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MOSCOW (MRC) -- Clariant’s CATOFIN
catalysts have been selected by Advanced Global Investment Co. (AGIC), a joint
venture between Advanced Petrochemical Company (APC) and SK Group, to build a
PDH facility in the Middle East, according to Hydrocarbonprocessing.
Clariant’s CATOFIN catalysts were selected due to the excellent
performance and reliability of APC’s existing propylene plant in Saudi
Arabia.
The plant will operate using McDermott’s Lummus Technology
process together with Clariant’s CATOFIN catalysts to deliver over 840 kilotons
of propylene annually. Since 2017, CATOFIN technology has won 21 new PDH awards
globally, representing more than 15 million metric tons of
propylene.
Stefan Heuser, Senior Vice President & General Manager at
Clariant Catalysts, commented, “We are honored to have gained our customers’
trust over the past several years, now leading to a third award. A facility of
such dimensions requires not only technology with the highest performance, but
also the most capable suppliers. We look forward to delivering maximum value to
our customer together with Lummus Technology, our valued process and technology
partner.”
CATOFIN technology is a highly reliable and productive method
for light paraffin dehydrogenation. The process operates at thermodynamically
advantaged reactor pressure and temperature to maximize conversion of propane to
propylene, while reducing investment and operating costs. Thanks to its
extraordinarily high reliability and productivity, CATOFIN delivers excellent
production output annually compared to alternative technologies.
As MRC
wrote before,
in March 2020, Sabic announced that it has purchased additional shares in
Clariant, increasing its holding in the company from 24.99% to 31.5%. The move
is part of Sabic’s growth strategy to achieve a leadership position among global
peers in specialties and increase this segment’s contribution to Sabic.
Completion of the transaction is subject to regulatory
approvals.
Propylene is the main feedstock for the
production of polypropylene (PP).
According to MRC's ScanPlast report,
PP shipments to the Russian market was 267,630 tonnes in January-March 2020,
down 20% year on year. Homopolymer PP and PP block copolymers accounted for the
main decrease in imports.
Clariant AG is a Swiss chemical company and a
world leader in the production of specialty chemicals for the textile, printing,
mining and metallurgical industries. It is engaged in processing crude oil
products in pigments, plastics and paints. |
