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MOSCOW (MRC) -- Linde has signed an
agreement with BorsodChem (Kazincbarcika, Hungary) for the long-term supply of
nitrogen, oxygen, and compressed air to BorsodChem’s chemical complex in
Kazincbarcika, including the construction of a new air separation unit (ASU),
said Chemweek.
The
company will build one of the largest ASUs in Hungary as part of the supply
deal, with the unit expected to be completed by the end of 2021, Linde says. “In
addition to supporting BorsodChem’s expansion, the plant will provide additional
nitrogen, oxygen, and compressed air to meet the increasing demand for
industrial gases in Hungary and surrounding countries,” it says.
The
building of new capacity in Hungary will give Linde the opportunity to broaden
its supply of industrial gases to other regional customers “in response to
increasing demand from resilient end markets,” says Linde’s Andreas Muller, head
of its Hungary and Austria business.
As per MRC, BorsodChem
(Kazincbarcika, Hungary) is planning to
start production at its new 200,000-metric ton/year aniline plant in
Kazincbarcika during the third quarter of 2021. The facility in northern
Hungary has received around EUR45 million (USD53 million) in state subsidies
from the Hungarian government, which were approved by the European Commission in
2018. Production was initially scheduled to start in the second quarter of next
year, but progress has been delayed due to COVID-19 and other “unforeseen
issues,” according to market sources.
According to MRC's DataScope report, last
month's SPVC imports to Russia dropped to 0,600 tonnes from 1,600 tonnes in
November. High PVC prices in foreign markets and a seasonal decline in demand in
the last two months have put serious pressure on import purchases of PVC from
Russian companies. Thus, overall imports were 40,800 tonnes in January-December
2020, compared to 50,900 tonnes a year earlier, with PVC from China and the
United States accounting for the main reduction in imports. PVC shipments from
these countries decreased by almost a third over the stated
period.
Wanhua-BorsodChem is a Hungarian chemical raw material
manufacturing company headquartered in Kazincbarcika, Northern Hungary. It is
the European member of the Wanhua Chemical Group. The company specializes in
isocyanates (MDI, TDI), PVC and chlor-alkali (vinyl) businesses.[1] The main
production site is located in Kazincbarcika, Hungary but the production is also
supported by other European production capacities located in Ostrava, the Czech
Republic and Kedzierzyn-Kozle, Poland. Several branch offices are available in
Hungary, Belgium, the Czech Republic, Croatia, Italy and Poland. |
