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
Sika AG (Baar, Switzerland) has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia. With this new facility in one of the country’s main industrial agglomerations, Sika is positioning itself for continued growth in the dynamic Bolivian construction market.
Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) announced on Monday a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.
Lotte Chemical Corp. will invest 10 trillion won ($8 billion) on hydrogen and battery materials through 2030 to achieve annual revenue of 50 trillion won and carbon neutrality. The Korean chemical producer on Thursday unveiled its new corporate vision outlining key corporate strategies with focus on growth through hydrogen energy and battery materials businesses.
