Communicator

Eastman Longview site has been added.
Steam cracker facility and output have also been created.

#eastman #longview  #texas  #usa #steamcracking  #kbr 

Ras Laffan and Golden Triangle complexes' mass balances, technologies and flow charts | Sites' models by Portfolio Planning PLUS

Qatar Energy is embarking on a major expansion of its petrochemicals business, signaling a transformative phase for the country’s industrial sector and its global energy ambitions. The state-owned company has announced plans to more than double its petrochemical production capacity, with significant investments in both Qatar and the United States. This expansion is centered around the construction of world-scale ethane-based crackers, designed to meet the anticipated surge in global demand for plastics and chemical products as the industry shifts toward cleaner and more efficient energy sources.

At the heart of this strategy is the $6 billion Ras Laffan Petrochemical Complex, currently under construction in Ras Laffan Industrial City, about 80 kilometers north of Doha. This facility will house an ethane cracker with an ethylene production capacity of 2.1 million metric tons per year (MMtpy), making it the largest in the Middle East and one of the largest globally. The complex will also feature two polyethylene trains capable of producing a combined 1.7 MMtpy of high-density polyethylene (HDPE), raising Qatar’s overall HDPE output by about 50% and increasing ethylene production capacity by more than 40%. The project is a joint venture between Qatar Energy, which holds a 70% stake, and Chevron Phillips Chemical (CPChem), which owns the remaining 30%.

The Ras Laffan complex is expected to be operational by the end of 2026, at which point it will propel Qatar’s total petrochemical production capacity to approximately 14 million tons per year. This marks the largest single investment in Qatar Energy’s downstream sector and is a cornerstone of the company’s broader strategy to reinforce its position as a leading global energy player. The project is also notable for its focus on sustainability, with energy-saving technologies and emissions-reduction measures designed to lower the facility’s environmental footprint compared to similar plants worldwide.

Parallel to its domestic expansion, Qatar Energy is also investing heavily in the United States. In partnership with CPChem, the company is developing the Golden Triangle Polymers Plant in Orange, Texas. With a planned ethylene capacity of 2.1 MMtpy and two polyethylene units totaling 2.0 MMtpy, this $8.5 billion facility is expected to be one of the largest of its kind globally. Production is scheduled to commence in 2026, and the bulk of its output will be aimed at export markets, supporting the growing global demand for polyethylene products used in packaging, consumer goods, and industrial applications.

Qatari energy minister and Qatar Energy CEO Saad al-Kaabi said gas will be the world's energy "backbone"

These projects are underpinned by Qatar’s abundant natural gas resources, particularly from the North Field, the world’s largest non-associated natural gas field. The North Field Expansion project, which will increase Qatar’s liquefied natural gas (LNG) production capacity from 77 million to 110 million tons per year, is closely linked to the supply of feedstock for the new petrochemical facilities. Qatar Energy’s integrated approach, leveraging both upstream and downstream assets, is designed to maximize the value of its natural gas reserves and ensure long-term competitiveness in the global energy market.

Qatar Energy’s CEO, Saad Sherida Al-Kaabi, has emphasized that gas will remain a backbone for industry, power, chemicals, and food production for decades to come. He notes that the company’s investments in petrochemicals are a natural extension of its LNG leadership, enabling it to diversify revenues and support the country’s economic development. The projects also reflect a broader industry trend, with petrochemical producers worldwide investing in ethane crackers to capitalize on the availability of low-cost feedstock and to adapt to evolving market dynamics.

In summary, Qatar Energy’s aggressive expansion in the petrochemicals sector—both at home and abroad—signals a new era for the company and the country. By doubling its capacity and investing in state-of-the-art, environmentally conscious facilities, Qatar is positioning itself as a major global hub for petrochemical production, poised to benefit from the long-term growth in demand for plastics and chemical products worldwide.

#qatarenergy  #chevronphillips  #cpchem  #qatar  #naturalgas  #lng  #steamcracking  #worldscale  #goldentriangle  #raslaffan 

$5.2 Billion Vietnamese Project Records $304 Million Loss in 2024, Continues to Weigh Heavily on SCG’s Financial Results in Early 2025

The Long Son Petrochemical Complex (LSP), Vietnam’s first fully integrated petrochemical facility, has experienced a turbulent launch and operational trajectory since its much-anticipated commercial start-up in late 2024. This article aggregates the latest developments, contextualizes them within broader industry trends, and references previous communications that highlighted both optimism and early warning signs.

Background and Launch

Long Son Petrochemicals Co., Ltd., located in Ba Ria-Vung Tau and wholly owned by Thailand’s SCG Chemicals (a subsidiary of SCG Group), represents a $5.2–5.4 billion investment and is designed to produce 1.55 million tonnes of polyolefins (polyethylene and polypropylene) annually. The complex includes a world-scale, so-called Flex Feed Cracker with a capacity of 998,000 tonnes of ethylene, 500,000 tonnes of propylene, and 101,000 tonnes of butadiene per year, using naphtha, LPG, and soon, ethane as feedstock.

*Data from the Long Son Environmental Permit (in Vietnamese Language) dated August 30, 2023.

Interactive Process Flow Chart of Long Son Petrochemical Complex based on 2023's Environmental Permit Data | Unique Feature available only on Portfolio Planning PLUS Platform.

After years of construction and trial runs, LSP officially began commercial operations on September 30, 2024. The launch was heralded as a transformative step for Vietnam’s plastics and downstream manufacturing sectors, reducing reliance on imports and boosting local industry competitiveness.

Operational Suspension and Financial Losses

Despite the high-profile start-up, LSP suspended operations in mid-October 2024—just two weeks after commercial production began. This abrupt halt was attributed to:

• High production costs: Naphtha, the primary feedstock, remained expensive amid volatile crude oil prices.
• Weak global demand: A global downturn in the petrochemical market, exacerbated by oversupply and sluggish downstream demand, led to poor product margins.
• Low chemical spread: The spread between naphtha and polyethylene/polypropylene prices dropped to $300–$343 per tonne, below the threshold for profitable operations.

SCG Chemicals reported a staggering loss of $303.6 million from LSP in 2024, with monthly expenses at the complex reaching $35.5 million—40% of which are non-cash items like depreciation. The financial drag from LSP sharply reduced SCG’s consolidated profit, even as its other businesses remained profitable.

Capacity Questions and Technical Details

Our prior communication raised questions about the actual cracker capacity and the interpretation of trial run figures, whereby we issued a mass balancing challenge that still awaits contributions from users of the PPPLUS Platform.

Various data sources have reported diverging plant capacities for both the cracker and the downstream plants. In addition, calculated feedstock requirements to match the reported ethylene and propylene outputs are not making any sense in terms of cracker capacity. The figures we have used to generate the site's mass balance and process flow chart are taken from the Long Son Environmental Permit (in Vietnamese Language) dated August 30, 2023. During the brief operational window, initial output was reported at 74,000 tonnes—well below nameplate, reflecting the ramp-up phase and subsequent shutdown.

Strategic Adjustments and Future Plans

SCG has not abandoned the project. Instead, it is adapting the business model to address structural challenges:

• Feedstock flexibility: LSP is being retrofitted to use imported ethane as a primary feedstock, which offers better margins than naphtha. The company plans to invest an additional $400–700 million to enable the cracker to use up to two-thirds ethane, with completion targeted by end-2027.
• Cost management: SCG is implementing group-wide cost reductions and discontinuing unprofitable businesses, aiming to save 5 billion baht and cut working capital by 10 billion baht by early 2025.
• Potential restart: With recent improvements in polyolefin-to-feedstock spreads (averaging $396/t in April-May 2025), SCG is considering restarting LSP as early as August 2025, contingent on further margin recovery and market stability.

Long Son Petrochemical Complex Assets | Market Intelligence by Portfolio Planning PLUS

Market and Policy Environment

Vietnam’s government has signaled support for LSP’s expansion, promising to streamline procedures and facilitate stable gas imports, including ethane from the U.S.. However, the domestic market remains under pressure from competitive international polyolefin imports and subdued export demand.

Summary on Key Facts and Timeline

• Sep 30, 2024 - Commercial Start-up: Official launch of Vietnam’s first integrated petrochemical complex in Vietnam.
• Mid-Oct 2024 - Suspension of Operations: Halted after two weeks due to poor margins and high costs.
• Full Year 2024 - 2024 Financial Loss: $303.6 million loss from LSP; group profit slashed.
• 2025 - 2027 - Upgrade/Expansion Plans: $400–700 million investment to enable ethane feedstock; expansion under review.
• August 2025 (TBC) - Potential Restart: Dependent on market spreads and demand recovery.

Outlook

The Long Son Petrochemical Complex exemplifies both the promise and pitfalls of mega-projects in volatile global markets. While its technical capabilities and strategic significance remain intact, the project’s near-term viability hinges on market recovery, successful feedstock diversification, and continued government support. SCG’s willingness to invest further and adapt its strategy suggests a long-term commitment, but the road to profitability remains challenging and closely watched by industry observers.

#technipenergies  #basf  #mitsuichemicals  # univation #unipol  #hypol  #steamcracking  #lsp  #steamcracker  #vietnam  #crackerfeedstock  #massbalance  #longson  #scg 

Several assets with their respective technology and production capacity have been added.

#chloralkali #univation  #unipol  #olefinsplant  #steamcracking  #linde  #pvc  #thyssenkrupp  ##uhde #nucera 

The description of the Idemitsu Chiba complex has been updated.

#idemitsu #chiba  ##refining #petrochemicals  #steamcracking  #naphthacracker  #refinery  #oilrefinery  #japan 

Silleno project has been modelled, with technologies and their respective capacity identified, excepted for the ethylene  dimerization process.
 

#silleno #kazakhstan  #axens  #alphabutol  #cpchem  #martech  #adl  #martechadl  #dualloop  #bimodal  #univation  #unipolpe  #lummus  #steamcracker  #srt  #steamcracking  #gascracker  #ethylene  #polyethylene 

Dec 16, 2024 | Phillips 66 News Release

Two world-scale joint venture projects being developed by Chevron Phillips Chemical Company (CPChem) and QatarEnergy remain on track to start operations in 2026, Phillips 66 said on Monday. Phillips 66 and Chevron hold equal stakes in Chevron Phillips Chemical.

The US project is Golden Triangle Polymers, an integrated polyethylene (PE) complex in Orange, Texas. Chevron Phillips holds a 51% stake, and construction started in 2023.

The Qatari project in Ras Laffan is another integrated PE project. It is a 70:30 joint venture between QatarEnergy and CP Chem. Construction on this project started in 2024.

Remarquably, these two ethane crackers employing Technip tecnology will be the world's two largest, producing each above 2 Mt/a of ethylene when they are starting up, and each of the two CPChem MarTECH Single Loop polymerization plants also the world's largest with an output of 1 Mt/a of HDPE each at Golden Triangle and 850 Kt/a each at Ras Laffan.


#phillips  #chevron  #qatarenergy  #cpchem  #technip  #martech  #slurryloop  #ethylene  #polyethylene  #raslaffan  #goldentriangle  #steamcracking

Construction is under way for S-Oil's $7 billion Shaheen petrochemical project in Ulsan (Credit: S-Oil)

Ulsan, South Korea – February 17, 2025 – S-Oil, a leading South Korean refiner, has announced that its $7 billion Shaheen petrochemical project in Ulsan has reached 55% completion in engineering, procurement, and construction. This major initiative, featuring one of the world’s largest integrated steam crackers, is on track for mechanical completion in the first half of 2026, with commercial operations starting in the second half. Utilizing thermal crude-to-chemicals (TC2C) technology developed with Saudi Aramco and Lummus Technology, the project will produce 1.8 million tons of ethylene annually, doubling S-Oil’s petrochemical output to 25% and boosting South Korea’s economy with up to 17,000 jobs during peak construction.

#soil  #aramco  #lummus  #southkorea  #korea  #shaheen  #tc2c  #crudeoiltochemicals  #oiltochemicals  #steamcracking  #ethylene  #ulsan 

A detailed description of the TC2C crude oil to chemical conversion process has been added.


#lummus  #aramco  #clg  #chevronlummusglobal  #crudeoiltochemicals  #oiltochemicals  #refineryintegration  #steamcracking  #lpg  #naphtha  #olefins  #aromatics  #ctc  #cotc  #coc  #tc2c  #c2c 

The mass balance has been developed for the main processes, some downstream processes not yet covered. 


#polyethylene  #lldpe  #hdpe  #ldpe   #propyleneoxide  #raffinate  #butadiene  #ethylene  #steamcracking 

Description of 1,3-butadiene has been updated.


#mixedc4  #butadiene  #13butadiene  #steamcracking  #raffinate 

1,2-butadiene has been added.


#mixedc4  #butadiene  #12butadiene  #steamcracking  #raffinate 

SP Chemical completed the first gas-based cracker in Taixing, China, in 2019, producing 780,000 tpa ethylene and 150,000 tpa propylene.

February 7, 2025 | SINGAPORE (Reuters)

Despite growing trade tensions between Washington and Beijing, China's ethane imports from the United States are expected to rise significantly in 2025 as petrochemical producers seek cheaper feedstock alternatives. Major Chinese companies are investing over $16 billion in infrastructure improvements to accommodate this growth.

Industry analysts forecast China's ethane imports to reach between 6.3 million and 8.2 million metric tons in 2025, representing an increase of 9% to 34%. The U.S. Energy Information Administration projects its net ethane exports to rise 6% to 520,000 barrels per day, with China expected to absorb most of this increase.

However, two main factors currently constrain this trade growth: limited U.S. export capacity and a shortage of specialized tankers. To address these limitations, U.S. pipeline operators Energy Transfer and Enterprise Products Partners are expanding their terminal capacities.

China has also demonstrated its commitment to increasing ethane imports by reducing its import tariff to 1% in 2025, down from 2% in 2024. Enterprise CEO Jim Teague remains optimistic about the trade relationship, noting that Chinese dependence on imported propane and ethane should protect this segment from broader trade tensions.

#ethane  #china  #imports  #usa  #feedstock  #refining  #refinery  #steamcracking  #gascracker  #propane  #ethyleneplant 

CNOOC Shell Huizhou Petrochemical Complex in Daha Bay, Huizhou, China

January 15, 2015 | BEIJING | Shell China

CNOOC Shell Petrochemicals Limited (CNOOC Shell), a joint venture between Shell Nanhai Private Limited and CNOOC Petrochemical Investment Co., Ltd., has made the final investment decision to expand its petrochemical complex at Daya Bay, Huizhou, southern China.

The project will include the construction of a third ethylene cracker with a planned annual capacity of 1.6 million tons, a key component in the production of plastics, as well as a series of downstream derivative units, including linear alpha olefins.

The investment will also build a new facility for the production of high-performance specialty chemicals such as polycarbonates and carbonate solvents that are essential to everyday life.

Linear alpha olefins can be used to produce detergent alcohols and synthetic lubricant base stocks. Polycarbonates can be used to make impact-resistant plastics, replacing carbon-intensive steel, while carbonate solvents are used in lithium batteries, which are crucial for the electric vehicle sector and energy storage.

Designed primarily to meet China’s domestic demand, the new facility will produce a wide range of chemicals used in the agriculture, industry, construction, healthcare and consumer goods sectors.

The investment will enhance CNOOC Shell’s competitiveness by expanding its product value chain, promoting its further integration with existing chemical plants, and promoting its development of stronger innovation capabilities to meet the rapidly growing customer needs in the Chinese market.

"For more than two decades, CNOOC Shell has been providing high-quality products to the Chinese market and has become one of the largest Sino-foreign petrochemical joint ventures in China," said Huibert Vigeveno, Director of Downstream and Renewables Business of Shell Group.

“This new investment is a key enabler for CNOOC Shell’s strategic transformation towards higher-end and differentiated chemicals. It is consistent with Shell Chemicals & Refining’s strategy of pursuing targeted business growth in strong regions. It is also a testament to our strong partnership with CNOOC.”

The expansion is expected to be completed in 2028.


#olefins  #ethylene  #propylene  #butenes  #steamcracking  #olefinplant  #linearalphaolefins  #lao  #polycarbonate  #shell  #cnooc  #jointventure  #china  #refining 

Yangzi-BASF Light Hydrocarbon Comprehensive Utilization Project with 1 million tonnes steam cracker begins construction, receives environmental impact assessment.

7th Sep 2024 | Source: DT New Materials, via Sohu.com

Yangzi-BASF Light Hydrocarbon Comprehensive Utilization Project

On August 30, 2024, the Yangzi-BASF Light Hydrocarbon Comprehensive Utilization Project officially began construction. The project investment is approximately 9.142 billion yuan, with downstream new materials projects totaling about 25.652 billion yuan. The project
includes construction of three process units and supporting facilities:

° One 1 million tons/year ethylene steam cracking unit
° One 500,000 tons/year gasoline hydrogenation unit
° One 620,000 tons/year aromatics extraction unit

The project is constructed and operated by Nanjing Yangzi-BASF Olefins Co., Ltd., which was newly established on October 24, 2023. The company was formed as a 50-50 joint venture between Sinopec Yangzi Petrochemical Company Limited and BASF-YPC Company Limited.


15th Nov 2023 16:25 | Petrochemical Federation Chemical New Materials Committee | via WeChat.

With a total investment of over 10.3 billion yuan, Nanjing Yangzi-BASF Olefins Co., Ltd. will build a 1 million tons/year steam cracking ethylene plant

On November 13, 2023, the Jiangsu Environmental Protection Public Network released the second public announcement of the environmental impact assessment of the light hydrocarbon comprehensive utilization project of Nanjing Yangzi BASF Olefin Co., Ltd. and put forward suggestions and opinions on the project construction content to all sectors of society.

° Construction unit: Nanjing Yangzi-Yanba Olefins Co., Ltd.
° Project name: Light hydrocarbon comprehensive utilization project
° Construction location: The project area is located in the inspection and safety area of Yangzi Petrochemical; the product tank area is located in the Henghai area of Yangzi Petrochemical; the flare is arranged in the BASF-YPC-Yunnan land.
° Project type: Greenfield project.
° Total investment: 1,030,513 million yuan, with additional environmental protection investment of 262 million yuan;
° Land area: The total land area is 43.3 hectares (33 hectares for Jianan area and 10.3 hectares for Henghai area).
° Number of employees: The labor quota for this project is 207 people.
° Project Overview: The project includes a 1 million tons/year steam cracking ethylene production unit and 4 downstream chemical units; supporting public engineering systems include raw materials, intermediate raw materials, product tank farms, air compressor stations, circulating water fields, power supply systems, flare systems, etc.; and the transformation of existing facilities of Yangzi and BASF-YPC.

It is reported that Yangzi Petrochemical's existing "refinery structure adjustment project" will be completed and put into production before this project is put into production.

After the project is put into production, the refining sector of Yangzi Petrochemical will supply raw materials for the "ethylene cracking unit of this project" and "Yangzi Petrochemical's existing 800,000-ton ethylene cracking unit."

#basf  #ypc  #lighthydrocarbon  #petrochemical  #yangzi  #ethylene  #steamcracking  #gasoline  #aromatics 

7th Sep 2024 | Source: DT New Materials, via Sohu.com

The project is located in Gulei Petrochemical Base, Zhangzhou, Fujian Province, and mainly builds 16 million tons/year oil refining project and 1.2 million tons/year ethylene project. The project is the leading project of Gulei Petrochemical Base, one of the seven major petrochemical industrial bases in China. The first phase of the project mainly includes 9 sets of chemical equipment such as ethylene cracking with an actual processing capacity of 1 million tons/year, with a total investment of 27.8 billion yuan and an annual output of one million tons of ethylene.

The second phase of the Gulei Refining and Chemical Project is jointly constructed by Sinopec Group and Fujian Province. It is planned to build more than 30 refining and chemical units, including 16 million tons/year of oil refining, 1.5 million tons/year of ethylene, 2 million tons/year of aromatics , as well as supporting facilities such as public works and berths at the Gulei Petrochemical Base. On July 16, the second phase of the project was approved by the Fujian Provincial Development and Reform Commission.

#gulei  #sinopec  #petrochemical  #refining  #ethylene  #steamcracking  #oilrefining  #crudeoil 

PetroChina Jilin Petrochemicals, manufacturing site have been added and mass balance initialized.

#steamcracking #ethylene  #polyethylene  #abs  #rubber  #crudeoil  #petrochina  #cnpc  #jilinpetrochemical 

Sinopec INEOS (Tianjin) Petrochemical Co., Ltd. and manufacturing site have been added.


#sinopec  #ineos  #tianjin  #petrochemical  #olefins  #steamcracking  #ethylene  #polyethylene  #polypropylene  #hdpe  #lldpe  #poe  #elastomers  #acrylonitriele  #butadiene  #pygas  #aromatics  #mtbe 

Petrochina Daqing Petrochemical has been created and its site's mass balance initialized.

#daqing #petrochina  #petrochemical  #massbalance  #refining  #crudeoil  #ethylene  #steamcracking  #heilongjiang 

Alterra closes investment round with the expectation to accelerate the commercialisation of its plastics pyrolysis technology

Investors Infinity Recycling, Chevron Phillips Chemical, LyondellBasell, and Neste, along with long-term support from Potenza Capital, have successfully closed their latest round of equity funding in Alterra Energy (formerly Vadxx Energy). This investment round is expected to accelerate the commercialization of Alterra’s plastics pyrolysis technology, designed to transform discarded plastic into valuable raw materials.

Alterra's advanced recycling technology has been modeled on ppPLUS and the mass balance of the company's demo plant in Akron has been created. One main product the technology is producing is plastics pyoil, which may be fractionnated to separate naphtha, which can be used as a feedstock returned to the cracker to produce ethylene among other products. The feedstock the technology is accepting is mostly clean polyolefin waste.

Source: Alterra, 22^nd Oct 2024 & portfolio planning PLUS.

#alterra  #lyondellbasell  #neste  #cpchem  #pyrolysis  #plasticwaste  #advancedrecycling  #molecularrecycling  #chemicalrecycling  #pyoil  #steamcracking  #naphtha  #ethylene  #polyethylene  

The mass balance of Guangdong Petrochemical has been initialized with identification of crude oil imports and the addition of two technologies: Huanqiu Steam Cracking and Grace's Unipol PP with their respective capacities.

#unipolpp  #steamcracking  #ethylene  #huanqiu  #guangdong  #petrochemical  #china  #refining

Huanqiu steam cracking technology has been added as a placeholder. Technology description needs to be developed.


#steamcracking  #petrochina  #cnpc  #steamcracking  #ethylene  #huanqiu 

Pyrolysis Fuel Oil (PFO) has been added.

#fueloil #steamcracking  #petroleumresidue  #ethyleneplant 

SINOPEC Steam Cracking Technology has been added.

#steamcracking  #ethyleneplant  #sinopec  #ethylene  #china 

Existing FS1 steam cracker technology was developed inhouse by DOW, and the existing three PE trains are Dow solution process according to the Path2NetZero map. Cracker capacity is estimated based on capacity expansion indications.

#dow  #solutionprocess  #polyethylene  #steamcracking  #canada  #fortsaskatchewan 

The site has one ethane cracker and its mass balance has been determined.

#steamcracking  #ethane  #ethylene  #dow  #nova 

Nova Chemicals Joffre site has been created.

#canada #joffre  #nova  #chemicals  #cracker  #steamcracking  #polyethylene  #ethylene 

The US$5 billion Long Son Petrochemicals Company Limited (LSP), the largest petrochemical complex in Vietnam, will begin its commercial operations from October 2024. Photo: Ngoc Hien / Tuoi Tre

Long Son Petrochemicals Company Limited (LSP), the biggest petrochemical complex in Vietnam, will begin commercial operations from October this year.

Thailand’s Siam Cement Group (SCG) Chemicals, the parent company of LSP, on 1st August released its business performance in the first half of this year.

The firm revealed that LSP was projected to generate revenue of VND15 trillion (US$592.8 million) this year and VND38 trillion ($1.5 billion) by 2025.

The petrochemical complex was initially scheduled for commercial operations in the second quarter of this year.

However, it grappled with a technical problem during its trial operation early this year, resulting in its suspension from March to June this year to remedy the problem and improve its operation capacity.

The complex, when put into commerical operation, will supply plastic pellets to the domestic and global markets.

The global economic downturn and oversupply will be great challenges for the project, according to SCG.

LSP, covering 464 hectares of land in Ba Ria - Vung Tau Province, a neighbor of Ho Chi Minh City, is the first integrated petrochemical project in Vietnam.

In vietnam, SCG’s revenue totaled nearly VND16.4 trillion ($656 million) in the first six months of this year, rising 12 percent over the year-ago period.

Thammasak Sethaudom, president and CEO of SCG, said SCG’s performance in the second quarter of this year was better than that in the previous quarter.

The group yielded VND88.38 trillion ($3.5 billion) in total revenue and VND2.6 trillion ($102 million) in profit of last quarter, up three and 53 percent, respectively, over the previous quarter.

Its revenue hit VND174 trillion ($7 billion) in the first half of 2024.

Tuổi Trẻ Online, 3rd Aug 2024

#polyethylene  #polypropylene  #steamcracking  #vietnam  #scg 

Credit: @ExxonMobil, Port-Jérôme (Gravenchon) refinery

ExxonMobil Chemical 🇫🇷 France (EMCF) announced on April 11 the definitive shutdown of the steam cracker and the polyethylene, polypropylene, adhesives and associated logistics facilities units at the Gravenchon site in Port-Jérôme-sur-Seine (Seine-Maritime) in 2024. This will result in the loss of 677 jobs out of a workforce of 2,400 employees in France during 2025, the company said in a press release. In detail, 647 positions will disappear on site and 30 at the company's management in Nanterre (Hauts-de-Seine). The Port-Jérôme refinery activities are not affected. The site will continue to produce and supply fuels, lubricants, base oils and bitumens. Similarly, the activity of Infineum, the joint venture between ExxonMobil and Shell for the production of additives, is not part of the announcement. In 2020, 35 million euros were invested in these operations also located in Gravenchon.

#fuels  #lubricants  #bitumen  #polyethylene  #polypropylene  #steamcracking  #steamcracker  #refining  #refinery  #france  #exxonmobil 

Mass Balances of Borouge 1, Borouge 2 and Borouge 3 have been completed. Borouge 4 site's model has been initialized but will be finalized when the project comes on-stream. With each further stage, the sites are becoming more complex, as shown in the mass balance table of Borouge 3. The Mass Balances are presented as simplified block flow diagrams (Borouge 1 visual, Borouge 2 visual, Borouge 3 visual). Technologies have been identified for all assets of all three projects as shown for the Borouge 3 technology table. By clicking on the blue 'T' icons in the diagrams or on the technology name in the technology table, the corresponding technology is shown (e.g. Linde Steam Cracker) and by clicking on the green 'F' icons, the flow details for the corresponding asset are displayed.

#polyethylene  #polypropylene  #steamcracking  #ethyleneplant  #steamcracker