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MOSCOW (MRC) -- Lummus Technology
announced that it has been awarded a contract from Ningbo Kingfa Advanced
Materials Co., Ltd. for two propane dehydrogenation units in Ningbo, Zhejiang
Province, China. Lummus’ scope includes technology licensing, process design
package and technical services, and catalyst supply through its partner
Clariant, said Hydrocarbonprocessing.
"We
have a strong history and presence in China, and licensing two world-scale
CATOFIN units to a repeat customer is a testament to Lummus’ position and
approach to the Chinese market,” said Leon de Bruyn, president and CEO of Lummus
Technology. "Our best-in-class CATOFIN technology, along with Clariant’s
catalysts, provide a highly reliable and low carbon route to
propylene."
Each unit will have a production capacity of 600,000
mtpy for a total additional propylene production capacity of 1,200,000 mtpy.
This is the second CATOFIN PDH contract from Ningbo Kingfa. In 2011, Lummus
licensed its CATOFIN technology for the first PDH unit at the same
site.
"We are proud that our existing CATOFIN
plant has demonstrated robust and reliable performance since its start up,” said
Mark Yang, Ningbo Kingfa’s general manager. “We value our collaboration with
Lummus for the CATOFIN technology and the proven performance and technical
support that they provide. In turn, selecting Lummus’ technology for our Phase 2
and Phase 3 projects was a straight-forward decision."
CATOFIN
technology is a unique process for the production of olefins, such as propylene
(from propane) and iso-butylene (from iso-butane). Lummus has exclusive
worldwide licensing rights to this technology. The catalyst is produced by
Clariant, a leading company in the development of process catalysts. Due to its
superior thermodynamic operating conditions of vacuum and lower temperature for
reactors, CATOFIN provides the highest conversion and selectivity for conversion
of paraffins to olefins. Even when co-producing propylene and isobutylene, high
conversions can be maintained. The CATOFIN process employs multiple reactors
operating in a cyclic manner with an automated program so that the flow of
process streams is continuous.
As per MRC, Lummus Technology announced that it
has been awarded a technology contract by Shandong Yulong Petrochemical Co.,
Ltd., a subsidiary of China’s Nanshan Group. Lummus will provide Master
Licensor services for multiple licensed units, consisting of two mixed feed
crackers, an EB/SM plant and two polypropylene (PP) lines. The scope includes
technology licensing, process design package, training and advisory services,
master licensor integration services and catalyst supply for the PP
plant.
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 estimated PE consumption totalled 1,594,510 tonnes in the first nine
months of 2020, up by 1% year on year. Only high denstiy polyethylene (HDPE)
shipments increased. At the same time, PP shipments to the Russian market
reached 880,130 tonnes in the nine months of 2020 (calculated using the formula:
production minus exports plus imports, exluding producers' inventories as of 1
January, 2020). Supply increased exclusively of PP random copolymer. |
