Borealis said that it has reached an important milestone in the construction of its propane dehydrogenation (PDH) plant at Kallo, Belgium, said Chemweek.
The propylene splitter, one of the largest equipment items ever delivered to the port of Antwerp in one piece by ship, was successfully transported from the quay to the Borealis site at Kallo. The splitter is a distillation column, needed to split propane from propylene. It has a length of 105 meters, width of 10 meters and weight of 1,600 metric tons.
The PDH plant is Borealis’s most significant investment in Europe. The plant will have a targeted production capacity of 750,000 metric tons/year of propylene, making it one of the largest and most efficient facilities in the world. Production is expected to start by the end of 2022.
As MRC informed earlier, Borealis would not proceed with the development of a multi-billion-dollar integrated steam cracker and polyethylene (PE) project in Kazakhstan.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC’s ScanPlast report, Russia’s estimated PE consumption totalled 557,060 tonnes in the first three month of 2020, up by 7% year on year. High density polyethylene (HDPE) and linear low density polyethylene (LLDPE) shipments rose because of the increased capacity utilisation at ZapSibNeftekhim. Demand for LDPE subsided. At the same time, PP shipments to the Russian market was 267,630 tonnes in January-March 2020, down 20% year on year. Homopolymer PP and PP block copolymers accounted for the main decrease in imports.
By: Anna Larionova
Source: mrcplast
Neste Corporation’s Board of Directors has appointed Heikki Malinen, M.Sc. (Econ.), MBA (Harvard) as the President and CEO of Neste as of 2 November 2024, at the latest. Malinen joins Neste from Outokumpu Corporation where he has held the position of President and CEO since 2020.
Petrochemicals company Sasol has announced that CFO and executive director Hanré Rossouw will step down from his position, effective October 31. Sasol has started the process to appoint a successor. Rossouw will still oversee the publication of Sasol’s reports for the financial year ending June 30, to allow for a structured handover period.
Chemours announced its CFO Jonathan Lock has resigned from all positions within the company, according to an SEC 8-K filing on April 23. The resignation comes in the aftermath of the company announcing that Lock, former CEO Mark Newman, and principal accounting officer Camela Wisel, had been placed on administrative leave.
