SINOPEC JV expansion gets the go-ahead

SINOPEC JV expansion gets the go-ahead

MARKET PROSPECTS The full-conversion refinery will have a processing capacity of 400 000 barrels per stream day of heavy crude oil. It will maximize p...

62KB Sizes 3 Downloads 198 Views

MARKET PROSPECTS The full-conversion refinery will have a processing capacity of 400 000 barrels per stream day of heavy crude oil. It will maximize production of diesel and jet fuels, and will also produce 700 000 tons per year (t/y) of paraxylene, 140 000 t/y of benzene and 200 000 t/y of polymer-grade propylene. Technip’s scope covers the engineering, procurement and construction of the contracts for the hydro and catalytic cracking conversion process units and for some of the utility units as well as the interconnecting network and process control system of the entire refinery. The contracts are scheduled for completion during the second quarter of 2013, and follow Technip’s successful execution of the front-end engineering design for this refinery.

Fluor wins Kearl oil sands contract in Canada

China approves SABIC’s BASF/SINOPEC JV joint project with expansion gets the Sinopec go-ahead

S

audi Basic Industries Corp (SABIC) has received official approval from the Chinese National Development and Reform Commission (NDRC) to participate jointly with China Petroleum & Chemical Corp (Sinopec) in the Tianjin petrochemical complex currently under construction in Tianjin, China. The complex is expected to be completed in September 2009 following an investment of around US$3 billion. The complex will have an overall production capacity of approximately 3.2 million tons of various petrochemical products, including one million tons of ethylene and other downstream products such as polyethylenes, ethylene glycol, polypropylene, butadiene, phenol and butene-1.

F

luor Corp has been awarded an engineering, procurement and construction contract for infrastructure and offlease facilities for the first phase of Imperial Oil’s Kearl oil sands project near Fort McMurray in Alberta, Canada. The Kearl project will be developed in three phases and could produce more than 300 000 barrels per day of bitumen. The first phase of the project is expected to begin production in late 2012. Meanwhile, Babcock & Wilcox Canada Ltd is to supply four modularized boilers for the project. The boilers will produce utility steam that will be used to supply various processes in the plant.

Halliburton to provide fluid services for Petrobras

H

alliburton has won a five-year US$190 million contract from Petrobras to provide drilling fluid, completion fluid and drilling waste management services in the offshore markets of Brazil. The contract includes service delivery in the shelf, deepwater and pre-salt areas of the Campos, Santos, and Espírito Santo basins. 4

Pump Industry Analyst

CHEMICALS

ExxonMobil Chemical expands Lillebonne facility

E

xxonMobil Chemical is increasing polypropylene (PP) compounding capacity and capability at its Lillebonne Polypropylene Plant (LPP) in France. Capacity will increase by 45 000 tons to meet growing demand for Exxtral performance polyolefins from automotive original equipment manufacturers (OEMs) primarily in Europe. The expansion is due for completion by the end of this year.

Dow to shut UK EOEG plant

T

he Dow Chemical Co is planning to close its ethylene oxide and glycol (EOEG) production facility at Wilton, UK by the end of January 2010. The decision to close the Dow Wilton EOEG plant reflects a number of factors including the ongoing economic recession.

T

he Chinese central government has approved the Joint Feasibility Study Report submitted by BASF and SINOPEC for the expansion of their joint venture, BASF-YPC Co Ltd (BYC), in Nanjing, China. BASF and Sinopec will jointly invest approximately US$1.4 billion in state-of-theart technologies to produce downstream specialty chemicals for the Chinese market. The investment includes the expansion of the existing steam cracker, the construction of 10 new chemical plants, and the expansion of three existing plants. The new facilities will be operational from 2011.

CARBON CAPTURE

E.ON awards pre-FEED contract for CO2 capture plant

A

consortium including Foster Wheeler Energy Ltd and Mitsubishi Heavy Industries Ltd (MHI) has entered into a technical services agreement with E.ON UK plc to perform the pre-front-end engineering design (pre-FEED) for a post-combustion carbon dioxide (CO2) capture plant proposed as part of E.ON’s new supercritical coal-fired power station in Kent, UK. E.ON is planning to replace its existing coal-fired units at Kingsnorth Power Station with two new high efficiency units using the latest “supercritical” technology to produce power from coal more efficiently and cleanly than ever before in the UK. The work to be undertaken by the Foster Wheeler/MHI consortium will support E.ON’s application to the UK Government for funding of a carbon capture and storage demonstration project. The CO2 capture plant will be designed to separate and capture CO2 from the flue gas generated by the coal-fired units, enabling the CO2 to be transported and stored permanently within a depleted gas reservoir under the North Sea, rather than being released into the atmosphere.

July 2009