Price Trends
Meena Chauhan, Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.
Meena Chauhan, Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.
How the macro market responds to the coronavirus pandemic over the months ahead and governmental response in different parts of the globe will likely have a lasting impact on the outlook for the sulphur market.
Shell Global Solutions International BV (Shell) has awarded Worley two contracts for PT Pertamina EP Cepu’s (PEPC) new sulphuric acid plant in Indonesia. This plant is part of the Jambaran-Tiung Biru utilised gas field project for PEPC, which is a subsidiary of PT Pertamina-Indonesia’s state-owned energy company. Under the contracts, Worley will supply be supplying Chemetics’ cooled oxidation reactor (CORE) technology. This is the first time that CORE will be paired with Shell’s Cansolv SO2 capture technology. Worley gained the Chemetics technology as part of its Jacobs Energy, Chemicals and Resources acquisition last year. Cansolv controls the emissions and captures additional by-product value from the sulphur dioxide emitted from various refinery flue gas streams (such as cracking units, process heaters and boilers), sulphur plants and spent acid regeneration units. Sulphur dioxide can be recycled to the sulphur recovery unit to be produced as marketable sulphur or converted to sulphuric acid.
We highlight recent innovations in sulphuric acid plant design and construction. NORAM and CPPE are offering a new hybrid sulphuric acid process. KVT, meanwhile, has upgraded its wet sulphuric acid technology to reduce capex, opex and emissions. Improved methods of construction and new materials from Koch Knight are also helping to optimise acid tower design
Claira Lloyd, Sulphur Editor and Sulphur Fertilizers Team Leader, Argus Media, assesses price trends and the market outlook for sulphur.
Middle East supply will return to normal at the start of the second quarter with bottlenecks in the UAE and maintenance in Saudi Arabia at an end. But this is unlikely to result in lower Middle East f.o.b. prices until the second half of April, if not early May. This is because buyers who found it hard to find March loading cargoes will snap up any April product as soon as it’s made available.
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.
A New Year is typically a time for taking stock, for looking back at the year just gone, and thinking about the year to come. This year of course marks a bigger transition, from the 2010s to the 2020s. The past decade has been a volatile one, existing under the shadow of the global financial crisis of 2008-09, from which the world was still just emerging in 2010. Over the past decade, ‘quantitative easing’ has helped prevent deflation and driven a decade long stock market rally, but also kept both public and private debt levels high, as interest rates stay low. Weaning the global economy off QE has proved to be far more difficult than many anticipated.
CRU’s Sulphur + Sulphuric Acid 2019 conference was held in Houston last November.
Meena Chauhan , Head of Sulphur and Sulphuric Acid Research, Argus Media, assesses price trends and the market outlook for sulphur.