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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 world’s 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 DRPIC’s 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,
HPL’s 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. |
