19th December: refining and petrochemicals news

It’s been an interesting few weeks leading up to the end of 2013 for the petrochemical industry.  This article examines the key factors affecting decision making across the globe.

Brazil

Following a fire that broke out at the REPAR refinery earlier this month, there has been an announcement that the facility should be back online in the next few days. The plant is owned by Petrobras and is responsible for providing approximately 10% of the country’s refining capacity.

Canada

Between 2014 and 2018, NOVA Chemicals is planning to increase ethylene production at is Corunna, Ontario cracker. The company wants to increase output by 20%, following the completion of revamp works next year to convert to cracker to process NGL feedstock.

The Transportation Departments in Idaho and Montana are working with Mammoet USA South on transporting refinery equipment to the Great Falls refinery in Canada. The 1.6 million lbs of equipment is part of a US$ 400 million expansion at the Calumet Montana Refining owned facility.

Europe

It has been reported that petrochemical companies in Northwest Europe are continuing to use naphtha feedstocks over propane. This is mainly due to a price disparity between the two products. Propane is now too expensive to crack when compared to naphtha.

GCC

The Gulf Cooperation Council’s (GCC) petrochemicals industry has taken positive steps over the last two years towards environmental sustainability. The above is according to the Gulf Petrochemicals and Chemicals Association (GPCA). The GCC has this year not only added processing capacity to its petrochemical industry but reduced greenhouse gas emissions.

Thailand

The Federation of Thai Industries’ Refinery Club have announced the country’s refining figures for 2013. Thai refineries averaged at 849 000 bpd this year with a total value of Bt 1.4 trillion. Refineries in the country utilised on average 86% capacity.

Turkmenistan

A large scale product for the expansion and modernisation of the commodity and raw materials base of the Turkmenbashi oil refinery complex (TCOR) is currently underway. The plans include the construction f 12 storage tanks with a capacity of 90 000 m3. Six tanks will be located at the Turkmenbashi refinery, five at the Kenar tank storage farm and one at the Seidi refinery.

USA

BP has started up a new coker at the Whiting Refinery. This marks the final milestone in the US$ 4.2 billion upgrade project that has been carried out at the plant. The new coker has a processing capacity of 102 000 bpd and will allow the plant to process a higher volume of Canadian heavy crude oil.

By Claira Lloyd of Energy Global

The full article is visible via the link below – Pankaj Oswal

http://www.energyglobal.com/news/processing/articles/19th_Dec_refining_petrochemicals_news939.aspx#.UrONl_QW3X4

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Article: GCC petrochem sector posts 5.5% growth in 2012

The recent 2012 Annual Report of the Gulf Petrochemicals and Chemicals Association (GPCA) has reported that the Gulf Cooperation Council’s (GCC) petrochemical production increased by 5.5% in that year.  The GCC, the multilateral body comprising Saudi Arabia, Oman, UAE, Bahrain, Qatar and Kuwait, more than doubled the global 2.6% increase in production.  The relative surge is due, in part, to economic hardships facing European nations, indicating importance of operating in a healthy economic climate – but it is also clear that GCC countries are making the most of the plain sailing.

Petrochemicals production in the GCC increased by 5.5 per cent in 2012, despite a slowdown in global markets due to the recession in Europe, inventory discrepancies and a deterioration in manufacturing, according to the Annual Report 2012 of the Gulf Petrochemicals and Chemicals Association, or GPCA.

Now in its sixth edition, the yearly GPCA report provides a comprehensive overview of the major developments of the GCC petrochemicals industry in each of the six Gulf countries.

The report revealed that the GCC’s petrochemicals production capacity rose to 127.8 million tonnes in 2012, up from 121.1 million tonnes in 2011. In 2012, global petrochemical production grew 2.6 per cent, lower than the 3.8 per cent growth rate in 2011. With 6.1 million tonnes, petrochemicals production in the UAE currently accounts for 4.8 per cent of the total regional capacity.

However, with a capacity of 86.4 million tonnes, Saudi Arabia accounts for over half the GCC’s total petrochemicals capacity. An estimated six million tonnes of capacity came on stream in 2012, cementing the kingdom’s position as the region’s leading petrochemicals producer.

“As a host of major projects come online, along with a collection of significant new agreements, the GCC petrochemicals industry has demonstrated its potential as a market leader over the last year,” said Dr Abdulwahab Al Sadoun, secretary-general of the GPCA. “The GPCA is pleased to witness this market growth and recognise the contribution of every industry player across the region. We are optimistic about the future. Industry growth will transform the petrochemicals sector, into one that is focused on technology, sustainability and enduring partnerships.”

In 2012, the UAE continued its strategic expansion by awarding contracts for several key downstream projects in Abu Dhabi. Takreer, the Abu Dhabi oil refining company, was awarded a contract to build a carbon black and delayed coker plant in Ruwais. When completed in 2015, the plant will have an annual production capacity of 40,000 tonnes of carbon black, 430,000 tonnes of anode-grade coke and 520,000 tonnes of propylene.

Also in the pipeline is Abu Dhabi’s Tacaamol complex, which is being developed under the supervision of ChemaWEyaat. The project will convert over three million tonnes of naphtha a year to produce paraxylene, mixed xylenes and benzene.Petrochemicals production in the GCC increased by 5.5 per cent in 2012, despite a slowdown in global markets due to the recession in Europe, inventory discrepancies and a deterioration in manufacturing, according to the Annual Report 2012 of the Gulf Petrochemicals and Chemicals Association, or GPCA.

Now in its sixth edition, the yearly GPCA report provides a comprehensive overview of the major developments of the GCC petrochemicals industry in each of the six Gulf countries.

The report revealed that the GCC’s petrochemicals production capacity rose to 127.8 million tonnes in 2012, up from 121.1 million tonnes in 2011. In 2012, global petrochemical production grew 2.6 per cent, lower than the 3.8 per cent growth rate in 2011. With 6.1 million tonnes, petrochemicals production in the UAE currently accounts for 4.8 per cent of the total regional capacity.

However, with a capacity of 86.4 million tonnes, Saudi Arabia accounts for over half the GCC’s total petrochemicals capacity. An estimated six million tonnes of capacity came on stream in 2012, cementing the kingdom’s position as the region’s leading petrochemicals producer.

“As a host of major projects come online, along with a collection of significant new agreements, the GCC petrochemicals industry has demonstrated its potential as a market leader over the last year,” said Dr Abdulwahab Al Sadoun, secretary-general of the GPCA. “The GPCA is pleased to witness this market growth and recognise the contribution of every industry player across the region. We are optimistic about the future. Industry growth will transform the petrochemicals sector, into one that is focused on technology, sustainability and enduring partnerships.”

In 2012, the UAE continued its strategic expansion by awarding contracts for several key downstream projects in Abu Dhabi. Takreer, the Abu Dhabi oil refining company, was awarded a contract to build a carbon black and delayed coker plant in Ruwais. When completed in 2015, the plant will have an annual production capacity of 40,000 tonnes of carbon black, 430,000 tonnes of anode-grade coke and 520,000 tonnes of propylene.

Also in the pipeline is Abu Dhabi’s Tacaamol complex, which is being developed under the supervision of ChemaWEyaat. The project will convert over three million tonnes of naphtha a year to produce paraxylene, mixed xylenes and benzene.

The full article is visible via the link below – Pankaj Oswal

http://www.gpca.org.ae/news_details.php?nid=57