You are currently viewing: News



31-01-2019

Saudi Aramco and Total sign MoU with Daelim to build Polyisobutylene facility

Saudi Aramco with its partner Total today announced the signing of a Memorandum of Understanding (MoU) with Daelim, a South Korean petrochemical company. Under the MoU, Daelim is planning to build a new 80,000 tons state-of-the-art Polyisobutylene (PIB) plant, which is expected to come on-stream in 2024. This agreement is another step to drive Saudi Aramco’s petrochemicals growth strategy. This follows Saudi Aramco’s announcement in October 2018 to launch an engineering study to build a large petrochemical complex in Jubail.

The launch of the Front-End Engineering and Design (FEED) of the PIB plant will start in February 2019 and will be concluded in Q4 2019. The new petrochemicals facility will be using feedstock from the Amiral complex in Jubail, located on Saudi Arabia’s eastern coast. It is the first time that the PIB product will be developed in the Kingdom.

The facility’s location in Saudi Arabia will give Daelim access to competitive feedstock and energy, with large infrastructure, to better serve customers in the Middle East and markets across Europe and Asia.

This specialty chemical project will be part of the large-scale petrochemical complex of Amiral, located in the value park. It will be using Daelim’s PIB proprietary technology to produce a wide range of products in a single plant, from conventional PIB (CPIB) to highly reactive PIB (HR-PIB).

PIB is a high value-added chemical product and has a wide range of industrial applications such as adhesives, lubricants and fuel additives.

Sponsor : 

Other News Items

Fluor to design and build new Valvoline lubricants facility in China

Fluor Corporation announced today that it was awarded the engineering, procurement and construction management contract for Valvoline’s new blending and packaging ...

15-02-2019

Gazprom Neft introduces digital energy standards in its refining operations

A pilot “Digital Substation” IT suite has gone into operation at Gazprom Neft’s Omsk Refinery, with this new facility set to become ...

15-02-2019

HPCL-Mittal Energy Limited selects LyondellBasell’s Spheripol technology

LyondellBasell, the world’s largest licensor of polyolefin technologies, today announced HPCL-Mittal Energy Limited, has selected LyondellBasell’s fifth generation ...

13-02-2019

StyroMax UL3 catalyst delivers excellent results at Shandong Yuhuang plant

Clariant, a world leader in specialty chemicals, today announced the successful performance of its StyroMax UL3 ethylbenzene dehydrogenation catalyst at the styrene monomer ...

12-02-2019

Velocys ammends agreement with Red Rock Biofuels

Velocys plc, announces it has agreed a series of amendments in its licensing contracts with Red Rock Biofuels LLC (RRB), regarding RRB’s license of Velocys Fischer-Tropsch ...

12-02-2019

5 key takeaways about digitalization in Oil & Gas

The aftermath of the IIoT and Digital Solutions for Oil and Gas conference has revealed several key takeaways regarding digitalization in oil and gas. Among the main ...

11-02-2019

SPECTRO introduces SPECTROGREEN ICP-OES analyzer

SPECTRO Analytical Instruments has introduced its new SPECTROGREEN inductively coupled plasma optical emission spectrometry (ICP-OES) analyzer, debuting its new revolutionary ...

11-02-2019

Meridian establishes site control for Permian Basin refinery

Meridian Energy Group, Inc., the emerging growth refining firm and leading innovator in advanced technology and environmentally-beneficial petroleum processing facilities, ...

11-02-2019

Eni and SABIC joint technology agreement

Eni and SABIC today signed a Joint Development Agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be further ...

08-02-2019

BHGE to supply turbomachinery equipment for Golden Pass LNG export facility

Baker Hughes, a GE company (NYSE: BHGE), announced it will supply turbomachinery equipment for the construction of the Golden Pass LNG export facility in Sabine ...

07-02-2019