15-07-2019
OMV continues to expand petrochemicals business
OMV, the international, integrated oil and gas company headquartered in Vienna, has made the decision to invest EUR 64 mn in the construction of an ISO C4 plant – the building phase is now imminent: construction of the new plant will begin in summer 2019 at the Burghausen Refinery, with operations planned to start in September 2020. From this point onwards, high-purity isobutene will be produced in Burghausen using a brand new technology.
The idea behind the innovative method for heat integration came about through a collaboration by OMV and BASF and was jointly filed for a global patent by both companies. As a supplier of catalysts and licensor of petrochemicals technologies, BASF offers a catalyst system that intrinsically fulfils all process requirements. The new unit for the production of high-purity isobutene will be integrated into the existing metathesis plant at the OMV Burghausen Refinery, which is responsible for the energy-efficient manufacturing of propylene for the plastics industry. One major advantage here is the exceptional energy efficiency of the planned ISO C4 unit. The strategy developed by OMV for heat integration allows up to 80% of the heating energy required by the new process to be met by waste heat from existing facilities. The ISO C4 unit will have a production capacity of around 60,000 t/a.
Isobutene is part of the C4 hydrocarbons group and is produced from crude oil components by means of thermal cracking. The isobutene produced will complement the current OMV product portfolio and will be used for manufacturing glues, grease and other chemicals such as antioxidants, as well as in the production of vitamin C.
"The new ISO C4 unit is a further element that highlights OMV's talent for innovation. This exceptionally efficient and innovative technology has allowed us to raise the bar yet again in the petrochemicals sector following on from our metathesis plant that has been operational since 2007. In the medium to long term, the demand for fossil fuels will change, which will also affect the refining business. That is why the strategic focus of the OMV Downstream business lies in petrochemicals. We want to achieve long-term, sustainable growth and continue to strengthen our competitive position", said Thomas Gangl, OMV Executive Board member for Refining & Petrochemical Operations.
"With this seminal new technique for producing a key chemical, BASF is helping its customers to achieve more energy-efficient production. As the global market leader for process catalysts, we serve as a development partner for our customers and are proud to support OMV in becoming even more successful", said Detlef Ruff, Senior Vice President Process Catalysts at BASF.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024