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Haldor Topsoe, Yanchang to build methanol catalyst facility in China

July 29/2021

MOSCOW (MRC) -- Haldor Topsoe and Shaanxi Yanchang Petroleum Group Co., Ltd. (Yanchang) formed a joint venture with the aim of delivering locally produced MK-151+ methanol synthesis catalysts to the Chinese market, said the  company.

The joint venture will secure fast delivery to local customers, who demand high-performance catalysts for energy-efficient methanol production. Together, the two companies will build a production facility in Shaanxi Fupin in China to produce methanol synthesis catalysts.

Topsoe and Yanchang have designed the plant and ordered long lead time equipment and therefore plan on starting up beginning of 2022. The joint venture will produce methanol synthesis catalysts for the Chinese market.

"Yanchang is well-positioned in the oil and gas value chain and a very experienced methanol producer. With this joint venture we combine Topsoes world-leading methanol catalyst technology and Yanchangs outstanding production capabilities to produce our high-performance methanol synthesis catalysts that Topsoe will sell directly to our Chinese customers, enhancing our presence in the Chinese market, says Amy Hebert, Chief Commercial Officer at Topsoe.

Forming of the joint venture and building of the catalysts facility will be the first step of a long-term strategic cooperation between Topsoe and Yanchang. Kaijia Yu from Topsoe has been appointed General Manager of the joint venture.

As per MRC, Haldor Topsoe will build a 15,000-tpy hydroprocessing catalyst plant at the companys existing Bayport production site in Pasadena, Harris County, Texas. The plant will increase production capacity of Topsoes TK catalyst family to meet increasing demand, both in traditional refining and for use with Topsoes HydroFlex technology for production of renewable diesel and jet fuel. The plant is expected to be fully operational in the first half of 2023.

In 2019, Nizhnekamskneftekhim (NKNKH, part of the TAIF Group) and Haldor Topsoe signed a memorandum of intent to implement a methanol production project.

Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 953,400 tonnes in the first five months of 2021, which virtually corresponded to the same figure a year earlier. High density polyethylene (HDPE) shipments decreased. At the same time, PP shipments to the Russian market were 607,8900 tonnes in January-May 2021, up by 33% year on year. Shipments of homopolymer PP and PP block copolymers increased, whereas deliveries of PP random copolymers decreased.


mrcplast.com
Author:Anna Larionova
Tags:PP, PE, Shaanxi Yanchang Petroleum Group, China, Nizhnekamskneftekhim.
Category:General News
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