QAPCO to inaugurate the third LDPE plant

(zawya) -- Qatar Petrochemical Company's (QAPCO) preparations are almost complete for what promises to be a memorable inauguration on the 20th of November 2012 at Mesaieed Industrial City for its new state-of-the-art petrochemical facility, the 2.3 billion Qatari riyal LDPE 3.

The new facility will produce prime high pressure grade LDPE than existing QAPCO facilities, thus positioning the company as a global leader in LDPE production.

Currently, QAPCO's manufacturing facilities consist of an 800 KTPA (kilo-ton per annum) ethylene plant, a 70 KTPA sulfur processing facility, and two pre-existing LDPE plants, with a capacity of 400,000 MTPA. While the LDPE 3 facility came fully online, it is designed to take advantage of the company's excess ethylene feedstock, it will be producing 300,000 metric tons of LDPE per annum; thus increasing QAPCO's annual production of LDPE to 700,000 metric tons per annum.

Testing and commissioning has already been completed, and with operating parameter normalized, the facility has been producing commercial prime grade LDPE since the mid-August, 2012.

LPDE 3's products will be sold through QAPCO's global marketing network, which stands at around 30-self operated offices, in addition to the logistic facilities.

Qatar Petrochemical Company (QAPCO) is a Qatar-based company established in 1974 and is a joint venture between Industries Qatar (80%) and Total Petrochemicals (20%). The company is currently one of the largest producers of low density polyethylene (LDPE) in the region. In addition to LDPE, QAPCO also produces linear low density polyethylene (LLDPE), ethylene, and sulfur, which it sells to over 4500 industry customers in 145 countries through its extensive global marketing network.
MRC

(plastemart) -- PTT Global Chemical (PTTGC) is likely to make a final decision by year end whether it will join Indonesia's Pertamina in investing in a petrochemical business complex, as per The Nation.

PTTGC is in talks about a possible joint venture with Indonesia’s state oil-and-gas giant. The petrochemicals market in Indonesia is of significant size with an increasing number of oil and gas companies expected to make a foray after the inception of the Asean Economic Community in 2015.

As MRC wrote earlier, PTT Global Chemical Public Company Limited is one of the leading petroleum refiners and suppliers of refined petroleum products in Thailand. The Polymer product business produce a wide range of plastic products for use in various industries. Among the main products are HDPE, LDPE, LLDPE, PS.

MRC

(plastemart) -- The state of West Bengal has shelved its commitment to building a petrochemical zone at Haldia, the Department of Chemicals and Petrochemicals has found a new project partner in Kerala.

A PCPIR is being proposed in the Southern Indian state of Kerala, with Bharat Petroleum Corporation Ltd as the anchor tenant or the main refiner. The Kerala government has submitted a formal proposal to the Ministry of Chemicals & Fertilizers to set up a petrochemical zone or a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Kochi. The PCPIR will be in close proximity to BPCL’s refinery at Kochi, which is expanding its refining capacity from 9.5 mln tpa to 15.5 mtpa.

According to official sources, project will cost about Rs 9,000 crore, which includes cost of land, internal and external infrastructure, road and rail linkages, and setting up water supply systems. With the increased crude capacity of 15.5 mtpa, the refinery will produce 5,00,000 tons of propylene a year, in addition to various fuels, such as liquefied petroleum gas (LPG), high speed diesel (HSD), kerosene, aviation turbine fuel (ATF), petroleum coke, bitumen, etc. Sources said that by utilising the propylene, BPCL plans to establish joint venture companies for production of various base materials. As MRC reported earlier, in late September Bharat Petroleum has signed a MoU for its expansion project and the setting up of a petrochemical joint venture to be implemented in three years time at Kochi. The company will invest Rs.14,225 crore in its Integrated Refinery Expansion Project (IREP) at the Kochi Refinery and Rs.5000 cr for setting up a petrochemical joint venture.

Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled oil and gas company headquartered in Mumbai, India. Bharat Petroleum owns refineries at Mumbai, Maharashtra and Kochi, Kerala (Kochi Refineries) with a capacity of 12 and 9.5 million metric tonnes per year.
MRC

MOSCOW (MRC) -- Indo Rama Synthetics (India) is going to ink Memorandum of Understanding (MoU) with Government of Tamil Nadu, according to which the company will construct a petrochemical complex for purified terephthalic acid (PTA), polyethylene terephthalate (PET) and polyester staple fiber (PSF) production, according to moneycontrol.

As MRC informed earlier, Thailand's Indorama Ventures Company defers the start of work on the expansion of production capacity at its plant in Rotterdam (the Netherlands), with capacity of 200 000 tonnes of PET a year, from late October to mid-November due to a small explosion that occurred on October 14.

Indo Rama Synthetics (India) Ltd is India’s largest dedicated polyester manufacturer.

Indorama Ventures is a leading producer in the polyester value chain in Thailand with strong global network and manufacturing across Asia, Europe and North America. Its products serve major players in diversified end use markets, including food, beverages, personal and home care, health care, automotives, textile, and industrial. The company’s main products are PTA, PET and polyester fibre, which are distributed across the world.
MRC

(hydrocarbonprocessing) -- State-run Kuwait Petroleum Corp., or KPC, plans to issue tenders to build its new refinery and environmentally-friendly fuel project by early next year, the firm's chief Farouk al-Zanki said in remarks published Monday.

KPC has already awarded two firms consultancy contracts for the projects and the other tenders for the construction will be issued by year end or early 2013, Mr. Zanki said, according to state-run Kuwait News Agency, or KUNA.

The two projects, which will be implemented simultaneously and are expected to boost KPC's refining capacity to 1.4 million bpd of crude oil, will cost about USD25 billion, Kuwait's oil minister Hani Abdulaziz Hussain has previously said.

The new refinery will be located in Kuwait's Al Zour region while the clean fuel project will involve a major upgrade of existing refineries in Mina Abdullah and Mina Al Ahmadi.

Kuwait Petroleum Corporation (KPC) is one of top ten oil energy conglomerates. KPC was first established in 1980 in order to bring together all state-owned elements of the Kuwait oil sector under one corporate umbrella. Today, KPC overseas a fully-integrated industry with operations spanning six continents.
MRC