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Tag: Refinery

Price Trends

At the end of August, the Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) tendered for 35,000 tonnes of sulphur for September loading from Ras Laffan, with offer prices reported at or around $130s/t f.o.b., according to market sources. Bids were received at multiple levels, with market participants initially anticipating awards around the mid-$120s/t f.o.b. The tender result was higher than market expectations and would equate to delivered prices to key Asian markets at $150-155/t c.fr. But prices in China and Indonesia remained lower this week at around $140-145/t c.fr, with India at $145-150/t c.fr. Prices have increased steeply since Muntajat’s 25 June session, which was indicated awarded in the mid-$80s/t f.o.b.. and Muntajat posted its Qatar Sulphur Price (QSP) for September at $125/t f.o.b., up $19/t from $106/t f.o.b. in August. This represents the highest QSP since March 2023 at $133/t f.o.b., and reflects delivered levels to China nearing $150/t c.fr at current freight rates. Tight supply and strong downstream demand have pushed tender prices higher. Muntajat tenders were previously awarded at $92/t f.o.b. in April, up from $88/t in March and the low $80s/t f.o.b. in February.

Sulphur Industry News Roundup

Shell Deutschland has taken a final investment decision (FID) to progress REFHYNE II, a 100 MW renewable proton-exchange membrane (PEM) hydrogen electrolyser at the Shell Energy and Chemicals Park Rheinland in Germany. Using renewable electricity, REFHYNE II is expected to produce up to 44 t/d of renewable hydrogen to partially decarbonise site operations. The electrolyser is scheduled to begin operating in 2027. Renewable hydrogen from REFHYNE II will be used at the Shell Energy and Chemicals Park to produce energy products such as transport fuels with a lower carbon intensity. Using renewable hydrogen at Shell Rheinland will help to further reduce Scope 1 and 2 emissions at the facility. In the longer term, renewable hydrogen from REFHYNE II could be directly supplied to help lower industrial emissions in the region as customer demand evolves.

A better understanding of SRU incinerators

Sulphur Experts outline the steps required to determine optimised SRU incinerator operating conditions. Although a proper determination of the ideal SRU incinerator operating conditions for any given facility is complicated by a combination of inconsistent permitting standards and poor understanding of the role of the SRU incinerator, the payoff for incinerator optimisation is a significant decrease in natural gas usage with corresponding savings in operating costs, a decrease in CO2 emissions, and a simultaneous reduction in NOx and SO3 emissions.

People

CITGO Petroleum Corporation has named Dennis Willig as the company’s new Vice President of Refining, where he will oversee operations at the company’s three refineries located in Lake Charles, Louisiana.; Lemont, Illinois; and Corpus Christi, Texas. Willig most recently served as Vice President and General Manager of the Corpus Christi Refinery, and prior to that was the Vice President and General Manager of the Lemont Refinery, where he spent the majority of his 28-year career with CITGO. Replacing Willig as the new Vice President and General Manager Corpus Christi Refinery is Ryan Vining , who spent the last 24 years at the CITGO Lake Charles Refinery, most recently as General Manager Operations, Maintenance and Reliability. Both appointments are effective from February 1st, 2024.