Kazanorgsintez plans to expand polycarbonate production

Kazanorgsintez plans to expand polycarbonate production

MOSCOW (MRC) - Kazanorgsintez (TAIF Group) in 2022 will complete the modernization of equipment for the production of polycarbonates, which will allow reaching the design capacity of 100 thousand tons per year, reports Tatar-Inform with reference to the words of the director of the plant Andrey Presnyakov.

"Initially, the project planned 65,000 tonnes per year, and now we are producing about 90,000 tonnes. There is one more stage of modernization, after which we will be able to reach full capacity - 100,000 tonnes," said A. Presnyakov.

He added that after the completion of the modernization at the plant, work will be carried out to reduce power consumption and emissions of harmful substances into the atmosphere. The production of polycarbonate at the enterprise is carried out using phosgene-free technology. This method is environmentally friendly due to the absence of by-products and waste water after production and very low emissions of harmful substances into the atmosphere.

Polycarbonate production at Kazanorgsintez was launched in 2008, in 2018 the company began modernizing production to increase production. Today the company employs 415 people.

Earlier it was reported that Kazanorgsintez resumed production of polycarbonate (PC) in Kazan on August 31 after scheduled repairs. This production was stopped in the first half of August. PJSC Kazanorgsintez is the only manufacturer of polycarbonates in the Russian Federation.

According to the ICIS-MRC Price Report, according to the results of three quarters, PC production at Kazanorgsintez increased by 3% to 71,400 tonnes against 69,000 tonnes in January-September 2020. Kazanorgsintez kept the October price of polycarbonate at the level of the previous month. At the end of September, the import of PC-granules and compositions to Russia, excluding supplies from Belarus, amounted to 1,400 tonnes against 1,800 tonnes a month earlier and 3,200 tonnes in September last year.

PJSC Kazanorgsintez is one of the largest enterprises in the Russian Federation (PJSC TAIF Group of Companies). It produces 40% of all Russian polyethylene and is its largest exporter. Currently, PE, polycarbonate (PC), polyethylene pipes, phenol, acetone, bisphenol A are produced. KOS is the only Russian PC manufacturer. There are 170 types of products in total. The annual production volume is 1.6 million tons. The enterprise is the largest producer of low-pressure polyethylene (HDPE) pipes in Russia. The annual production capacity of HDPE is 540 thousand tons, and LDPE - 225 thousand tons.
MRC

ExxonMobil and Chevron lag Permian independent production despite claims of leadership

ExxonMobil and Chevron lag Permian independent production despite claims of leadership

MOSCOW (MRC) -- Although the Permian Basin is an important upstream growth target for Chevron and ExxonMobil, independent operators are the dominant producers in the area, according to an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA).

While ExxonMobil and Chevron have portrayed themselves as leaders in the Permian, the IEEFA analysis finds it unlikely that future operations from their current assets will propel either to top-producer status in the vast region that sprawls across Texas and New Mexico.

“Both Chevron and ExxonMobil see the Permian as the future of their domestic upstream growth,” said Trey Cowan, an IEEFA oil and gas analyst who authored the briefing note. “But the reality is that they are not likely to overtake independent producers at their current pace.”

IEEFA’s analysis of data from 2018 through 2020 found independent producers hold the highest-performing wells, and that metrics used by the two supermajors to portray leadership actually favor independent producers. For example, Pioneer Natural Resources, which acquired Parsley Energy and DoublePoint Energy earlier this year, overtook OXY to become the largest Permian Basin producer.

“Big Oil would have to significantly increase their drilling and completion campaigns to rise to the activity pace that the leading independents have set,” said Cowan. “Their average productivity per well also lags far behind EOG’s in the Delaware Basin.”

With thousands of turned-in-line wells, the Permian has become the focus of US oil production. Output has increased from 890,000 barrels per day (bpd) to 4.3 million bpd over the last decade, or more than twice the pace of total US crude oil production growth over the same period, according to the Energy Information Administration.

“While Big Oil has held substantial acreage positions across the Delaware, Midland and Central Basin Platform in the Permian, we find little by way of well production quality to distinguish the supermajors,” said Cowan.

As MRC reported before, ExxonMobil said earlier this month it is on track to meet its 2025 emissions reduction targets by the end of this year - four years earlier than planned - and has vowed to ramp up investments to further cut emissions.

We remind that ExxonMobil plans to build its first, large-scale plastic waste advanced recycling facility in Baytown, Texas, and is expected to start operations by year-end 2022. By recycling plastic waste back into raw materials that can be used to make plastic and other valuable products, the technology could help address the challenge of plastic waste in the environment. A smaller, temporary facility, is already operational and producing commercial volumes of certified circular polymers that will be marketed by the end of this year to meet growing demand.

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.

ExxonMobil is the largest non-government owned company in the energy industry and produces about 3% of the world"s oil and about 2% of the world"s energy.

Headquartered in San Ramon, California, Chevron Corporation is the the second-largest integrated energy company in the United States and among the largest corporations in the world. Chevron is involved in upstream activities including exploration and production, downstream activities including refining, marketing and transportation, and advanced energy technology. Chevron is also invested in power generation and gasification processes.
MRC

PTT invests in Thailand port expansion with construction starting in 2023

MOSCOW (MRC) -- National oil and gas conglomerate PTT Group (PTT) said on Thursday its joint venture GPC International Terminal has signed a 35-year contract to build the third phase of Laem Chabang port project with a budget of 30.9 billion baht, according to Thai Enquirer.

The joint venture GPC is formed by PTT’s subsidiary PTT Tank, Chec Oversea Infrastructure Holding, and Gulf Energy Development.

PTT, Chec Oversea, and GULF will hold 30%, 30%, and 40% stake in GPC, respectively.

The agreement was completed in the form of a public-private partnership to develop the Laem Chabang port phase III project at the Terminal F, which was approved by the cabinet earlier this month, PTT president Auttapol Rerkpiboon said in a statement.

He said the goals are “to operate a seaport and to provide services” such as transporting goods and running warehouses with the capacity up to 4 million twenty-foot equivalent units (TEU) per year.

GPC plans to start constructing the first part, Terminal F1, in 2023 and begin commercial operation in 2025.

The second part, Terminal F2, will be built in 2027 and will launch its operation in 2029.

“This is in line with PTT’s strategy in pursuing Logistics & Infrastructure business and supporting infrastructure growth in Thailand,” Auttapol said.

As MRC informed earlier, in October 2021, Thai chemical firm, PTT Global Chemical Pcl (PTTGC) said it plans to invest over USD22 bln in the next three decades to achieve net zero carbon emissions 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 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

Teijin Limited emission reduction targets approved by SBTi

Teijin Limited emission reduction targets approved by SBTi

MOSCOW (MRC) -- Teijin Limited announced that it has been informed by the Science Based Targets initiative (SBTi) that its new targets for greenhouse gas emissions is now officially validated as science-based targets (SBT) that limit global temperature rise to well-below two degrees Celsius, said the company.

Teijin is the first enterprise in Japanese chemical industry to receive this recognition. Teijin declared its commitment in February 2021 that the company to being validated under SBT within two years and realized the aim earlier than planned.

Teijin has established forward-looking long-term goals like net-zero in-house emissions by fiscal 2050 and committed to make avoided emissions by its products more than total emissions in supply-chain by fiscal 2030. The goals include reducing internal CO2 emissions by 30%, which was increased from the former 20% target, and two-thirds of total supply-chain emissions by 15%, both as of 2030 compared to 2018 levels.

Teijin, under its long-term vision of being a company that supports the society of the future, is delivering solutions to help realize a more sustainable society in three key fields: 1) environmental value, 2) safety, security and disaster mitigation, and 3) demographic change and increased health consciousness. As a people-focused company, Teijin provides innovative solutions for enhanced quality of life and also works to minimize any negative impact on the environment or society in its business activities.

As per MRC,Teijin says that its subsidiary Teijin Carbon Europe (Heinsberg, Germany) has increased the production capacity of chopped carbon fiber by 40%. The company says that it is responding to the growing demand from European electronics manufacturers in recent years, as well as the current increase in demand for compounds for medical devices.

As MRC reported before, Teijin Ltd. is expanding its footprint in Europe with Teijin Automotive Center Europe GmbH, a new base in Wuppertal, Germany, that will house technical functions for the company’s automotive composites business.

Teijin is a technology-driven global group offering advanced solutions in the areas of sustainable transportation, information and electronics, safety and protection, environment and energy, and healthcare. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has some 150 companies and around 17,000 employees spread out over 20 countries worldwide.
MRC

ENEOS sees winter fuel oil demand rising 150%, can only meet 100% surge

ENEOS sees winter fuel oil demand rising 150%, can only meet 100% surge

MOSCOW (MRC) -- Japan's largest refiner ENEOS currently sees a 150% year-on-year increase in fuel oil demand from the power sector for winter, but can only meet up to a 100% surge, reported S&P Global with reference to ENEOS Holdings Chairman Tsutomu Sugimori's statement Nov. 25.

Speaking to reporters as President of the Petroleum Association of Japan, Sugimori said ENEOS was receiving a lot of inquiries from power utilities for fuel oil supply for winter amid high LNG prices.

Sugimori's comments came after company president Katsuyuki Ota said Nov. 11 that ENEOS was receiving a high number of inquiries from power utilities for fuel oil amid concerns that the country's refiners may not be able to meet all requests for the coming winter.

Last January, Japanese refiners boosted fuel oil supplies to power generators following an emergency request from the Federation of Electric Power Companies of Japan. That came as Japan experienced a power supply shortage as demand surged during extreme cold spells in January, with local power utilities forced to restrict gas-fired power generation due to low LNG stocks.

That was exacerbated by glitches at coal-fired power plants, low hydropower generation due to droughts, fluctuations in solar power output due to weather conditions, reduced oil-fired power generation capacity, and low nuclear power output.

As MRC informed previously, in the first week of June, 2021, Eneos Corp restarted the 168,000-bpd No.1 CDU at its Kashima refinery, east of Tokyo, after it was shut on May 11 due to system trouble. The refiner, which is a unit of Eneos Holdings Inc, restarted the 105,000-bpd No.3 CDU at its Mizushima-B refinery, western Japan, in early June, 2021. The CDU was shut on Feb. 25 for turnaround.

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 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.

Japan's largest refiner JXTG Nippon Oil & Energy was renamed ENEOS Corporation on 25 June, 2020, as part of a wider re-organization of the parent company JXTG Holdings. The move, which also involved renaming the parent company to ENEOS Holdings upon approval at its annual shareholders meeting in June 2020, comes as it strives to be a more comprehensive energy and materials company under its 2040 vision announced in May, 2019. JXTG Holdings was formed as a result of a merger between JX Holdings and TonenGeneral in April 2017. This followed the establishment of JX Holdings as a result of the merger between Nippon Oil and Nippon Mining Holdings in April 2010.
MRC