Energy Singularity
Selected information on refinery & chemical plants and market information in the energy industry. News that matters.
Technology articles on mankind's race towards energy singularity. A perspective.
 

 

Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.

27 November 2007

Business Deals Archive November 2007

Tug of War for Petronas and Gazprom for Star Energy
PETRONAS, a Malaysian state oil company had earlier made a bid for U.K storage developer Star Energy takeover. Star Energy is a prominent United Kingdom gas storage company with prospects including 26 oil and gas fields and a plan for a construction of 4.25 bcm offshore gas facility in the UK.

Talks are mounting on a rival bid from Russia's Gazprom for the takeover which deal amount is almost US$700 million from PETRONAS. Star Energy concluded that the bid undervalues the company. Gazprom is interested in buying land in Dorset that Egdon Resources which in total is planning to turn into a large underground gas-storage facility, media reports say.

Other interested parties including Total, Statoil, Hydro and Eni showing huge stalking interest in the company. Gas is well-known as the basic feedstocks for petrochemical plants.


Iran Buying Petrochemical Plant in Philippines
Iran has announced its plan to purchase and run a heavy and light polyethylene factory in the Philippines, said

24 November 2007

Petrochemical Projects Archive for November 2007

Mitsui India to Build Polypropylene Facility

Mitsui Prime Advanced Composites India, a wholly owned subsidiary of the Japanese company Mitsui Chemicals is planning to set up a manufacturing facility for polypropylene (PP) compounded resins at Neemrana, in Rajasthan which has an initial capacity of 15 ktpa of polypropylene compounded resins.

The petrochemical plant is expected to be operational from the first quarter of 2009. The polypropylene resins are mostly used in manufacturing bumpers, panels and pillars in automobiles.taking advantage of the state's accelerating economic growth trajectory.

Saudi Kayan Seeks $4 Billion for Jubail 
Saudi Kayan is actively seeking funding from Islamic loans ad loans from BN Amro Bank, BNP Paribas,

09 November 2007

Chemical Information for Hexene-1

Applications
Like other LAO (Linear Alpha Olephins), Hexene-1 or 1-Hexene is used as co-monomer for polyolefins manufacturing. It is used as enhancer to strengthen the bonds in polyolefin chains for production of various grades of polyethyelene. The primary use of 1-hexene is as a comonomer in production of polyethene. High density polyethene (HDPE) and linear low density polyethene (LLDPE) use approximately 2-4% and 8-10% of comonomers. Another significant use of 1-hexene is the production of linear aldehyde via hydroformylation (oxo synthesis) for later production of the short-chain fatty acid heptanoic acid.

Chemical Information and Process Technology
What is Hexene-1? Hexene-1 is an alkene, a type of Linear Alpha Olefins (LAO) with chemical formula of C6H12. An alpha olefin is when the double bond is located at primary position or also called the alpha position which provides higher reactivity for chemical reactions which is a crucial chemical property.

Process Synthesis
Industrially, 1-hexene is commonly manufactured by two main routes: oligomerization of ethene and by Fischer-Tropsch synthesis followed by purification. Another route to 1-hexene, used commercially on small scale, is dehydration of alcohols. Prior to the 1970's 1-hexene was also manufactured by the thermal cracking of waxes. Linear internal hexenes were manufactured by chlorination/dehydrochlorination of linear paraffins.

There are five commercial processes which oligomerize ethene to 1-hexene. Four of these processes produce 1-hexene as a part of a wide distribution of alpha-olefins. Typically, 1-hexene content ranges from about twenty percent distribution in the Ethyl (Innovene) process, whereas only twelve percent of distribution in the Gulf (CP Chemicals) and Idemitsu processes.

The only commercial process to isolate 1-hexene from a wide mixture of C6 hydrocarbons is practiced by Sasol Ltd., a South African oil and gas and petrochemical company. Sasol commercially employs Fischer-Tropsch synthesis to make fuels from synthesis gas derived from coal. The synthesis recovers 1-hexene from the afformentioned fuel streams, where the initial 1-hexene concentration cut may be 60% in a narrow distillation, with the remainder being vinylidenes, linear and branched internal olefins, linear and branched paraffins, alcohols, aldehydes, carboxylic acids and aromatic compounds.

Synthesis of 1-hexene as a part of multi-product ethene oligomerization process or a Fischer-Tropsch process is covered in an article on Linear alpha olefins. One process, the Phillips ethene trimerization process, produces only 1-hexene.

Licensing and Technology Licensors
One of the technology provider for Hexene-1 is ABB Lummus Global and China Petroleum & Chemical Corp. (SINOPEC Corp.) who both have signed a cooperation agreement creating a strategic alliance to develop and market new recovery technology for ethylene plants. The collaboration merges the extensive capabilities and experiences of both companies in the area of recovery technology. ABB Lummus Global and SINOPEC Corp. will license the technology worldwide, for both grassroots and revamp projects through ABB Lummus Global. ABB Lummus Global will contribute front-end and back-end selective hydrogenation utilizing CDHydro(r) hydrogenation technology, developed by its joint venture company CDTECH; tertiary refrigeration; its low pressure chilling train; and Olefins Conversion Technology (OCT) to self-metathesize butenes to produce hexene-1. SINOPEC Corp.'s contributions include condensing fractionation towers, high capacity trays, high flux tubes, and low temperature arsenic removal from liquid feeds.

07 November 2007

PetroChina: Biggest Company in the World

PetroChina, China's biggest oil and gas firm in China, has successfully become the world's biggest firm in the world, and also the world's first company to be worth more than one trillion dollars.

PetroChina shares floated at 16.7 yuan (107p), and almost tripled to close at 43.96 yuan, giving the group a market capitalisation of around $1 trillion (£480 billion).

Petro China has toppled ExxonMobil which was the previous biggest company in the world with market capitalisation of US480 Billion. PetroChina is also now twice as big as combined Royal Dutch Shell and BP.

Market analysis is suggesting that PetroChina is benefiting from both the high soar of oil and petroleum products and also from the booming stock market in China.

As of late, more and more companies from China are being traded in the US stock exchange, and has given new evaluations of Chinese companies. Chinese companies are now the second biggest occupier of Wall Street after the US companies.