Petrochemicals
Petrofac confirms signing of US$1.5 billion EPC contract in Algeria
urther to the announcement of 18 May 2023, Petrofac today confirms it has entered into a definitive agreement with STEP Polymers SPA (‘STEP’, a 100% subsidiary of Sonatrach) for the design and build of its petrochemical complex in the Arzew Industrial Zone in Algeria.
A Consortium led by Tecnimont Awarded a USD 300 Million EPC Contract for a Fertilizer Plant in Egypt by KIMA
MAIRE S.p.A. announces that a consortium composed by its Integrated E&C Solutions (IE&CS) subsidiary Tecnimont S.p.A and Orascom Construction S.A.E. has been awarded a Lump Sum Turn-Key Engineering Procurement and Construction contract for a Nitric Acid and Ammonium Nitrate plant by KIMA, Egyptian Chemical Industries Company.
Kent Awarded Three-Year Multi-Site Master Services Agreement with TotalEnergies
Kent, a leading engineering services provider in the oil and gas, low carbon energy and chemicals sectors, is pleased to announce that it has been awarded a three-year Master Services Agreement (MSA) with TotalEnergies for engineering services in the United States.
McDermott Awarded PMC Contract From IOCL
McDermott has been awarded a project management consultancy (PMC) contract from India Oil Corporation Limited (IOCL) for the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, located 62 miles (100 kilometers) from New Delhi, India.
Petrofac led JV selected for US$1.5 billion EPC project in Algeria
Petrofac, leading a joint venture with petrochemical industry specialist, China Huanqiu Contracting & Engineering Corporation (HQC), has received notification of a conditional award by STEP Polymers SPA (100% Sonatrach subsidiary) to execute a significant petrochemical project in Algeria. The total contract value is approximately US$1.5 billion, with Petrofac’s share valued at over US$1 billion.
Technip Energies Awarded a Contract for Juhua’s Greenfield Chemical Complex in China
Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. (Juhua) for a 1,3-propanediol (PDO) plant with a capacity of 72 kta(1) and a 150 kta polytrimethylene terephthalate (PTT) plant in Ningbo, Zhejiang, China
CropEnergies to build renewable ethyl acetate plant near Zeitz
CropEnergies AG, Mannheim, Germany, will build a plant for the production of renewable ethyl acetate from sustainable ethanol. Foreseen location is the Zeitz Chemical and Industrial Park, Elsteraue, Germany. The supervisory board of CropEnergies has given the green light to the investment into what will be the first production plant in the new biobased chemicals business. The total investment for the new production facility will be between EUR 120 and EUR 130 million, which will be paid from the existing cash position. CropEnergies is currently engaged in the detailed and construction engineering. Ground breaking is to take place early in 2024 and the commissioning is scheduled latest for summer 2025.
Aramco JV HAPCO to Commence Construction of Major Refinery and Petrochemical Complex in China
Aramco and joint venture partners NORINCO Group and Panjin Xincheng Industrial Group plan to start construction of a major integrated refinery and petrochemical complex in northeast China.
McDermott Awarded EPsCm Contract from Slovnaft
McDermott has been awarded an engineering, procurement services and construction management (EPsCm) contract from Slovnaft, a.s., for the steam cracker intensification off-gas processing project at its plant in Bratislava, Slovakia.
Technip Energies has been Awarded a Contract by CNOOC and Shell Petrochemicals Company Ltd. (CSPC) for the Huizhou Phase III ethylene cracker located in Huizhou, Guangdong Province, China.
Technip Energies is providing the proprietary technology and process design for CSPC’s 1,600 KTA(1) ethylene plant. This liquid ethylene cracker pioneers the use of a low CO2 furnace design and electrification of major compressors. The plant is anticipated to have 20% lower CO2 emissions than a similar conventional facility and will be able to maximize benefit from the rapidly decarbonizing power grid for future CO2 emission reduction.
Emerson Selected to Automate Golden Triangle Polymers Facility
Global technology and software leader Emerson (NYSE: EMR) will provide automation technologies, software and analytics from its Plantweb™ digital ecosystem for the Golden Triangle Polymers Project, a world-scale integrated polymers facility on the Texas Gulf Coast. The total installed cost of the project is expected to be $8.5 billion and is a joint venture between Chevron Phillips Chemical Company LP and an indirect subsidiary of QatarEnergy. Operations are expected to begin in 2026.
Butadiene LLP Selects Multiple Lummus Technologies for High Value Petrochemicals Plant in Kazakhstan
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced Butadiene LLP has selected its iC4 CATOFIN®, CATADIENE®, CDMtbe® technologies and BASF’s butadiene extraction technology for units at Butadiene LLP’s new petrochemical plant in Atyrau, Kazakhstan.
S-OIL Flying High with SHAHEEN Project for Expansion into Petrochemicals
S-OIL held a groundbreaking ceremony at the largest-ever domestic petrochemical project ‘SHAHEEN’ at the Ulsan Refinery. The Company is investing 9.258 trillion Won in the construction of the complex scheduled to be completed in 2026.
QatarEnergy and CP Chem Begin Construction of their $8.5 Billion Petrochemical Facility in Texas
In March 2023, QatarEnergy and Chevron Phillips Chemical Company (CP Chem) held the official groundbreaking ceremony of the upcoming Golden Triangle Polymers Plant in Orange County, Texas. This significant project has a cost figure of $8.5 billion dollars and is expected onstream in 2026.
Shell Catalyst & Technologies Signs on to Provide Technology to Upcoming CSPC Phase 3 Project in China
CNOOC and Shell Petrochemicals Company Limited (CSPC), incorporated by China National Offshore Oil Corporation (CNOOC) and Shell, is one of the largest petrochemicals joint ventures in China. Following the success and outstanding performance of their existing Phase I and II projects, CSPC Phase III will include a new 1.6-MMtpy cracker, creating one of the world’s largest and most flexible integrated complexes. Shell Catalyst & Technologies’ (SC&T) unique technologies and catalysts have been chosen again to enable this major growth project, due to their competitive advantages and reliable performance.
Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada
Fluor (NYSE: FLR) announced today that it was awarded a reimbursable contract by Dow to provide front-end engineering and design (FEED) and engineering, procurement and construction management (EPCM) services for the world’s first net-zero carbon emissions (scope 1 and 2 carbon dioxide emissions) ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada. Fluor will book the initial FEED award in the first quarter and anticipates the additional EPCM scope will be awarded throughout 2023 pending a final investment decision by Dow’s Board of Directors.
INEOS Secures €3.5 Billion Financing for Project One
INEOS Olefins Belgium has today announced it has raised €3.5 billion to support the construction and operation of the most environmentally sustainable cracker in Europe.
PetroChina again selects differentiated LyondellBasell Polyethylene (PE) technology
LyondellBasell announced today that PetroChina Jilin Petrochemical Company will again license LyondellBasell’s polyethylene technology at their facility located in Jilin City, Jilin Province, P.R. of China. The newly licensed technology will comprise of LyondellBasell’s leading high-pressure Lupotech process technology which will be used for both a 100 kiloton per year (KTA) Autoclave and a 300 KTA Tubular line. Both production trains will produce mainly low-density polyethylene (LDPE) with ethylene vinyl acetate copolymers (EVA). Furthermore, an additional 400 KTA Hostalen “Advanced Cascade Process” (ACP) line for the production of high density polyethylene (HDPE) will be built at the same time.
INEOS & LOTTE to build new 250,000 tonne Vinyl Acetate Monomer (VAM) Plant in Ulsan, South Korea
LOTTE INEOS Chemical has today announced plans to increase VAM production capacity from the current 450,000 tonnes to 700,000 tonnes with the addition of a third VAM plant. The new plant is scheduled to start-up by the end of 2025.
Emerson Selected to Automate Largest Ethane Cracker in Middle East
Global software and engineering leader Emerson (NYSE: EMR) will provide automation technologies, software and analytics for the Ras Laffan Petrochemical Complex in Qatar as part of a consortium with Viasat Energy Services, a division of global communications company Viasat (NASDAQ: VSAT). The $6 billion integrated polymers project, a joint venture between QatarEnergy and Chevron Phillips Chemical, is currently under construction and scheduled to go online in late 2026.
TA’ZIZ and Proman Sign Shareholders’ Agreement to Develop UAE’s First Methanol Facility
bu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG (Proman), one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the United Arab Emirates’ (UAE) first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais Industrial City, Abu Dhabi.
BASF Breaks Ground on MDI Capacity Expansion Project at Geismar Site
BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, announced in July 2022. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of the decade to support the ongoing growth of its North American MDI customers.
QatarEnergy and Chevron Phillips Chemical Make a $6 Billion FID for the Ras Laffan Petrochemical Complex in Qatar
In early January 2023, QatarEnergy announced that it had made a Final Investment Decision alongside Chevron Phillips Chemical (CPChem) to build the Ras Laffan Petrochemicals Complex in Qatar for $6 billion dollars. QatarEnergy stated that this is the largest petrochemical investment in Qatar that they have ever made.
Technip Energies Awarded a Proprietary Equipment Contract by Chevron Phillips Chemical and QatarEnergy for the Golden Triangle Polymers Ethane Cracker
Technip Energies has been awarded a contract for the supply of proprietary cracking furnaces for the 2,000 kta(2) ethane cracker for the Golden Triangle Polymers project, a joint venture between Chevron Phillips Chemical (CPChem) and QatarEnergy, along the Gulf Coast in Orange, Texas.
Unique Crude-to-Chemicals Technology Set to Deploy in First Commercial Development
Lummus Technology, a global provider of process technologies and value-driven energy solutions, today announced that its licensed TC2CTM crude-to-chemicals technology will move forward in its first commercial deployment through S-Oil’s Shaheen Project in South Korea.
Aramco, Sinopec and SABIC expand refining and petrochemical cooperation
The Saudi Arabian Oil Company (“Aramco” or “the Company”), one of the world’s leading integrated energy and chemicals companies, China Petroleum and Chemical Corporation (“Sinopec”) and SABIC, are exploring collaboration across refining and petrochemical projects in China and Saudi Arabia.
Aramco and TotalEnergies to build a giant petrochemical complex in Saudi Arabia
The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia. The “Amiral” complex will be owned, operated, and integrated with the existing SATORP refinery located in Jubail on Saudi Arabia’s eastern coast. The investment decision is subject to customary closing conditions and approvals.
INEOS and SINOPEC sign Joint Venture agreement for a brand new petrochemicals complex in Tianjin, China
INEOS and SINOPEC have today announced a new Joint Venture agreement that will see INEOS acquire a 50% share in the existing Tianjin Nangang Ethylene Project from SINOPEC. The project is currently building a 1.2 million tonne ethane cracker, expected to come on-stream at the end of 2023, and downstream derivative plants in Tianjin, China.
ExxonMobil doubles polypropylene production at Baton Rouge
ExxonMobil today announced the successful startup of its new polypropylene production unit at the Polyolefins Plant in Baton Rouge, Louisiana.
Axens Achieved the Guaranteed Performance of its First Ethanol-to-Ethylene Atol® Plant with Sumitomo Chemical
In May 2022, Axens have demonstrated the successful start-up of the first ethanol-to-ethylene pilot plant based on Axens Atol® technology with Sumitomo Chemical, which is going on the waste-to-polyolefins project in Japan. At full rollout, this project will attain the production of waste-based polyolefin at industrial scale, representing a step forward towards a circular economy based on renewable carbon.
