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12-19-2007: Basell, the National Gas Company of Trinidad and Tobago, Ltd. (NGC), and the National Energy Corporation of Trinidad and Tobago, Ltd. (NEC) announced that they have entered into a Memorandum of Understanding (MOU) confirming their intention to construct and operate a fully integrated polypropylene complex in Trinidad and Tobago.
The MOU includes the construction of a methanol plant, which will exclusively supply a methanol-to-propylene unit at the complex. The propylene produced at the complex will be the feedstock for a world-scale 450 KT per year polypropylene plant based on Basell's Spherizone technology. Start up is tentatively scheduled for 2012. The whole project will be undertaken in conjunction with Lurgi AG, the industry leader in methanol and methanol-to-propylene (MTP) technology. The polypropylene complex is one of the cornerstones of the country's strategy to promote downstream diversification and to build the foundation for a value adding local plastics industry.
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Lurgi to manage Technology Coordination for Hydrocracker
Lurgi GmbH, Frankfurt, a subsidiary of the Air Liquide Group, recently received an order from OJSC “TAIF-NK”, Nijhnekamsk, Tatarstan to manage the technology coordination for a hydrocracker and downstream process units to be built in the Russian refinery TAIF-NK. Lurgi’s task will be to mon ... more
Basell, the National Gas Company of Trinidad and Tobago, Ltd. (NGC), and the National Energy Corporation of Trinidad and Tobago, Ltd. (NEC) announced that they have entered into a Memorandum of Understanding (MOU) confirming their intention to construct and operate a fully integrated polypr ... more
Air Liquide finalises Lurgi acquisition
Air Liquide has finalised on 20 July 2007, its acquisition of the engineering firm Lurgi for an enterprise value of EUR200 million, after obtaining approval from the relevant competition authorities and as described in the press release dated 17 April 2007. The integration of Lurgi into th ... more
Basell, the National Gas Company of Trinidad and Tobago, Ltd. (NGC), and the National Energy Corporation of Trinidad and Tobago, Ltd. (NEC) announced that they have entered into a Memorandum of Understanding (MOU) confirming their intention to construct and operate a fully integrated polypr ... more
Start of production of world's largest lng plant in Caribbean
Repsol YPF announced the start of production from the fourth train at the Atlantic LNG plant in Trinidad & Tobago, the largest in operation anywhere in the world, in which it holds a 22.22% stake. The start up of this fourth train will add between 5 and 10 million barrels per year to Repsol ... more
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