ppPLUS provides solutions and services related to portfolio planning and industry analysis, focusing on market expertise and industry technologies.

ppPLUS

Cognite offers a platform for industrial data operations, enabling businesses to manage and leverage industrial data for improved operational efficiency and decision-making.

Geir Engdahl

Stein Danielsen

Fredrik Anfinsen

John Markus Lervik

Cognite

Enerkem develops technology solutions for waste management and emissions reduction. The company converts non-recyclable waste into clean fuels and renewable chemicals.

Enerkem

Enverus provides software solutions and analytics for the energy industry, focusing on sectors including power, renewables, oilfield services, midstream, and financial services. The company offers tools for trading, risk management, business automation, and energy transition research.

Enverus

ppPLUS provides solutions and services for experts, focusing on industry data, technologies, and sustainability initiatives related to the energy transition and refining processes.

Portfolio Planning PLUS Ltd | 2,703 followers on LinkedIn. ppPLUS - The only open platform modelling processes from hydrocarbons and renewables to plastics and recycling. | ppPLUS is an open data-driven platform powered by collective intelligence, redefining energy and chemicals industries by converting complex manufacturing data into holistic, fully integrated sites models.

Project, Programme and Risk Management Consultant

Steve Marks

Portfolio Planning PLUS Ltd

Gunvor’s Rotterdam Oil Refinery Joins List of European Shutdowns By Jack Wittels and Alex Longley, November 22, 2024, Bloomberg Gunvor Group is temporarily halting its Rotterdam oil refinery because it’s not making enough money, the latest sign that the continent’s plants are struggling to compete with upstarts in other parts of the world. Effective Nov. 25, the so-called economic halt is due to a lack of prompt availability of commercially viable feedstock, the company said in a statement. Gunvor said it will “continue to monitor the situation and assess future resupply for the refinery in due course.” With a processing capacity of 75,000 barrels a day, the plant is relatively tiny. Still, it joins a growing list of European refineries with plans to either halt or downsize, including the Wesseling and Gelsenkirchen plants in Germany and the Grangemouth facility in Scotland. Europe’s refineries are under pressure from large, new plants, including in the Middle East and Africa, such as Nigeria’s giant new Dangote refinery. The rival fuelmakers can send what they make to Europe, and also compete for market share elsewhere in the world. #gunvor #refinery #crudeoil #europe Gunvor Energy Rotterdam LyondellBasell PETROINEOS MANUFACTURING SCOTLAND LIMITED INEOS bp Credit: Gunvor, Rotterdam refinery

Fuyou Energy Technology turns coal into oil and chemicals Fuyou Technology has developed combined coal-based process technologies such as coal pyrolysis, hydrogenation of medium and low temperature coal tar full fractions to produce more intermediate distillate oil, efficient impurity removal and aromatics saturation of naphtha to produce cycloalkane chemicals. The company is the leading producer of methylcyclohexane, light white oil, transformer oil and aerospace special oils obtained from medium and low temperature coal tar. Low-grade coal, which accounts for about 55% of the total coal resources in Shaanxi, Inner Mongolia, Xinjiang, has low carbon content and calorific value, and relatively high tar yield and hydrogen and oxygen content. The characteristics of the feedstock is conducive to efficient transformation and utilization through medium and low temperature pyrolysis. Fuyou Technology's pyrolysis process product is separated into three substances: gas (coal gas), liquid (coal tar), and solid (semi-coke), and further converted to obtain clean fuels such as oil, gas, and electricity, as well as high value-added chemical products. The company has built and put into use China's first 170,000 tons/year medium and low temperature coal tar full-fraction hydrogenation high-yield intermediate distillate oil industrial demonstration unit and a 500,000 tons/year coal tar full-fraction hydrogenation production cycloalkane oil unit, promoting the high-end transformation of coal tar and realizing the transformation of coal from a single fuel to diversified products. The naphtha separation unit now produces 80,000 tpy naphtha, which is converted mainly into cyclohexane, methylcyclohexane, and dimethylcyclohexane. Fuyou Technology is the largest methylcyclohexane producer in China, with an annual output of 30,000 tonnes, accounting for 85% of the market share. The company has also laid out industrial chain extension projects to produce high value-added products such as ethylcyclohexane. Photos: a corner of the factory, office building, satellite view, 170 kta coal tar full fraction hydrogenation unit, 500 kta coal tar full fraction hydrogenation unit, 80 kta light hydrocarbon fraction separation unit. #china #coaltochemical #coalgasification #fuyoutechnology

Yanchang Yulin Energy Chemical: Striving for 2.02 million tons of polyolefins production by year's end. Shaanxi Yanchang China Coal Yulin Energy Chemical, a company located near Jingbian County, Yulin City, Shaanxi Province, 🇨🇳 China, based on the annual planned production of 1.9 million tons of polyolefins, strives for an annual output of 2.02 million tons of polyolefin products. "In the fourth quarter, we plan to produce 538,500 tons of polyolefins, a year-on-year increase of 52,500 tons, and sell more than 530,000 tons of polyolefin products", a relevant person in charge of Yulin Energy Chemical said. Guo Xiaohui, 18 Nov 2024, CCIN #mto #polyolefins #yulinenergychemical #china Photo: Shaanxi Yanchang China Coal Yulin Energy Chemical Company DMTO unit

The article "Chemistry of Hydrogen Production Processes" has been published on Portfolio Planning PLUS Ltd by Taha Samaha (MSc, CEng, MIChemE) Link to article will be posted in the comments down below in a short while. #smr #reforming #gasification #electrolysis

In case you missed the CARBON PODCAST episode with host Ahmed Ragab , here is the replay. New episode of Carbon Podcast - Consultation in a nutshell and delve more in PPPlus (Portfolio Planning PLUS Ltd) platform with all the features and open data and plant models and more services with Dr. Nicolas Kokel and Uwe Braun with their broad experience in O&G and Petrochemicals. Stay tuned and join the podcast. https://lnkd.in/ded7_Spb

Please note the event starts in one hour today, Friday, 15 November 2024: 🇸🇩 5 pm United Arab Emirate 🇪🇺 2 pm CET 🇬🇧 1 pm UK Join us live to attend this conversation about how can engineers, project managers, plant designers, technology experts, and more benefit from using the Portfolio Planning PLUS Ltd data platform. You will be able to follow the video discussion and ask questions with the links provided in the event announcement down below, but as well on: 🔸the Portfolio Planning PLUS Ltd Telegram channel: https://lnkd.in/dRsRqgDv 🔸the Portfolio Planning PLUS Ltd Youtube channel: https://lnkd.in/ddkQD52y #refining #petrochemicals #chemicalprocesses #processtechnologies #plantdesign #sitemodel #projectmanagement #consulting #siteconfiguration #technologyassessment #massbalance

Petrochemical investments in India: planned but a herd mentality poses risks India’s dependence on imports to meet its requirements of basic petrochemicals, including polymers, is only expected to rise, despite projects – under implementation and on the drawing boards. This is partly because the historical baggage of poor capacity builds will take time to catch up with rising demand. In the last few years, however, India’s public sector refiners have climbed on the petrochemicals bandwagon, seeking value-added outlets for refinery streams. They have invested in aromatics (for feeding the polyester value chain), propylene (for polypropylene, PP, and some other chemicals notably, oxo-alcohols and acrylate monomers), linear alkyl benzene (LAB), a key detergent raw material, and a few other projects. And more are to come in the near-term. There are several commonalities amongst the firm projects. For one, the emphasis seems to be on building the C3 (propylene) value chain. This is not surprising as FCC propylene offers a simple, low-cost route to the olefin and one that can be conveniently retrofitted into existing refinery operations. There is also an overwhelming emphasis on PP production, which may not be wise, as it runs the risk of overbuild should demand growth not pan out as anticipated. There are other propylene derivatives that can be considered, and these merit attention if not by the refiners themselves then by third party investors for whom it will be more worthwhile. Much will hinge on the commercials of the olefin supply arrangement, but such business models are widely followed, including here in India, let alone in other countries. Importantly, the government needs to recognise that the chemical industry as a key enabler of modern living, and not a nuisance to be constrained through regulation and red-tape. The priority must be on developing well-developed clusters where not just the petrochemical industry, but also the broad chemical industry – including the fine and specialty chemical industries, wherein India’s competitiveness is well recognised – can locate and start operations in double-quick time. Clusters are efficient and safe locales where the industry can thrive, as several countries have amply shown. India needs a much larger and more diversified chemical industry than it has now. The former it seems is happening. Not so sure of the latter. The herd mentality to investments needs to change. Those who have dared to do so – and there are a few examples – have been amply rewarded. More need to emulate, not imitate, them! Ravi Raghavan , 12 Nov 2024, Linkedin post. #india #petrochemicals #refining #valuechains Links will be posted in the comments down below in a short while. Picture: Indian subcontinent refineries, via ppPLUS

Long Son Petrochemicals (LSP), Vietnam's first fully integrated petrochemical complex: cracker started, operations suspended. On Oct 1st, 2024, Technip Energies announced that the Long Son Petrochemicals Co., Ltd. (LSP) olefins plant in Long Son Island, Ba Ria-Vung Tau province, Vietnam, passed its final performance acceptance test. Technip Energies provided licensing, engineering, procurement, construction, commissioning, start-up and initial operation for the 1,350,000 tonnes/year cracker. As Vietnam’s first olefins plant, the flexible feed cracker, can utilize both naphtha and liquified petroleum gas (LPG) feeds to produce ethylene, propylene, and butadiene. The plant successfully started up end 2023 to reach its full capacity shortly after the start-up and pass its first performance test in February 2024. The plant, which broke ground end 2018, includes Technip Energies’ licensed ethylene technology, including Ultra Selective Conversion (USC®) furnaces preferred for high selectivity and low cost, and the Heat-Integrated Rectifier System®, preferred for energy efficient ethylene recovery. However, Listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, has suspended operations at its Long Son Petrochemicals (LSP) complex in order to cope with high production costs and the impact of a downturn in the global petrochemical market. The suspension, slated to last for at least six months, began in mid-October, only roughly two weeks after LSP commenced commercial operations on Sept 30, with a production capacity of 74,000 tonnes. A resumption of operations will mainly depend on the spread, according to SCG. The petrochemical complex uses naphtha, which is a product of fossil fuels, as a key raw material to produce high density polyethylene (HDPE), but the prices of naphtha are expensive. "The spread between naphtha and HDPE prices is US$300 per tonne because of a slowdown in the global petrochemical market," said Sakchai Patiparnpreechavud, chief executive and president of SCG Chemicals. "If the spread increases to $400 per tonne, we will consider resuming operations at LSP." The suspension does not mean SCG Chemicals will stop investing in this petrochemical complex, he said. SCG Chemicals plans to upgrade LSP, enabling it to use ethane, a colourless, odourless, gaseous hydrocarbon, as a raw material because it is cheaper than naphtha. Mr Sakchai said the company will spend $700 million on the new investment, especially to build an ethane storage facility. #technip #longson #naphtha #steamcracker #ethylene

First large tower hoisting of Dushanzi Tarim Phase II Ethylene Project. On September 17, the first large tower hoisting ceremony of the Tarim 1.2 million tons/year Phase II Ethylene Project of Dushanzi Petrochemical Company was held at the Shangku Petrochemical Park in Korla, Xinjiang. As the first large tower, the quench water tower is the equipment with the largest diameter in the ethylene unit. It took only more than 100 days to complete the manufacturing, setting a record for the manufacturing of large oversized equipment. The main line of this hoisting used a 4,000-ton crane, and it took only 9 days to transport and assemble. This hoisting marked the entry of the ethylene unit into the equipment installation stage, which kicked off the on-site construction. The installation of the quenching water tower is the first large tower crane installation of the project, which opens the prelude to the installation of 9 large tower cranes in the entire ethylene unit. It is planned to complete the installation of 9 large tower cranes on October 31, marking a new stage in the construction of the ethylene unit project. The main function of the cracking gas quenching water tower is to reduce the temperature of the cracking gas and recover low-grade heat at the same time. The cracking gas quenching water tower achieves cooling and partial condensation of the cracking gas through direct countercurrent contact with the quenching water. This process not only helps to reduce the temperature of the cracking gas and separate part of the gasoline in the cracking gas, but also recovers part of the low-grade heat through the quenching water cycle, further improving energy utilization efficiency. This series of operations effectively reduces the temperature of the cracking gas, ensures the normal operation of the cracking gas compressor, greatly reduces the amount of sewage discharged, and improves the energy utilization efficiency of the ethylene unit and reduces energy consumption by recovering low-grade heat. At present, the overall progress of the project has been completed by 13.6%. It is planned to complete the construction of the underground pipeline network of the entire site on September 20 and the construction of the entire road on October 30. This year's interim goal is to complete 70% of the soil-less construction before the arrival of winter, creating good conditions for installation next year. The total investment of the Dushanzi Petrochemical Tarim 1.2 million tons/year Phase II ethylene project is 21.88 billion yuan. After completion, it can produce more than 2 million tons of high-end polyolefins and high-performance rubber materials annually, further improving the localization rate of the domestic high-end petrochemical product industry chain supply chain. The basic machinery of the project is scheduled to be completed by the end of 2025, and fully completed and put into production in 2026. #ethylene #dushanzi #steamcracker #tarim

Metric
Company Name	ppPLUS	Cognite	Enerkem	Enverus
Symbol
MSH ID	COM:PORTFOLIO-PPLUS	COM:COGNITE	COM:ENERKEM	COM:ENVERUS
Market	PRIVATE	PRIVATE	PRIVATE	PRIVATE
Sector	Commercial & Professional Services	Technology	Energy	Technology
Industry	Consulting & Professional Services	Software & IT Services	Clean Technology	Energy
Country	GB	NO	CA	US
Stage		Secondary Market
Employee Count		600
Website	portfolio-pplus.com	cognite.com	enerkem.com	enverus.com
LinkedIn	portfolio-planning-plus		enerkem
Founders

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Enterprise Value
Monthly Web Traffic	43.07K	45.00K
Web Traffic Growth	-0.17	-0.49
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Raised Capital		113M

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ppPLUS

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