pequiven pequiven - lateinamerika verein · pequiven filial de pdvsa pe.04.07 n° 2 mission to...

PequivenFILIAL DE PDVSA

PE.04.07 N°1ABRIL 2007

PEQUIVEN PEQUIVENPEQUIVEN

STRATEGIC PLAN 2007-2013STRATEGIC PLAN 2007-2013STRATEGIC PLAN 2007-2013STRATEGIC PLAN 2007-2013STRATEGIC PLAN 2007-2013STRATEGIC PLAN 2007-2013STRATEGIC PLAN 2007-2013STRATEGIC PLAN 2007-2013

CONSOLIDATING VENEZUELANPETROCHEMICAL INDUSTRYDEVELOPMENT TO BECOME A

“WORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWER”

CONSOLIDATING VENEZUELANCONSOLIDATING VENEZUELANPETROCHEMICAL INDUSTRYPETROCHEMICAL INDUSTRYDEVELOPMENT TO BECOME ADEVELOPMENT TO BECOME A

““WORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWERWORLDWIDE PETROCHEMICAL POWER””


PE.04.07 N°2

MISSION

To efficiently produce and commercializequality chemical and petrochemicalproducts in harmony with theenvironment and its surroundings.Focusing our attention to the localdemand , in order to empowereconomical and social development inVenezuela .

To be the petrochemical corporationcapable of transforming Venezuela in aworldwide petrochemical power toempower its development.

VISION

STRATEGIC OBJECTIVES

Permanentand

sustainabledevelopment

Petrochemicalendogenousdevelopment

Socialdevelopment

of theenvironment

Petrochemicalscientific andtechnologicaldevelopment

Strategic Direction of Business Plan 2007 - 2013

STRATEGY AND VISION


PE.04.07 N°3

� Increase production capacity from 11.50 MM MT/ye ar to more than

36 MM MT/year.

� Increase sales income from 1.2 Billion US dollars to 12 Billion US

dollars.

� Increase the use of methane gas from 440 MMCFD to 1.278 MMCFD

� Consolidate industrial developments in our Petroc hemical Complex

in Jose, renovate Moron Petrochemical Complex and e mpower El

Tablazo petrochemical complex.

� Develop petrochemical complexes in Güiria, Navay and Paraguaná.

� Strengthen endogenous development in the Ana Mari a Campos

Industrial Camp (CIAMCA) located at El Tablazo Petr ochemical complex.


STRATEGY AND VISION


PE.04.07 N°4

� Contribute in 8 % to 10 % of Manufacturing Sector GDP

� Replace imports by local production

� Foster local converters (plastic, synthetic rubber, detergents,

paints, construction, cosmetics, and food, etc.)

� Promote and develop agriculture in Venezuela.

� 17 new projects providing investment opportunity and 28

projects related to the endogenous development and s ocial

infrastructure of Venezuela.


STRATEGY AND VISION


PE.04.07 N°5

Caribbean Sea

•• El Tablazo Complex El Tablazo Complex * Olefinas (Etileno/Propileno) 730

* Plastics (PVC) 120* Ammonia/Urea 660

•• Monomers Colombo- Monomers Colombo- VenezolanosVenezolanos Complex Complex 860 860•• Morón Complex Morón Complex

* Ammonia/Urea 466* Fertilizantes +1400

•• El Palito Refinery El Palito Refinery* Benzene-Toluene - Xylene 125

•• Complex JoseComplex Jose* MTBE/Metanol 2120* Ammonia/Urea 2739

Production Capacity (KMT/Year)Production Capacity (KMT/Year)

Güiria (Future)

Jose

El Tablazo Morón Caracas

El Palito

Paraguaná(Industrialization)

However, our influence has spread out throughout th ecountry, if we take into consideration our principa lclients: plastic converters, general manufacturing

industry and the agro-food industry.

PETROCHEMICAL COMPLEXES

Petrochemical Complexes - PEQUIVEN

Navay (Future)

Monómeros Colombo-Venezolanos

16 Joint Ventures with 38 Partners16 Joint Ventures with 38 Partners

Currently, Pequiven production takes place on theCurrently, Pequiven production takes place on theNorthern Coast of Venezuela.Northern Coast of Venezuela.


PE.04.07 N°6

5

10

15

20

25

30

'06 '07 '08 '09 '10 '11 '12 '13

Projects Investment MM$ 2007-2013:2101121011

MM MT/YEAR

Pequiven + Joint VenturesPequiven + Joint Ventures

••Methanol II JoseMethanol II Jose(Expansion(Expansion

Metor)Metor)

••InfrastructureInfrastructureand servicesand servicesJoseJose

••InfrastructureInfrastructureand Servicesand ServicesGuiriaGuiria

••Fertilizers IIIFertilizers IIIGüiriaGüiria

••Olefins V andOlefins V andAromatics IIAromatics IIParaguanáParaguaná

10,910,9

22,322,3

30,130,1

36,436,4

Between 2007-2013 production capacity willBetween 2007-2013 production capacity will

increase in 243%increase in 243%

••ConversionConversionMTBE toMTBE toIsooctaneIsooctane

10,610,6

19,519,5

Projected Production Capacity

••Modernization ofModernization ofpetrochemicalpetrochemicalcomplex - Moroncomplex - Moron

••IndustrialIndustrialDevelopmentDevelopmentNavayNavay

••Propylene JosePropylene Jose

••PolypropylenePolypropyleneJoseJose

••PETPET

••NitrogenatedNitrogenatedFertilizers JoseFertilizers Jose

••ExpansionExpansionPolyethylenePolyethylene

El TablazoEl Tablazo

••Olefins III andOlefins III andderivativesderivativesEl TablazoEl Tablazo

••Olefins IV andOlefins IV andderivativesderivativesJoseJose

••DownstreamDownstreamdevelopment ofdevelopment ofMethanol - JoseMethanol - Jose

••Methanol IIIMethanol IIIGüiriaGüiria

11,611,6

INVESTMENT PORTFOLIO 2007-2013

10,610,6


PE.04.07 N°7

PETROCHEMICAL COMPLEX

PROJECTSINVESTMENT

MMUS$START UP

DATE

POLYETHYLENE EXPANSION EL TABLAZO 125 2009

OLEFINS III & DERIVATIVES EL TABLAZO 2074 2011-2012

NAVAY PHOSPHATES INDUSTRIAL DEVELOPMENT AT NAVAY 570 2009 - 2010

MORON PETROCHEMICAL COMPLEX ADAPTATION 1550 2010

PET 125 2010

INFRASTRUCTURE AND SERVICES JOSE 150 2011

CONVERSION MTBE TO ISOOCTANES 70 2007

METHANOL III JOSE (METOR EXPANSION) 429 2009

PROPYLENE JOSE 430 2010

POLYPROPYLENE JOSE 450 2010

NITROGENATED FERTILIZERS JOSE 2800 2011

OLEFINS IV AND DERIVATIVES JOSE 4208 2012

METHANOL DOWNSTREAM DEVELOPMENT 580 2012

INFRASTRUCTURE AND SERVICES GUIRIA 150 2011

METHANOL IV GÜIRIA 900 2012

NITROGENATED FERTILIZERS GÜIRIA 2800 2013

2013 PARAGUANÁ OLEFINS V & AROMATICS II PARAGUANÁ 3600

JOSE

GÜIRIA

EL TABLAZO

MORON



PE.04.07 N°8


“EL TABLAZO”


“EL TABLAZO”



PE.04.07 N°9

POLYETHYLENE EXPANSION EL TABLAZO(PHASE I: INDEPENDENCE PROJECT)

PROJECT DESCRIPTION PROJECT DESCRIPTION ::This project pursues a production capacityraise in our existing plants: HDPE in 60,000mt/year, LLDPE in 40,000 mt/year, in additionthis project considers the construction of aButene-1 plant with a production capacity of15,000 mt/year. We are looking to driveforward our national plastic’s transformationsector and social production enterprises withinthe country.

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 125 MMUS$•Business Structure: 100% Polinter.

PROJECT DIAGRAM:PROJECT DIAGRAM:

ADDITIONAL PRODUCTIONADDITIONAL PRODUCTIONHDPE 60 KMT/YearLLDPE 40 KMT/YearButene-1 15 KMT/Year

Polinter

HDPEEthylene

LLDPE

LDPE

Polyethylene

START UP DATE:START UP DATE:2009

Butene-1

INVESTMENT PORTFOLIO EL TABLAZO2007-2013


PE.04.07 N°10



PROJECT DESCRIPTION PROJECT DESCRIPTION :: This projectconsiders the construction of a new 1 millionmt/year ethylene unit in “El Tablazo”petrochemical complex. In addition, we plan tobuild two brand new units, one with a capacityof 300,000 mt/year to produce high densitypolyethylene (HDPE) and another of 300,000mt/year to produce low density polyethylene(LDPE).

PRODUCTIONPRODUCTIONEthylene 1000 KMT/YearHDPE 300 KMT/YearLDPE 300 KMT/Year

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 2074 MMUS$•Business Structure: 50% Polinter, 50%Pequiven.

EthaneEthane EthyleneUnit

EthyleneEthylenePolinter

HDPE

LDPE

Polyethylene

OLEFINS III AND DERIVATIVES EL TABLAZO(PHASE II: INDEPENDENCE PROJECT)

INVESTMENT PORTFOLIO EL TABLAZO2007-2013


PE.04.07 N°11

El Tablazo Petrochemical Complex - Projects 2007 - 2013

METHANE ETHANE PROPANE BUTANE

EXPANSION POLYETHYLENE EL

TABLAZO 3,54 - - -

OLEFINS III & DERIVATIVES EL TABLAZO T.B.D 97 - -

Total 3,54 97 0 0

EL TABLAZO

NATURAL GAS (MMSCFD)

PROJECTSPETROCHEMICAL

COMPLEX

FEEDSTOCK DEMAND

T.B.D.: TO BE DETERMINEDT.B.D.: TO BE DETERMINED


PE.04.07 N°12


“PARAGUANA”


“PARAGUANA”



PE.04.07 N°13

PROJECT DIAGRAM:PROJECT DIAGRAM:PROJECT DESCRIPTION PROJECT DESCRIPTION :: The project considers••BasicsBasics’’ Generation Generation: a) An olefins plant which includesone thermal cracking unit and another catalyticcracking unit to produce ethylene and propylene fromlight naphtha and natural gasoline. b) One aromaticsplant to produce benzene and m-xylene from naphthacracking c) Infrastructure and services for theindustrialization of refining streams.••Industrialization of Refining StreamsIndustrialization of Refining Streams: Developmentand industrialization of basic petrochemicals(petrochemical chain in defining process)

PETROCHEMICAL POLE OF PARAGUANÁ

PRODUCTION OLEFINS PLANT :PRODUCTION OLEFINS PLANT :ETHYLENE 943 KMT/YearPROPYLENE 1030 KMT/Year

PRODUCTION AROMATICS PLANT :PRODUCTION AROMATICS PLANT :BENZENE 773 KMT/YearXYLENE 817 KMT/Year

FINANCIAL EXECUTION:FINANCIAL EXECUTION:Generation of Basic Petrochemicals (Olefins andGeneration of Basic Petrochemicals (Olefins andAromatics)Aromatics)•Estimated Project Investment: 3600 MMUS$ (Includes Services)

•Business Structure: 100 % PDVSAIndustrialization Streams:• Estimated Project Investment: Estimated 5200 MMUS$.

•Business Structure: Joint Ventures and Private investors

START UP DATE:START UP DATE: (OLEFINS & AROMATICS):(OLEFINS & AROMATICS):2012

Olefins Plant

Aromatics Plant

Naphtha Catalytic Cracking

NaphthaReformation

Amilenes &Naphtha

NaturalGasoline

LightNaphtha

NaphthaCardón

Thermal Cracking Naphtha

Naphtha Cardón Reformation

Gas Comb.

Butane

Ethylene

Propylene

Fuel Oil

Hydrogen

Benzene

Xylene

Gasoline

BasicPetrochemicalsIndustrialization

INVESTMENT PORTFOLIO PARAGUANA2007-2013


PE.04.07 N°14

Paraguaná Petrochemical Complex - Projects 2007 - 201 3

METHANE ETHANE PROPANE

BASIC PETROCHEMICALS T.B.D - -

3522 KMT/Y Naftas / 1308

KMT/Y Gasoline

2 Y 3 RA. TRANSFORMACIÓN T.B.D - -

Basic Petrochemicals

PARAGUANÁ


OTHERSPROJECTSPETROCHEMICAL

COMPLEX

T.B.D.: TO BE DETERMINEDT.B.D.: TO BE DETERMINED

FEEDSTOCK DEMAND


PE.04.07 N°15


“NAVAY”


“NAVAY”



PE.04.07 N°16

PHOSPHATES INDUSTRIAL DEVELOPMENT AT NAVAY

PROJECT DESCRIPTION PROJECT DESCRIPTION :: Construction of a petrochemicalcomplex of phosphates :- Development of mines at Navay (4600 MT/D) y MonteFresco (1000 MT/D), Favored rock plant (2600 MT/D),Plants of: Sulfuric acid (2000 MT/D), Phosphoric acid (600MT/D), DAP/MAP/NPK (1000 MT/D) Tricalcic Phosphate(150 MT/D), Simple Super phosphate (200 MT/D).- Industrial condominium to establish downstream socialproduction enterprises. Social development of the axisAbejales – San Joaquin of Navay.

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 570 MMUS$.•Business Structure: 100% PEQUIVEN.


START UP DATE:START UP DATE:2009: Monte Fresco mines.2010: Los Monos mines and y Navay Petrochemical

complex.

PRODUCTIONPRODUCTIONPhosphatic Rock 2000 MT/YearFavored Rock 858 MT/YearAcid Sulfuric 660 MT/YearDAP/MAP/NPK 330 MT/YearAcid Phosphoric 198 MT/YearSimple Super Phosphate 66 MT/YearTricalcic Phosphate 50 MT/Year

INVESTMENT PORTFOLIO NAVAY 2007-2013


PE.04.07 N°17

Navay Petrochemical Complex Projects 2007 - 2013


NAVAYPHOSPHATES IMDUSTRIAL

DEVELOPMENT AT NAVAY 10 - - -Total 10 0 0 0



COMPLEX

FEEDSTOCK DEMAND


PE.04.07 N°18


“MORÓN”


“MORÓN”



PE.04.07 N°19

MORON PETROCHEMICAL COMPLEX ADAPTATION

PROJECT DESCRIPTIONPROJECT DESCRIPTION : : Construction of aphosphatased and nitrogenated fertilizers plant in orderto accomplish substitution of product imports and tosupply national market. This project is totally align withVenezuela’s National Sowing Plan. This projectconsists in one plant of sulfuric acid of 3000 MT/Day,one plant to produce 1800 MT/Day of Ammonia, oneplant of 2200 MT/Day of Urea, a new plant of phosphaterock benefit with a capacity to process 4000 MT/Day. Itwill include an expansion of the actual plant ofphosphoric acid from 250 MT/D to 600 MT/D, a newelectric substation with 220 MVA and one new plant ofcompressed air with capacity to produce 1400 Nm3/h.


PRODUCTIONPRODUCTIONAmmonia 630 KMTYUREA 770 KMTYSulfuric Acid 990 KMTYPhosphoric Acid 210 KMTYDAP 126 KMTYRock Benefit 1400 KMTY



INVESTMENT PORTFOLIO MORÓN 2007-2013


PROCESOS DE PRODUCIÓN DE FERTILIZANTES

Phosphatic Rock

Potassium

Domestic Market

AcidSulfuric

AcidPhosphoric

Sulfate Ammonia

FertilizerGranulates

NPK

DAP

PHOSPHATATES

Ammonia UreaGasSteam

Air

NITROGENATESCO2

NH3

Sulfur


PE.04.07 N°20

PIA

PARAXYLENE MAQUILA PARAXYLENE -PTA



PRODUCTIONPRODUCTIONPET 120 KMT /year

POLYETHYLENE TEREPHTHALATE (PET)

BTXUNIT

EL PALITO

PETUNIT

CAPACITY: 120 KMT/year

PTA

MEG

LOCALMARKET

EXCEEDS EXPORTS

PROJECT DESCRIPTIONPROJECT DESCRIPTION ::This project considers to build a 120 KMT/yearPolyethylene Terephthalate (PET) unit in resingrade. The project will start after the El Palito’sBTX unit adaptation and it will use feedstockfrom the paraxylene product line.

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 125 MMUS$.•Business Structure: 50% PEQUIVEN, 50%Private Partners.

INVESTMENT PORTFOLIO MORÓN 2007-2013


PE.04.07 N°21

Morón Petrochemical Complex Projects 2007 - 2013


ADECUACIÓN DEL COMPLEJO MORÓN 90 - - -

PET 1 - - -TotalS 91 0 0 0

MORÓN



COMPLEX

(*)(*)

(*) INCLUDES ACTUAL DEMAND 50 MMSCFD (CONTRACT)(*) INCLUDES ACTUAL DEMAND 50 MMSCFD (CONTRACT)

FEEDSTOCK DEMAND


PE.04.07 N°22


“JOSE”


“JOSE”



PE.04.07 N°23

INFRASTRUCTURE & SERVICES JOSE


PROJECT DESCRIPTIONPROJECT DESCRIPTION ::This project considers infrastructure andindustrial services at the Jose petrochemicalcomplex. Infrastructure and services like, landplanning, an electric sub-station in the south ofthe complex and the expansion of the one onthe north from 120 MVa to 240 MVa, watermodules expansion, and docks arecontemplated in this project.


PRODUCTIONPRODUCTIONELECTRICITY To Be determinedSTEAM TBDWATER TBDDOCK TBD

INVESTMENT PORTFOLIO JOSE2007-2013


Infrastructure& Services

GAS

ELECTRICITY

STEAM

WATER


PE.04.07 N°24

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 70 MMUS$.•Business Structure: Joint venture diversification

PROJECT DESCRIPTIONPROJECT DESCRIPTION ::Conversion of the actual MTBE plant atSuperOctanos, to produce Isooctane. This projectseeks to retain our position and market shareproducing additives to oxygenate gasoline, we willprocess Isooctane as an alternative for the MTBEproduction.


PRODUCTIONPRODUCTIONISOOCTANE 373 KMT /year

MTBE CONVERSION TO ISOOCTANO



Isomerization Dehydrogenation Etherification

Dimerization

Butanes

432 KMTA

iC4

Refining

Methanol

1 MTMA

PSAH2

FG

C5s

FG

iC4=

iC4

Hidroge-

nationiC8=

PSA

Isooctane

373 KMT/Y


PE.04.07 N°25

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 479 MMUS$•Business Structure: joint venture expansion

PROJECT DESCRIPTIONPROJECT DESCRIPTION ::Expansion of METOR’s plant at JosePetrochemical Complex, to produce an additional2500 MT/D of methanol for local and internationalmarkets. The project seeks to maintain ourimportant position in Methanol internationalmarkets and to contribute to Venezuela’spetrochemical and economical development.


PRODUCTIONPRODUCTIONMETHANOL 825 KMT /year

METHANOL III JOSE (METOR EXPANSION)




PE.04.07 N°26

PROPYLENE JOSE

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 430 MMUS$•Business Structure: 100% PEQUIVEN

PROJECT DESCRIPTIONPROJECT DESCRIPTION :: Construction andoperation of a Propane Dehydrogenation Unit(PDH) at Jose Petrochemical Complex, toproduce 455 KMTA of propylene. Theproduced feedstock will be assign to producePolypropylene in Venezuela.


PDH Propylene

Propane

POLYPROPYLENEPLANT


PRODUCCIONPRODUCCIONPropylene 455 KMT /year



PE.04.07 N°27

POLYPROPYLENE JOSE

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 450 MMUS$.•Business Structure: 50% PEQUIVEN, 50%Braskem.

PROJECT DESCRIPTIONPROJECT DESCRIPTION ::. Construction of anew facility at the Jose Petrochemical Complex,to produce 450 KMTA of Polypropylene. Productdestination will be national and Latin-Americanmarketplaces.


PROPYLENEPROPYLENE

POLYPROPYLENEPOLYPROPYLENE

PROJECT


PRODUCTIONPRODUCTIONPolypropylene 450 KMT /year



PE.04.07 N°28


NH31260 KMT Y

Natural Gas130

MMSCFD

SURPLUS TOEXPORT

890890KMTYKMTY

UREA UREA1540 KMTY1540 KMTY

370370KMTYKMTY

LOCAL DEMAND /SURPLUS TO EXPORT

NITROGENATED FERTILIZERS JOSE

PROJECT DESCRIPTIONPROJECT DESCRIPTION :: Construction of twoammonia plants of 1800 MT/Day each, and twourea plants of 2200 MT/Day each, at the JosePetrochemical Complex in order to supplyproduct to the national and South Americanmarket.



PRODUCTIONPRODUCTIONAMMONIA (NH3) 1260 KMT /yearUREA 1540 KMT /year



PE.04.07 N°29

OLEFINS IV AND DERIVATIVES JOSE

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 4208 MMUS$.•Business Structure: 50% PEQUIVEN, 50%Braskem.

PROJECT DESCRIPTIONPROJECT DESCRIPTION ::The project consist in the construction of sevenunits: one to produce Ethylene from Ethane with anameplate of 1300 KMTA; one plant of HighDensity Polyethylene of 400 KMTA; one plant ofLow Density Polyethylene with a capacity of 294KMTA and one plant to produce Lineal LowDensity Polyethylene with a nameplate of428KMTA. In addition, this project contemplatesthe construction of one caustic soda plant of 292KMTA and one EDC/VCM plant of 431 KMTA inorder to feed a plant of 200 KMTA of PVC, andexport 230 KMTA of MVC.


PRODUCTIONPRODUCTIONETHYLENE 1300 KMT /yearHDPE 400 KMT /yearLDPE 294 KMT /yearLLDPE 428 KMT /yearCHLORINE 259 KMT /yearVCM 431 KMT /yearPVC 200 KMT /yearCAUSTIC SODA (100%) 285 KMT /year


EthyleneEthane

High DensityPolyethylene (HDPE)

Lineal Low DensityPolyethylene (LLDPE)

Exp

orts

EthyleneUnit

PVC

NATIONAL

NATIONAL

Salt Caustic SOCA (100%)Caustic

Plant

Low DensityPolyethylene (LDPED)

EDC/VCM

Exports VCM

Project Ethane Extraction 86 KBD


Clorine

MARKET


PE.04.07 N°30


START UP DATE:START UP DATE:2011 - 2013

PROJECT DESCRIPTIONPROJECT DESCRIPTION :: Construction of newplants downstream of the methanol produced atthe Jose Petrochemical complex. This productswill be oriented to supply Local, SouthAmerican and European markets demand.

METHANOL DOWNSTREAM DEVELOPMENT

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 580 MMUS$.•Business Structure: 50% PEQUIVEN, 50%Private partners.

(*) Preliminary values considering large scalepetrochemical plants. Currently on validation inconjunction with a market research study andtechnological availability.


Methanol(Jose) Acetic Acid

Methyl Methacrylate

Formaldehyde

Dimethyl ether

CO

Methylamine

Chloromethane

Urea Formaldehyde

HCN, ACETONE

VAM

AMMONIA

HCL

UREA (Solution)

ETHYLENE

PRODUCTIONPRODUCTIONACETIC ACID 300 KMT/yearVAM 300 KMT/year (*)METHYL METHACRYLATE 110 KMT/year (*)FORMALDEHYDE 75 KMT/year (*)UREA FORMALDEHYDE 40 KMT/yearMETHYLAMINES 30 KMT/year (*)CHLOROMETHANES 30 KMT/year (*)DME Pending estimation


PE.04.07 N°31

Projects Jose Petrochemical Complex 2007 - 2013

FEEDSTOCK DEMAND


MTBE CONVERSION TO ISOOCTANOS 20 - - 27

METHANOL EXPANSION 85 - - -

PROPYLENE 11 - 33 -

POLYPROPYLENE 0,2 - - -

NITROGENATED FERTILIZERS JOSE 130 - - -

OLEFINS & DERIVATIVES JOSE 17 136 - -

METHANOL DOWNSTREAM DEVELOPMENT - - - -

Total 263,2 136 33 27

JOSE



COMPLEX

P.D.: To Be DeterminedP.D.: To Be Determined


PE.04.07 N°32


“GÜIRIA”


“GÜIRIA”



PE.04.07 N°33

INFRASTRUCTURE AND SERVICES GUIRIA


PROJECT DESCRIPTIONPROJECT DESCRIPTION ::This project considers the construction ofindustrial services (Land facilities, Electricity,water, dock, etc) in order to adequate the GranMariscal de Ayacucho complex forpetrochemical use.


PRODUCTIONPRODUCTIONELECTRICIDAD TO BE DERTERMINEDVAPOR TBDAGUA TBDMUELLE TBD

INVESTMENT PORTFOLIO GUIRIA2007-2013


Infrastructure& Services

GAS

ELECTRICITY

STEAM

WATER


PE.04.07 N°34

METHANOL IV GÜIRIA

FINANCIAL EXECUTION:FINANCIAL EXECUTION:•Estimated Project Investment: 900 MMUS$.•Business Structure: 50% PEQUIVEN, 50%Private Partner.

PROJECT DESCRIPTIONPROJECT DESCRIPTION :: Construction of anew plant at the New Güiria PetrochemicalComplex (CIGMA), to produce 5000 MT/Day ofmethanol to supply local and internationalmarkets demand. It would be under a jointventure business structure.


PRODUCTIONPRODUCTIONMETHANOL 1750 KMT /year


INVESTMENT PORTFOLIO GÜIRIA2007-2013


PE.04.07 N°35


NH31260 MTMA

Gas Natural130

MMPCED

EXCEDENTE PARAEXPORTACIÓN

890890MTMAMTMA

UREA UREA1540 MTMA1540 MTMA

370370MTMAMTMA

CONSUMO LOCAL /EXCEDENTE PARA

EXPORTACIÓN

FERTILIZANTES NITROGENADOS GUIRIA

PROJECT DESCRIPTIONPROJECT DESCRIPTION :: Construcción de dosplantas de Amoniaco de 1800 TMD cada una, ydos plantas de Urea de 2200 TMD cada una, enel Complejo Jose, con el fin de fortalecer elabastecimiento del mercado de fertilizantesnitrogenados en el País y Sur-América.



PRODUCTIONPRODUCTIONAMONIACO (NH3) 1260 MTMAUREA 1540 MTMA

INVESTMENT PORTFOLIO GUIRIA2007-2013


PE.04.07 N°36

Güiria Petrochemical Complex Projects 2007 - 2013


METHANOL GÜIRIA 170 - - -

FERTILIZERS GÜIRIA 140 - - -Total 310 0 0 0

GÜIRIA



COMPLEX

FEEDSTOCK DEMAND


PE.04.07 N°37

BACK UPBACK UPBACK UPBACK UPBACK UPBACK UPBACK UPBACK UP


PE.04.07 N°38

1644 1644

440 440

867

1278

1369 1404 1404

1644Ethane

Propane

Butane

0

500

1000

1500

2000

2500

2007 2009 2011 2013 2015 2017 2019 2021 2023 2025

MM

SC

FD

Metano Etano Propano Butano

Methane

Methane Ethane Propane Butane

PEQUIVEN GAS REQUIREMENTSPEQUIVEN GAS REQUIREMENTS2006-20252006-2025


PE.04.07 N°39

Propylene (Refinery)

Benzene(Refinery)

Ethylene(Refinery)

P- Xylene(Refinery)

Polypropylene

Phenol

Polystyrene

EVA

PET

Cumene

Purified Terephthalic Acid (PTA)

Ethylene Oxide

VAM

MEG

Bis-Phenol A

SBR/Latex

Styrene

Butadiene(Refinery)

PE

Methanol(Jose)

Acetic Acid

Ethylbenzene

Acetone

Basic Petrochemicals Derivative Petrochemicals Final Products

“PRELIMINARY” PETROCHEMICAL CHAINS FROM THE“PRELIMINARY” PETROCHEMICAL CHAINS FROM THEINDUSTRIALIZATION OF REFINERY STREAMS AT CRPINDUSTRIALIZATION OF REFINERY STREAMS AT CRP


PE.04.07 N°40

Propylene (Refinery)

Benzene(Refinery)

M- Xylene(Refinery)

Acrylate Esters

Phthalic AnhydrideOrtho- Xylene

Polyurethane

Superabsorbent Polymer (SAP)Acrylic Acid

Basic Petrochemicals Derivative Petrochemicals Final Products

OTHER POSSIBILITIES TO CONSIDER FROM THEOTHER POSSIBILITIES TO CONSIDER FROM THEINDUSTRIALIZATION OF REFINERY STREAMS AT CRPINDUSTRIALIZATION OF REFINERY STREAMS AT CRP

Propylene Oxide

TDI / MDI

M- Xylene(Refinery)

Isophtalic Acid (IPA)

Meta- Xylene

Note: All basic petrochemicals will be transform in 2nd and 3rd phase petrochemicals. We are performinga study, “Petrochemical Product Screening at CRP” with the consulting firm Nexant, in order to identifypetrochemical chains to develop from light and heavy naphtha streams. We are taking into considerationeconomic variables as well as the social impact.


PE.04.07 N°41

0 40 80 120 160

PERU

ARGENTINA

3,99

5,90

10,94

11,47

17,81

19,25

26,13

152,38

BOLIVIA

TRINIDAD & TOBAGO

COLOMBIA

OTHERS & CENTRAL AMERICA

BRAZIL

VENEZUELA

Fuente: BP STATISTICAL REVIEW OF WORLD ENERGY 2005

Venezuela accounts for 2.4% of world Natural Gas R eserves, and 62% ofCentral and South America and 30% of the Americas

Competitive Advantage (Natural Gas Reserves)

The Petrochemical Industry In Venezuela

1010101012121212 Cubic Feet (TCF) Cubic Feet (TCF) Cubic Feet (TCF) Cubic Feet (TCF)


PE.04.07 N°42

. . .. . .. . .. . .. . .. . .. . .. . . Venezuela has the Second Largest RefiningVenezuela has the Second Largest RefiningVenezuela has the Second Largest RefiningVenezuela has the Second Largest RefiningVenezuela has the Second Largest RefiningVenezuela has the Second Largest RefiningVenezuela has the Second Largest RefiningVenezuela has the Second Largest RefiningCapacity in Latin AmericaCapacity in Latin AmericaCapacity in Latin AmericaCapacity in Latin AmericaCapacity in Latin AmericaCapacity in Latin AmericaCapacity in Latin AmericaCapacity in Latin America

Thousand Barrels DailyThousand Barrels DailyThousand Barrels DailyThousand Barrels Daily

Competitive Advantage (Refining Capacity)


Fuente: BP STATISTICAL REVIEW OF WORLD ENERGY 2005

VENEZUELAVENEZUELA

570

1940

1357

611

0 500 1000 1500 2000 2500

Neth. Antilles & Aruba

Argentina

Brasil


PE.04.07 N°43

. . . Venezuela is 4th in World Phosphatic Rock. . . Venezuela is 4th in World Phosphatic Rock. . . Venezuela is 4th in World Phosphatic Rock. . . Venezuela is 4th in World Phosphatic Rock. . . Venezuela is 4th in World Phosphatic Rock. . . Venezuela is 4th in World Phosphatic Rock. . . Venezuela is 4th in World Phosphatic Rock. . . Venezuela is 4th in World Phosphatic RockReserves.Reserves.Reserves.Reserves.Reserves.Reserves.Reserves.Reserves.

MILLIONS MTMILLIONS MTMILLIONS MTMILLIONS MT

Competitive Advantage (Phosphatic Rock Reserves)


0 5000 10000 15000 20000 25000

1200

1982 (*)

1700

2500

21000

1000

4600

Russia

Jordan

China

South Africa

USA

Morocco & Sahara

VENEZUELAVENEZUELA

(*): PEQUIVEN’s EstimationSource: Mineral Industry Survey USA 2001

pequiven pequiven - lateinamerika verein · pequiven filial de pdvsa pe.04.07 n° 2 mission to...

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