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Friday, 15 June 2018

Phillips 66 plans $1.5 billion NGL expansion in Sweeny Hub

Phillips 66 (PSX) said that it is proceeding with an expansion of the company’s Sweeny Hub. This project includes the construction of two 150,000 barrel-per-day (bpd) natural gas liquids (NGL) fractionators in Old Ocean, Texas. Additional NGL storage capacity, and associated pipeline infrastructure. The project is expected to cost up to $1.5 billion and begin commercial operations in late 2020.
Supply agreements have been secured for Y-grade NGL feedstock, including an agreement with DCP Midstream LP (DCP) which has an option to acquire up to a 30 percent ownership interest in the new fractionators.
The Sweeny Hub currently has 100,000 bpd of fractionation capacity through Phillips 66 Partners’ Sweeny Fractionator One, 200,000 bpd of LPG export capability, and access to 9 million barrels of gross NGL storage capacity at the nearby Phillips 66 Partners’ (PSXP) Clemens Caverns.
Upon completion of the expansion, the Sweeny Hub will have 400,000 BPD of NGL fractionation capacity and access to 15 million barrels of total storage capacity. The expansion is expected to result in more than 25 new full-time jobs and approximately 2,000 construction-related jobs in Brazoria County. 

Siemens, Evonik partner to develop asset life-cycle data model

Evonik Industries said that it will enter into a technology partnership with Siemens. Its aim is the development of an asset lifecycle data model and its integration into the Siemens software solution Comos.
The asset lifecycle data model was developed by Evonik on the basis of the international DEXPI standard ISO 15926 and other internationally valid standards. Its aim is to cover all the elements and structures of relevance for the chemical industry in a single integrated data model across the entire lifecycle – from product development, equipment planning and operation to final decommissioning. Siemens and Evonikdevelop an application providing software support for the whole engineering and operation process.
The outcome of this cooperative process will become an integral part of the Comos software portfolio.

TechnipFMC, DOF Subsea commence 8-year contract with Petrobras

TechnipFMC (FTI) and DOF Subsea (DOF) announced that the Skandi Recife, commenced its 8-year charter contract with Petroleo Brasileiro SA (Petrobras).
Skandi Recife is a Brazilian-flagged flexible lay and construction vessel owned by the 50-50 joint venture formed between TechnipFMC and DOF.
The vessel will work in the Campos, Santos and Espirito Santo basins.
Skandi Recife has state of the art pipelay and marine technology. She has a 340 tons Vertical Lay System (VLS) tower, 2,500 tons underdeck carousel and two work-class Remotely Operated Vehicle (ROVs), allowing her to lay flexible pipes in water depths up to 2,500 meters. She was built by Vard Promar Brazilian yard, where her sister ship, Skandi Olinda, is currently under construction, with a high rate of Brazilian national content.

BASF opens new plastic additives application center in Kaisten

BASF SE has inaugurated its new EMEA (Europe, Middle East and Africa) application center for plastic additives in Kaisten, Switzerland. The new facility, located in the existing BASF production site, includes a state of the art compounding extruder, stretch film and tape lines as well as an injection molding unit capable of simulating the polymer production and processing technology.
The facility can combine intelligent process automation and expertise that will increase the quality of plastics produced.  
The new application center serves as the regional technical support base for customers for applications such as polymer production, master batch and leading players in the converting industry but is also the global competency center for the automotive as well as the film and tape industry.
The state of the art facility is equipped with specialized equipment that can precisely simulate commercial production processes. The test laboratory can expertly evaluate processing stabilization, light stabilization, long term stabilization or effect performance of additives.

AkzoNobel building demo plant for ethylene amines technology in Sweden

AkzoNobel Specialty Chemicals has broken ground for a demonstration plant to showcase a revolutionary and more sustainable technology platform for producing ethylene amines and their derivatives from ethylene oxide.
Located at its Stenungsund site in Sweden, the facility marks the next step towards commercialization of the patented technology.
In parallel to the construction, the company has already started to explore options for a world-scale manufacturing facility.
The new technology will significantly reduce raw material consumption and substantially improve cost and environmental performance when compared with existing processes. The flexibility of the technology will allow for a selective production of a wide range of end products, enabling the company to expand its amines product offering.
The range of ethylene amines targeted by the new technology platform includes diethylenetriamine (DETA) and triethylenetetramine (TETA), which are key building blocks in a number of growth applications such as epoxy curing, lube oil additives, and oil field chemicals.

Lonza names McGeechan head of hygiene and preservation technology

Lonza Group has named Paula McGeechan global head of hygiene and preservation technology for the consumer product ingredients business unit. In her new role, she coordinates and aligns Lonza’s hygiene and preservation research, development and technical service; works to enhance the company’s application and formulation skills to provide customers with integrated solutions, and drives innovation to build industry expertise and enhance Lonza’s functional ingredient offerings.

BASF to invest in carbon recycling company LanzaTech

BASF Venture Capital GmbH said that it is to invest in LanzaTech, a biotech company headquartered in Chicago, Illinois, US.
Using special microbes, LanzaTech has developed a technology for gas fermentation that first enables ethanol to be produced from residual gases containing carbon monoxide and hydrogen. By re-using waste streams instead of incinerating them, industrial companies can reduce carbon dioxide emissions.
LanzaTech’s patented technology is now being deployed at commercial scale in the steel industry where carbon monoxide from residual gases (off-gases) can be converted into ethanol. Ethanol can be used as the raw material for the production of diesel, gasoline or jet fuel and as a precursor to plastics and polymers.

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