PP imports to Ukraine remained at the level of last year in January-September 2020

MOSCOW (MRC) -- Ukraine's polypropylene (PP) imports totalled about 101,200 tonnes in 2019, which practically corresponded to the same figure last year. External supplies of all types of propylene polymers, except for PP random copolymers, have decreased, according to a MRC's DataScope report.

September PP imports into the country fell to 12,500 tonnes from 13,300 tonnes a month earlier, the decrease in demand led to a decrease in the volume of purchases of homopolymer PP. Overall imports of propylene polymers reached 101,200 tonnes in January-September 2020, compared to 101,500 tonnes a year earlier. Demand for all types of propylene polymers decreased slightly, but demand for PP random copolymers increased.

The structure of PP imports by grades looked the following way over the stated period.

September imports of homopolymer PP to the Ukrainian market decreased to about 9,000 tonnes from 9,200 tonnes a month earlier, local companies suspended their purchasing of PP in Azerbaijan and Turkmenistan. Total homopolymer PP imports were 77,300 tonnes in January-September, compared to 77,900 tonnes a year earlier.

September imports of PP block copolymers was about 1,700 tonnes, which actually equal to the level in August. Over the reporting period, about 10,400 tonnes of propylene block copolymers were imported against 10,600 tonnes for the same period in 2019.

September PP random copolymers imports decreased to 1,600 tonnes from 1,900 tonnes a month earlier, local companies decreased their purchasing of injection moulding PP random copolymers. Overall PP random copolymers imports reached 11,800 tonnes in January-September 2020, compared to 11,600 tonnes a year earlier.

Overall imports of other propylene copolymers totalled about 1,700 tonnes over the stated period.

MRC

MOSCOW (MRC) -- Arlanxeo is selling its Canadian olefins business, which produces butadiene and raffinate in Sarnia, Ontario, to Mitsubishi Corp. for an undisclosed sum. Arlanxeo expects the deal to close in the first half of 2021, said Chemweek.

Mitsubishi Corp. intends to continue operations in Sarnia and to retain the associated employees. Arlanxeo, a producer of synthetic rubber, will continue to produce butyl rubber at Sarnia.

Arlanxeo has 120,000 metric tons/year of butadiene capacity and 150,000 metric tons/year of butyl rubber capacity at Sarnia. The company is a wholly-owned subsidiary of Saudi Aramco.

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

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,496,500 tonnes in the first eight months of 2020, up by 5% year on year. Shipments of all ethylene polymers increased, except for linear low desnity polyethylene (LLDPE). At the same time, PP shipments to the Russian market reached 767,2900 tonnes in the eight months of 2020 (calculated using the formula - production minus exports plus imports - and not counting producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.
MRC

MOSCOW (MRC) -- Lummus Technology and New Hope Technologies announced that the companies have entered into a cooperation agreement for the marketing and further development of a leading plastic waste conversion technology based on thermal pyrolysis, according to Hydrocarbonprocessing.

The agreement is part of Green Circle, Lummus’ new business entity formed to place the company at the forefront of the circular economy and energy transition.

“This partnership, between Lummus and New Hope, will help reduce plastic waste through integrated processing solutions for turning end-of-life plastics into pyrolysis oil,” said Leon de Bruyn, president and CEO of Lummus Technology. “Lummus has a long history of successful partnerships to commercialize newer, better technologies, and we are grateful for this collaboration with New Hope. We will leverage the extensive expertise, innovation and technology of both companies.”

“New Hope is excited to partner with Lummus to create industrial scale waste plastic to circular chemicals plants to address the over one million tons of plastic impacting the environment daily,” according to Johnny Combs, CEO of New Hope. “New Hope and Lummus intend to be the largest supplier of plastic waste to renewable circular product solutions in the world, helping to support the commitments of the major brands and producers.”

New Hope has over 10 years experience in plastic waste conversion, and its plant in Tyler, Texas, has units that have been in operation for over 5 years. It is one of the largest facilities in the Western Hemisphere, having a design capacity of 150 tons per day (50,000 tons per year). Through a proprietary feedstock preparation and reactor section design, the technology allows for an optimized investment cost and thus higher returns for converting plastic waste. The technology is robust and forgiving to variations in plastic waste feedstock and contaminants.

Under the terms of the agreement, Lummus’ Green Circle LLC will be the exclusive licensing party for this technology and will be responsible for providing studies, basic engineering, technical services, and proprietary equipment as part of the technology transfer package. Green Circle is a business entity recently established by Lummus to offer sustainable solutions including: converting plastic waste to value-added products; production of chemicals and fuels from biomass; and decarbonization of refinery and petrochemical assets.

As MRC reported earlier, Lummus Technology has just announced that it has been awarded a contract by Enter Engineering Pte. Ltd. for the Shurtan Gas Chemical Complex in Uzbekistan. Lummus’ scope includes the design and supply of four proprietary Short Residence Time VI and VII type cracking furnaces, which will more than double the production of ethylene at Shurtan’s facility. Lummus was selected due to its leading ethylene technology position and its extensive experience with ethylene furnaces, having developed pyrolysis furnaces as part of its proprietary equipment portfolio.

Ethylene is the main feedstock for the production of polyethylene (PE).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,496,500 tonnes in the first eight months of 2020, up by 5% year on year. Shipments of all ethylene polymers increased, except for linear low desnity polyethylene (LLDPE).
MRC

MOSCOW (MRC) - Less than a third of US Gulf offshore crude oil production remains shut following Hurricane Delta, reported Reuters with reference to the US Bureau of Safety and Environmental Enforcement's (BSEE) statement.

Shut crude oil production is 31% or, 568,505 barrels per day (bpd), as of midday Wednesday, BSEE said. Also, 18% of natural gas output, or 486.3 million cubic feet per day (mmcfd), remains shut.

On Tuesday, shut crude oil production was 44%, or 805,965 bpd. And, 30% of natural gas output, or 809 million cubic feet per day (mmcfd), remained shut, according to BSEE.

Between Oct. 6 and Wednesday, a cumulative total of 11.5 million barrels of crude oil production and 10.9 billion cubic feet of natural gas output from the Gulf has been shut because of Hurricane Delta.

As MRC informed earlier, Hurricane Delta appears to have wreaked minimal damage to chemical facilities in Lake Charles, Louisiana, just six weeks after Hurricane Laura blew through the region, severely damaging major electricity transmission lines that left facilities offline for weeks.

Thus, Westlake Chemical said in a statement on Oct. 12 that initial assessments after Delta's Oct. 9 landfall showed "very limited physical damage" to its Lake Charles complex, and facilities were "in the process of restarting."
The timing of those restarts depends on restoration of electrical power, industrial gases and other feedstocks and utilities, the company said.

Sasol said Oct. 12 that its Lake Charles complex "did not experience significant damage" and that sufficient industrial-level power had been restored to resume startups of some facilities." Additional plants will startup once full load power is restored," the company said in a statement.

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

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,496,500 tonnes in the first eight months of 2020, up by 5% year on year. Shipments of all ethylene polymers increased, except for linear low desnity polyethylene (LLDPE). At the same time, PP shipments to the Russian market reached 767,2900 tonnes in the eight months of 2020 (calculated using the formula - production minus exports plus imports - and not counting producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.
MRC

MOSCOW (MRC) -- Baker Botts L.L.P., a leading international technology and energy law firm, has launched a dedicated Carbon Capture, Utilization and Storage Practice Group within the firm’s Energy sector, said Chemweek.

Today’s launch comes on the heels of the firm’s Global Hydrogen Practice Group launch in June this year, which has seen significant interest from clients and the energy markets, even during the difficult COVID working environment. Carbon capture, utilization and storage, or CCUS, projects and technologies will play a critical role in the energy transition by ensuring that the world’s growing energy demand continues to be met whilst at the same time working towards achieving ever more aggressive global climate and emissions targets. CCUS will also be essential in the development of the global hydrogen economy, as “blue” hydrogen production (hydrogen produced from natural gas combined with CCUS to capture the CO2 produced) will be critical to the widespread availability of low-carbon hydrogen supplies that can be combined with virtually no-carbon “green” hydrogen production (hydrogen produced by electrolysis using renewable power) to fuel a global shift towards hydrogen. Baker Botts’ CCUS and Hydrogen offering ensures that the firm’s energy transition practices continue to keep pace with the changing global economy.

“With our market-leading energy practice and proven experience in the technology sector, the formation of this new multidisciplinary practice group is a natural step for the firm to be at the forefront of supporting the development of CCUS and hydrogen projects and technologies that will support both energy transition goals and traditional oil & gas businesses,” said Jason Bennett, Firmwide chair of Baker Botts’ Global Projects department.

As the global economy searches for ways to decarbonize sectors of the economy beyond what renewable energy alone can accomplish, low-carbon hydrogen and ammonia produced from such hydrogen, have emerged as promising sources and carriers of energy that will support that decarbonization. The strong interest in developing a ‘hydrogen economy’ is being driven by demand initiatives and targets set by the European Union and by countries such as the U.K., Japan, and South Korea, where national programs have been developed as part of an overall decarbonization plan.

“With heightened interest in reducing the carbon intensity of energy supplies, hydrogen and CCUS have emerged as critical contributors for providing that low-carbon energy to power industries and sectors that would otherwise be impractical to decarbonize,” added Bennett.

Co-headed by Washington, D.C.-based Global Projects partner Tom Holmberg and London-based Global Projects partner, Rob Butler, the CCUS and Hydrogen practices are full-service offerings for clients that build on the work already done by Baker Botts lawyers in this area.

“Hydrogen end-use markets are set to expand rapidly, and that growth will require swift development of large-scale hydrogen, renewable energy, and CCUS projects, equipment, facilities, and related technology, all of which are within the firm’s Energy Sector core practices,” commented partner Tom Holmberg.

Baker Botts has broad experience on both CCUS and hydrogen matters, having advised on both pre- and post-combustion CCUS projects, and the firm is currently advising on the proposed development and financing of a multibillion-dollar green hydrogen project in the Middle East. Baker Botts has advised on the negotiation and drafting of contracts for Toyota Motor North America to facilitate development of hydrogen fueling stations, and the firm is currently advising AME E-nnovations, a subsidiary of Andes Mining and Energy, on fuel offtake arrangements for their Highly Innovative Fuels (HIF) hydrogen projects. Each HIF project will use renewable power to create green hydrogen, which will be combined with carbon dioxide to produce e-fuels like e-gasoline.

“We have been moving quickly to engage with clients via a collaboration program that will provide for ongoing association in developing their hydrogen businesses. Clients have been receptive to our approach, as they also see the opportunities for hydrogen and carbon capture storage in the evolving energy market,” Holmberg added.

“Close collaboration with the firm’s producer, consumer, and technology clients will drive the firm to a leadership position among law firms in the energy transition industry, similar to the position we hold in LNG, and will ensure that clients and potential clients consider Baker Botts to be the default choice for the industry,” said partner Rob Butler.

The CCUS and Hydrogen practices include lawyers from the firm’s project development and finance, environmental, corporate, capital markets, private equity, tax, IP, technology and disputes practices. They include lawyers from the London, Brussels and U.S. offices, and the overall offering will be expanded to cover the firm’s entire footprint.

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

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,496,500 tonnes in the first eight months of 2020, up by 5% year on year. Shipments of all ethylene polymers increased, except for linear low desnity polyethylene (LLDPE). At the same time, PP shipments to the Russian market reached 767,2900 tonnes in the eight months of 2020 (calculated using the formula - production minus exports plus imports - and not counting producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.

MRC