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Argent to start production at new glycerine refinery

  • Spanish Market: Chemicals, Petrochemicals
  • 03/10/24

Biofuels producer Argent Energy is expected to commence production at its new glycerine refinery in early October, a source told Argus.

The new Argent refinery, which is located at its Port of Amsterdam site, is Europe's largest facility dedicated to producing bio-based, technical-grade refined glycerine. The facility has a production capacity of 50,000 t/yr and will upgrade crude glycerine into 99.7pc technical-grade glycerine to supply the European chemical market, the company said.

Technical-grade refined glycerine can be used in the production of epichlorohydrin, polyether polyol and anti-freeze, among other applications. Additionally, its use as a feedstock for biofuels generation, such as marine fuels, is being studied as it could offer a cheaper alternative to LNG and distillates. The Netherlands has the largest marine fuel sector in the EU.

"Our entrance into the chemical market is driven by our goal to maximise product value and support the circular economy. By upgrading glycerine from our processes into a technical-grade product, we're giving the chemical industry a bio-based option they can confidently use in their own products," Argent Energy chief executive Louise Calviou said.

The glycerine produced in Argent's new facility will be made via the biodiesel production route, with the product being certified under International Sustainability and Carbon Certification (ISCC) guidelines.

Argent Energy currently has a capacity of 190,000 t/yr for waste-based biodiesel, with sites in Amsterdam and northwest England. The company plans to soon triple biofuel production at its Amsterdam site alone.


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Some eastern US rail shipments restart after Helene


30/09/24
30/09/24

Some eastern US rail shipments restart after Helene

Washington, 30 September (Argus) — Some railroad operations in the southeastern US have resumed in the aftermath of Hurricane Helene, but major carriers warn that some freight may be delayed while storm-damaged tracks are repaired. Rail lines in multiple states were damaged after Hurricane Helene made landfall on the northeastern Florida coast on 26 September as a category 4 storm and traveled northwards as a downgraded but still dangerous storm into Georgia, Tennessee, and the Carolinas. The storm left significant rain and wind damage in its wake, including washed-away roads, flooded lines, downed trees and power outages. Eastern railroads CSX and Norfolk Southern (NS) said they are working around the clock to restore service to their networks. Norfolk Southern said it had made "significant progress" towards its recovery with most major routes back in service including its Chattanooga, Tennessee, to Jacksonville, Florida, line as well as its Birmingham, Alabama, to Charlotte, North Carolina route. Norfolk Southern said freight moving through areas that are out of service could "see delays of 72 hours". Several of Norfolk Southern's other routes remain out of service, including rail lines east and west of Asheville, North Carolina, because of historic levels of flooding. There are multiple trees to remove along a 70-mile stretch from Macon, Georgia, to Brunswick, Georgia. And downed power lines are keeping the railroad's lines from Augusta, Georgia, to Columbia, South Carolina, and Millen, Georgia, out of service. CSX said "potential delays remain" but did not provide specifics. However, the railroad said it had made "substantial progress" in clearing and repairing its network. The railroad's operations in Florida have mostly reopened, as have rail lines in its Charleston subdivision, which crosses South Carolina and Georgia. But bridge damage and major flooding has kept CSX's Blue Ridge subdivision out of service. A portion of the line running from Erwin, Tennessee, to Spartanburg, South Carolina, has been cleared, but CSX said "a long-term outage" is expected for other parts of the rail line. By Abby Caplan Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

US port strikes threaten polymers trade


27/09/24
27/09/24

US port strikes threaten polymers trade

Houston, 27 September (Argus) — US traders and importers for various polymers are concerned that looming strikes at key US ports could upend trade flows and prices. Ports and railroads servicing the US east and Gulf coasts are making preparations for the potential strikes by the International Longshoreman's Association. Some operations could halt as soon as 30 September at ports in New York, New Jersey and Virginia, as well as in Houston, Texas, and New Orleans, Louisiana, if a new labor agreement is not reached. The strike is expected to cause the most challenges for products moved by container, including polyvinyl chloride (PVC), polyethylene (PE), and polypropylene (PP). The end of a given month is typically when producers and traders in the US agree to volume and pricing for PVC trade for the month ahead. But PVC exporters said this week that fewer traders are closing deals with producers for October shipments out of fear that lengthy strikes in Texas and Louisiana could leave volume trapped at ports or in warehouses. Some traders are even avoiding replenishing inventories that have gotten too low. Traders are also saying that the strike could produce higher logistical costs and prevent export prices from rising. Some container ship companies are warning customers that surcharges for port disruptions could be implemented after a strike begins. Surcharges could reach as high as $3,000 per forty-foot container unit. That is challenging efforts by PVC producers trying to secure higher prices for offers to traders in October. Export availability is being tightened by planned maintenance at Formosa's Point Comfort, Texas, plant and an unplanned outage reducing rates at Westlake's Plaquemine, Louisiana, facility. But weak demand overseas has made traders risk averse to holding more expensive volume for too long, especially after some were caught with higher priced volume during the summer when export prices fell on average by $145/t in just two months. Emulsion-grade PVC (E-PVC) buyers are worried about the impacts of a strike as flooring and automotive buyers in the eastern US have become more dependent on imports from Europe. Cheaper European imports of E-PVC have served US buyers as a check on domestic pricing and plentiful volume has compensated for a dwindling pool of domestic producers. But both those attributes could be made void by a lengthy strike, and buyers currently have little recourse to remedy the situation quickly or on a consistent basis. The threat of more expensive imports from Europe could disrupt what has otherwise been a stable price base for many E-PVC customers in recent months. PE producers reliant on exports With US polyethylene producers exporting 46pc of production in January-August this year, a potential port strike could leave US producers with few options to export their goods, and not enough demand in North America to absorb excess volume. Exports to Mexico and Canada would remain an option, as exports to those countries move by rail, but those countries can only absorb so much volume. Of the portion of US PE exports that move by container ship, 96pc of it moves through Gulf coast and east coast ports, with only around 3pc of it shipped from west coast ports, according to data from Global Trade Tracker. The most likely result of an extended port strike would be production cuts by US producers. "If it lasts more than a few days, we are going to have to adjust our operating rates to manage," said one US PE producer. Polypropylene market participants said the biggest impact is likely to be on logistics, as PP exports have been limited for much of the year due to high prices. "It makes sense that warehouses could get backed up really quickly if stuff is not going out and resin continues to come in," said one PP trader. "Maybe rail could be impacted too." In Mexico, PE and PP market participants are bracing for an influx of US resin, as US producers look for alternative ways to move product. If resin inventories grow in Mexico, it is likely that prices in the region will fall. By Aaron May and Michelle Klump Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

California sues ExxonMobil for plastics marketing


23/09/24
23/09/24

California sues ExxonMobil for plastics marketing

Washington, 23 September (Argus) — California has filed a lawsuit against ExxonMobil that alleges the company misled state residents for years by promoting recycling as a solution to plastic waste, despite knowing that most plastic cannot and will not be recycled. California attorney general Rob Bonta said the lawsuit, filed today in state court, would hold ExxonMobil accountable for a "decades-long deception" that he says has exacerbated plastic pollution on land and waters. The state is seeking to block the company from certain marketing claims about recycling, in addition to imposing penalties and contributing to an abatement fund to clean up plastic waste. "ExxonMobil has been deceiving the public to convince us that plastic recycling could solve the plastic waste and pollution crisis when they clearly knew this wasn't possible," Bonta said. ExxonMobil is the world's largest producer of petrochemical polymers used in single-use plastics, the lawsuit says, with 14.5mn t/yr of production capacity of polyethylene and polypropylene last year. The lawsuit comes after an investigation that Bonta launched into the plastic waste "crisis" in 2022. ExxonMobil did not immediately respond to a request for comment. The lawsuit has similarities to climate-related lawsuits that state and local governments have recently filed against ExxonMobil and other oil companies by alleging various violations of state laws on "public nuisance" and misleading advertising. Today's lawsuit cites internal company communications to allege ExxonMobil knowingly promoted deceptive information on recycling to avoid "negative" consumer perceptions about single-use plastics. The lawsuit comes a day after California governor Gavin Newsom (D) signed a law that will ban all plastic bags from being provided at grocery stores in 2026. California law already restricts the availability of thin, single-use plastic bags at stores. Critics said those restrictions led stores to pivot to thicker plastic bags that are mostly thrown away, resulting in a net increase in plastic waste. By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Industry groups applaud national recycling bill


20/09/24
20/09/24

Industry groups applaud national recycling bill

Houston, 20 September (Argus) — A bill that would standardize aspects of the US recycling system and set a recycled content mandate has met with support from plastics industry groups and companies. The bill, which was introduced by US Congressman Larry Buchson (R-Indiana) and US Congressman Don Davis (D-North Carolina), would direct the Environmental Protection Agency to establish national recycling standards across the US, lessen restrictions on chemical recycling, and set a minimum recycled content standard for plastic packaging. The bill would require manufacturers of plastic packaging to use 30pc recycled content by 2030 in order to spur demand for recycled plastic, putting the percentage ahead of some state mandate laws such as New Jersey. The bill also defines chemical recycling as manufacturing instead of solid waste disposal, which would lower environmental regulation restrictions on chemical recyclers. Already, 25 states have enshrined this in law following support from plastics industry groups. The Plastics Industry Association and the American Chemistry Council (ACC) both came out in favor of the national recycling bill after it was announced yesterday. Additionally, Berry chief executive Kevin Kwilinski and Lyondellbasell chief executive Peter Vanacker also backed the bill. "This bill would bring about transformational change to how we recycle plastics in this country, while creating regulatory certainty for businesses to tackle these important challenges," ACC chief executive Chris Jahns said. By Zach Kluver Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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