London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Shell forms catalyst recycling joint venture

October 10/2019

MOSCOW (MRC) -- AMG Advanced Metallurgical Group N.V. and Shell Catalysts & Technologies have signed an agreement to form a joint venture which will be called Shell & AMG Recycling B.V., reported Hydrocarbonprocessing.

The joint venture will provide a long-term sustainable solution for catalyst reclamation and recycling.

Dr. Heinz C. Schimmelbusch, Chairman & Chief Executive Officer of AMG, said "AMG has developed a world-leading spent-catalyst recycling technology and we are very pleased to be able to form this joint venture and thereby significantly expand and deepen our 17-year relationship with Shell.  With the implementation of the IMO 2020 fuel sulfur regulation we expect significant spent-catalyst volume growth.  The end-to-end option that will be available to oil refineries will represent an outstanding CO2 reduction opportunity."

Andy Gosse, President Shell Catalysts & Technologies said, "These changing regulations and an increased focus on oil to chemicals in our industry have significantly increased the number of residue-upgrading units already in operation, in construction or being planned.  With this opportunity comes the environmental challenge managing the large volume of catalysts that will be required.  Coupled with Shell Catalysts & Technologies existing offering, we will be able to deliver refiners the option of a truly circular solution, turning waste into value, replacing disposal with recycling and reuse, and significantly reducing pollution and emissions."

Refineries will benefit from the combined technical capabilities and integrated resources of Shell & AMG Recycling B.V. by reducing the risk and cost of transporting and disposing of spent catalysts and eliminating the need to landfill.  In addition, they will benefit from the monetization of the valuable metals contained in their waste.

The process employed by Shell & AMG Recycling B.V. extracts critical materials, including vanadium, in the form of ferrovanadium from spent catalysts.  Ferrovanadium is an alloy which increases the strength of steel and is primarily used in infrastructure applications such as rebar or girders.  Through the reclamation of ferrovanadium from spent catalysts, steel manufacturers benefit from a low CO2 alternative compared to sourcing the vanadium through mining.

The joint venture will operate outside of North America and is subject to the necessary regulatory approvals.

As MRC informed before, operations were stable on 13 September at Royal Dutch Shell Plcs 340,000 barrel-per-day (bpd) joint-venture refinery in Deer Park, Texas, after the upper Houston Ship Channel was closed by protesters from Greenpeace USA. The Deer Park refinery is a 50-50 joint-venture between Shell and Mexicos national oil company Petroleos Mexicanos (Pemex). Shell is the managing partner of the joint-venture. Shell has three crackers at Deer Park site with a combined ethylene capacity of 1,67 mln per year and petrochemical plants.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polyprolypele (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,255,800 tonnes in the first seven months of 2019, up by 9% year on year. Shipments of all PE grades increased. At the same time, the estimated PP consumption in the Russian market was 796,120 tonnes in January-July 2019, up by 11% year on year. Shipments of PP block copolymer and homopolymer PP increased.

Royal Dutch Shell plc is an Anglo-Dutch multinational oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the biggest company in the world in terms of revenue and one of the six oil and gas "supermajors". Shell is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading.


mrcplast.com
Author:Margaret Volkova
Tags:North America, PP, PE, PP block copolymer, homopolymer PP, propylene, ethylene, Shell, Russia, USA.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe