Tag: Contract

Construction work has begun on a new hydrocracking complex for the Assiut refinery in Egypt, in the central Nile valley, according to TechnipFMC plc, who won the $1 billion engineering, procurement, and construction (EPC) contract for the project. The contract involves construction of new processing units including a vacuum distillation unit, a diesel hydrocracking unit, a delayed coker unit, a distillate hydrotreating unit and a hydrogen production unit which will use TechnipFMC’s proprietary steam reforming technology.

Brimstone STS Ltd. today announced a new partnership with Sulphur Recovery Engineering Inc (SRE). The two companies say that this collaboration will bring together decades of experience and the latest technology in support of the sulphur recovery and gas treating industry worldwide.

In early October Tesla held a ‘battery day’ event at its headquarters in Fremont, California. Speaking at the event, company founder and CEO Elon Musk outlined his vision for the electric car industry over the coming decades, and spoke particularly to his ambitions for the nickel industry. He had already called for more mining of nickel earlier in the year, and has said that Tesla is developing cathodes that will contain higher nickel and no cobalt. The latter comes after a lawsuit against Tesla and several other high-tech US firms for allegedly supporting human rights violations by buying cobalt from the Democratic Republic of Congo. Musk echoed the potential ‘reputational risk’ for the nickel market and called for more sustainable nickel production, dangling the prospect of a “giant contract” with any miners that could produce nickel in an “environmentally sensitive way.” Tesla is reportedly in discussions with Vale and BHP as well as the Indonesian government concerning potential investments in nickel production.

Brazil’s phosphate industry is on a growth dash to meet rising domestic demand. We report on the major acquisitions, investments and expansions by CMOC, Mosaic, Yara and Itafos.

Recent protests in Belarus have triggered a wave of share price volatility, London’s Financial Times reported on 18th August.

Sophisticated control of phosphates production is now possible thanks to the availability of real-time process analysers. We assess the range of technologies currently on the market and their key advantages.

DuPont Clean Technologies has announced the successful startup and performance test of a 300,000 t/a STRATCO® alkylation unit licensed at the Hengli Petrochemical Company’s new refinery complex on Changxing Island in the Harbour Industrial Zone, China. The new alkylation unit enables Hengli to produce high-quality alkylate from a 100% isobutylene feed stream, catalysed by sulphuric acid. This first-of-a-kind unit was developed through DuPont research into the best ways to maximise product octane and minimise end point with this feedstock. Hengli had awarded DuPont the contract for the new alkylation unit as well as a MECS® sulphuric acid regeneration unit in 2015.

Spanish fertilizer producer Fertiberia is teaming up with energy firm Iberdrola to build Europe’s largest plant for generating green hydrogen for industrial use – in this case ammonia production. The 100MW solar plant and accompanying 20 MWh lithium-ion battery system and 20MW electrolytic hydrogen production system will be built at a cost of $174 million, and electrolyse water to produce 720 t/a of hydrogen. When fed into Fertiberia’s existing ammonia plant at Puertollano, 250km south of Madrid, the hydrogen will allow a 10% reduction in natural gas use by the plant, saving the company 39,000 t/a in annual CO 2 emissions. Start-up is planned for 2021. Fertiberia will also use electrolysis-generated oxygen as a raw material for nitric acid, which is used to produce ammonium nitrate at the site.

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.

“T here are,” Mark Twain once remarked, “three kinds of lies: lies, damned lies, and statistics.” It’s certainly difficult to know what to make of economic statistics and indicators at the moment, in the world turned upside down that the Covid-19 pandemic has delivered. Here in the UK, we are told that April and May saw the national economy contract by 25%, the largest fall in 300 years of the Bank of England’s economic record keeping, and the situation is very similar across much of the developed world. But how real is that figure? After all, we were all sent home in March, to ‘lock down’ and prevent the spread of the virus, and we are only now starting to move back towards some semblance of normality. Some of us, fortunately or not, have still been able to work from home, but for much of the economy, especially for much of the service sector; tourism, travel, restaurants and hotels, theatres and cinemas – there has been zero activity. Remove half of the largest sector of the economy for three months and surely a 25% fall in output is exactly what you’d expect? But is that real, or just a number? Has that activity gone for good, or, now that we are emerging, blinking into the sunlight again, can we switch the economy back on again as easily as we switched it off?