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Petchem News & Global Market Outlook: May 2008 4/19/11 5:13 PM
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Berkshire
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Ethane Petrochemical industry plays a major role in our daily life. Almost everything that we are •
Conference:
Middle
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Technology
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Methane dependent nowadays are made from petrochemicals be it plastics, clothes, home appliances etc. for
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P...
Being a professional chemical engineer, one needs to keep up-to-date with fast changing •
Pertamina
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Propane petrochemical industry especially when new processes for new products, new chemicals are Total
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...
Butane invented everyday. •
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Aramco
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FRIDAY, MAY 30, 2008
Pro. PVC Raw- •
Shell
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its
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Sadaf
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China Excellent Environmental Concern Grows at Egyptian Fertilizer Plant •
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Canada-based fertilizer producer, Agrium who owns a $1.2bn Agrium joint-venture nitrogen fertilizer plant in Egypt, is working to
address concerns on the environmental impact of the chemical plant towards the nearby community at port of Damietta.
•
Engen
Petroleum
Ltd
Acquired
Chevron
Corp.'s
asset...
CHEMICAL The fertilizer chemical plant is scheduled for completion in 2010 with capacity of two 1,200 tonne/day ammonia plants and two
•
India
to
Build
New
450,000
tonne/year
Ethylene
Pla...
urea plants of production capacities of 1,925 tonnes/day.
LISTING •
Conference:
6th
Methanol
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Korea India's Chemplast Sanmar Limited (CSL) is expected to commission its greenfield polyvinyl chloride (PVC) chemical plant at
Cuddalore in Tamilnadu State by end of 2008 with a capacity of 200,000 tonnes/year of PVC at the Cuddalore plant.
Feedstock for the intermediate vinyl chloride monomer (VCM) will be supplied from its Egyptian associate TCI Sanmar Chemicals Petrochemical Archives
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POSTED AT 5:21 AM 0 COMMENTS LINKS TO THIS POST petrochemical plants, product
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:13 PM
The petrochemical complex at Al-Jubail will produce 6m tonnes/year of petrochemical products including ethylene,
propylene, monoethylene glycol (MEG), polypropylene and other chemicals due to be commissioned late this year.
The naphtha cracker has an ethylene capacity of 900,000 tonnes/year and 400,000 tonnes/year of aromatics. This is an
addition to its existing facility produces 190,000 tonnes/year of benzene and 90,000 tonnes/year of toluene.
Passengers will be allowed to use methanol fuel cells in commercial airliner passenger and crew compartments, major
manufacturers of portable consumer electronic devices such as in mobile phones, digital cameras, DVD players as well as
laptops.
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:13 PM
Saudi Methanol Co, a joint venture of SABIC and a Japanese consortium will have a total capacity of methanol 5.7
million tonnes/year if the new mega methanol chemical plant is on-stream at Al-Jubail.
The chemical plant which costs $277m using Germany's Lurgi process technology, is due on-stream in 2011. Overall,
Eurochem is expecting an increase in its Azot, Novomoskovsk urea capacity by 25% to 2,000 tonnes/day as part of
Eurochem's vision to conquer the Russian market.
The take-over will inherit $163m in debt from ExxonMobil and $35m in net
credits specific for the fuel stations operation. However, ExxonMobil is still in
charge of its major chemical plants and upstream oil and gas operations
especially at offshore Santos Basin.
Analysts are looking at the strategic move as a favorable one since it lets
Brazil Cosan to take charge of the fuel stations for distribution of its vast
production of Brazil's ethanol.
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:13 PM
acetylene-based route method of polyvinyl chloride (PVC) production facing heavy competition despite China’s
massive coal deposits.
The acetylene-based PVC, is facing overcapacity from ethylene prices downward trend making ethylene-based
PVC production to become increasingly profitable.
Coal is currently the main source of fuel for China’s power plants, and the massive growth of the Chinese economy
could create a bottleneck in the supply of coal for acetylene production, something PVC producers are worrying
over at the moment.
Nippon Shokubai's new method process technology also reduces the cost to build and maintain the plant by as
much as 10%, and also improved the ratio of converting vegetable oils into fatty acid ester, a biodiesel fuel, by 3%
and on top of that, the byproduct glycerine produced by this method is very high in purity (over 98wt%). At 98% wt
purity, the glycerin could be used as a feedstock for other chemicals without any refining.
US to Ban Bisphenol-A
US Senator Chuck Schumer is in the midst of proposing a legislation to ban the sale of children’s products and
food containers containing bisphenol A due to its linkage in the risk of cancer and developmental defects to high
doses of BPA.
BPA is used in the manufacture of polycarbonate (PC) for PC bottles especially for PC baby products. America's
biggest retailer, Wal-Mart is fast reacting to the news by phasing out products containing BPA. Others like Playtex
Infant Care and Nalgene Outdoor Products are also in the move to phase out products containing the chemical.
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:13 PM
Programme Updates
Getting Involved
Labels: Conference
As in the past years, our summit will feature a combination of plenary and round table discussions by widely respected industry
experts from different sectors of the global petrochemical industry.
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:14 PM
"Very good selection of presentations from key decision makers, providing the right market intelligence for strategic decisions." - Schmidt +
Clemens
"The conference gave me a full understanding of the current and future trends in the Petrochemical industry - Asia." - KBC
"Great opportunity to network and exchange ideas with key industry players."
- Qurain Petrochemical Industries Co
As the race to stay profitable intensifies, producers must constantly innovate to create value or manage their costs more
efficiently. Hence 16th Asia Petchem Summit will examine these concerns and provide insights on the challenges and
opportunities in the industry.
This year's special highlight will be on complex expansions plans in Asia, cracker investment projects in Middle East,
petrochemical price volatility and risks in swaps and hedging, carbon trading opportunities, clean fuel regulations and its impact on
the aromatics chain.
Getting Involved
Plan to meet local, regional, and international champions in the petrochemical league from the following divisions/companies:
• Presidents/Vice-Presidents
• CEOs, MDs, GMs
• Traders for Aromatics, Feedstock, Olefins, Plastic
• Coal & Natural Gas Companies
• Refineries, Additives and Catalysts
• Industry/Energy Consultants
• Business Development Managers
• Product/Sales/Marketing Directors
• Project Financiers
• Technology Licensors
• International Engineering & Contracting Firms supporting the energy industries
• Upstream or downstream Operations
Labels: Conference
Jim Jordan & Associates, the International Methanol Producers and Consumers Association (IMPCA), and
MMSA welcome you to join the 150+ delegates expected at this event, which features presentations by the CEO of
PETRONAS Methanol (Labuan), the Methanex SVP of Global Marketing and Logistics, the Deputy CEO of
Brunei Methanol Company, BP, Ancom Kimia, KBR, SES China, MEO Australia, Dynea, Toyo, MAN-
Ferrostaal, Lurgi, Sud Chemie, MMSA (2), JJ&A, and Chemease-CBI.
Delegates will also have several chances to meet, including an opening cocktail reception, and a quick tour of the
Petronas Twin Towers Skybridge (connecting the Towers), followed by a dinner at the Malaysian Petroleum
Club.
The conference provides unique opportunities to 1) hear state-of-the-art market analysis from experts in their fields;
2) network with the key executives who are shaping the Asian methanol industry. Anyone interested in
understanding the driving forces behind methanol in Asia should attend this event.
The preliminary agenda, list of registered delegates, and on-line registration for the conference can be found at
www.jordan-associates.com/AsiaMethanol.htm.
Labels: Conference
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:14 PM
The plant is expected to increase Braskem’s overall annual PP production capacity to 1.1million
tonnes/year, a producer and market leader in South America.
The chemical plant will be located at Yanbu on the Red Sea coast with capacity of 60,000 tonnes/year
of PBT, 50,000 tonnes/year of butanediol, 3,500 tonnes/year of tetrahydrofuran, and 85,000 tonnes/year
of maleic anhydride acid. For the cost of $1 billion for the construction, analysts are considering the
cost to be a bargain.
The polybutylene terephthalate (PBT) complex is in commercial phase with EPCC (engineering,
procurement and construction contractors) for award of contracts in the end of the third quarter of
2008. A few contractors including Oslo-based Aker Kvaerner with China's Sinopec, and South Korea's
GS Engineering & Construction, Samsung Engineering Company and Hanwha Engineering &
Construction are currently in the bidding process for the award of construction contract.
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:14 PM
The start-up has had many hiccups due to governmental regulations and construction problems and
the successful start-up of Formosa’s Ningbo PP plant would tighten the critical propylene supply in the
market.
Refining margins in China are currently negative due to lower price of gasoline and even much
lower methanol prices. The factor is also driven by transportation infrastructure where local auto
manufacturers are looking to capture energy market share with 'low running costs' and the
Chinese government was pushing for coal to replace part of energy derived from crude.
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:14 PM
The proposed site as offered by the state government comprises of 400-hectare site in
Manjung offered by the Perak state government.
To be held on the 10-11 June, and with the theme of `Transition into oversupply -
strategizing to sustain profitability' the conference aims to present a unique
insight into many of pertinent issues impacting the industry:
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:14 PM
High energy costs and the US recession are causing the Asian Pacific
• Petrochemical Industry to slide into a downturn. - What is the prospective on
Asia Position in weathering the US economy slow down?
Also the huge Olefins and polyolefin capacities looming from the Mideast is a
• challenge for Asia's producers. - How can producers in Asia strategize and
position themselves competitively in today's volatile markets?
Naphtha markets Dynamics and alternative feedstock - How would it impact the
•
feedstock balance in Asia , Is alternative feedstock the answer to manage costs?
More majors are integrating to ensure their competitiveness. What is the
• economics of this strategy? (capacity expansion and market dynamics focus on
China, India, middle east, Vietnam)
Environmental concerns are also increasing. Legislation in countries like China,
• Australia has banned the usage of plastic bags - How will the ban against plastic
bag usage impact polyolefin producers?
As the 'Green Movement' surges ahead, how will it further shape the polyolefins
•
industry? -What are the challenges and opportunities ahead?
For an up-to-date speaker list and full conference programme click here.
Register with your team today and enjoy a min saving of USD900 for group fees for
3 or more from the same company.
Labels: Conference
The additional feedstock will be supplied Abu Dhabi National Oil Company (Adnoc)
through its planned expansions at upstream which if succeeded will boost Borouge's total
production capacity to 4.5m tonnes/year to meet the growing demands of polyethylene
and polypropylene markets in the Middle East and Asia.
Analysts expect that the feasibility study will be successful since Borouge is a 40:60 joint
venture between Borealis and Adnoc.
Surging fuel oil costs making shipping more expensive especially since methanol cargoes
are shipped within China via the country's rivers, even the inland road and rail transport
has also become more expensive. On top of these factors, the yuan has appreciated
and the government has curbed incentives for the methanol producers to export the
product.
The greatest hit is of course the feedstock price of coal which has increased by 10-30%
from last year forcing producers working with technology providers to have greater
efficiency in coal gasification.
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Petrochemical Plants. Petchem News & Global Market Outlook: May 2008 4/19/11 5:14 PM
The discharged water effluent was found to contain selenium and whole effluent toxicity
affecting aquatic organisms. ConocoPhillips has managed to run the refinery in
compliance with the regulations after the court order which also requires ConocoPhillips
to monitor surrounding waters for selenium levels.
Disclaimer: All information provided from this website is strictly for reading pleasure purposes. Any usage of the information is to no liability to the writer and for any
false information, the writer shall not be hold responsible whatsoever.
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