Page 13 - NorthAmOil Week 50

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NEWS IN BRIEF
NorthAmOil
Sasol’s Lake Charles Chemicals Project (LCCP) ethane cracker successfully replaces acetylene catalyst and increases ethylene production rates
Sasol is pleased to announce that the LCCP ethane cracker is increasing production rates following the successful replacement of the acetylene reactor catalyst. The Ethane Cracker achieved beneficial operation in August
2019 but has run approximately 50-60% of nameplate capacity due to underperformance of the plant’s acetylene removal system. This issue has now been resolved.
The outage to replace the catalyst was successfully completed on schedule and within budget. Following the outage, the unit was started up smoothly and ethylene production rates are approximately 85-90% of nameplate capacity and are increasing. Ethylene quality meets US Gulf Coast ethylene pipeline specifications.
Sasol also looks forward to the completion of the LCCP low density polyethylene (LDPE) unit which is being commissioned with beneficial operation expected later
in December 2019. The remaining three downstream units under construction to complete the integrated LCCP site, Ziegler Alcohols and Alumina, Alcohol Ethoxylates, and Guerbet Alcohols, remain on cost and schedule as per our previous guidance. SASOL, December 17, 2019
SERVICES
SC Water closes on previously announced acquisition of Keystone Clearwater Solutions
SC Water, a Pennsylvania-based natural
gas and oil industry investment group, is pleased to announce that it has closed on its previously announced acquisition of Keystone Clearwater Solutions, a specialised water management firm serving the Appalachian Basin’s energy industry.
As part of the acquisition from American
Water Works Company, Inc., Keystone has formed a strategic partnership with Hydro Recovery LP (Hydro), a water treatment, recycling and transportation company. Management of Keystone and Hydro has been combined, led by CEO Tom Stabley, President and COO Dan Dalton, and CFO Curt Walker.
“The acquisition of Keystone and the corresponding strategic partnership uniquely creates an industry-leading portfolio of water- related and environmental solution services for natural gas and oil companies,” said Lance T. Shaner, chairman of SC Water. “We’re excited to once again be part of Keystone Clearwater Solutions and look forward to integrating our services with Hydro to deliver first-rate, one-stop solutions to customers across the Appalachian Basin.”
“The combined companies’ operational strengths and abilities to provide specialized services for our customers creates an exciting, significant and long-term growth opportunity,” said Tom Stabley, CEO of Keystone Clearwater Solutions and Hydro Recovery. “This integrated partnership expands our deep capabilities of delivering tailored water solutions that our customers have come to expect from both companies.” SC WATER, December 17, 2019
Week 50 18•December•2019
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