemicals producers, a global manufacturing footprint with 59 sites in 20 countries across Africa, Asia, Europe and North America. The company's portfolio is comprises necessities and high value-added (HVA) categories of polymers, fibers, and packaging. Indorama Ventures has approx. 19,000 employees worldwide and consolidated revenue of USD 10.7 billion in 2018. The company is listed in the Dow Jones Sustainability Index (DJSI).
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