LKCA WINS €100M ORDER

LKCA WINS €100M ORDER

KVAERNER WINS POLYMER EPC ORDER Kvaerner has signed a US$20 million lump sum engineering, procurement and construction (EPC) contract with the joint v...

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KVAERNER WINS POLYMER EPC ORDER Kvaerner has signed a US$20 million lump sum engineering, procurement and construction (EPC) contract with the joint venture Asahi Kasei Corp and DuPont China Holdings Co Ltd, to design and build a polyacetal co-polymer resin plant in Zhangjiagang, Jiangsu Province, northwest of Shanghai, China. Production is scheduled to start by spring 2004, with an initial production capacity of 20 000 tonnes per year, eventually rising to 60 000 tonnes. The total investment by the customer is expected to exceed US$50 million.

PULP & PAPER STORA ENSO TO UPGRADE VARKAUS PULP LINES Stora Enso is to undertake a multifaceted modernization project at its Varkaus Mill in Finland in order to improve cost competitiveness and profitability. The existing stone groundwood pulp line at the Varkaus Newsprint Mill, which is no longer competitive, will be replaced by a new thermomechanical pulping line. The 49.4 million project includes rebuilding chip handling for all the mechanical pulping lines, and is scheduled to be completed in summer 2004.

SCOTT PAPER MILLS RECEIVES C$116M INVESTMENT Kruger Inc’s Scott Paper mills in Crabtree and Lennoxville, Quebec, Canada are to receive C$116.4 million for upgrades.

Pump Industry Analyst

The upgrading programme at the Crabtree mill includes the installation of a new paper machine and two winders for hygienic paper, automation of one wrapping line for finished product cases, and the addition of a new robotized line for unitization of the cases. The upgrading of No 5 paper machine in Lennoxville includes the addition of a new wet end. Work will be completed in the summer of 2003.

PETROCHEMICALS LKCA WINS 100M ORDER Linde-KCA-Dresden GmbH (LKCA), Dresden, has won a major order to supply the Slovakian company Slovnaft with a turnkey polypropylene plant. The plant, which will be built and operated by LKCA over the next 27 months, will produce 255 000 tons of polypropylene for the biggest petrochemical site in Bratislava in the Slovak Republic. Startup is scheduled for early in 2005.

SASOL SELECTS KBR FOR PROPYLENE PLANT Kellogg Brown & Root (KBR) has been awarded a basic design engineering package for a high-capacity propylene and ethylene production facility in Secunda, Republic of South Africa. The facility, which will have 250 000 metric tons per year of propylene capacity, is part of the Sasol Technology Pty (Sasol) Synfuels Catalytic Cracker Project. The plant will be the first to use KBR’s SUPERFLEXSM Technology, a fluidized catalytic cracking process which converts light

hydrocarbon steams with a high degree of selectivity to propylene and ethylene.

KBR WINS KOREAN PHENOL PROJECT LG Petrochemical Co (LGPC) has awarded the contract for its new 150 000 ton-per-year phenol plant in Yeosu, Korea to Kellogg Brown & Root (KBR). The plant will be a key unit in the cumene/phenol/BPA complex LGPC is building to supply feedstock for polycarbonate and epoxy resins in Korea and overseas.

BP TO EXPAND TEXAS GULF COAST ETHYLENE PRODUCTION BP is expanding ethylene production at its Chocolate Bayou, Texas olefins complex by 295 000 tonnes per year to create one of the largest integrated olefins operations in North America. The expansion of one of the two olefins units at Chocolate Bayou will boost ethylene production to almost 2 million tonnes per year. The use of new technology at the site will also reduce NOx emissions from the olefins plants by 80–90%. Scheduled for commissioning and start-up during the second half of 2005, the expansion plan will involve installation of world-scale, high-efficiency furnaces that will reduce NOx emissions, along with expansion of the product recovery section, installation of equipment for inter-unit transfer and a common control room for all olefins operations. The expansion will use Kellogg Brown & Root (KBR) Selective Cracking Optimum Recovery (SCORE) furnace technology. KBR has been selected as the EPC contractor.

JGC TO BUILD EYTHLENE PLANT JGC Corp is to construct an ethylene plant at Daya Bay Economic and Technical Development Zone, Huizhou City, Guangdong Province, in China. The contract was awarded by CNOOC and Shell Petrochemicals Co Ltd (CSPC), a joint venture between Shell Nanhai BV and CNOOC Petrochemicals Investment Ltd (CPIL). JGC will carry out the engineering, equipment/material procurement, construction and commissioning. The contract value is around US$500 million, and delivery is scheduled for September 2005. The ethylene plant will form the core of the US$4.3 billion CSPC complex, which will produce about 2.3 million tonnes per year of products and generate up to US$1.7 billion in product sales.

LURGI WINS CONTRACT FOR METHANOL PLANT Lurgi Oel Gas Chemie GmbH, a Lurgi AG subsidiary, has won a major order for a methanols plant in South America. The plant, with an order value of around 200 million, will produce more than 2000 tons of methanol per day from natural gas, boosting Lurgi’s market share to well over 55%.

TECHNIP WINS EPC CONTRACT FOR IRAN Technip-Coflexip and its Iranian partner Nargan have been awarded an engineering, procurement and construction (EPC) contract for the design and construction of a low density polyethylene plant for the 9th Olefins Complex at Asaluyeh.

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MARKET PROSPECTS

December 2002