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Tag: Linde

Sulphur Industry News

NextChem has been awarded two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil Refinery (HAOR) industrial complex in Baku by state oil company SOCAR. As part of the contract, NextChem will conduct a technological assessment and deliver a process design package to upgrade the existing sulphur recovery unit (SRU) with oxygen enriched air, a cost-effective and flexible solution for expanding its current sulphur production capacity. Additionally, NextChem will provide the licensing and the process design package based on its proprietary NX SulphuRec TM technology for a new SRU. NX SulphuRec TM is a portfolio of proprietary sulphur recovery technologies, based on the integration of modified Claus and tail gas treatment processes, aimed at reducing the environmental impact of acid and sour gases produced during the refining process.

Nitrogen Industry News

OCI Global says that it has reached an agreement for the sale of 100% of its equity interests in its Clean Ammonia project currently under construction in Beaumont, Texas for $2.35 billion on a cash and debt free basis. The buyer is Australian LNG and energy company Woodside Energy Group Ltd. Woodside will pay 80% of the purchase price to OCI at closing of the transaction, with the balance payable at project completion, according to agreed terms and conditions. OCI will continue to manage the construction, commissioning and startup of the facility and will continue to direct the contractors until the project is fully staffed and operational, at which point it will hand it over to Woodside. The transaction is expected to close in H2 2024, subject to shareholder approval.

Nitrogen Industry News

Hanwha Corporation and INEOS Nitriles have announced their intention to collaborate in a study for a new low-carbon ammonia facility with carbon sequestration in the USA, with a capacity of more than 1 million tonnes per annum. The location of the plant is yet to be determined. The two companies have agreed heads of terms, under which Hanwha and INEOS will jointly explore the feasibility of a facility to meet the growing global demand for ammonia with low-carbon emissions. A final investment decision is planned for 2026 with planned commercial operation in 2030.