Published on April 20, 2018
Brunei Methanol Company (BMC) has restarted its Methanol unit after an abrupt shutdown. The unit was planned for annual maintenance in the first week of May but due to so Earlier the unit was shut down due to some technical issue in the first week of April. The company took this opportunity during the unexpected shutdown to call for an early maintenace schedule. Unit is based at Sungai Liang Industrial Park and has the manufacturing capacity of 8,50,000 mt/year. Brunei Methanol is ..
Published on April 19, 2018
KBR announced the successful completion of the ethylene plant revamp project for Korea Petrochemical Ind. Co. (KPIC) in Ulsan, Korea. KBR has provided its proprietary Selective Cracking Optimum Recovery (SCORE) technology license, basic engineering design and proprietary equipment supply services to expand KPIC’s existing plant ethylene capacity from 486,000 to 800,000 metric tons per year (m. t. /yr). The revamp included the addition of two new highly selective SC-1 proprietar ..
Published on April 14, 2018
There has been significant hike in VAM prices in Asian market. One of the leading manufacturers of VAM, Celanese has increased its Ex China values by USD 100/MTS this week. The Reason specified for this hike is high cost of Acetic Acid and Ethylene which are its feedstocks. On other hand VAM is also imported from Thailand, the markets are closed due to new year festival over there. Supply will start from there next week. End users and traders do believe that this hike is unbearable for Inida ..
Published on April 13, 2018
Northeast Asia may see a reshuffle in the trade flow of Acrylonitrile should China go ahead with slapping an additional tariff on ACN imports from the US. The brewing US-China trade war has drawn muted reaction from Northeast Asia. "If tariff passes, then [US producers] such as Ineos currently selling to Chinese ABS producers will probably shift to South Korea or Taiwan instead. South Korean and Taiwanese ACN producers will move their cargoes to China accordingly, with a logistical markup," a t ..
Published on April 12, 2018
Saudi Aramco, has signed a pact with a consortium of Indian oil companies to jointly develop and build a mega integrated refinery and petrochemicals complex Ratnagiri Refinery & Petrochemicals Ltd (RRPCL), in Maharashtra. The Indian consortium consisting of IOCL, HPCL and BPCL will own a 50% stake in the joint venture while Saudi Aramco will hold the remaining half. The plan is to finish the project by 2025. As per report, the project cost is estimated at around ₹3 lakh crore ($44 billio ..
Published on April 11, 2018
LyondellBasell declared force majeure on its Lake Charles based Polypropylene plant due to mechanical failure at this plant. The company declared that it faced a breakage of an extruder. The Lake Charles polypropylene facility houses two PP lines with a combined capacity of 667,000 my/year. ..
Published on April 10, 2018
Saudi Arabia’s national oil company Saudi Aramco is looking for initial steps toward a multibillion-dollar chemical plant in Texas. Saudi Aramco last year said it would invest $18 billion in Motiva’s Port Arthur refinery, which can process up to 603,000 barrels of crude oil per day (bpd). Motiva wants to add an ethane cracker near its refinery that could produce more than 1.5 million tons of ethylene a year, the sources said. Saturday’s announcement will also include an agre ..
Published on April 9, 2018
India’s Haldia Petrochemicals is planning to shut its petrochemical complex for maintenance turnaround. The unit will be shut down on 10 May for annual maintenance. The shutdown period is likely to last for 25 days. The unit has the production complex which is a naphtha-fed steam cracker, which has a design production capacity of 700,000 mt/year of ethylene and 350,000 mt/year of propylene. The cracker feeds a 101,000 mt/year butadiene extraction unit. Unit is based at Wes ..
Published on April 7, 2018
Iran based Zargos Petrochemical Compay will shut down its Methanol unit no 2 for annual maintenance. The unit is expected to go off-stream on Sunday and is expected to remain off-stream for around for around 7 weeks. The unit is based at Asaluyeh in Iran and has the production capacity of 1.65 mln mt/year. ..
Published on April 6, 2018
Fanavaran Petrochemical Company will shut its Methanol plant on 20 April 2018. The plant will be shut down for annual maintenance schedule. The unit is likely to remain off-stream for around 4-5 weeks. The unit is based at Bandar Imam Khomeini special economic zone of Iran and has the manufacturing capacity of 1 mln mt/year. ..