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L&T arm signs MoU with NTPC to build CO2-to-methanol demonstration plant

August 26/2020

MOSCOW (MRC) -- L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed a Memorandum of Understanding (MoU) with NTPC to build a CO2-to-methanol demonstration plant in an NTPC power station, according to The Hindu Business Line.

LTHE will be the engineering, procurement and construction (EPC) partner to build a plant that will comprise three sub-units, namely CO2 capture from Flue Gas, H2 production by electrolysis of water, and catalytic conversion of CO2 & H2 to methanol, the company said.

Subramanian Sarma, Whole-Time Director and Senior Executive Vice President (Energy), said: This development towards establishing CO2 to methanol plant is an important step towards Indias commitment to combat climate change. LTHE, together with NTPC, will leverage its vast experience in engineering, construction and project management to successfully deliver this demonstration project.

As per this MOU, LTHE and NTPC will further collaborate to accelerate the development and subsequently commercialise CO2 to methanol plants. In Q1 FY21, the hydrocarbon segment bagged orders worth 1,220 crore, a decline of 64 per cent year-on-year. The total order book of the segment stood at ?42,094 crore, with the international order book constituting 49 per cent of the total order book.

As MRC informed before, Sinopec Zhongyuan Petrochemical, part of Sinopec Group, has taken off-stream its methanol-to-olefins (MTO) plant. The company halted operations at the plant on July 24, 2020 for a maintenance turnaround. The plant is likely to remain off-line till early-November, 2020. Located at Henan in China, the MTO plant has an ethylene and propylene capacity of 100,000 mt/year each.

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

According to MRC's DataScope report, PE imports to Russia dropped in January-June 2020 by 7% year on year to 328,000 tonnes. High density polyethylene (HDPE) accounted for the main decrease in imports. At the same time, PP imports into Russia rose in the first six months of 2020 by 21% year on year to 105,300 tonnes. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, homopolymer PP, propylene, HDPE, ethylene, gas processing, petrochemistry, Sinopec, India, China, Russia.
Category:General News
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