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COO - ( CH 2 ) 4 - OOC. United Maritime Lines (UML) PolyButylene Terephthalate (PBT) Project Presentation to Saudi Energy Forum November, 2006 Presentation by: Mubarak A. AlKhater. TABLE OF CONTENTS. MBP Complex Overview PBT Market PBT Applications MBP Complex R&D Challenges.
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COO - ( CH2)4 - OOC United Maritime Lines (UML) PolyButylene Terephthalate (PBT) Project Presentation to Saudi Energy Forum November, 2006 Presentation by: Mubarak A. AlKhater
TABLE OF CONTENTS • MBP Complex Overview • PBT Market • PBT Applications • MBP Complex R&D • Challenges
Project to make high value-added products utilizing locally available feedstock. Project is co-developed with Vinmar International, a global petrochemical company Project will make PBT – an engineering plastic – for the first time in the Kingdom and Middle East PBT is essential for industrial growth in KSA in electrical, electronics, telecommunications, transportation and other sectors MBP Complex Overview:General
Project to complete the BUTANE VALUE CHAIN Project location at Yanbu, adequate infrastructure Project to provide employment to over 200 people Project will be offered partially as an IPO (50% of Saudi shares) Main success factor is MinPet support to downstream projects MBP Complex Overview:General
MBP Complex Overview:Butane Value Chain • End Use • Automobile • Indl Equipment • Electrical • Electronics • Appliances • Telecom POLYBUTYLENE TEREPHTHALATE (PBT) BUTANEDIOL BUTANE THF $1.8-2.0 $2.25-2.5 $3.2-3.6 Illustrative Price, $/kg
Complex will use state of the art proven technologies: PBT technology: Continuous SSP process Vacuum process PTA based process Co-production of THF (integration with BDO/THF purification) No methanol by-product MBP Complex Overview:Technologies
PBT global demand ~ 700 ktpa PBT ranks amongst highest growth rate engineering plastics ~ 7% Growth in Asia: 11.6% Growth in Europe: 3% Growth in North America: 3.5% Demand in KSA is forecasted to gradually grow to 12,000 tons/year in electrical and electronics applications, depending on local market development PBT Market:Demand & Growth
PBT Market:Supply & Demand Source: CMAI
PBT APPLICATIONS:End Use Demand Source: CMAI
PBT APPLICATIONS:The Car Example Wiper systems Mirror Components Motor, gear and electronic housings Door handles and locking systems Connectors Bumpers Headlamp housings
Project complex to include a world class R&D facility including pilot plant R&D Facility to test compounds of various polymers produced in KSA e.g. PBT/PET PBT/PC PBT/ABS PBT/PMMA Complex to support local industries MBP Complex R&D
Completion in time and within investment budget Integration of diversified/specialized technologies Need for highly skilled technical employees Local and GCC market development Project Challenges