London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Lummus confirms technology license award for Oman petchems complex

September 23/2020

MOSCOW (MRC) -- Lummus Technology, LLC (Houston) announced that it has been awarded a contract for technology licensing, process design package, training and advisory services, and proprietary catalyst and equipment supply by Duqm Refinery and Petrochemical Industries Company LLC (DRPIC), a joint venture between OQ S.A.O.C (OQ) and Kuwait Petroleum Europe B.V., said Chemengonline.

"Our customers benefit from our comprehensive technology portfolio, as we provide them with multiple technologies for one project, combining and integrating these technologies, proprietary equipment, catalyst and services, said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. This helps our customers reduce their capital and operating costs and assures them that they are working with an aligned project team that minimizes interfaces."

The contract is for the planned new petrochemical complex in Oman with multiple units, including the largest natural gas to liquids unit licensed by Lummus to Oman Oil Facilities Development Company LLC a wholly owned subsidiary of  OQ with a capacity of 48 MMSCMD, one of the worlds largest ethylene units with 1,600,000 metric tons per year (m.t./yr) ethylene capacity, a butadiene extraction unit with 161,000 m.t./yr butadiene capacity, and a CDMtbe unit (145,000 m.t./yr of MTBE) and 1-Butene separation (51,000 m.t./yr of 1-butene capacity) licensed to DRPIC. The arrangements also include the supply of Lummus proprietary catalyst and SRT (Short Residence Time) cracking heaters to the Duqm Petrochemicals Project.    

The units are part of the Duqm Petrochemicals Project, which is the second stage of DRPICs integrated refinery and petrochemical complex, and will be located at Duqm on the Arabian Sea coast of Oman, approximately 600 km south of Muscat. Other technology licensors on the Duqm Refinery project include OQ Chemicals and LyondellBasell.

As MRC informed earlier. Haldia Petrochemicals (HPL), a flagship company of The Chatt­erjee Group (TCG), alo­ng with its international partner Rhone Capital has acquired US-based Lummus Technology at an enterprise value (EV) of USD2.725 billion (around Rs 20,590 crore) from McDermott International. In the joint acquisition, HPLs share is at 57 per cent, the balance would be held by Rhone Capital. Under the new dispensation, Lummus Technology wou­ld function as a standalone autonomous entity.

As MRC informed earlier, in late March 2020, India's private-sector Haldia Petrochemicals (HPL) shut its naphtha cracker after ports in the country declared force majeure to prevent the spread of the coronavirus.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's overall PE production totalled 1,712,400 tonnes in the first seven months of 2020, up by 58% year on year. Linear low density polyethylene (LLDPE) accounted for the greatest increase in the output. At the same time, overall PP production in Russia increased in January-July 2020 by 24% year on year to 1,063,700 tonne. ZapSibNeftekhim accounted for the main increase in the output.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, PP, PE, neftegaz, petrochemistry.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe