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Grace announces High Olefins Yield FCC collaboration with TechnipFMC

April 24/2019

MOSCOW (MRC) -- W. R. Grace & Co. announced that it has signed an agreement with TechnipFMC to jointly develop improved catalyst and process technology related to TechnipFMC Deep Catalytic Cracking, as per Hydrocarbonprocessing.

TDCC is a high-severity fluid catalytic cracking process licensed by TechnipFMC and designed to produce very high yields of propylene and other petrochemical feedstocks. The collaboration will leverage Graces knowledge as the leading supplier of FCC catalysts and light-olefins additives as well as TechnipFMCs significant experience in Deep Catalytic Cracking including process and mechanical know-how.

"As the demand for petrochemicals grows, processes specifically designed to provide pathways to convert crude oil to petrochemical feedstocks, like TDCC, will become imperative for refiners," said Tom Petti, Graces President, Refining Technologies. "Grace is very excited to partner with TechnipFMC, which is the technology leader in this area having licensed seven units with greater than 18 wt% propylene yields."

Stan Knez, TechnipFMCs President, Process Technology, stated, "Grace is the world leader in FCC catalysts and more specifically, catalyst solutions for the max propylene segment. We look forward to our collaboration and expect our joint efforts to deliver significant value to current and future licensees."

As MRC reported earlier, in April 2018, W. R. Grace & Co. completed the USD416 million acquisition of the Polyolefin Catalysts business of Albemarle Corporation.

A leader in polyolefin catalysts and licensing, Grace has the worlds broadest portfolio of polypropylene and polyethylene catalyst technologies used to produce thermoplastic resins for a variety of applications. A leading innovator and strategic partner to its customers, Grace supplies catalyst solutions for all polyolefin processes, as well as polypropylene process technology and process controls. Grace employs approximately 3,700 people in over 30 countries.
Author:Margaret Volkova
Tags:PP, PE, crude and gaz condensate, propylene, ethylene, petrochemistry, Technip, W.R. Grace.
Category:General News
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