Temperature sensors to bring advancement for petrochemical plants

A new report from Global Industry Analysts has indicated that new temperature sensor technology could become commonplace in the petrochemical industry in the next five years.  GIA has predicted a USD$4.5 billion annual market by 2018 – an interesting segment in it’s own right, but with our industry to benefit alongside countless others.

Maintaining optimal working conditions is key, and proves a difficult and costly process.  Plants are expensive operations at the best of times, much cheaper methods to refine productivity will always triumph.

This proliferation has led to a range of products emerge – including thermocouple sensors, Resistance Temperature Detector (RTD) sensors, Infrared sensors are the most secure; with MEMS and smart sensors are also shaping strong in the next few years.

These products are proving to be very popular and will be a strong consideration for petrochemical personnel in the coming years.

TOYO Awarded Ammonia Project in Indonesia

Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) has been awarded a contract to build an ammonia plant for PT Panca Amara Utama (PAU), a subsidiary of PT. Surya Esa Perkasa Tbk. (SEP), one of Indonesia’s leading LPG producing companies. The project involves construction of Ammonia Plant & related utility facilities for a 2,000 tons per day capacity plant in Luwuk, Central Sulawesi. The contract has been awarded to TOYO on a turnkey basis, covering Engineering, Procurement, Construction (EPC), and commissioning services. The ammonia process will be based on technology by KBR (Kellogg Brown & Root) of the U.S.A. TOYO will carry out the project together with PT Inti Karya Persada Tehnik (IKPT), an Indonesian engineering firm part of the TOYO group. The plant is scheduled to be completed in the third quarter of 2015.

The project plan is to produce ammonia as a feedstock for downstream chemicals such as fertilizer, acrylonitrile, caprolactam and ammonium nitrate using natural gas produced from the Senoro and Toili natural gas fields in Central Sulawesi. The aim of the project is to realize effective utilization of domestically produced gas with enhanced value-add.

Since the 1970s, TOYO has implemented many plant construction and revamping projects in Indonesia. From the initial stage of project planning, TOYO has consistently collaborated with clients with various proposals and studies to accelerate project realization. TOYO’s experience and related contributions have led it to receive the contract through single resource negotiation.

In Indonesia, TOYO is currently constructing a large fertilizer plant in Bontang, East Kalimantan, and also received in December 2012 an order for another fertilizer project to be built in Palembang, South Sumatra.

Demand for fertilizer is growing, especially in emerging countries, due to increasing demand for food that mirrors the expanding growth in global population. A lot of new fertilizer plants are now in the planning stages in countries including Indonesia. As a urea technology licenser and as an EPC contractor of fertilizer plant projects, TOYO will strive to extend its business to meet increasing demand in those countries.

Toyo Image 1

The full article is visible below: http://www.toyo-eng.co.jp/en/company/news/2013/20130228/index.html

Nitrogen Prices Ease On World Market

I found this article published earlier this week in the Weekly Fertilizer Review; it brilliantly displays many of the business aspects and trends over the recent decade.

Adequate supplies appear to be slowly starting to pressure nitrogen prices on global markets, with a world economy that continues to miss-fire keeping demand less than robust. Prices are expensive, but continue to show no signs on any spring surge.

Ammonia prices fell $18.15 a ton out of the Black Sea, with the international benchmark price down to $499 a ton. The Gulf index could also reset lower for March; it’s currently teetering at $595, suggesting a potential drop of $30 to stay competitive with imports. Those prices suggest a retail price around $825, which is available in some areas. Costs on central and southern Plains were running $800 to $825 in many locations, even before prepay discounts. USDA put the average price in Iowa this week at $881, up around $4 in a range from $850 to $920.

UAN prices added another $2.50 a ton at the Gulf, the seven straight week of increases with the price now put at $340 a ton for 32%. The solution remains popular as farmers in the west especially look for products that give them the most flexibility for application, due to uncertain weather and crop conditions. Prices for swaps into April don’t look a lot higher, however, suggesting the market may be getting uncompetitive. Our current fair value cost for 28% based on the current market is $382. Prices on the central and southern Plains are running $350 to $385. USDA said the average price in Iowa fell $19 for 28% to $393, in a range from $384 to $405.

Urea prices broke for the second straight week on wholesale markets, with Chinese exports and and a big import lineup in the U.S. weighing on prices. The Black Sea was off another $27.20 to $362.80, while the Gulf dropped $7 to $413.25. Swaps for April are a few bucks higher than that, but May through September are lower, as is the Black Sea. Those benchmark prices suggest a retail price around $545; costs on the central and southern Plains ranged from $530 to $580. Charges in Iowa remain higher; the average found by USDA was $615, up $12, in a range from $570 to $680.

Phosphate prices showed little movement again this week, with lack of demand from India still weighing on prices internationally. The Gulf index for DAP edged $3 lower to $465.40, though export prices were up slightly. Forward prices show little movement, with June quoted at $447.50. Current wholesale prices indicate a fair value between $555 and $565, though dealers on the central and southern Plains were higher at $596 to $630. USDA said the cost of MAP rose $11 to $678.50 this week.

Potash prices remain soft, with the market continuing to drift despite better movement at lower prices internationally. Current wholesale prices suggest a fair value retail expense of around $550, with fundamentals, including large inventories, projecting $535. Dealers on the central and southern Plains were at $550 to $595, though some remain much higher. The price in Iowa this week was little changed, according to USDA, with the average at $606 in a range from $560
to $675.

The full article, including a range of insightful graphs, can be viewed via the link below: http://farmfutures.com/mdfm/Faress1/author/252/2013/2/WFertR022713.pdf