Clariant and China National Congress on Catalysis solidify partnership to support catalytic research

Clariant and China National Congress on Catalysis solidify partnership to support catalytic research

MOSCOW (MRC) -- Clariant and China’s National Congress on Catalysis solidify partnership to support catalytic research, said the company.

As this year’s 20th National Congress on Catalysis of China (NCC) gets underway in Wuhan, Clariant has presented the 8th National Catalysis Achievement Award for outstanding R&D achievement in the field to Youchang Xie, Professor of Physical Chemistry at Beijing’s Peking University.

A key theme of the Congress this yr is catalytic science and technology for a green, low-carbon future. Professor Xie, who is also vice chairman of the Academic Committee of the State Key National Laboratory of Catalysis, is internationally recognized as playing an important role in the research and development of catalysts and adsorbents.

"Highly effective carbon monoxide adsorbents and separation technologies, based on his theory, have made China’s coal-based and broader chemical industries more environmentally friendly and resource-efficient,” said Marvin Estenfelder, Head of R&D at Clariant Catalysts. “As a key industry innovator and driver of sustainable chemical production, we are proud to recognize Professor Xie’s distinguished contributions to the field."

“I’m proud to receive this award as I have dedicated my professional life to chemical research and teaching, with a focus on catalysis. As sustainability becomes more important I am pleased to see innovations that drive greener production processes being implemented in the industry and I would like to thank the Catalysis Society of China and Clariant for presenting and supporting this prize,” said Xie.

Research will play an increasingly important role in the transition to carbon neutrality and Clariant’s sponsorship of this important award for three installments of the Congress – 2021, 2023, 2025 – builds on its existing research co-operations with top universities in China. Clariant Catalysts also recently opened a new, state-of-the-art R&D center, “One Clariant Campus”, in Shanghai, where a local team of researchers is dedicated to sustainable innovation.

All these initiatives support Clariant’s commitment to helping customers reach their sustainability targets by continually working to improve the efficiency of existing production processes in the chemical industry with novel approaches such as Power-to-X.

As MRC informed before, in October 2020, Clariant (Muttenz, Switzerland) announced the construction of a new state-of-the-art catalyst production site in China. This project represents a significant investment which further strengthens Clariant’s position in China and enhances its ability to support its customers in the country’s thriving petrochemicals industry.

The new facility will be primarily responsible for producing the Catofin catalyst for propane dehydrogenation, which is used in the production of olefins such as propylene. Thanks to its excellent reliability and productivity, Catofin delivers superior annual production output compared to alternative technologies, resulting in increased overall profitability for propylene producers, says the company. Construction at the Dushan Port Economic Development Zone in Jiaxing, Zhejiang Province was scheduled to commence in Q3 2020, and Clariant expects to be at full production capacity by 2022.

Propylene is the main feedstocks for the production of polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PET consumption totalled 411,200 tonnes in the first six month of 2021, up by 12% year on year. Russian companies processed 62,910 tonnes in June, compared to 85,890 tonnes a month earlier.
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Milliken acquires Encapsys LLC

Milliken acquires Encapsys LLC

MOSCOW (MRC) -- Milliken has acquired microencapsulation firm Encapsys from the Cypress Performance Group, the US specialty chemicals company announced in its press-release.

Encapsys makes technology to produce a polymeric shell around a core material at micron level to create capsules, used in applications across industries to improve sustainability of active materials.

Wisconsin-based Encapsys will be integrated into Milliken without interrupting services, including relationships with existing suppliers and customers.

“Encapsys brings a unique combination of innovation, science and technology to the Milliken team,” adds Cindy Boiter, executive vice president and president of Milliken’s Chemical Business. “Enhancing our portfolio of specialty chemicals with global reach, this acquisition will accelerate sustainable solutions for the markets and customers we serve.”

As Encapsys integrates into Milliken, daily operations will continue without interruption, including relationships with existing suppliers and customers. Headquartered in Appleton, Wis., Encapsys is a leader in microencapsulation technologies, which put a uniform polymeric shell around a core material at the micron level to create capsules. Microencapsulation has applications across industries and helps companies achieve more sustainable products by advancing responsible consumption and efficient delivery of active materials.

We also remind that at Hispack 2018 trade fair in Spain, Milliken Chemical showcased containers of NX UltraClear polypropylene (PP) made using its Millad NX 8000 clarifier, and highlighted why that material is the preferred solution for packaging.

According to MRC's ScanPlast report, PP shipments to the Russian market were 841,990 tonnes in the first seven months of 2021, up by 29% year on year. Supply of propylene homopolymers (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of statistical copolymers of propylene (PP random copolymers) subsided.

Milliken is an innovation company that has been exploring, discovering, and creating ways to enhance people’s lives since 1865. The company creates coatings, specialty chemicals, and advanced additive and colorant technologies that transform the way we experience products from automotive plastics to children's art supplies.
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COVID-19 - News digest as of 19.10.2021

1. Asia Distillates-Jet margins drop but still near multi-month highs

MOSCOW (MRC) -- Asia's jet fuel refining margins slipped to USD13.42 a barrel on Friday, but were just 8 cents shy of a near two-year high reached in the previous week, reported Reuters with reference to Refinitiv data in Eikon. This came as oil prices hit a fresh three-year high on Friday, climbing above USD85 a barrel on forecasts of a supply deficit over the next few months as rocketing gas and coal prices stoke a switch to oil products. Asian refining margins for jet fuel have climbed in October to their highest levels since January 2020 as air travel demand recovers in Asia, according to analysts and Refinitiv data. Asia-Pacific nations, home to some of the world's strictest pandemic-related travel rules, are gradually easing border restrictions resulting in a surge in flight bookings and travel enquiries.



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Crude oil futures roll back from multi-year highs on reports suggesting that global economic recovery was slowing down

Crude oil futures roll back from multi-year highs on reports suggesting that global economic recovery was slowing down

MOSCOW (MRC) -- Crude oil futures retreated further from multi-year highs in mid-morning trade in Asia Oct. 19 after a mixed overnight session, with sentiment bruised by a slew of reports suggesting that the global economic recovery was slowing down, reported S&P Global.

At 10:30 am Singapore time (0230 GMT), the ICE December Brent futures contract was down 4 cents/b (0.05%) from the previous close at USD84.29/b, while the NYMEX November light sweet crude contract fell 5 cents/b (0.06%) at USD82.39/b.

Investor confidence took a hit overnight after data showed US industrial production fell by 1.3% on the month in September, much weaker than the expected 0.1% rise. In addition, China's economy grew by a relatively paltry 4.9% in the third quarter from a year earlier, down from a 7.9% growth in the second quarter.

The weak economic data contributed to both contracts pulling back overnight from multi-year highs to end the day mixed. The front-month ICE Brent contract settled lower by 53 cents/b from a three-year high reached earlier in the session, while the front-month NYMEX crude contract settled up 16 cents/b, retreating from a seven-year high intra-day.

"The US industrial/manufacturing slowdown in September was a lot greater than anyone anticipated. Higher commodity prices, prolonged shutdowns in activity due to hurricane season, and the global chip shortage are having a greater impact on the economy," said OANDA Senior Market Analyst Edward Moya.

"This weakness has continued in early morning trading today. A fall in US industrial production in September would have not helped sentiment, along with weaker GDP numbers from China," said ING analysts Warren Patterson and Wenyu Yao in a note.

While most analysts believe the near-term outlook for crude prices remains bullish, there are signs US production is beginning to ramp up as producers respond to the quick run-up in prices over 2021.

As MRC informed before, US commercial crude stocks fell 3.48 million barrels to 413.96 million barrels in the week ended Sept. 17, to more than 8% below the five-year average, Energy Information Administration data showed. Stocks were last lower Oct. 5, 2018.

We remind that in late August, 2021, US crude stocks dropped sharply while petroleum products supplied by refiners hit an all-time record despite the rise in coronavirus cases nationwide, the Energy Information Administration said. Crude inventories fell by 7.2 million barrels in the week to Aug. 27 to 425.4 million barrels, compared with analysts' expectations in a Reuters poll for a 3.1 million-barrel drop. Product supplied by refineries, a measure of demand, rose to 22.8 million barrels per day in the most recent week. That's a one-week record, and signals strength in consumption for diesel, gasoline and other fuels by consumers and exporters.

We also remind that US crude oil production is expected to fall by 160,000 barrels per day (bpd) in 2021 to 11.12 million bpd, the US Energy Information Administration (EIA) said in a monthly report, a smaller decline than its previous forecast for a drop of 210,000 bpd.
MRC

Nayara Energy hopes to operate its refinery in Western India at full rates in 2021

Nayara Energy hopes to operate its refinery in Western India at full rates in 2021

MOSCOW (MRC) -- India's Nayara Energy hopes to operate its 400,000 barrels per day (bpd) refinery in western India at close to 100% capacity in 2021 as fuel demand is picking up, according to Hydrocarbonprocessing with reference to Chief Executive Alois Virag's statement at APPEC 2021 conference.

Nayara, part owned by Russian oil major Rosneft, cut rates at its Vadinar refinery in Gujarat state last year.

India's fuel demand is likely to rise by 9%-11% as the economy in India is "steered towards higher growth" after the easing of the second wave of COVID-19, he said.

As MRC reported earlier, PKN Orlen (Plock, Poland), the country’s largest petrochemicals producer, will receive 3.6 million tons of crude oil per year from Russia’s Rosneft under a new two-year supply contract signed in March, 2021. Rosneft suspended oil deliveries to Poland in February after failing to agree on new contract terms with PKN Orlen when the previous agreement expired on January 31. The previous deal had envisaged deliveries of 5.4 million to 6.6 million tons a year.

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 1,396,960 tonnes in January-July 2021, up by 7% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 841,990 tonnes in the first seven months of 2021, up by 29% year on year. Supply of propylene homopolymers (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of statistical copolymers of propylene (PP random copolymers) subsided.
MRC