1
October 2002 produce intermediary nickel products, nickel/cobalt mixed sulphide (nickel: 10 000 tons per year; cobalt: 750 tons per year). The HPAL (high pres- sure acid leaching) method developed by Sumitomo Metal Mining will be applied to the manufacturing process. The project was planned by Sumitomo Metal Mining Co Ltd, a leading producer of electrolytic nickel, to procure intermediary nickel products from its own overseas mining operations. The client is Coral Bay Nickel Corp of the Philippines, a joint venture between Sumitomo Metal Mining Co (investing 54%), Mitsui & Co Ltd (18%), Nissho Iwai Corp (18%), and Rio Tuba Nickel Mining Corp of the Philippines (10%). The site is located at the Rio Tuba mine in the Province of Palawan, the Philippines. Completion of construc- tion is scheduled for the sum- mer of 2004. PETRO- CHEMICALS SAMSUNG SECURES POLY- ETHYLENE CON- TRACT Samsung Engineering of South Korea has signed a US$70 million engineering, procurement and construc- tion agreement to build a pro- posed 250 000 tonne per year high-density polyethylene plant for Thailand’s National Petrochemical Co (NPC). The contract is for the largest petrochemical project to be given the green light in Thailand since the Asian eco- nomic crisis began four years ago. EPC work on the project, to be located at Map Ta Phut, Rayong province, is due to start in August after NPC’s board of directors gave their approval for the facility in June. The plant is expected to come on- stream by August 2004. Feedstock for the plant will come from NPC’s 435 000 tonne per year cracker at Map Ta Phut. CHIYODA WINS METHANOL CONTRACT IN SAUDI ARABIA International Methanol Co Ltd (IMC) has selected Chiyoda Corp and its Saudi Arabian affiliate Chiyoda Petrostar Ltd (CPL) as the contractors for the engineer- ing, procurement, construc- tion and commissioning of a world-scale methanol plant and associated utilities facili- ty project. IMC is a joint venture between Saudi International Petrochemical Co and Japan– Arabia Methanol Co Ltd. The 2900 metric tons per day methanol plant will be located in the Jubail Industrial City of the Kingdom of Saudi Arabia. The project will be completed in 30 months. CHINA GIVES GREEN LIGHT TO BASF CHEMICALS PLANT BASF has received approval from the Chinese State Council to build a new inte- grated production facility for polytetrahydrofuran (PolyTHF) and tetrahydro- furan (THF) in the Shanghai Chemical Industry Park at Caojing, Shanghai, China. This is the first wholly owned investment project by BASF in China. With an annual capacity of 60 000 metric tons of PolyTHF and 80 000 metric tons of THF, the project will be the largest PolyTHF production facility in the world. The new plants, scheduled to come on-stream in 2004, will form a supply network for BASF in the Asia Pacific region. It is expected that the plants will supply the rapidly expanding spandex fibres mar- ket in China following the country’s accession to the World Trade Organization. PolyTHF is an important component in the manufacture of elastic fibres, which are widely used for textile applica- tions including sportswear, inner and outer wear. WATER & WASTEWATER MIDDLE EAST & NORTH AFRICA OFFER KEY OPPORTUNITIES The US$1 billion Middle East and North Africa water and wastewater treatment market is offering increasing opportunities for western companies, according to Cecilia Cabodi, a senior development analyst with Frost and Sullivan. The Middle East and North Africa region has one of the highest average population growth rates in the world and this factor, combined with scarce natural water supplies and a high urbanization rate, has led to very low per capita water availability. Countries such as Algeria, Egypt, Morocco, Tunisia and the Middle East region are approaching dangerous water shortages and contamination; as a result many European and US companies are considering moving into this growth area, away from the mature western European and US markets, according to Cabodi. Collaborations with locally based companies are also becoming increasingly common. Western European countries such as France, Spain, Italy, the UK and Germany seem to dom- inate the players already operat- ing in or exploring the area. Foreign banks, as well as the World Bank, the EIB and the EBRD, help finance coun- tries such as Morocco, Algeria and Tunisia, while Libya’s government ensures that funds are available, reports Cabodi. Among the key opportuni- ties in the region, Frost & Sullivan finds: • plants to provide potable water to small communities; • plants for the treatment of urban wastewater; • plants for the treatment of industrial wastewater; and • systems for the removal of contamination relating to hydrocarbons, particularly in the oil-producing countries. Downsides to working in this region include political and economic volatility. Also, different countries present very disparate levels of market diversification and fragmenta- tion, so new entrants should be aware of political, economical and social factors affecting how these services are financed and regulated, says Cabodi. KBR SECURES PUMP STATION PROJECT Kellogg Brown & Root (KBR) has been awarded a contract by Tarrant Regional Water District for the design of a high-capacity expansion to the Richland Chambers 90 inch diameter raw water sup- ply pipeline. The project will expand the pumping capacity of two booster pump stations, enabling additional raw water supply delivery to the City of Fort Worth and the Tarrant County region, with increased system reliability and operability. The project will include the design of a new booster pump station at Ennis, Texas, which will incorporate around six pumps, motors, electrical MARKET PROSPECTS 3 Filtration Industry Analyst

CHINA GIVES GREEN LIGHT TO BASF CHEMICALS PLANT

  • View
    213

  • Download
    1

Embed Size (px)

Citation preview

Page 1: CHINA GIVES GREEN LIGHT TO BASF CHEMICALS PLANT

October 2002

produce intermediary nickelproducts, nickel/cobalt mixedsulphide (nickel: 10 000 tonsper year; cobalt: 750 tons peryear). The HPAL (high pres-sure acid leaching) methoddeveloped by Sumitomo MetalMining will be applied to themanufacturing process.

The project was plannedby Sumitomo Metal MiningCo Ltd, a leading producer ofelectrolytic nickel, to procureintermediary nickel productsfrom its own overseas miningoperations.

The client is Coral BayNickel Corp of the Philippines,a joint venture betweenSumitomo Metal Mining Co(investing 54%), Mitsui & CoLtd (18%), Nissho Iwai Corp(18%), and Rio Tuba NickelMining Corp of the Philippines(10%). The site is located atthe Rio Tuba mine in theProvince of Palawan, thePhilippines.

Completion of construc-tion is scheduled for the sum-mer of 2004.

PETRO-CHEMICALS

SAMSUNGSECURES POLY-ETHYLENE CON-

TRACTSamsung Engineering ofSouth Korea has signed aUS$70 million engineering,procurement and construc-tion agreement to build a pro-posed 250 000 tonne per yearhigh-density polyethyleneplant for Thailand’s NationalPetrochemical Co (NPC).

The contract is for thelargest petrochemical projectto be given the green light inThailand since the Asian eco-nomic crisis began four yearsago.

EPC work on the project,to be located at Map Ta Phut,Rayong province, is due to startin August after NPC’s board ofdirectors gave their approval

for the facility in June. Theplant is expected to come on-stream by August 2004.

Feedstock for the plantwill come from NPC’s 435 000tonne per year cracker at MapTa Phut.

CHIYODA WINSMETHANOL

CONTRACT INSAUDI ARABIA

International Methanol CoLtd (IMC) has selectedChiyoda Corp and its SaudiArabian affiliate ChiyodaPetrostar Ltd (CPL) as thecontractors for the engineer-ing, procurement, construc-tion and commissioning of aworld-scale methanol plantand associated utilities facili-ty project.

IMC is a joint venturebetween Saudi InternationalPetrochemical Co and Japan–Arabia Methanol Co Ltd.

The 2900 metric tons perday methanol plant will belocated in the Jubail IndustrialCity of the Kingdom of SaudiArabia. The project will becompleted in 30 months.

CHINA GIVESGREEN LIGHT TOBASF CHEMICALS

PLANTBASF has received approvalfrom the Chinese StateCouncil to build a new inte-grated production facility forp o l y t e t r a h y d r o f u r a n(PolyTHF) and tetrahydro-furan (THF) in the ShanghaiChemical Industry Park atCaojing, Shanghai, China.

This is the first whollyowned investment project byBASF in China. With an annualcapacity of 60 000 metric tonsof PolyTHF and 80 000 metrictons of THF, the project will bethe largest PolyTHF productionfacility in the world.

The new plants, scheduledto come on-stream in 2004,will form a supply network for

BASF in the Asia Pacificregion. It is expected that theplants will supply the rapidlyexpanding spandex fibres mar-ket in China following thecountry’s accession to theWorld Trade Organization.

PolyTHF is an importantcomponent in the manufactureof elastic fibres, which arewidely used for textile applica-tions including sportswear,inner and outer wear.

WATER &WASTEWATER

MIDDLE EAST &NORTH AFRICA

OFFER KEYOPPORTUNITIES

The US$1 billion MiddleEast and North Africa waterand wastewater treatmentmarket is offering increasingopportunities for westerncompanies, according toCecilia Cabodi, a seniordevelopment analyst withFrost and Sullivan.

The Middle East and NorthAfrica region has one of thehighest average populationgrowth rates in the world andthis factor, combined withscarce natural water suppliesand a high urbanization rate,has led to very low per capitawater availability.

Countries such as Algeria,Egypt, Morocco, Tunisia andthe Middle East region areapproaching dangerous watershortages and contamination;as a result many European andUS companies are consideringmoving into this growth area,away from the mature westernEuropean and US markets,according to Cabodi.

Collaborations withlocally based companies arealso becoming increasinglycommon.

Western European countriessuch as France, Spain, Italy, theUK and Germany seem to dom-inate the players already operat-ing in or exploring the area.

Foreign banks, as well asthe World Bank, the EIB andthe EBRD, help finance coun-tries such as Morocco, Algeriaand Tunisia, while Libya’sgovernment ensures that fundsare available, reports Cabodi.

Among the key opportuni-ties in the region, Frost &Sullivan finds:

• plants to provide potablewater to small communities;

• plants for the treatment ofurban wastewater;

• plants for the treatment ofindustrial wastewater; and

• systems for the removal ofcontamination relating tohydrocarbons, particularly inthe oil-producing countries.

Downsides to working inthis region include politicaland economic volatility. Also,different countries presentvery disparate levels of marketdiversification and fragmenta-tion, so new entrants should beaware of political, economicaland social factors affectinghow these services arefinanced and regulated, saysCabodi.

KBR SECURESPUMP STATION

PROJECTKellogg Brown & Root(KBR) has been awarded acontract by Tarrant RegionalWater District for the designof a high-capacity expansionto the Richland Chambers 90inch diameter raw water sup-ply pipeline.

The project will expandthe pumping capacity of twobooster pump stations,enabling additional raw watersupply delivery to the City ofFort Worth and the TarrantCounty region, withincreased system reliabilityand operability.

The project will includethe design of a new boosterpump station at Ennis, Texas,which will incorporate aroundsix pumps, motors, electrical

MA

RK

ET

PR

OS

PE

CT

S

3

Filtration Industry Analyst