Category: Industrial

Global gas demand has returned to growth after the supply shock of 2022-23, but geopolitical tensions and short supply in LNG markets.

The European Commission (EC) says it has begun tracking European imports of certain ethylene and ammonia products, to allow it to react quickly to level the playing field if the monitoring points to a surge of imports causing or threatening to cause injury to the EU industry. This surveillance has been put in place in response to evidence of a significant and potentially injurious increase in the EU market share of imports of the chemicals. It covers imports of copolymers of ethylene and alpha olefin, urea containing more than 45% (by weight) of nitrogen, and ammonium sulphate from all countries, and should remain in place for a period of three years.

Tecnicas Reunidas and Siemens Energy have been awarded the contract to carry out front-end engineering design (FEED) for a major green methanol project in La Robla, Spain. The consortium will work on the project for Spanish developer Reolum, part of a partnership that says it is building the largest green methanol plant in Europe. The La Robla Nueva Energia facility will combine biogenic CO2 from a co-located biomass-based cogeneration plant with green hydrogen to produce 140,000 t/a of low carbon methanol. Tecnicas Reunidas will focus on the biogenic carbon capture and methanol production units, while Siemens Energy will handle the renewable hydrogen unit. Johnson Matthey has been selected to supply its eMERALD methanol technology, while Mitsubishi Heavy Industries will license it CO2 capture technology for the project.

thyssenkrupp Uhde has been awarded a contract by Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC) for the construction of a weak nitric acid plant in Bharuch, Gujarat state. The scope of work includes license, basic engineering, detailed engineering, procurement, construction, commissioning, and start-up services. The plant will have a capacity of 600 t/d of weak nitric acid, and will use Uhde’s proven EnviNOx® technology to reduce greenhouse gas emissions by eliminating nitrogen oxides from nitric acid production. This will be the third weak nitric acid plant licensed by Uhde to GNFC’s Bharuch site, in a partnership going back more than three decades.

We compare and contrast the 2024 financial performance of selected major fertilizer producers following the publication of fourth quarter results.

Indonesian nickel miner Merdeka Battery Materials (MBMA) and partners have signed definitive agreements to construct a high-pressure acid leach (HPAL) plant on the Morowali industrial park, Sulawesi. The unit will have a nameplate capacity of 90,000 t/a of contained nickel in mixed hydroxide precipitate (MHP). PT Sulawesi Nickel Cobalt (SLNC) will construct and operate the plant adjacent to the existing HPAL plant operated by PT Huayue Nickel Cobalt (HNC). SLNC will source and process laterite nickel ore through a 20 year commercial agreement with MBMA's SCM mine, starting from the commissioning date. An ore preparation plant will be built at the SCM mine to enable ore transportation via pipeline to the SLNC processing plant at IMIP. The total combined investment for constructing SLNC (including interest incurred during construction) is expected to be approximately $1.8 billion according to Merdeka. Construction of the project commenced in January 2025 and is expected to reach commissioning stage within 18 months.

KT-Kinetics technology has signed an $125 million engineering, procurement, construction and commissioning (EPCC) contract to build a hydrogen production unit at Petronas’ Pengerang Biorefinery, Malaysia. The hydrogen plan is expected to be operational by the second half of 2028, and will supply up to 38,000 normal m3 /h of hydrogen for the production of sustainable aviation fuel (SAF) and hydrogenated vegetable oil (HVO). NextChem will license its NX ReformTM technology for the unit. The new biorefinery will process approximately 650,000 t/a of raw materials such as used vegetable oils, animal fats and waste from the processing of vegetable oils to produce sustainable aviation fuel (SAF), hydrotreated vegetable oil (HVO) and bio-naphtha.

Liquid Wind has announced the development of a new 100,000 t/a green methanol project in Örnsköldsvik, Sweden, in collaboration with local energy company Övik Energi. Övik Energi’s combined heat and power plant in Örnsköldsvik was due to be the site of Ørsted’s FlagshipONE project, which was slated to produce 55,000 t/a of green methanol from 2025. A final investment decision (FID) was made in late 2022 when Ørsted bought out Liquid Wind’s 55% stake in the project, but the Danish offshore wind company chose to discontinue FlagshipONE in August 2024.

UAE-based chemicals and transition fuels hub TA’ZIZ has awarded an engineering, procurement, and construction (EPC) contract worth $1.7 billion to engineering company Samsung E&A to build the UAE’s first methanol plant. The facility will be located at the Al Ruwais Industrial City in the western part of the emirate of Abu Dhabi. It is projected to produce 1.8 million t/a green methanol, powered by clean energy from the grid, with the plant scheduled for completion in 2028.

Gasgrid Finland Oy has awarded Worley a four-year framework agreement with an option for extension until 2032, to provide owners engineering services for Gasgrid’s hydrogen pipeline system development in Finland. This 1,100 km long hydrogen pipeline system is expected to link major hydrogen production and offtake centres across Finland and enable the development of hydrogen export routes to neighbouring markets. Gasgrid says that the planned hydrogen pipeline system will support cost-efficient, reliable and secure renewable energy market development for the Nordic countries and elsewhere in Europe. Worley will provide the OE services primarily through Worley’s offices in the Netherlands and Finland with support from the Global Integrated Delivery (GID) team in India.