12th March: Refining and petrochemicals news

Asia

Matex Engineering Corporation Ltd has announced that its subsidiaries have been awarded approximately S$ 33 million of oil bio refining and bio energy engineering projects in Malaysia and Thailand. The contracts are for the design, supply, fabrication, construction, delivery, installation, testing and commissioning of both plants. Both facilities are currently scheduled to be completed by June of next year.

Brazil

Braskem and Petrobras have agreed to extend for six months a five year naphtha supply agreement that expired at the end of February. Petrobras supplies Braskem with 7 million t of the 10 million t of naphtha it processes to produce petrochemicals each year.

Indonesia

Iraq’s Energy and Mineral Resources Ministry has signed an oil supply agreement with a refinery due to be built in Bontang, East Kalimantan. Under the contract Iraq will provide the plant with 300 00 bpd of oil for 20 years and have also agreed to fund the development of the facility.

Israel

Following a fire at the Gadiv Petrochemicals Industries Ltd owned plant in Haifa Bay on 7^th March, Bazan, which owns the above company, is now evaluating the impacts. The fire broke out in one of the plant’s xylene furnaces and was possibly started by a puncture in a xylene tube in the combustion chamber.

Romania

Rompetrol has set a 5 million t record production target for its Petromidia refinery for this year. As well as achieving record production, the company is still the only producer of polypropylene in the country.

USA

The Contra Costa zoning administrator has continued to July of this year a compliance hearing centred on the fence line pollution monitoring system at the Phillips 66 refinery in Rodeo. An agreement currently between the Community Working Group and the plant calls for the system to be functional 95% of the time. 

Edited from various sources by Claira Lloyd.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/12032014/12_march_refining_petrochemicals_news262/