KBR | October 14, 2021
KBR (NYSE: KBR) announced today it has been awarded a dual-pressure nitric acid technology contract by Hanwha Corp. for its new plant at Yeosu, South Korea.
Under the terms of the contract, KBR will provide license, basic engineering design, and technical support to Hanwha for a 1,200 metric tons per day dual pressure nitric acid plant. Nitric acid is an intermediate chemical for the production of various products including fertilizers, plastics, and dyes.
"KBR is proud to be selected by Hanwha to deliver our leading dual-pressure nitric acid technology that offers tangible CAPEX and OPEX benefits including reduced net energy consumption through efficient energy recovery,This contract highlights KBR's continued commitment to bringing energy-efficient sustainable technologies to the industry."
-Doug Kelly, KBR President, Technology.
Since 1954, KBR has licensed 76 grassroot nitric acid plants globally and is the No. 1 technology in the demanding US market.
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 29,000 people worldwide with customers in more than 80 countries and operations in 40 countries.KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Azoty Grupa, Celanese | June 24, 2021
After it decided to cease its POM production, the Celanese Corporation, a global manufacturer of chemical and specialized materials, announced the acquisition by Grupa Azoty S.A. of Tarnow, Poland, of certain technologies polyacetal (POM) production products.
To serve Azoty's clients, Celanese will accept all current contracts with Tarnoform. This transaction does not involve Azoty employees, physical assets, manufacturing facilities, or sales offices, except for certain equipment transferred in connection with the transfer of intellectual property.
Tom Kelly, Senior Vice President Engineered Materials, Celanese, said, "This transaction will enable Celanese to service Celanese assets with customers of Azoty, enabling Celanese both an additional volume opportunity for Celanese, as well as accessing a POM customer base and the proven POM technology. "We continue to take the strategic measures necessary, such as this client and the product acquisition, to drive the ongoing success," Kelly concluded. "Our materials business for Celanese is a key growth engine.
It is expected that the transaction will complete in early July 2021.
About Azoty Grupa
The Group is the undisputed market leader on the domestic fertilizer market and a significant participant in Europe's fertilizer and chemical sector. It is the second biggest nitrogen and compound fertilizer producer in the European Union, besides having an important market position in melamine, caprolactam, polyamide, oxo alcohol, plasticizers, and titanium white.
Celanese Corporation is a global chemical leader in the production of outstanding chemistry solutions and unique materials for most major industries and consumer applications. Our companies utilize the entire scope of the worldwide chemical, technological and commercial capabilities of Celanese to generate value for our customers, employees, shareholders, and the business. As we work with our clients to meet their most important business requirements, we work through the Celanese Foundation to positively affect our communities and the world. Celanese employed about 7,700 people globally and had $5.7 billion in net revenues in 2020, based in Dallas.
I.C.I.S | May 13, 2021
LyondellBasell plans to significantly expand its global presence in both mechanical and molecular (chemical) recycling of waste plastics, with the United States, China, and ultimately India as the next priorities, according to its CEO on Tuesday.
LyondellBasell and SUEZ extended their Quality Circular Plastics (QCP) joint venture focusing on mechanical recycling in December 2020 with the acquisition of Belgium-based plastics recycling firm TIVACO, increasing the overall ability for recycled plastics to about 55,000 tonnes/year from 35,000 tonnes/year.
LyondellBasell aims to produce 2 million tonnes of recycled or renewable PE and PP each year by 2030.
In Liaoning province, LyondellBasell and Bora have a 50/50 joint venture cracker as well as downstream polyethylene (PE) and polypropylene (PP) facilities.
Plastics recycling is seen as a growth business by the company, and significant capital investments will be made in the future.
LyondellBasell has a pilot plant in Ferrara, Italy, that uses its proprietary MoReTec technology, which involves catalysis.
The plant transforms mixed plastics waste into pyrolysis oil, which is then fed into naphtha crackers. However, volumes are small at this point.
LyondellBasell began selling chemically recycled PE and PP under the brand name CirculenRevive in April, using third-party pyrolysis oil.
CirculenRevive products are now available in Europe and will be available in the United States later this year.
The main advantages of molecular recycling include greater scale, less need for plastic waste sorting, and the same output as virgin plastic that can be used in all applications.
The firm will achieve “medium industrial scale” in chemical recycling by 2025 and will “scale up to very large plants” by the second half of the decade.
Furthermore, chemical recycling plants will not be limited to Europe, where naphtha crackers are abundant.
LyondellBasell runs mixed feed crackers in Channelview, Texas, as well as Wesseling and Munchsmunster, Germany.
Significant amounts of waste plastics would have to be funneled to the site, so logistics and infrastructure will be critical to construct large molecular recycling plants.
A medium-scale molecular recycling plant could cost between $200 million and $300 million, but this is an early estimate.