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Major Brazilian drilling contractor Ocyan has selected Kongsberg Digital’s SiteCom® software to provide real-time drilling data from their rigs.

“We are very happy Ocyan has decided to use SiteCom for making data available in WITSML. As an operator, having access to complete, standard data in one system is a prerequisite to digitalize and automate processes in scale. Ocyan’s requirements for real-time data shows the robustness and versatility of SiteCom as a data collection software for the industry”, said Kristian Hernes, SVP Digital Wells, Kongsberg Digital.

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Ocyan is one the largest drilling contractors in Brazil with an offshore fleet in service for major operators in the area. From now on, their rigs will be using Kongsberg Digital’s SiteCom solution to collect and convert data from different data sources making standard data available for Ocyan´s main data platform Ocyan SMART. Besides the Drilling Control System, rigs are also configured to receive marine data, data from dynamic positioning systems, ocean current meter systems, and will be integrated with third parties for calculating drilling riser fatigue.

“SiteCom is helping Ocyan to have a reliable and robust system onboard, connected to multiple sources and different protocols, converting data to WITSML standards in order to meet our Client’s requirements”, said Rodrigo Chamusca Machado, Technology and Innovation Manager, Ocyan.

About Kongsberg Digital

Kongsberg Digital is a provider of next-generation software and digital solutions to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 500 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations. Kongsberg Digital is the group-wide center of digital expertise for KONGSBERG.

www.kongsberg.com/digital/products/oil-and-gas/

www.kongsberg.com

DriveTech, a leading driver training and risk management organisation, and part of the AA, has agreed a strategic partnership with r2c, a leading UK fleet software provider, to help businesses stay safer and drive further efficiencies in their fleets through an enhanced range of benefits.

r2c offers easy to use, cloud-based solutions that cover driver pre-use checks, incident and maintenance management, as well as store and share documents and invoices, and generate sophisticated reports with insights on fleet performance and total cost of ownership.

Combining DriveTech’s comprehensive range of products, from licence-checking to online assessments, e-learning and a whole host of effective driver training interventions, enhances the offering further, and complements r2c’s already diverse compliance and efficiency provision with driver risk management tools.

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The new collaboration means both parties will offer this broader range of services effective from July 2021. It has appeal to larger fleets as well as in the SME marketplace.

Commenting on the new strategic arrangement, r2c Online Managing Director Tim Meadows said: “Continually expanding our provision to include more key services has always been at the heart of the r2c technology, and our clients clearly want licence check and driver assessment features. We decided to partner with DriveTech as it is the market leader and enhances our already sophisticated range of services.

“Having DriveTech’s risk management products in our portfolio further strengthens our proposition as a leading provider of cost-effective, compliant and safe fleet management.”

DriveTech’s Oli Stevenson added: “The r2c online service network is impressively well-designed platform used by a broad cross-section of the fleet market. Combined with our licence-checking capabilities, proven driver and fleet assessments services, and highly flexible suite of e-learning modules and on road training courses, we will hopefully see even more fleets benefitting from the combined value of our proposition.”

About DriveTech

DriveTech is an established and proven leader in the provision of quality driver risk management and driver training for global businesses. Businesses that recognise their real duty of care, that are driven to control costs and have a commitment to road safety and saving lives, turn to DriveTech as a professional and collaborative supplier.

For more information on DriveTech's global fleet risk management services, visit https://www.drivetech.co.uk/global-business-fleet-solutions/

About r2c Online

r2c Online is a leading UK provider of connected software platforms for vehicle compliance and maintenance management. Established in 2003, the company today has 95,000 users among 50,000 fleets with 1,400 workshops, operating more than 18 million service records.

Additional products include a walkaround check app, digital jobsheets, and service, maintenance and repair authorisation and invoicing. For further information, please visit www.r2conline.com.

r2c Online is owned by FLEETCOR Technologies, Inc.

About FLEETCOR Technologies, Inc.

FLEETCOR Technologies, Inc. is a leading global provider of commercial payment solutions. The company helps businesses of all sizes better control, simplify and secure payment of their fuel, toll, lodging and general payables. With its proprietary payment networks, FLEETCOR Technologies, Inc. provides affiliated merchants with incremental sales and loyalty. FLEETCOR Technologies, Inc. serves businesses, partners and merchants in North America, Latin America, Europe and Australasia. For more information, visit www.fleetcor.com 

A short training session and the use of professional tools from NSK: with these two simple measures, a company in the glass recycling industry was able to reduce the manpower costs required for bearing replacement by a factor of four and increase the service life of mounted bearings.

Nowadays, the circular economy is the objective for many types of material, but in the case of glass it has been standard practice for decades. The established glass recycling chain makes a considerable contribution to conserving resources.

Bearings have to endure challenging conditions in glass recycling plants. Photo: iStock.com/pixinooBearings have to endure challenging conditions in glass recycling plants. Photo: iStock.com/pixinoo

Specialist companies play a major role in this conservation effort by collecting and processing used glass, and supplying it to glassworks as a valuable (secondary) raw material. One of these companies, which operates several sites in Germany, employs its own maintenance teams at each plant. The maintenance technicians are constantly busy because the abrasive glass dust affects the bearings in the processing and conveyor systems. This extremely fine dust is able to penetrate the bearings and significantly shorten their service life.

As a consequence, the maintenance operatives were having to replace the bearings again and again, prompting a number of pertinent questions: was the team proceeding with sufficient professionalism, and was it using the optimum tools? Furthermore, were improvement options available that could extend bearing life, regardless of the environmental conditions?

With these questions, the glass recycling company requested support from NSK’s bearing experts, who could see the potential for improvement. In the first instance, an NSK training course for maintenance personnel helped to unlock this potential. Specialist trainers from NSK provided operators with information on how to proceed when mounting and dismounting bearings, supported by the adoption of professional, dedicated tools.

The bearing extractor from NSK's tool range applies the forces exerted during bearing dismounting evenly to the surrounding structure, thus avoiding damage. Photo: NSKThe bearing extractor from NSK's tool range applies the forces exerted during bearing dismounting evenly to the surrounding structure, thus avoiding damage. Photo: NSK

Maintenance operators are now very careful to uphold extreme cleanliness when replacing bearings, using two dedicated tool sets from NSK for mounting and dismounting. The mounting tool set ensures, through the optimal combination of impact ring and impact sleeve, that the mounting forces never transmit across the rolling elements of the bearing. As a result, no mechanical damage occurs to the rolling bearing during cold assembly.

Ultimately, the user saves time and gains from the fact that correct mounting extends bearing service life. The extractor tool applies the forces exerted during bearing dismounting evenly to the surrounding structure, allowing removal without incurring damage or taking off the shaft.
As a result of these initiatives, the labour costs amounting from the time required for dismounting and mounting failed bearings has reduced by a factor of four. Furthermore, the service life of the newly installed bearings has seen a significant increase.

The company recouped the cost of the two NSK tool sets, which was manageable in itself, in less than three months thanks to the savings accrued, not counting the increase in bearing service life.

About NSK Europe
NSK Europe Ltd. is the European organisation of the Tokyo-based bearing manufacturer NSK, which was founded in Japan in 1916 and today employs nearly 31,000 people in its worldwide operations. The products and solutions provided by the industrial and automotive supplier can be found wherever things move. In addition to nearly all types of rolling bearings, the company’s portfolio includes housed bearings, linear technology, wheel bearing units, transmission and engine bearings and steering systems. The company is oriented to perfection in all of its business activities. Its aim is quality leadership in its industry, which it strives for through a continuous process of improvement, excellent product development, optimised production processes and customer-oriented service processes. In fiscal year 2019, the more than 4,400 employees of NSK Europe Ltd. generated sales of over € 920 million.
www.nskeurope.com 

Yokogawa has again extended its leadership in calibration by launching a new AC energy calibration service.

  • Accreditation to ISO17025 opens new calibration options for manufacturers concerned with energy efficiency and measurement.

The launch of the new service follows Yokogawa’s accreditation (K164) to ISO17025, allowing the calibration of AC energy measuring devices at up to 40 MWh at a maximum time of 1000 hours.

This is ideal for manufacturers of products, equipment, or appliances where the measurement of energy efficiency is critical to meet efficiency goals, for proving product specifications or meeting regulatory requirements such as energy labelling of consumer products.

It is also vital for applications for usage-based billing of electrical energy between supplier and user, not only for houses and offices but also for other applications, for example charging of electrical vehicles. Other uses include renewable energy projects such as photovoltaic and wind installations and end tests and type rating where energy is involved.

With the new service, Yokogawa’s European Standards Laboratory, based at the company’s European Headquarters in Amersfoort, Netherlands, now offers comprehensive energy and power calibration, customized to meet the needs of specific applications.

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Erik Kroon, Yokogawa’s European Standards Laboratory Manager, says: “We are one of a few laboratories able to calibrate in the frequency range 40 Hz to 1 kHz.

“This makes us particularly attractive for engineers working on applications in Automotive, Aviation and Marine and who can now more easily source ISO17025 accredited energy measurements for 400 Hz systems. Using our precise and accurate energy and power calibration services ensures that their designs and instruments meet engineering and quality control requirements.”

“We are proud to be able to extend our calibration services to include AC energy,” says Terry Marrinan, Yokogawa’s Vice President, Global Marketing. Test & Measurement, “and now also support customers that need to maintain the accuracy and trusted repeatability of their testing instruments to meet regulatory needs for their application.”

For further information about the Calibration Laboratory visit: Accredited Calibration | Yokogawa Test & Measurement Corporation

About Yokogawa Test & Measurement

Yokogawa has been developing measurement solutions for 100 years, consistently finding new ways to give R&D teams the tools they need to gain the best insights from their measurement strategies. The company has pioneered accurate power measurement throughout its history, and is the market leader in digital power analysers.

Yokogawa instruments are renowned for maintaining high levels of precision and for continuing to deliver value for far longer than the typical shelf-life of such equipment. Yokogawa believes that precise and effective measurement lies at the heart of successful innovation - and has focused its own R&D on providing the tools that researchers and engineers need to address challenges great and small.

Yokogawa takes pride in its reputation for quality, both in the products it delivers - often adding new features in response to specific client requests - and the level of service and advice provided to clients, helping to devise measurement strategies for even the most challenging environments.

The guaranteed accuracy and precision of Yokogawa's instruments results from the fact that Yokogawa has its own European standards laboratory at its European headquarters in The Netherlands. This facility is the only industrial (i.e. non-government or national) organisation in the world to offer accredited power calibration, at frequencies up to 100 kHz. ISO 17025 accreditation demonstrates the international competence of the laboratory.

- Meet the precision makers at http://tmi.yokogawa.com/eu/

Big aseptic performance, smaller Unique DV-ST UltraPure diaphragm valves

The all-new, extended range of Alfa Laval Unique DV-ST UltraPure diaphragm valves makes high-performance aseptic processing easier than ever. Fully customizable, the enhanced, ATEX-compliant range comes with slimmer stainless-steel actuators and lightweight cast valve bodies with optimized performance.

“These valves are second to none. They are much more compact, yet deliver the same reliable, aseptic performance,” says Paw Kramer, Portfolio Manager, Valves and Automation, Alfa Laval.

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Slim, space-saving actuators

Imagine an actuator that’s 42% lighter, 25% more compact, and 17% shorter in height than most actuators, yet still delivers big on performance and energy efficiency. The new standard DV-ST actuator range shrinks the footprint of your aseptic processes and boosts productivity.

This versatile, space-saving new range of stainless-steel actuators operates at a wide range of pressures. Options include a stroke limiter, economical valve position indication, and comprehensive automated valve sensing and control. For special application requirements, there’s the DV-ST high-pressure actuator.

Lightweight cast valve bodies for optimized performance

Smaller seat sizes on our lightweight, ASME BPE-compliant Cast OP valve bodies optimize flow to ensure the same highly efficient performance.

  • Higher process efficiency, smaller footprint
  • Lower total cost of ownership
  • Safe, simple low-cost maintenance
  • Reduced energy consumption
  • Faster sterilization in place

Discover more about the enhanced Unique DV-ST UltraPure: https://www.alfalaval.com/products/fluid-handling/valves/diaphragm-valves/unique-dv-st-ultrapure/

About Alfa Laval

Alfa Laval is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling. With these as its base, Alfa Laval aims to help enhance the productivity and competitiveness of its customers in various industries throughout the world. We define their challenges and deliver sustainable products and solutions that meet their requirements – mainly in energy, the environment, food and the marine industry.

Metso Outotec will deliver multiple energy-efficient Vertimill® VTM-3000 stirred mills to Ferrexpo in Ukraine. These vertical grinding mills will be the largest of their kind to be installed in Ukraine. Once the mills have been installed, Ferrexpo’s iron ore beneficiation complex will be the largest VTM installation on the continent. Typical value for this type of an order is in the range of EUR 30 to 40 million, depending on the scope of delivery. The order has been booked in Minerals’ Q2/2021 orders received.

2021 06 22 121338Vertimill® technology is part of Metso Outotec’s Planet Positive offering. It provides the lowest total cost of ownership compared to other grinding mills in many applications thanks to its high energy efficiency, reduced media consumption, low installation cost as well as minimal liner wear and maintenance. It is capable of handling feed sizes of up to 6mm and grinding to product sizes of 30 microns or less. Vertimill® is available in standard mill sizes ranging from 15HP (11kW) to 4500HP (3352kW). 

Metso Outotec is the only manufacturer worldwide than can offer several stirred mill technologies (Vertimill®, HIGTM mill and SMD), enabling it to support customers with the most suitable and efficient mill for their application.

Discover more about Vertimill® at mogroup.com.

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change

Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets. We ranked 8th on the 2021 Global 100 list of the world’s most sustainable companies.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2020 were about EUR 3.9 billion. The company is listed on the Nasdaq Helsinki. mogroup.com

The pilot project is part of the Swedish Transport Administration's program for electrification of the state road network.

2021 06 22 115950Electric roads can be a complement to the fossil-free transport system of the future. The Swedish Transport Administration's program for electrification of the state road network, studies how different types of electrification can be combined to achieve the best effect.

As part of the program, at least one pilot of electric roads for heavy freight traffic will be carried out. The purpose is to show and verify the technology for the entire electric road system – including business models and payment systems. Electrification in this context entails dynamic charging while driving, battery operation with stationary charging, and fuel cells.

The pilot section will be built on one of the two road sections where the development of road plans is underway, both are approximately 20 kilometers long with two lanes in each direction: E20 between Hallsberg and Örebro, and road 73 between Västerhaninge and Nynäshamn.

AFRY's assignment, which runs until 2026, is to produce tender documents for turnkey contracts and construction site follow-up. The order value amounts to approximately SEK 12.5 million.

— We are proud to contribute to this pilot project, which is an important milestone towards the vision of fossil-free transports. At AFRY, we want to accelerate the sustainable transition, and in this project, we have the opportunity to use our expertise to make a difference, says Kajsa Rosén, Business Area Manager Transportation, AFRY.  

AFRY is a European leader in engineering, design, and advisory services, with a global reach. We accelerate the transition towards a sustainable society.

We are 16,000 devoted experts in infrastructure, industry, energy and digitalisation, creating sustainable solutions for generations to come.

Making Future

Nouryon, a global specialty chemicals leader, received the 2021 Responsible Care® Merit Award from the Association of International Chemical Manufacturers (AICM) in recognition of Nouryon’s distinguished performance in the fields of sustainability and responsible care in China. Four Nouryon employees also received 2020 Key Contributor Awards honoring their contributions to industrial policy advocacy and hazardous chemical safety management.

2021 06 22 113033As a signatory to the Responsible Care Global Charter, Nouryon is committed to nurturing a work culture that proactively supports safe chemicals management, protects people and the environment, engages business partners and stakeholders, and contributes to sustainability through the development of innovative solutions.

“We are honored to be recognized for our performance, transparency and involvement in AICM’s sustainability initiatives, principally for our commitment to the environment and continuously improving employee health and safety performance,” said Marcus van Tilborg, Director Integrated Supply Chain Asia Pacific at Nouryon. “As we reflect on the challenges posed by COVID-19, I’m especially proud of the way our team reacted to protect our people, our communities and the environment, while advancing our ambitious sustainability agenda.”

To meet the Responsible Care Merit Award requirements, Nouryon’s eight manufacturing facilities in China conducted annual self-assessments supported by improvement plans and internal audits. In China and globally, Nouryon’s safety and environmental performance has demonstrated continuous growth and improvement in recent years.

“Our operational excellence and our focus on growth and customer satisfaction align with our sustainability ambitions,” said Sobers Sethi, Senior Vice President Emerging Markets and China at Nouryon. “Nouryon’s recognition by the AICM is a testament to the entire team in China who actively implements Responsible Care principles every day.”

The Nouryon employees honored with 2020 Key Contributor Awards are:

  • Dong Xie, Legal & Compliance Director Asia
  • Brooks Yu, Senior Product Safety & Regulatory Affairs Advocacy Manager
  • Gary Gao, Health, Safety, Environment and Security Manager Asia
  • Jing Ge, Communications Manager Emerging Markets and China

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Responsible Care is a global initiative by the chemical industry to enhance and improve the industry’s environmental, health, safety, and security performance. Nouryon also recently received 14 awards from the American Chemistry Council in recognition of its commitment to keeping employee health and safety at the forefront of its operations.

About Nouryon

Nouryon is a global, specialty chemicals leader. Markets and consumers worldwide rely on our essential solutions to manufacture everyday products, such as personal care, cleaning goods, paints and coatings, agriculture and food, pharmaceuticals, and building products. Furthermore, the dedication of more than 9,700 employees (including Nobian) with a shared commitment to our customers, business growth, safety, sustainability and innovation has resulted in a consistently strong financial performance. We operate in over 80 countries around the world with a portfolio of industry-leading brands. Visit our website

Food company Valio and energy company St1 are establishing a joint venture to produce renewable biogas from dairy farm manure and other agricultural by-products mainly as fuel for heavy-duty transport. The company to be established is targeting up to 1,000 GWh (1 terawatt-hour) of biogas production by 2030; this amount is one third of the biogas needed for Finland’s fossil-free transport roadmap. Significant emissions reductions can be achieved by using biogas for heavy-duty transport. However, the prerequisite for creating a supply and demand that aligns with Finland’s biogas target is that the biogas-powered transport fleet becomes significantly more common in Finland.

The joint venture will produce biogas mainly from cow manure, although other agricultural and food industry by-products can also be used.

There are two different alternatives for producing the biogas: one alternative is that the biogas will be produced at individual farms or at a few farms in a shared biogas plant. The other alternative is that the biogas will be produced in a larger biogas plant to which the manure would be transported from local farms. Both the alternatives are possible in Valio and St1’s joint project. Valio and St1 have estimated that in phase one, around the middle of the decade, the biogas would be produced at 2-3 concentrations.

The partners are aiming for production capacity of up to one terawatt-hour by 2030, assuming there is enough growth in the demand for biogas in transportation. This is a significant investment package, the detailed planning of which will begin now.

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St1 will distribute the joint venture’s biogas mainly through its nationwide network of fuelling stations for heavy-duty vehicles. Valio and St1 intend to transition to the increased use of manure biogas also in their own logistics.

“We have identified strategic focus areas, where we can best achieve our goal in creating a sustainable carbon cycle. By investing in renewable energy and in the transition of the energy sector while ensuring the necessary cash flow, we are solving global energy challenges. Entering the biogas business is a concrete step in the consistent and long-term implementation of our growth strategy.  Domestic manure biogas can reduce the emissions from heavy-duty transport quickly and efficiently while simultaneously improving Finland’s fuel self sufficiency. This is an opening from two Finnish players in bringing domestic manure biogas to the markets,” says St1 Oy’s CEO Mika Wiljanen.

St1 communicated earlier this spring about the start of biogas business also in Sweden and Norway.

Agricultural emissions will also decrease

Making biogas from manure decreases the methane emissions from the biological decomposition of manure. At best, milk’s carbon footprint will decrease by one quarter, when both agricultural and transport emissions reductions are taken into account.

“Valio aims to cut milk’s carbon footprint to zero by 2035. The use of manure as a transport fuel is one of the most important handprint actions in our climate programme. The intention is that dairy farms can take part in the biogas production with a low threshold. It’s clear that production must be a profitable business also from the dairy farms’ perspective,” says Valio’s CEO Annikka Hurme.

Added bonus: recycled fertilisers, bedding for animals, and substrates for vegetables

The material left over from biogas production can be used to make many valuable circular economy products.

“Liquids and dry materials left over from biogas production can be used as recycled fertilisers for fields, reducing the use of chemical fertilisers and nutrient run-off to waterways. The farmer saves money. The left over material can also be used to make bedding for animals or substrates for vegetables. This can replace the peat that is currently used,” says Juha Nousiainen, Senior Vice President, Carbon-neutral Milk Chain.

Background info for media

  • A total of ~15 million tonnes of manure is generated annually in Finland. It could be used to produce as much as 3–5 terawatts of biogas (VTT’s and LUKE’s estimated potential of Finland’s total manure).
  • 4,300 Finnish dairy farms own Valio. These farms generate about 30 percent of the manure and other outputs suitable for biogas production.
  • Traditionally, manure is stored at the farm in a slurry tank and transported to fields as fertiliser. The adverse smell of manure decreases in the biogas process.
  • About one third of the energy contained in the grass feed eaten by cows ends up in manure.
  • Manure also contains important nutrients needed by plants: nitrogen, calium, and phosphorus. The manure material left over from biogas production can be separated to dry and liquid fractions and used as fertiliser.
    • The nutrient-rich liquid is used to fertilise fields. Plants are better able to absorb especially the nitrogen, compared to the traditional spreading of manure.
    • Dry fractions can be used as phosphate fertiliser.
  • The left over dry materials can also be used to make bedding for animals or substrates for vegetables. This can replace the peat that is currently used.

VALIO FROM FINLAND – THE WORLD’S MOST INNOVATIVE DAIRY AND FOOD COMPANY

Valio, offering the taste of Nordic nature since 1905, is a brand leader and the biggest dairy business in Finland and a major player in the international dairy ingredients market. The company is owned by dairy cooperatives comprising some 4,300 dairy farmers.

Wellbeing is at the heart of Valio’s world leading technology innovations, expertise and products that are made from clean Finnish milk and other ingredients. Our product development follows in the footsteps of Nobel Prize winner A. I. Virtanen, and the company holds 350 patents in 50 countries. Our efforts to improve animal welfare are resolute, and we know that only healthy cows can produce premium milk products. Valio’s milk ranks among the cleanest in the world, and we have zero tolerance for antibiotic residue in milk.

Valio has net sales of EUR 1.8 billion and is Finland’s biggest food exporter. Valio products are found in some 60 countries and account for 25 % of Finland’s total food exports. Valio seeks strong growth in international markets and has subsidiaries in Russia, Sweden, the Baltics, USA and China.

Valio – Together we make life better.

www.valio.com

St1 Nordic Oy is a Nordic energy Group whose vision is to be the leading producer and seller of CO2-aware energy. The Group researches and develops economically viable, environmentally sustainable energy solutions. St1 focuses on fuels marketing activities, oil refining and renewable energy solutions such as waste-based advanced ethanol fuels and industrial wind power. The Group has 1.250 St1 and Shell branded retail stations in Finland, Sweden and Norway. Headquartered in Helsinki, St1 employs currently 980 people.

www.st1.com

Asia is expected to lead the ethylene capacity additions globally with a capacity of 52.94 million tons per annum (mtpa) by 2025. China, which accounts for more than half of the ethylene capacity additions within Asia, is likely to lead the global ethylene capacity additions by 2025, says GlobalData, a leading data and analytics company. 

GlobalData’s report, Global Ethylene Industry Outlook to 2025 – Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants’ reveals that Ethylene capacity is poised to see considerable growth by 2025, potentially increasing from 201.32 mtpa in 2020 to 299.42 mtpa in 2025, registering a total growth of 49%.

Amareswari Kanaparthi, Oil and Gas Analyst at GlobalData, says: “China leads the capacity additions in the region with a capacity of 31.25 mtpa by 2025. Majority of the additions will be from a planned project Shandong Yulong Petrochemical Longkou Ethylene Plant 1, with the capacity of 3.00 mtpa by 2025.”

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GlobalData identifies India as the second highest country in terms of capacity additions with a capacity of 11.85 mtpa by 2025. Majority of the capacity additions will be from one planned and one announced project, Haldia Petrochemicals Cuddalore Ethylene Plant and Nayara Energy Vadinar Ethylene Plant with a capacity of 1.80 mtpa each by 2025.

Iran will be the third highest country in terms of capacity additions with a capacity of 9.99 mtpa by 2025. Majority of the capacity additions will be from a Planned project, Sepehr Makran Chabahar Ethylene Plant, with the capacity of 1.35 mtpa by 2024.

China Petrochemical Corp, Exxon Mobil Corp and Saudi Arabian Oil Co., will be the top three companies globally in terms of planned and announced capacity additions over the outlook period.

About GlobalData 

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, technology, energy, financial and professional services sectors.