Under the agreement, both the organisations will combine their specialisations and form a new company under one umbrella brand. The new firm is expected to possess a volume of 2.5 billion dollars.
Saudi Arabian Sabic invests large sums in the modernisation of petrochemical plants at the former DSM site Geleen. The revamp, including an upgrade of the onsite Naphtha Olefins 4 cracker will include a major maintenance shutdown in 2013, company speakers stated.
The understanding of complex market scenarios and the ability to react to sudden changes, can often make or break an established business. This scenario has more implications in chemical companies has the risks are higher. This article takes a closer look at how technology can help over power issues and steer a company in the right direction.
With an investment of 1.39 billion dollars, the new complex is expected to handle an annual production capacity of 200,000 tonnes of polyether polyol. Once completed, the project will make MOL the only integrated producer of polyether polyols in Central and Eastern Europe.
United Chemical Company Shchekinoazot Shchekinoazot launched a methanol and ammonia co-production plant licensed by Haldor Topsoe in the Tula region of Russia. The new plant can produce 450,000 tons of methanol and 135,000 tons of ammonia per year and is based on Topsoe’s Imap technology.
Pumps and compressors account for a large share of energy consumption in process industry equipment. Best practice that can help further reduce consumption by this type of equipment will be a major theme at ACHEMA 2012 on June 18th to 22nd in Frankfurt/M., Germany. A key aspect to consider in this context is the contribution that control valves and sensors can make in enhancing process stability in automated production environments.
Evonik is investing a double-digit million dollar amount in the construction of a new multi-purpose facility at its Geesthacht location in Northern Germany, 30 km outside the city of Hamburg.
Demand for TPE is strongly focused on the largest economic powers: Currently, processors in China, the USA, Japan, and Germany combined account for about two thirds of global demand, Ceresana says in a study.
The India-based project is expected to process 1.2 million barrels of crude oil per day and will produce a range of refined petroleum as well as petrochemical products. Expected to be commissioned in 2022, the project aims to meet India’s fast-growing fuels and petrochemicals demand. Read more about the engineering mega project in the article.
A story of the replacement of the process control system – Cht R. Beitlich’s decentralized control system with isolated PDA had seen better days. Rather than helping to optimize production, it was tying up valuable resources. Changes to the system were tedious; replacement parts were getting harder and harder to come by. The company began surveying the market for an appropriate replacement. In the end, there was only one system that met all of their requirements.