On June 30th, following clearance from the European Commission, Outotec completed the year-long merger of Metso’s Minerals business with Outotec via a partial demerger of Metso. The newly formed company, Metso Outotec, will focus on leadership in sustainable minerals and metals processing and recycling technologies. Headquartered in Finland, Metso Outotec employs over 15,000 professionals in more than 50 countries and its combined sales for 2019 were e4.2 billion.
Methanex has said that, in light of the uncertainty in the global economy from the Covid-19 pandemic, it will defer approximately $500 million of previously announced capital spending on its $1.4 billion Geismar 3 methanol project for up to 18 months. Geismar 3, which is intended to eventually produce 1.8 million t/a of methanol, will be placed on temporary “care and maintenance” for up to 18 months, enabling the company to complete the project when market conditions improve. Methanex says it will spend $100 million in Q1 2020 and a further $200 million from April 1, 2020 to September 30, 2021 on the project, the majority of which is spending that occurred or was committed during Q1 2020. This is approximately $500 million lower than the $800 million that was expected to be spent over that same period. Construction activity and procurement of non-critical equipment and bulk materials will be suspended until market conditions allow the Geismar 3 project to restart.
The grave economic and human health consequences of the global spread of coronavirus (Covid-19) deepened in March.
China’s copper industry is facing difficulties caused by the coronavirus outbreak in the country. Prolonged factory closures, particularly in Hubei province, at the centre of the outbreak, as well as neighbouring Guangdong and Zhejiang, also badly affected, have caused a slump in demand for copper domestically as copper fabricators remain on extended closure. However, smelters have resisted cutting production. Daye Nonferrous, based in Huangshi at the centre of coronavirus outbreak, continues to operate at 80% of its 600,000 t/a capacity for 1Q 2020, according to the company, in spite of quarantine and transport restrictions which have reduced truck shipments to the smelter – Daye is reportedly still able to receive copper concentrate shipments via the Yangtze River to Huangshi port.
At the Nitrogen+Syngas Conference 2020, held in The Hague, Netherlands, Haldor Topsoe launched its new TITAN ™ series of steam reforming catalysts. The company says that the new series, which consists of the RC-67 TITAN and RK-500 TITAN catalysts, offers improved performance and longer catalyst lifetime thanks to the hibonite-rich composition. The addition of titanium promoters adds exceptional mechanical strength while a seven-hole cylindrical shape yields both a very low pressure drop and a high surface area. Pressure drop build-ups in syngas plants can cause unscheduled downtime and cost millions of dollars, while thermal instability during operation can lead to operational risk and reduce plant lifetime. Topsoe says that the catalysts can mitigate these risks, ensuring lower operating costs, increased profit margins, and reduced energy usage.
Haldor Topsoe and Sasol have announced that they have entered into a collaboration agreement to jointly license their GTL technologies. For many years, the two companies have worked together on numerous GTL projects and technologies, and Topsoe’s Syn-COR™ syngas generation technology and Sasol’s Fischer-Tropsch technologies have been licensed for several world-scale GTL ventures. Under the new collaboration agreement, the companies will continue to offer these core technologies, but will now also provide Topsoe’s hydroprocessing and hydrogen technologies. This gives potential customers access to a single-point licensing offering that covers the entire value chain from gas feed to liquid fuels. As single-point licensors, Sasol and Topsoe will offer customers all necessary technology licenses for a complete GTL solution and in addition provide basic engineering, catalysts, and hardware.
Brazil is the main centre for new nitrogen demand in Latin America, but in spite of major oil and gas discoveries in the 2000s, has failed to develop a downstream nitrogen fertilizer industry.
The Ma’aden Wa’ad Al Shamal Phosphate Company (MWSPC) has signed a service agreement for a period of three years with DuPont Clean Technologies for its sulphuric acid plant at Sirhan. The service programme will include activity testing of catalyst samples, evaluation of catalyst performance, plant optimisation, troubleshooting and management of catalyst replacement. DuPont says that it will also track plant performance and assess its overall health using pre-agreed metrics and its proprietary PeGASyS™ gas chromatography system, which can be used to detect possible leaks in gas-gas heat exchangers, identify SO2 gas bypassing and measure overall plant conversion in order to optimise plant operation, reduce SO 2 emissions, increase production and improve converter performance.