Bulk Distributor Nov/Dec 18 | Page 2

2 B ULK D ISTRIBUTOR Shipper November/December 2018 Big Russia move for Barry Callebaut S Addressing guests at the keel laying ceremony at VEKA’s Lemmer yard, Hugh Carmichael (Ineos/ middle), with Anke Bestmann (Imperial Logistics) and Peter Versluis (VEKA) Keels laid for butane tankers W ork has begun on Europe’s two largest-ever butane river tankers, at the VEKA shipyard at Lemmer, the Netherlands. Each vessel is around three times the size of today’s typical Rhine barge. The vessels – the result of a working partnership between Ineos Trading & Shipping and Imperial Logistics - will transport gas from the world’s largest butane tank, currently being constructed at the Oiltanking Antwerp Gas Terminal (OTAGT) in Port of Antwerp, Belgium, to the Ineos cracker site in Cologne, Germany. Ineos, Imperial and VEKA have worked closely together on the design, planning and construction of the state-of-the-art vessels, which will measure 110m long with a beam of 17.5m, and have capacities of 3,024 tonnes of butane carried in six tanks. Each of the barges will be powered by three engines. The new tankers will also have increased collision protection, and their auxiliary power units will have full sound insulation to comply with noise regulations at the unloading points. Hugh Carmichael, director of Ineos Trading & Shipping, said: “Ineos is committed to investing over US$1 billion in its ethane supply chain from the USA. Our new butane tank in Antwerp, together with these massive new river barges, mark the next step in a strategic investment in the future of our naphtha crackers in Cologne. This upscaled supply system will increase our fl exibility and resilience, and position Ineos as a front-runner in the global LPG market.” Anke Bestmann, director of Imperial Logistics International’s gas shipping business unit, added: “This is a great day for INEOS and Imperial Logistics, as we start to put in place the infrastructure necessary to upgrade the Ineos supply line to meet future demand.” The two new vessels are among four on order by Ineos and Imperial; the other two are slightly smaller at 110m long x 15m beam, with two engines and capacities of 2,428 tonnes of butane. 6WDWLF(OHFWULFLW\ DQ,QYLVLEOH5LVN" wiss chocolate and cocoa products maker Barry Callebaut Group is to acquire Inforum, a leading Russian B2B producer of chocolate, coatings and fi llings, serving many well-known consumer chocolate brands in Russia. The acquisition will strengthen Barry Callebaut’s presence and production capacity in the high-growth Russia market, allow it to expand its position and exploit its value-added Gourmet & Specialties business. Inforum was founded in 1989 by four entrepreneurs, including Evgeny Bulytov. The company started its business selling cocoa products. Sales revenue in 2017 was about RUB5.1 billion (€77 million). The company operates a production site in Kasimov, in Ryazan Oblast (285 km southeast of Moscow) and employs more than 300 people, who will transfer to Barry Callebaut on completion of the transaction. After importing industrial and specialty chocolates to Russia since the late 1990s, Barry Callebaut built a chocolate manufacturing plant in Chekhov, Moscow Oblast (60 km south of Moscow), which became operational in 2007, and also has a chocolate academy centre – a training centre for professional users of chocolate – in Moscow. Barry Callebaut currently employs about 80 people in Russia. The acquisition of Inforum will enable Barry Callebaut to expand its presence and manufacturing capacity in what is the world’s second largest chocolate confectionery market in volume terms. Russia is a traditional chocolate market and has a consumption of 4.8kg per capita according to Euromonitor. Growth rates in volume terms are signifi cantly above the global chocolate confectionery market according to Nielsen. Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, said: “We are delighted to join forces with such an established, locally engrained Russian company. Inforum’s heritage and local knowledge, combined with our innovation capabilities and international experience, will reinforce each other’s strengths. Together, we will be able to bring further excellence and innovation The new Bayport Polymers polyethylene unit will use Borstar technology and double the site’s polyethylene capacity 9HULILHGJURXQGLQJRIYDFXXPWUXFNVHQVXUHVWKDW HOHFWURVWDWLFFKDUJHVGRQRWSUHVHQWDVSDUNLJQLWLRQULVN 7KHZDUGZLQQLQJ(DUWK5LWH Š 0*9LVDWUXFNPRXQWHG VWDWLFJURXQGLQJV\VWHPWKDWHQDEOHV+D]DUGRXV/RFDWLRQV DQG+$=0$7ZDVWHFRQWUDFWRUVYHULI\D7UXHHDUWKJURXQG IRUWKHLUWUXFNVSULRUWRPDWHULDOWUDQVIHURSHUDWLRQVUHGXFLQJ WKHULVNRIGULYHUVFRQQHFWLQJWRXQVDIHJURXQGLQJSRLQWVWKDW FRXOGUHVXOWLQKLJKHQHUJ\VSDUNGLVFKDUJHV )0 $33529(' $7(; ,(&([ 6,/ ZZZQHZVRQJDOHFRXN to the market and to serve Russian consumer chocolate manufacturers even better.” Evgeny Bulytov, director of strategic development of Inforum, added: “I am very proud of the great chocolate business we have built from scratch during the past three decades. Our agreement with Barry Callebaut will ensure the successful future of Inforum and our team as part of a large, international group. We really like the business principles and the team spirit on which Barry Callebaut is based. One of the co-founders, Victor Voitov, will remain associated with the company as future chairman of Barry Callebaut NL Russia and actively support the integration of Inforum into the Barry Callebaut Group during the transition period.” Financial details of the transaction were not disclosed. Geminor, River Ridge partner up A Bayport Polymers to add polyethylene unit B 'XULQJKD]DUGRXVORFDWLRQWDQNFOHDQLQJVSLOO UHFRYHU\DQGSURGXFWGHOLYHU\RSHUDWLRQV YDFXXPWUXFNVDUHUHJXODUO\H[SRVHGWRWKH LJQLWLRQKD]DUGVRIVWDWLFHOHFWULFLW\ The acquisition of Inforum will enable Barry Callebaut to expand its presence and manufacturing capacity in the world’s second largest chocolate confectionery market in volume terms ayport Polymers has reached a fi nal investment decision to build a 625,000 tons a year polyethylene unit at its production site in Bayport, Texas. The new unit will use Borstar technology and double the site’s polyethylene capacity to 1.1 million t/y with a start-up scheduled in 2021. The unit engineering, procurement and construction has been awarded to McDermott and is expected to employ 1,750 staff during peak activity. Formed in May 2018, Bayport Polymers is currently building a I million t/y steam cracker in Port Arthur, Texas. This cracker will process ethane, which is abundantly available and competitively priced in the US and will supply Bayport polyethylene units. The company is a 50/50 joint venture between Total and Novealis Holdings, itself a joint venture of Borealis and Nova Chemicals Inc. “The power of this partnership between Total, Borealis and NOVA Chemicals will enable us to become one of the largest players in the North American polyethylene market,” said Bayport Polymers president Diane Chamberlain. “The Borstar technology, which will be used for the fi rst time in North America, will allow us to serve our customers better with an increased range of value-added products.” “The project is in line with our strategy to develop petrochemicals at our major integrated complexes and leverage competitively priced feedstocks,” said Bernard Pinatel, president refi ning & chemicals of Total. “It’s another step to strengthen our position in the United States, where we have more than 5,000 employees and where we operate one of our six largest integrated platforms in Port Arthur, Texas.” lternative fuels company Geminor and waste management fi rm RiverRidge are working in partnership to export 60,000 tonnes of engineered fuels across the European continent. The agreement, which started in September, will see Geminor manage the full export supply chain, including port-to-port shipment, storage and recovery. From RiverRidge’s fl agship fuel engineering facility in Coleraine, Ireland, Geminor will collect a range of highly processed waste fuel. The fuel grades are 30mm SRF, 100mm SRF and 300mm Refi ned RDF, each destined for specialist recovery facilities. Each grade of fuel will be either transhipped to Geminor’s multimodal logistics terminal in Sweden (for onward delivery to advanced recovery technology partners Landskrona Energi) directly to the Aalborg Portland Cement production facility in Denmark or to the REFA recovery facility, also in Denmark. The capability to provide recovery services for a range of engineered fuels allows Geminor to be an important partner to advanced waste processors. Commenting on the partnership, Oliver Caunce, senior account and business development manager at Geminor UK, said: “As the latest in a long line of UK supply successes for Geminor, agreeing an export contract with visionary waste management company RiverRidge is exciting news.” “This is an important step for Geminor in growing its service provision to multi-fuel waste management companies and will play a vital role in our ongoing expansion into advanced waste fuels market, while supporting EfW facilities with distinct fuel requirements.” Gavin Doherty, fuels manager at RiverRidge, added: “Engineering fuels to an exact specifi cation is where RiverRidge has established itself as a clear leader across the UK and Ireland. With unique infrastructure and technology, we are able to manufacture fuels to specifi c parameters and characteristics which can be customer specifi c. We are excited at the partnership with Geminor, secondary fuel specialists, which will ensure timely delivery of our various specifi cations of fuel to many recovery facilities across Europe.”