Page 68 - Plastics News December 2016
P. 68

INTERNATIONAL NEWS                                                   10

                                                                                        INDIA 2017

                                                                                 International Plastics Exhibition & Conference

                                                                         Where the future of plastic is...
                                                                                 JAN 2017
                                                             19  20  21  22  23  MUMBAI. INDIA

Sarawak Government, Petronas                                 Gas-based petrochemical (PetChem) industry is being
working on Petrochem Plan                                    pursued by the state.

The Sarawak government and Petronas are currently            In view of the gas composition which is high in methane
     undertaking the Sarawak Petrochemical Master Plan       content, therefore ammonia (and its derivatives) or
study covering the coastal areas of the state. Assistant     methanol (and its derivatives) are the most viable options
Minister of Industrial Development (Investment and           for the state’s PetChem industry.
Promotion) Datuk Julaihi Narawi said the study will look
into the technical, commercial and economic feasibility      Plastic-to-diesel-fuel recycling
                                                             plant to be built in Indiana
of the petrochemical development in Sarawak. “Among
others, the study is expected to identify and recommend      Amassive plastic recycling-to-diesel fuel operation
the suitable oil and gas downstream industries that                costing hundreds of millions of dollars is planned for
the state can explore,” he said. The two sides signed         rural Indiana.GEP Fuel & Energy Indiana said its project
an agreement under which the state government and             that will begin construction next year will result in as
Petronas will undertake a feasibility study of the project.
Both parties also signed an agreement for Petronas to                                                        many as 256 new
supply natural gas to Sarawak Energy Bhd for its power                                                       jobs and ultimately
plants.                                                                                                      handle 1,500 tons
Petronas will supply 250 million standard cubic feet per                                                     of recycled plastics
day to the plant at Tanjung Kidurong and a new 1,200                                                         e v e r y d a y. T h e
megawatt plant in Samalaju, both in Bintulu. A further                                                       project is being
200 million standard cubic feet per day will be supplied                                                     supported by the
as feedstock for the petrochemical industry, and 100                                                         Indiana Economic
million standard cubic feet per day to the Tanjung                                                           Development
Kidurong power plant. Currently 100% of oil resources                                                        Corporation, a state
and 93% of gas resources are exported in raw form such        agency that’s promised up to $2 million in conditional
as crude oil and liquefied natural gas (LPG). “It is the      tax credits that will be based on the number of jobs
intention of the state government to establish a robust       created. The project includes a $100 million recycling
downstream industry to increase participation in the          center near Camden in Carroll County that will handle
higher value chain and thus creating a more sustainable       both “recyclable and non-recyclable waste plastic.”
industry for the state amidst the declining resources.        Another $200 million will be spent on a plastics-to-
                                                              diesel facility adjacent to the recycling center, the
                                                              state said. County officials put the total project value
                                                              at $300 million to $410 million.

                                                              GEP Fuel & Energy expects to “create up to 256 high-
                                                              wage jobs by 2020,” according to IEDC. Those jobs will
                                                              have salaries that are 50-percent higher than the local
                                                              average wage, the state said.

                                                              Average annual salaries will range from $43,680 to
                                                              $49,920, the county reported. That includes 91 people
                                                              working at the plastics-to-diesel refinery by the end
                                                              of 2018 and 155 to 165 at the recycling center, called
                                                              Camden Recycling LLC, by 2020, according to the Carroll
                                                              County Economic Development Corporation.

• December 2016 • Plastics News 68
   63   64   65   66   67   68   69   70   71   72   73