Jiangyin Xingjia New Material selects EXERGY for its waste heat recovery project

Jiangyin Xingjia New Material selects EXERGY for its waste heat recovery project

MOSCOW (MRC) -- EXERGY, a leading provider of new-generation organic rankine cycle power plants, has been awarded - through its parent company Nanjing TICA Thermal Technology - a new contract for the development of a 5.8 MWe waste heat recovery project in China. The final customer is Jiangyin Xingjia New Material Co., a company engaged in the chemical industry, manufacturing purified terephthalic acid (PTA), polyester fiber, polyester film, synthetic resin, according to Hydrocarbonprocessing.

EXERGY’s contract includes the engineering and supply of two ORC units, 2.9 MWe each, that will be part of the new customer’s investment in a greenfield polyethylene terephthalate (PET) production facility located in Jiangyin, in the Jiangsu Province.

The waste heat recovery system will exploit the exhausted low-pressure steam, generated from the PET manufacturing process, to feed an efficient ORC cycle utilizing the radial outflow turbine technology and a non-flammable refrigerant as working fluid. The project will be completed by the end of 2022 and once in operation it will produce a total of 5.8 MW of clean electricity and help save the emission of approximately 17,000 tons of CO2 and the consumption of 8,500 tpy.

We remind that, as MRC reported before, on 21 January 2021, Fujian Baihong Petrochemical started up its new PTA line at Jinjiang, China. The new line with the capacity of2.5 million mt/year of PTA was running at half of its capacity after the start-up.

We also remind that Hengli Petrochemical (Dalian) Co. Ltd. is expected to lead the global planned and announced PTA capacity additions during the period 2019 to 2023, contributing around 22% of the global growth by 2023. Hengli Petrochemical (Dalian) Co. Ltd. is expected to add a capacity of 5.00 million tonnes per annum (mtpa) from two planned projects by 2023.

PTA is used to produce PET, which is used in the manufacturing of plastic bottles, films, packaging containers, in the textile and food industries.

According to MRC's ScanPlast report, the estimated PET consumption in Russia increased to 56,960 tonnes in September 2021, up by 10% year on year. Russia's overall PET consumption reached 592,560 tonnes in the nine months of 2021, up by 12% year on year.
MRC

Axens increased prices for its catalysts and adsorbents

MOSCOW (MRC) -- Several market factors such as energy and transportation costs along with challenges in the availability and costs of raw materials have significantly increased Axens’ manufacturing costs, said the company.

In regards to these events, price increases, for some of Axens' Catalysts and Adsorbents, is necessary to maintain the level of quality, responsiveness and support that their customers expect. This increase is effective immediately.

Axens’ Sales Representatives remain available for any questions or concerns regarding this topic.

As per MRC, Sumitomo Chemical has successfully conducted the first waste-based polyolefin production at its laboratory in Japan earlier this year, by use of the ethylene produced by Axens ethanol-to-ethylene technology Atol. This process value chain is complemented with the upfront “Waste to Ethanol” technology by Sekisui Chemical.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,868,160 tonnes in the first nine months of 2021, up by 18% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,138,510 tonnes in January-September 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding statistical copolymers of propylene (PP random copolymers) decreased significantly.

Axens is a group providing a complete range of solutions for the conversion of oil and biomass to cleaner fuels, the production and purification of major petrochemical intermediates, the chemical recycling of plastics and all natural gas treatment and conversion options. The offer includes technologies, equipment, furnaces, modular units, catalysts, adsorbents and related services.
MRC

Lummus Technology signs LOI with UK-based company to develop a new chemical recycling facility

Lummus Technology signs LOI with UK-based company to develop a new chemical recycling facility

MOSCOW (MRC) -- Lummus Technology, through its Green Circle subsidiary, announced that it has finalized a Letter of Intent (LOI) with Phigenesis, a UK-based company established to deliver ISCC+ certified renewable chemical feedstock for use in existing petrochemical plants to manufacture virgin grade plastics, suitable for all grades of application, according to Hydrocarbonprocessing.

Under the agreement, Phigenesis will deploy the Lummus New Hope Plastics Pyrolyisis Technology for a new chemical recycling facility with a capacity of 150,000 tpy. This will be the first license of the proven chemical recycling technology in Europe, and at this scale, the first project will significantly increase the current European chemical recycling capacity.

This agreement accelerates Phigenesis’ delivery of European projects, with the first site to be sized at 150,000 tpy, using proven operating technology. Based on the Lummus New Hope Plastics Pyrolysis process, the new facility will allow for a significant reduction in the carbon emissions compared to plastics waste incineration and virgin polymers production, and will help in the fight against climate change by a direct displacement of oil-derived feedstocks with recycled content.

The technology is part of a partnership formed in 2020 between New Hope Energy and Lummus, combining Lummus’ ability to license, scale-up and further develop process technology and New Hope Energy’s operational experience and waste conversion technology.

Phigenesis has plans for developing five similar sized projects in Europe, including feedstock supply, product sales and delivery of engineering. Phigenesis’ approach to each project prioritizes the use of renewable energies and low emission technologies to ensure a major contribution to net zero is achieved.

As MRC informed previously, earlier this month, Lummus Technology announced an award for a C4 acetylenes selective hydrogenation unit (AHU) from Korea Petrochemical Ind. Co. Ltd. (KPIC). The unit will be part of an expansion to KPIC’s Onsan Chemical Plant in Ulsan, Republic of Korea.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,868,160 tonnes in the first nine months of 2021, up by 18% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,138,510 tonnes in the first nine months of 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding PP random copolymers decreased significantly.

Lummus Technology is the global leader in developing process technologies that make modern life possible and focus on a more sustainable, low carbon future. Lummus is a master licensor of clean energy, petrochemical, refining, gas processing and renewable technologies, and a supplier of catalysts, proprietary equipment, digitalization and related lifecycle services to customers worldwide.
MRC

Technip Energies to develop CO2 capture projects in Europe and Middle East

Technip Energies to develop CO2 capture projects in Europe and Middle East

MOSCOW (MRC) -- Technip Energies and Svante have entered into an MOU to further develop Svante’s solid sorbent carbon capture technology and provide integrated solutions from concept to project delivery, said Hydrocarbonprocessing.

The partnership will explore opportunities in Europe, Middle-East and Africa (EMEA) and Russian Federation markets where Svante’s technology would be selected by end users for industrial carbon capture projects, including cement & limestone, blue hydrogen, refineries, petrochemicals, steel, ammonia and pulp & paper facilities. The cooperation will be worldwide for blue hydrogen plants using Technip Energies’ Steam Methane Reformer (SMR) technology.

The carbon-capture facilities will use Svante’s solid sorbent technology to capture carbon directly from industrial post-combustion flue gases as a non-intrusive ‘’end-of-the-pipe’’ solution to produce pipeline-grade CO2. Svante innovative net-zero technology captures CO2, concentrates it, and releases it for safe storage or industrial use, all in less than 60 seconds, by using proprietary active capture nano-materials called solid sorbent filter.

Through this collaboration, both companies intend to address the critical need of lowering the capital cost of the capture of the CO2 emitted from industrial production in order to achieve the world’s net-zero carbon goals required to stabilize the climate. Leaders from industry, financial sectors and government agree on the enormity of the challenge and the critical need to deploy more than 2,000 carbon capture and carbon removal plants by 2040. This is equivalent to put in operations about two plants per week over the next 20 years.

"We are glad to collaborate with Svante on their emergent carbon capture technology for the decarbonization of hard-to-abate industries by leveraging our expertise in technology co-development and integration as well as design, procurement and construction of carbon capture plants. This partnership clearly reflects the significant role of industrial-scale technologies to accelerate the transition towards a low-carbon society," said Arnaud Pieton, CEO of Technip Energies.

As per MRC, Technip Energies (Paris, France) announced that its work on the Azerikimya modernization project in Azerbaijan has been completed on time. The overhaul of the Socar petrochemical complex near the nation’s capital, Baku, is now complete and the plant has been handed over and is fully in operation. It has been producing ethylene and propylene on demand since October 2020.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,868,160 tonnes in the first nine months of 2021, up by 18% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,138,510 tonnes in January-September 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding statistical copolymers of propylene (PP random copolymers) decreased significantly.
MRC

Eni may list more than 30% of its retail-renewables unit

Eni may list more than 30% of its retail-renewables unit

MOSCOW (MRC) -- Energy group Eni could list more than 30% of its new retail and renewables business in what is likely to be one of Italy's biggest initial public offerings next year, reported Reuters with reference to sources' statement.

The company said last month it had opted to list a minority stake in the unit to help it fund its shift away from oil and gas.

It will present its plans for the business, which includes renewable power generation and energy sales to customers, later on Monday.

Eni is looking to float between 25% and 30% but it could sell a bit more if market demand is there, one of the sources said.

Eni declined to comment.

Sources have previously said the unit, created earlier this year as part of Eni's broader plans to decarbonize its business, could be worth around EUR10 B (USD11.3 B).

In April the group's finance head Francesco Gattei said merging its renewable energy and retail operations could create a vehicle with double-digit multiples.

As MRC wrote earlier, Eni is evaluating conversion of its Livorno refinery in northwest Italy into a biorefinery, as part of the Italian company's wider strategy to make its activities more environmentally sustainable. Eni has already converted two of its Italian refineries and is looking to almost double its biorefining capacity to around 2 million mt/year by 2024, and expand this to at least five times by 2050, as part of its pledge to achieve complete carbon neutrality by 2050.

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 1,868,160 tonnes in the first nine months of 2021, up by 18% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,138,510 tonnes in the first nine months of 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding PP random copolymers decreased significantly.

Eni, abbreviation of Ente Nazionale Idrocarburi, in full Eni SpA, Italian energy company operating primarily in petroleum, natural gas, and petrochemicals. Established in 1953, it is one of Europe's largest oil companies in terms of sales.
MRC