ChemOne Group of Singapore announces a $3.38 billion aromatics project ready for operation by 2024. (1)
ChemOne has proposed that this plant be named the Pengerang Energy Complex (PEC) and will be an integrated project with a condensate splitter combined with aromatic facilities. This complex is designed to process 6.32 MMtpy of condensate intended as naphtha feedstock to produce 2.155 MMtpy of aromatic content, likely paraxylene and benzene. 3.681 MMtpy of oil products such as light naphtha, diesel and jet fuel are also expected to be part of production. China’s growing demand for aromatics has made this project a viable entry for this burgeoning marketplace.
Construction is expected to begin later this year with a startup date anticipated by Chemone to occur during 2024 and will be constructed adjacent to Petronas/Saudi Aramco’s RAPID project. Honeywell UOP has been contracted as the technology provider, and Maire Tecnimont will serve as ChemOne’s EPCC partner for this project.
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Boxscore Construction Analysis:
Business Trends: Asia and Europe join the feedstock evolution with steam crackers
From the April 2018 issue of Hydrocarbon Processing