Page 29 - Plastics News September 2017
P. 29

also increase ethylene capacity within the limits of main   RIL becomes the Largest Importer of Ethane from US in
           compressors and other critical equipment.              2017
           Benefi ts of RIL project                                Reliance Industries Ltd (RIL) has become the biggest
                                                                  importer of Ethane from USA in 2017, followed by INEOS.
           RIL:  The supply of Ethane to RIL crackers at Dahej,
           Hazira and Nagothane will provide feedstock security and   RIL will ship around 1.6 million tonnes per annum of ethane
           fl exibility, enabling RIL to select the most optimal feed   from US for its cracker portfolio in India. RIL has an ethane
           mix based on market conditions. This will improve the   supply contract in place with Enterprise Product Partners
           cost competitiveness of existing crackers and enable RIL   out of their Morgan’s Point terminal in the US Gulf coast.
           to optimize the portfolio in a volatile market environment.  Very Large Ethane Carriers (VLECs) are used to transport
                                                                  liquefi ed ethane from the US to the Gujarat Chemical Port
           US:
                                                                  Terminal Company Limited terminal at Dahej, Gujarat.
           Large capital investments have been made in US in export   Ethane will be used as feedstock for RIL’s crackers in
           facilities and pipeline infrastructure which will have a   Dahej, Hazira and Nagothane.
           multiplier effect for US economy growth, help in creation
                                                                  For 2017 till May, RIL has imported 416 KT of ethane,
           of jobs and earn foreign exchange.
                                                                  amounting to total of 9 VLEC cargoes, which is 19% more
           India:                                                 than INEOS. Ineos imports ethane from Marcus Hook,

           Introduction of ethane will spell major benefi ts for India   Pennsylvania and Morgans Point terminal, Houston.
           and Indian petrochemical industry. Plastics and polymers   Total US exports till May has been about 0.9 Million metric
           are integral part of a developing economy like India.   tonnes per annum, out of which exports to RIL is about
           Ethane is a key feedstock for production of plastics and   48%. Other importers like Ineos, Sabic, Braskem and
           will help in producing low cost products. RIL’s Ethane   Borealis constitute the remaining 52%.
           project shall ensure feedstock security for India, reducing
           its net imports.





























                              2017 (in KT)      Ineos     Sabic     Borealis  Braskem       RIL
                              Marcus Hook        324        0          0          0         0
                              Morgans Point      27         73        11         16        416
                              Total              351        73        11         16        416



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