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APM terminals set to build container terminal
June 2004
Pump Industry Analyst
MARKET PROSPECTS
AKER KVAERNER AWARDED OVERHAUL PROJECT Invista, previously DuPont Textiles & Interiors, has awarded AK Engineering Services, part of the Aker Kvaerner group, a contract to overhaul and upgrade the ketone alcohol non-boric section of its adipic acid plant, which is based at Wilton, Teesside, UK. The plant upgrade involves replacing the boric acid technology with a high yield hydrogenation step in the cyclohexane oxidation process. This will make the process more environmentfriendly than the current method of production, says Aker Kvaerner. The entire project is expected to be worth about £10.5 million. However, initially the company’s contract will encompass the front-end works, valued at £2.5 million. The entire project is scheduled to be completed by early October 2004.
WATER & WASTEWATER
Highlights of the project include a collection system, a secondary wastewater treatment facility rated at 3000 m3/day, and secondary sewage treatment system that removes 90% of total suspended solids and high levels of other contaminants Construction work has begun and is scheduled to be completed during 2006.
FUNDING AGREED FOR CANADIAN PROJECTS In Canada, the federal and Ontario governments have signed a C$900 million deal covering infrastructure projects. The money will help small towns comply with drinking water standards, improve sewage treatment and waste management, fix bridges, and help address other health and safety priorities. The federal share of the programme is worth C$298 million over a five-year period.
PETROCHEMICALS
EPCOR TO DESIGN AND BUILD FOR SOOKE SEWER
FORD AND BP WORK TOWARDS HYDROGEN ECONOMY
The District of Sooke in British Columbia, Canada, has chosen Epcor Utilities Inc to design, build and operate a complete sewer system for the core area of the community of around 8700 people located west of the province’s capital, Victoria. The capital cost of the project is C$22.7 million, which includes a C$11.6 million grant from the CanadaBritish Columbia Infrastructure Program. The improved infrastructure will enhance environmental health and economic growth in the municipality.
Ford Motor Co and BP plc are aiming to move the USA closer to a hydrogen economy. Ford intends to place up to 30 hydrogen-powered vehicles, and BP plans to build a network of fueling stations to support them, in metropolitan Sacramento, Orlando and Detroit. The proposed fleets and fuelling stations are in response to the US Department of Energy’s (DOE) solicitation, entitled ‘Controlled Hydrogen Fleet and Infrastructure Demonstration and Validation Project’.
4
BP plans to install a network of stations, demonstrating fuelling technologies, to support the hydrogen fuel cell vehicles. Some BP hydrogen refuelling stations will evaluate technologies that have near-term commercial feasibility, such as reformation of natural gas, while others will explore more long-term technology options and assess the potential to produce renewable hydrogen that achieves US DOE hydrogen fuel cost targets.
SUMITOMO TO BUILD SAUDI PLANT Sumitomo Chemical Co and Saudi Arabian Oil Co are planning to form an equally owned company to build a US$4.3 billion integrated refining and petrochemical complex in the Saudi Red Sea town of Rabigh. The plant, which will come on stream in late 2008, will be one of the largest in the world, and will be capable of producing around 1.3 million tonnes of ethylene and about 900 000 million tonnes of propylene per year, 80 000 barrels of petrol per day, in addition to other refined products. The project will also include a plant to produce chemical products using natural gas.
MARINE & SHIPBUILDING SAMSUNG WINS ORDER FOR 10 VESSELS Samsung Heavy Industries has won orders worth US$900 million for 10 vessels, including two liquefied natural gas (LNG) carriers for Malaysia, four very large container carriers (VLCCs) for Canada and four oil tankers for Greece.
The two 145 000 deadweight tonnage LNG carriers are ordered by MISC of Malaysia. This raises the total of LNG carrier orders to three for this year following the success of winning nine out of 16 orders for LNG carriers in 2003. The 9600 TEU (twentyfoot equivalent units) container carriers ordered by Seaspan of Canada are believed to be the largest container carriers in the world, while the four tankers ordered by Ceres of Greece are IceClass oil tankers that have ice-resistant structure.
APM TERMINALS SET TO BUILD CONTAINER TERMINAL APM Terminals North America Inc has announced plans to build a container terminal located on the Elizabeth River in Portsmouth, Virginia. Dredging is expected to start later this year, and construction of the terminal is scheduled to be completed during 2007. The facility will feature 1219 m of deep-water berth space (four times the current amount), and serve as a MidAtlantic platform for future growth. The project is to be carried out with careful consideration for the environment and in close cooperation with local, state and federal governmental and environmental agencies. The company has also committed to providing US$5 million to create the Elizabeth River Trust to support environmental activities in the region. APM Terminals, which has its corporate headquarters in The Hague, The Netherlands, is a global container terminal operator with activities in more than 30 ports worldwide, generating an annual throughput of more than 22 million TEU (twenty-foot equivalent units) from about 60 leading shipping lines.
Pump Industry Analyst
MARKET PROSPECTS
AKER KVAERNER AWARDED OVERHAUL PROJECT Invista, previously DuPont Textiles & Interiors, has awarded AK Engineering Services, part of the Aker Kvaerner group, a contract to overhaul and upgrade the ketone alcohol non-boric section of its adipic acid plant, which is based at Wilton, Teesside, UK. The plant upgrade involves replacing the boric acid technology with a high yield hydrogenation step in the cyclohexane oxidation process. This will make the process more environmentfriendly than the current method of production, says Aker Kvaerner. The entire project is expected to be worth about £10.5 million. However, initially the company’s contract will encompass the front-end works, valued at £2.5 million. The entire project is scheduled to be completed by early October 2004.
WATER & WASTEWATER
Highlights of the project include a collection system, a secondary wastewater treatment facility rated at 3000 m3/day, and secondary sewage treatment system that removes 90% of total suspended solids and high levels of other contaminants Construction work has begun and is scheduled to be completed during 2006.
FUNDING AGREED FOR CANADIAN PROJECTS In Canada, the federal and Ontario governments have signed a C$900 million deal covering infrastructure projects. The money will help small towns comply with drinking water standards, improve sewage treatment and waste management, fix bridges, and help address other health and safety priorities. The federal share of the programme is worth C$298 million over a five-year period.
PETROCHEMICALS
EPCOR TO DESIGN AND BUILD FOR SOOKE SEWER
FORD AND BP WORK TOWARDS HYDROGEN ECONOMY
The District of Sooke in British Columbia, Canada, has chosen Epcor Utilities Inc to design, build and operate a complete sewer system for the core area of the community of around 8700 people located west of the province’s capital, Victoria. The capital cost of the project is C$22.7 million, which includes a C$11.6 million grant from the CanadaBritish Columbia Infrastructure Program. The improved infrastructure will enhance environmental health and economic growth in the municipality.
Ford Motor Co and BP plc are aiming to move the USA closer to a hydrogen economy. Ford intends to place up to 30 hydrogen-powered vehicles, and BP plans to build a network of fueling stations to support them, in metropolitan Sacramento, Orlando and Detroit. The proposed fleets and fuelling stations are in response to the US Department of Energy’s (DOE) solicitation, entitled ‘Controlled Hydrogen Fleet and Infrastructure Demonstration and Validation Project’.
4
BP plans to install a network of stations, demonstrating fuelling technologies, to support the hydrogen fuel cell vehicles. Some BP hydrogen refuelling stations will evaluate technologies that have near-term commercial feasibility, such as reformation of natural gas, while others will explore more long-term technology options and assess the potential to produce renewable hydrogen that achieves US DOE hydrogen fuel cost targets.
SUMITOMO TO BUILD SAUDI PLANT Sumitomo Chemical Co and Saudi Arabian Oil Co are planning to form an equally owned company to build a US$4.3 billion integrated refining and petrochemical complex in the Saudi Red Sea town of Rabigh. The plant, which will come on stream in late 2008, will be one of the largest in the world, and will be capable of producing around 1.3 million tonnes of ethylene and about 900 000 million tonnes of propylene per year, 80 000 barrels of petrol per day, in addition to other refined products. The project will also include a plant to produce chemical products using natural gas.
MARINE & SHIPBUILDING SAMSUNG WINS ORDER FOR 10 VESSELS Samsung Heavy Industries has won orders worth US$900 million for 10 vessels, including two liquefied natural gas (LNG) carriers for Malaysia, four very large container carriers (VLCCs) for Canada and four oil tankers for Greece.
The two 145 000 deadweight tonnage LNG carriers are ordered by MISC of Malaysia. This raises the total of LNG carrier orders to three for this year following the success of winning nine out of 16 orders for LNG carriers in 2003. The 9600 TEU (twentyfoot equivalent units) container carriers ordered by Seaspan of Canada are believed to be the largest container carriers in the world, while the four tankers ordered by Ceres of Greece are IceClass oil tankers that have ice-resistant structure.
APM TERMINALS SET TO BUILD CONTAINER TERMINAL APM Terminals North America Inc has announced plans to build a container terminal located on the Elizabeth River in Portsmouth, Virginia. Dredging is expected to start later this year, and construction of the terminal is scheduled to be completed during 2007. The facility will feature 1219 m of deep-water berth space (four times the current amount), and serve as a MidAtlantic platform for future growth. The project is to be carried out with careful consideration for the environment and in close cooperation with local, state and federal governmental and environmental agencies. The company has also committed to providing US$5 million to create the Elizabeth River Trust to support environmental activities in the region. APM Terminals, which has its corporate headquarters in The Hague, The Netherlands, is a global container terminal operator with activities in more than 30 ports worldwide, generating an annual throughput of more than 22 million TEU (twenty-foot equivalent units) from about 60 leading shipping lines.