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World Chemical News, August 2020, by chemwinfo

World Chemical News,  August 2020, by chemwinfo

World Chemical News, August 2020, by chemwinfo


14 August 2020

Celanese Announces Acetyl Intermediates

Price Increases


Asia Outside China (USD/MT)

Ethyl Acetate $50

Butyl Acetate $50


EMEA (EUR/MT)

Vinyl Acetate Monomer €100


South America & Mexico (USD/MT)

Vinyl Acetate Monomer $125


USA & Canada (USD/LB)

Vinyl Acetate Monomer $0.03

Read more

13 August 2020


Neste to supply sustainable aviation fuel to

three major U.S. airlines


Neste,

the world’s largest producer of renewable diesel

and sustainable aviation fuel (SAF)

produced from waste and residue raw materials,

is supplying 

Alaska Airlines, American Airlines

 and JetBlue Airways 

with sustainable aviation fuel for flights

from San Francisco International Airport (SFO).


The low-carbon and high-quality fuel

will contribute to each airline’s efforts

to reach their climate goals.


Read more


Neste and Finnair partner to reduce

CO2 footprint of flying

with sustainable aviation fuels..Read more 



13 August 2020

Haldor Topsoe and BASF collaborate

to offer ammonia producers

new optimization possibilities with

ClearView™ connected services


◼ Topsoe and BASF have entered into an agreement

   to include BASF’s simulation tool,

   OASE® connect,

   in ClearView™ Ammonia, Topsoe’s leading

   connected service solution for ammonia producers.


◼ The OASE® connect simulation tool processes

   near real-time data from

   BASF CO2 removal sections

   so ClearView™ Ammonia

   can now give customers complete insight into

   the status and optimization potential

   of their ammonia plant operation.


◼ The ClearView™ Ammonia solution provides customers

   with valuable information

   from all main units in the ammonia plant.

   The service also includes support from

   Topsoe experts, turning the information into action.

Read more

13 August 2020


AkzoNobel makes waves in China with

water-based renewal of major plant.


As Chinese customers and consumers demand

more eco-premium water-based decorative paints,

AkzoNobel’s Guangzhou plant aims to deliver.


A huge automation upgrade will have it running

at full production of exclusively water-based products.


Guangzhou is the last of four decorative paint plants

in China to completely switch to water-based products.


State-of-the-art technology will increase

its water-based paints production capacity

from 88 million liters to 140 million annually.


The plant’s upgrades will also bring

the company closer to

its overall sustainability ambitions,

which include 100% water reuse

at the most water intensive sites by 2030.


Once fully operational, Guangzhou will increase

water reuse by 70% and reduce waste water by 50%.


Significant reductions in electricity use

and VOC emissions are also expected.

Read more



12 August 2020


Kingdom of Thailand


Long Live Her Majesty Queen Sirikit,

The Queen Mother


Celebrating Her Majesty's Birthday Anniversary

12 August 2020



The Executives and staffs of www.chemwinfo.com

12 August 2020

Covestro, Goldwind and LZ Blades

develop world’s first 64.2-meter

full polyurethane wind turbine blade

• The blade satisfies the demand for

   longer and stronger wind blades

• Full polyurethane blade cuts costs

   while increasing efficiency

   for wind power enterprises


Decreased costs and increased benefits

for wind power enterprises


Test results showed that the polyurethane resin

displays better mechanical properties

compared with traditional epoxy resin.


As it does not require postcuring and

has a lower viscosity and faster infusion speed,

the polyurethane resin system can greatly improve

the efficiency of blade production, thus

increasing the competitiveness of blade manufacturers.


In the end, the solution with the polyurethane resin

is more cost competitive than

the one with the epoxy resin.


In addition, Goldwind has optimized the structural design

of the blade, giving better play to

the advantages of polyurethane’s mechanical properties

and infusion speed and ensuring

the smooth production of the blade.

Read more



11 August 2020

ExxonMobil and Global Clean Energy Holdings

sign agreement for renewable diesel.


ExxonMobil has signed an agreement with

Global Clean Energy Holdings

to purchase 2.5 million barrels

of renewable diesel per year for five years

from a converted California refinery starting in 2022.



The renewable diesel will be sourced

from a refinery acquired by Global Clean Energy

in Bakersfield, California, which is being retooled

to produce renewable diesel

from Global Clean Energy’s patented varieties of

camelina,

a fallow land crop that does not displace food crops,

and other non-petroleum feedstocks.


Following scheduled production startup in 2022,

ExxonMobil plans to distribute

the renewable diesel within California

and potentially to other domestic

and international markets.


Based on analysis of

California Air Resources Board (CARB) data,

renewable diesel from various non-petroleum

feedstocks can provide

life-cycle greenhouse gas emissions reductions

of approximately 40 percent to 80 percent

compared to petroleum-based diesel.

Read more



9 August 2020

>>DOWNLOAD ARAMCO H1 2020 PRESENTATION


Aramco navigated challenging market conditions

to record net income of $6.6 billion

for the second quarter

and $23.2 billion for the first half of 2020,

respectively, compared to $24.7 billion

and $46.9 billion in the corresponding periods of 2019.


This demonstrates Aramco’s agility, strength

and resilience across market cycles.


Free cash flow* was $6.1 billion in the second quarter

and $21.1 billion for the first half of 2020, respectively,

compared to $20.6 billion and $38.0 billion

for the same periods in 2019.

Read more


6 August 2020


INEOS Styrolution,

the global leader in styrenics,

and Recycling Technologies,

a specialist plastic recycling technology provider

announce today the signing of

a joint development agreement (JDA)

to further advance the development of

recycling of polystyrene in Europe.


Both companies share the same goals

to make plastics a sustainable material.


This agreement recognises the commercial value

of post-consumer plastic waste

to prevent this important resource

being incinerated or ending up in landfills.


INEOS Styrolution has extensive knowledge

and expertise in polymer science and production

backed by its advanced technology and process.


Recycling Technologies possesses

extensive knowledge, technology

and expertise in the area of building reactors,

suitable to thermally recycle mixed plastics

using pyrolysis.

Read more


Recycling Technologies’ first site in Europe will be located

at the Brightlands Chemelot Campus in the Netherlands..Read more


Neste and Mirova back Recycling Technologies to accelerate transition

to circular economy for plastic..Read more



Citeo, Total, Recycling Technologies,Mars and Nestlé Join Forces

to Develop Chemical Recycling of Plastics

in France..Read more




4 August 2020


bp today introduces a new strategy

that will reshape its business as it pivots from being

an international oil company

focused on producing resources to

an integrated energy company

focused on delivering solutions for customers. 

 

Within 10 years, bp aims to have increased

its annual low carbon investment 10-fold

to around $5 billion a year, building out

an integrated portfolio of low carbon technologies,

including renewables, bioenergy and early positions

in hydrogen and CCUS.


By 2030, bp aims to have developed

around 50GW of net renewable generating capacity

– a 20-fold increase from 2019 –

and to have doubled its consumer interactions

to 20 million a day. 


Over the same period, bp’s oil and gas production

is expected to reduce by at least

one million barrels of oil equivalent a day,

or 40%, from 2019 levels.


Its remaining hydrocarbon portfolio is expected

to be more cost and carbon resilient.

 

By 2030, bp aims for emissions from its operations

and those associated with the carbon in

its upstream oil and gas production

(addressed by Aim 1 and Aim 2 of bp’s net zero ambition)

to be lower by 30-35% and 35-40% respectively.

Read more


Helge Lund,

chairman

“Energy markets are fundamentally changing,

  shifting towards low carbon,

  driven by societal expectations, technology and

  changes in consumer preferences.

 

  And in these transforming markets,

  bp can compete and create value, based on

  our skills, experience and relationships.


  We are confident that the decisions

  we have taken and the strategy

  we are setting out today

  are right for bp, for our shareholders,

  and for wider society.”


Bernard Looney,

chief executive officer

“We bring with us over 100 years of experience

  steeped in the world of energy.
  We understand energy markets deeply,
  and have developed unique capabilities in
  trading, marketing, technology and innovation.

 And we are not starting from scratch in this new world.
  From our Lightsource bp joint venture
  – now in 13 countries –
  to our electric vehicle charging partnership
  with DiDi in China,
  and our industry-leading convenience partnerships
  with M&S in the UK and REWE in Germany –
  we are already building scale and capability.”

4 August 2020


Acquisition of PET Recycling Facilities in Poland



Indorama Ventures Public Company Limited

(“IVL” or the “Company”) would like to inform that

it has, through its indirect subsidiary

Indorama Netherlands B.V.,

signed a Conditional Share Purchase Agreement

on 3rd August 2020, with

O.R.V. Ovattificio Resinatura Valpadana S.P.A.

and OPOKA LTD.,

to acquire a 100% equity stake of

Industrie Maurizio Peruzzo Polowat spółka

z ograniczoną odpowiedzialnością

(“IMP Polowat”),

a limited liability company incorporated

under the laws of Poland.


IMP Polowat consists of two production sites

located in Bielsko-Biala and Leczyca,

Poland and processes post-consumer PET into

Recycled Polyethylene Terephthalate (rPET)

flakes and pellets,

with a combined capacity of

approx. 27,000 tonnes/annum,

consisting of 23,000 tonnes rPET flakes

and 4,000 tonnes of rPET pellets.


This facility will be an attractive recycling platform

for IVL in Eastern Europe, and will open up

new opportunities to meet

the increasing rPET demand

for more sustainable packaging solutions.


The combination of access to local bottle supply

and trusted product quality will secure opportunity

for IVL for growth and expansion over time.


The acquisition is consistent with

IVL’s ambitious target

in scaling its recycling capacity

to reach 750,000 tonnes by 2025.

Read more




4 August 2020

ADNOC L&S and Wanhua Chemical Group

form Strategic Shipping Joint Venture.


The new company named

AW Shipping Limited

is incorporated in

Abu Dhabi Global Market (ADGM)

in the United Arab Emirates (UAE).


This strategic JV agreement further strengthens

the collaboration between

ADNOC and Chinese companies

and builds on the deep-rooted bilateral relations

between China and the UAE.


The JV underscores ADNOC’s focus

on value-creating deals

and will support the delivery

of its 2030 smart growth strategy.


AW Shipping Limited (AW Shipping)

will own and operate a fleet of

very large gas carriers (VLGCs)

and modern product tankers.


The company will be responsible for

transporting LPG cargoes

and other petroleum products,

sourced from the ADNOC Group and global suppliers,

to Wanhua Group’s manufacturing bases

in China and around the world.


To deliver maximum fleet eciency, the company

may also pursue other market opportunities.

Read more



3 August 2020


Lightning strike at Olefins facility in USA

Indorama Ventures Public Company Limited (“IVL”)

would like to inform that on August 01, 2020

there was a lightning strike

at Indorama Ventures Olefins LLC (“IVOL”) facility

in Westlake, Louisiana, USA resulting in

a plant trip of the facility and subsequent flaring.


There is no danger to the site, employees

or surrounding community.


The plant is currently offline

and being assessed by plant personnel.


All appropriate regulatory officials have been notified.


The site has an ethylene production capacity

of 440 kilotons per annum (KTA) and is covered by

a comprehensive insurance policy.

Read more


1  August 2020


Read more

CREDITS :

WEBSITES OF LEADING CHEMICAL,

PETROCHEMICAL, OIL AND GAS COMPANIES

and

WWW.SET.OR.TH,

WWW.BOI.GO.TH

AUGUST 2020

Link to Leading chemical news websites 

chemanager-online

chemical engineering

chemicalprocessing

chemistryworld

chemweek

chemeurope

ICIS

refiningandpetrochemicalsme

PLATTS

spechemonline

Worldofchemicals



WWW.CHEMWINFO.COM  BY KHUN PHICHAI


CREDITS :

WEBSITES OF LEADING CHEMICAL,

PETROCHEMICAL, OIL AND GAS COMPANIES

and

WWW.SET.OR.TH,

WWW.BOI.GO.TH

and other leading organizations


WWW.CHEMWINFO.COM  BY KHUN PHICHAI  

Tags : World  Chemical  News  August  2020  by  chemwinfo

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