Irkutsk Polymer Plant (IPP), a subsidiary of Irkutsk Oil Co. Ltd. (INK), has let a contract to Toyo Engineering Corp. to build a grassroots ethylene-polyethylene plant in Ust-Kut, in the Irkutsk Region of East Siberia.
As part of the contract, Toyo will deliver engineering, procurement, and technical advisory services for both precommissioning and commissioning of the plant that, once completed, will produce 650,000 tonnes/year of ethylene and 650,000 tpy of polyethylene, the service provider said.
Lummus Technology Inc. will provide proprietary technology licensing for the ethylene plant, while Univation Technologies LLC will license its proprietary technology production of polyethylene, Toyo said.
The proposed project follows INK’s strategy to reduce emissions by fully utilizing ethane extracted from ethane-rich gas sourced from its regional gas processing and treatment plants at Yaraktinsky and Markovsky fields as feedstock for the ethylene-polyethylene plant.
While it did not reveal a definitive startup date for the planned petrochemicals plant, INK said it would be undertaking the olefins project—which will be designed to possibly expand production to as much as 1 million tpy—between 2018-22.
INK currently operates a 3.6 million-cu m/year gas processing plant at Yaraktinsky field, and during 2015-18, planned to build two more gas processing plants at Yaraktinsky with a combined capacity of 12 million cu m/year, as well as a 6 million-cu m/year gas treatment plant at Markovsky field, according to the operator’s web site.
Contact Robert Brelsford at [email protected].
