Page 158 - CW E-Magazine (3-9-2024)

News from Abroad News from Abroad

FINANCIAL CLOSURE ENABLING CIRCULARITY
TAQA-JERA’s co-generation plant to supply power Neste expanding chemical recycling logistics

and steam to Aramco-TotalEnergies jv in Saudi Arabia infrastructure at Porvoo refi nery

UAE’s utilities and energy group, signifi cant success for TAQA, JERA Finland’s renewable fuels and the Porvoo refi nery in Neste’s Oil Pro-
Abu Dhabi National Energy Company and SATORP. This new cogeneration chemicals supplier, Neste, said it is ex- ducts business unit. “The new logis-
PJSC (TAQA), and Japanese power plant, based on advanced J-class gas panding its logistics infrastructure for tics infrastructure is one of these steps.
generation company, JERA, have turbine technology, is designed to opti- liquefi ed recycled raw materials at its It puts us in a good position to pro-
announced the fi nancial closing of Najim mise energy effi ciency, and reduce refi nery in Porvoo (Finland), including cess larger and continuous volumes of
Cogeneration Company Ltd., a new environmental impact, and it will play materials such as liquefi ed waste plastic liquefi ed recycled raw materials. This
industrial steam and electricity cogenera- a crucial role in supporting SATORP’s and liquefi ed rubber tyres. This lays the will be needed when we start using the
tion plant that will produce electricity and maintenance (O&M) of the plant strategic expansion operations.” foundation to handling larger amounts new upgrading unit, which is able to
and steam for a petrochemical complex through an O&M special purpose entity. of liquefi ed raw materials to sup- heating to stay liquid. At the same time, process 150,000 tons of liquefi ed waste
located in Jubail in Saudi Arabia. The plant’s fi nancial closing comes Featuring state-of-the-art power port Neste’s plans to advance chemi- the systems need to come with higher plastic per year,” he added.
after TAQA and JERA entered into a and steam generation systems, gas and cal recycling and transform the Porvoo resistance to corrosion. In addition to
The new cogeneration plant will power and steam purchase agreement water receiving systems, and gas insulated refi nery into a renewable and circular the unloading arm and pipelines, Neste The new logistics infrastructure is
supply up to 475 megawatts (MW) of with Saudi Aramco Total Refi ning and switchgear interconnections, the plant solutions hub. is also building a vapor recovery unit, expected to be completed later this year.
power and approximately 452 tonnes Petrochemical Company (SATORP), a is designed to meet the stringent effi - contributing to emission control of the It will, therefore, be available when Neste
per hour (TPH) of steam from advanced joint venture company owned by Saudi ciency standards. Moreover, the project The new logistics installations com- operations. fi nishes construction of its liquefi ed
combined cycle gas fi red technology Aramco and France’s TotalEnergies has provision for the future installation prise dedicated unloading facilities – at waste plastic upgrading unit at the Porvoo
and will be developed by a special pur- in March 2024. of a carbon capture plant and is capable the refi nery’s harbour, Neste is building “The transformation of our Porvoo refi nery, which is currently being built
pose entity owned by TAQA (51%) and of hydrogen cofi ring. The SATORP an unloading arm with a heating system refi nery into a renewable and circular as part of the project PULSE, planned to
JERA (49%) on a 25-year build, own, Mr. Steven Winn, Chief Global Strategic Expansion petrochemical as well as pipelines to connect the solutions hub will require many indivi- be fi nalised during 2025. At the upgrad-
and operate basis extendable by fi ve Strategist, JERA, said, “Achieving complex is expected to house one of harbour with dedicated storage tanks. dual steps and adjustments,” explained ing unit, the liquefi ed raw materials are
years on mutual agreement. TAQA and fi nancial close for the SATORP Strategic the largest mixed-load steam crackers Unlike regular crude oil, liquefi ed waste Mr. Jori Sahlsten, Senior Vice President turned into high-quality feedstock for the
JERA will also undertake the operation Expansion cogeneration plant marks a in the GCC region. plastic or discarded rubber tyres require of Refi nery and Terminal Operations at plastics and chemicals industry.

EVENT ANNOUNCEMENT Toyo, Pupuk, and Itochu to collaborate on green
Oman to host GPCA Forum in December ammonia project in Indonesia

The 18th Annual GPCA Forum, lowed by a CEOs plenary keynotes Japan’s Toyo Engineering has the world’s fi rst commercial-scale green
the Gulf Petrochemicals and Chemi- presented by Mr. Jim Fitterling, Chair & announced a Joint Development Agree- ammonia production from an existing
cals Association’s (GPCA’s) fl agship CEO, Dow, and Dr. Ilham Kadri, CEO, ment (JDA) with Pupuk Indonesia ammonia facility for marine fuel. The
event, hosted by OQ, will take place for Syensqo. Holding Company (PIHC), and Itochu project has been chosen to receive subsi-
the fi rst time in Muscat, Oman, from Corporation for the installation of a dy from the Indonesian government.
2-5 December 2024. The forum will Other co-located events will include water electrolyser at Pupuk Iskandar
address the theme “Industry’s next the ‘2nd GPCA Solutions Xchange Pro- Muda’s (PIM’s) ammonia plant is As part of this joint development,
chapter: Driving sustainable advance- gram’, taking place from 3-4 December, operated by PIHC. the Front End Engineering Design
ment for global progress”. Water Authority (EWA), Bahrain and the ‘6th GPCA Legacy Award – Al be produced by leveraging a portion (FEED) phase will begin immediately.
Chairman of Board of Directors, GPIC, Rowad’, which will take place on 2 The project aims to produce green of the capacity from an ammonia plant
The forum will open with wel- will deliver a special address to the December, the ‘3rd edition of the GPCA ammonia by utilising green hydrogen originally designed and built by Toyo in Toyo Engineering, PIHC, and Itochu
come remarks from Mr. Abdulrahman audience. Youth Forum’ being held from 2-5 derived from renewable energy sources. the 2000s, currently operated by PIM in will establish a joint venture company
Al-Fageeh, CEO, SABIC, followed December. The forum will also host the The JDA was unveiled at the 2nd Aceh Province’s special economic zone. (JVC) to oversee the project. The aim
by a ministerial address by Mr. Salim Mr. Shaikh Nawaf S. Al-Sabah, inaugural ‘GPCA Startup Nexus’, which Ministerial Meeting of the Asian Zero Itochu will procure this green ammonia is to fi nalise the investment decision
bin Nasser bin Said Al Aufi , Minister CEO, Kuwait Petroleum Corporation, aims to foster innovation and collaboration Emission Community (AZEC) in Jakarta for use as marine fuel, establishing a new (FID) in the fi rst half of 2025. Following
of Energy and Minerals, Oman, on 2 and Mr. Mulham Basheer Al-Jarf, by bridging the gap between the start-up on August 21, 2024. value chain. The project plans to poten- this, the project is slated to commence
December 2024. Mr. Kamal bin Ahmed Chairman, OQ, will participate in a ecosystem and the chemical & petro- tially expand this system to other exist- commercial operations (COD) in
Mohammed, President of Electricity & fi reside chat on 3 December 2024, fol- chemical industry in the region. In this initiative, green ammonia will ing PIHC plants in the future, marking 2027.

158 Chemical Weekly September 3, 2024 Chemical Weekly September 3, 2024 159

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