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Chexpress - April 16, 2014




North America



Ethane cracker



Chevron Phillips Chemical Company LP has broken ground on its U.S. Gulf Coast Petrochemicals Project at its Cedar Bayou plant in Baytown, Texas. The project includes a 1.5 million metric tons/year ethane cracker in Baytown and two 500,000 metric tons/year capacity polypropylene facilities in Old Ocean, Texas. The estimated completion date for the project is in 2017.

New technologies



Statoil ASA is testing and aims to deploy up to 14 new technologies in the next five to ten years. The technologies are designed to reduce energy and water use when producing a barrel of bitumen from the company’s Canadian oil sands operations. The technologies have been included in plans for Statoil’s Comer Project in Alberta.

Agreement



The Linde Group has entered into an Enterprise Framework Agreement (EFA) with Shell Global Solutions International B.V. to build ethane cracking units globally. The EFA is for ten years with an option to be extended. The EFA covers the licensing, engineering, procurement and construction services, as well as the supply of proprietary equipment for ethane cracking units.

World



 

Investment



Petronas Chemicals Group Bhd and BASF Nederland BV have agreed to invest $462.82 million in an aroma ingredients complex in Pahang, Malaysia. The board of BASF Petronas Chemicals Sdn Bhd, a joint venture between BASF and Petronas Chemicals, approved the final investment decision. The first plant will come on stream in 2016.

Refinery and petrochemical project



Petroliam Nasional (Petronas) is proceeding with a $16 billion refinery and petrochemical integrated development called Rapid. Located in the Pengerang Integrated Complex in Johor, Malaysia, Rapid is scheduled to start refinery operations by early 2019. Other facilities in the complex will involve up to $11 billion of investment.

Contract



CB&I has been awarded a contract in excess of $40 million by Oman Oil Refineries and Petroleum Industries Company (Orpic) to provide ethylene technology and front end engineering and design (FEED) services for the Liva Plastics Project in Oman. CB&I’s scope includes FEED services for a 800,000 tons/year ethylene plant, pygas unit, MTBE and butane-1 unit, two polymer plants, a gas plant and pipeline, as well as the related off-sites and utilities.





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