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News from Abroad                                                                                                                                                                  News from Abroad


       GROWTH PLANS                                                                                                  LEVERAGING SYNERGIES
       Petrobras plans $6-bn investments in refi ning                                                                 WeylChem Wesseling sets up new advanced

       and petrochemicals projects in Rio de Janeiro                                                                 materials business line in Germany


          Barzilian state-owned oil & gas giant,                                Boaventura Complex,  which              German manufacturer of cyanogen
       Petrobras, is set to invest around 33-bn                                 will  participate  in  capacity      chlorides derivatives, WeylChem Wes-
       reais  (around  $6-bn)  in  refi ning  and                                reserve auctions.                    seling has announced the formation of
       petrochemical projects in Rio de Janeiro,                                                                     a new  ‘Advanced Materials Business
       as part of its 2025-2029 Business Plan.                                     A  lubricant  oil  re-refi ning    Line’.  The company is  part of  Weyl-
                                                                                project with a capacity of 30,000-   Chem  Group  of  Companies,  the  fi ne
          Of this total, 29-bn reais will come                                  m³/month is  also  under evalua-     chemicals platform of  International
       directly from Petrobras’s  capex, with                                   tion at Reduc. With the operation    Chemicals Investors Group.
       an additional 4-bn reais allocated to a                                  of the Boaventura complex for
       synergistic project with its assets. Ser-                                Group-II lubricant  oil produc-         Cyanogen  chloride  is a key build-
       vice packages  for these initiatives  are                                tion, Reduc may repurpose exis-      ing block for cyanate esters and other
       currently in the bidding phase. An esti-                                 ting  units  to  re-refi ne  used  oil.   crosslinking agents like Triallyl Cyanurate
       mated 26-bn reais from this investment                                   In the petrochemical  segment,       (TAC) and Isocyanurate  (Taicros).
       is dedicated to integrating the Boaven-  city is expected to rise by 20,000-bpd,  a study for the production of acetic   The company operates Europe’s largest
       tura Energy Complex  and the Reduc  and Group-II lubricating oil production  acid and monoethylene glycol (MEG)   backward-integrated feedstock  supply
       refi nery in Rio de Janeiro.       by 12,000-bpd.                   is under evaluation  at  the  Boaventura   of cyanate ester raw materials  and its
                                                                          complex. Brazil currently imports its      derivatives,  supported by on-site hy-  “We  are entering the advanced mate-  TAC and Taicros are widely used as
          The integration will boost  produc-  The project also includes a dedicated  entire acetic acid demand and comple-  drogen cyanide (HCN) network. “This  rials market with a strong product port-  crosslinker in polyphenylene oxide
       tion capacities,  which include an in-  bio jet fuel plant at the Boaventura  ments MEG  demand with imports. In   strategic  position has enabled  a for-  folio. Our  products will be marketed  (PPO) and hydrocarbon resins. BTCDA
       crease of 76,000 barrels per day (bpd)  complex, with a production capa-  addition  to Petrobras’ projects  in the   ward  integration  initiative, including  under the  Welcure and  Welset brand  is  recognised  in  the  electronics  and
       in S-10 diesel output, with 56,000-bpd  city of 19,000-bpd of renewable fuels  region,  Braskem,  a  Petrobras  affi  liate,   investment  in cyanate ester chemistry  names.”      aerospace markets for epoxy curing
       from  quality  improvements  and  (hydrotreated vegetable oil, HVO  is planning to expand its polyethylene    to meet both current and future customer                            and polyimide building blocks.
       20,000-bpd from additional capacity.  and sustainable aviation fuel, SAF);  plant, increasing the unit’s production   needs,” the company said.    Initial  off erings  from  the  Ad-  WeylChem Wesseling also announced
       Furthermore, jet fuel production capa-  and two gas-fi red power plants at the  capacity by up to 230-ktpa.                                      vanced Materials Business Line will  a long-term strategic partnership with
                                                                                                                        Dr. Stefan  Sigmund,  Managing  include Welcure BTCDA and Welcure  Novoset, a US-based advanced mate-
       SHIFTING FOCUS                                                                                                Director of WeylChem Wesseling, said,  CAF, along with  TAC  and  Taicros.  rial company.
       GES exits Dutch market with sale of Rotterdam terminal                                                        AMORPHOUS ALLOYS
                                                                                                                     Liquidmetal plans new manufacturing site in Hangzhou
          Global Energy Storage Group                                              demand for bulk liquid
       (GES), the Singapore-based builder of                                       storage, including chem-             Liquidmetal Technologies,  a  US-                                ture 71,000 square feet of manufactur-
       energy storage assets, has announced                                        icals, biofuels, and new          based contract manufacturer that uses                               ing space that can hold up to 40 die-cast
       the sale of its Rotterdam  terminal  to                                     energy products, contin-          a patented injection moulding process                               machines and is currently expected to
       France’s  Tepsa, for an  undisclosed                                        ues to rise.                      to produce amorphous metal  compo-                                  be operational in the middle of 2026.
       amount. The move marks its exit from                                                                          nents, has announced  that  its Hong
       the Dutch market, and sharpens GES                                             Peter  Vucins, CEO of          Kong-based  subsidiary,  Liquidmetal  will be owned 70% by Liquidmetal   Liquidmetal focusses on developing
       focus on growth in  Asia, particularly                                      GES,  commented, “Part            Asia Holdings Ltd., has entered  into  Asia and 30% by an individual investor  parts made with bulk amorphous alloys,
       its  fl agship  terminal  in  Port  Klang,                                   of the investment cycle is        an agreement to form a joint venture  with $6-mn of initial capital investment.  known  scientifi cally  as  bulk  metallic
       Malaysia.                                                                   realising value from assets       company named Hangzhou Feifeng                                      glasses or BMGs.  The non-crystalline
                                                                                   at the right time, and            Liquidmetal Co. Ltd.                 Hangzhou  is a  rapidly  emerging  atomic structure of these materials im-
          The terminal, located in the Port of   With the sale of the Rotterdam  we  are  confi dent  this  was  the  right                             innovation hub located in the heart of  parts unique performance properties,
       Rotterdam, includes 212,000 m³ of tank  terminal, GES no longer holds  moment for GES.  We are now fully         The jv will be developing a manu-  advanced manufacturing corridor, sur-  including the ability to injection-mould
       storage and approximately 18 hectares  assets in the Netherlands. The com-  focused on growing our  business in   facturing facility in the city of Hang-  rounded by global companies such as  with micron-level precision, lustrous fi ni-
       of development land in the Europoort  pany said its growth strategy remains  Asia, with Port Klang at the centre of   zhou, China for the manufacture of  Foxconn and Alibaba. The jv’s manu-  shes, high strength, hardness and corro-
       area.                             firmly anchored in  Asia, where  that strategy.”                            amorphous alloy products. The company  facturing facility is anticipated to fea-  sion resistance, and remarkable elasticity.


       152                                                                      Chemical Weekly  July 22, 2025       Chemical Weekly  July 22, 2025                                                                  153


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