MOSCOW (MRC) -- Saipem (Milan), leading a consortium that also includes Petrojet (Cairo), has been awarded a contract by Egyptian Ethylene & Derivatives Co. (Ethydco) for Egypt’s first polybutadiene rubber (PBR) production facility, according to Chemweek.
The plant, to be built at Alexandria, will be designed to produce 36,000 metric tons/year and use the Versalis process.
Saipem and Petrojet will be jointly responsible for detailed engineering design, procurement and supply of equipment and materials, construction, precommissioning, commissioning up to start-up, and performance testing. The overall value of the contract is for approximately USD150 million.
Ethydco operates a Lummus-process steam cracker designed to produce 460,000 metric tons/year of ethylene; two Univation Technologies–process polyethylene units, each designed for 200,000 metric tons/year; and a 20,000-metric tons/year Lummus-process butadiene unit.
We remind that as MRC reported earlier, in May 2019, Italian oil services company Saipem signed a Preliminary Agreement with JSC GazpromNeft Moscow Refinery and an EPC Contract with Infrastructure Development and Construction (IDC) for an aggregate value of around 500 million Euro. The Preliminary Agreement in Russia covers the execution on an EPC basis of a new "Sulphur Recovery Unit" (SRU) inside the existing Moscow refinery. The signature of the final EPC Contract is expected to take place by the end of the Second Quarter 2019 on the basis of the main terms and conditions agreed between the parties as an integral part of the same agreement. The EPC contract in Serbia encompasses the design and construction of about 150 kilometers of gas pipeline and the engineering of the relevant compressor station.
Butadiene is the main feedstock for the production of acrylonitrile-butadiene-styrene (ABS).
According to MRC's DataScope report, overall ABS imports to the Russian market increased in the first two months of 2020 by 8% year on year to 4,800 tonnes. This figure was at 4,500 tonnes in January-February 2019. February imports of material into the Russian Federation rose by 48% year on year to 2,500 tonnes from 2,700 tonnes a year earlier. Imports were 2,300 tonnes in January 2020.
MRC