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