Fujian Jinjiang Petrochemical eyes commercial output at new CPL plant in August

MOSCOW (MRC) -- China's Fujian Jinjiang Petrochemical is expected to start commercial production at its new 200,000 mt/year caprolactam plant in Putian, in eastern China's Fujian province, by August, after major construction work was completed earlier this week, reported Apic-online with reference to industry sources with knowledge of the matter.

Fujian Jinjiang Petrochemical was unavailable for comment.

Fujian Jinjiang Petrochemical, owned by Fujian Eversun Group, has phase two of the project at the same site currently underway. Once it gets completed in 2019, the company will add another 400,000 mt/year of caprolactam capacity, bringing its total capacity to 600,000 mt/year, sources said.

Caprolactam is primarily used in the production of nylon 6 fibres.
MRC

MOSCOW (MRC) -- Sinopec Yangzi Petrochemical has undertaken a planned shutdown at its No. 2 high density polyethylene (HDPE) unit in Jiangsu, as per Apic-online.

A Polymerupdate source in China informed that the company has commenced turnaround at the unit on July 2, 2018. Further details on duration of the shutdown could not be ascertained.

Located in Jiangsu province, China, the No.2 HDPE Unit has a production capacity of 80,000 mt/year.

As MRC wrote previously, Sinpec Yangzi also runs polypropylene (PP) plant at the same site. Located in Jiangsu province, China, the plant comprising three units have a production capacity of 200,000 mt/year, 100,000 mt/year and 100,000 mt/year. The company conducted maintenance at this plant in May 2017.

Sinopec Corp. is one of the largest scale integrated energy and chemical companies with upstream, midstream and downstream operations. Its refining and ethylene capacity ranks No.2 and No.4 globally. The Company has 30,000 sales and distribution networks of oil products and chemical products, its service stations are now ranked third largest in the world.
MRC

MOSCOW (MRC) -- The contract price of propylene in Europe was agreed at a rollover from June, as a result European producers announced a rollover of June export prices of polypropylene (PP) for July shipments to the CIS markets, according to ICIS-MRC Price report.

Negotiations on July prices of European PP have begun this week, with deals done actively. All market participants reported the rollover of June export prices for propylene polymers from all producers for July supplies.

Deals for July supplies of homopolymer PP were discussed in the range of EUR1190-1245/tonne FCA, which corresponds to the June deals. Some producers kept temporary restrictions on the export of injection moulding homopolymer PP, which will be resolved after 20 July.

Deals for copolymers of propylene (PP block copolymers) were discussed in the range of EUR1 240-1 300/tonne FCA.
MRC

MOSCOW (MRC) -- A joint venture with a history of producing on-time and on-budget for important engineering, procurement and construction (EPC) projects has been picked to develop an ethylene terminal facility in the United States, as per Hydrocarbonprocessing.

Black & Veatch and JV partner PCL Industrial Construction Co. – together known as BPC – were picked by Enterprise Products Partners L.P. and Navigator Holdings Ltd. to provide full EPC services for their new ethylene export facility on the Texas Gulf Coast.

Ethylene, a byproduct of natural gas processing, is important to the production of plastic and other chemicals. Located on the Houston Ship Channel at Enterprise’s Morgan’s Point location, the ethylene terminal will have a capacity to export approximately 2.2 billion pounds of ethylene per year. Commercial operations are expected to begin in the fourth quarter of 2019.

“Our clients sought an EPC solution that would allow them to fulfill increasing calls for ethylene export with an aggressive execution schedule and performance guarantees,” said Gary Martin, Regional General Manager for Black & Veatch’s Oil & Gas business. “Black & Veatch, together with PCL Construction, has an established track record of delivering safely, on-time and on-budget, even with accelerated production timelines."

“BPC has had an eight-year history of pursuing and successfully completing very challenging projects in the power market,” said Kent Free, Senior Director at PCL Industrial Construction Co. “We are very proud to expand our solution provider culture into the oil, gas and petrochemical arena."

The Morgan’s Point project continues the Black & Veatch/PCL joint-venture work under the BPC banner. This will be the third award for the joint venture. The JV has performed over 4,500,000 workhours to date with zero lost-time incidents.
MRC

MOSCOW (MRC) -- McDermott International, Inc. announced it has been awarded two sizeable technology contracts by a subsidiary of PT Chandra Asri Petrochemical Tbk, PT Chandra Asri Perkasa, for the company's planned new petrochemical complex in Indonesia, as per Hydrocarbonprocessing.

McDermott's scope of work includes licensing and basic engineering packages for Lummus Technology's olefins technology, including Short Residence Time (SRT®) ethylene heater design and critical supply, and for butadiene extraction technology.

The steam cracker is expected to produce 1,100 kta of ethylene and 600 kta of propylene using Lummus Technology's proprietary, highly selective SRT VII cracking heaters. Additionally, the complex is expected to produce approximately 175 kta of butadiene using the market-leading BASF/Lummus Technology butadiene extraction technology.

"Lummus Technology has a strong relationship with Chandra Asri that goes back more than 25 years," said Daniel M. McCarthy, Executive Vice President of McDermott's Lummus Technology business. "We licensed several technologies for their first complex and look forward to working with them on the second complex, which will boost petrochemical production to help meet domestic demand in Indonesia."

McDermott's Lummus Technology is a leading licensor of proprietary petrochemicals, refining, gasification and gas processing technologies, and a supplier of proprietary catalysts and related engineering. With a heritage of technology development spanning more than 100 years, encompassing approximately 3,500 patents and patent applications, Lummus Technology provides one of the industry's most robust technology portfolios to the hydrocarbon processing sector.
MRC