MOSCOW (MRC) -- KBR has been awarded a technology licensing contract by Hyundai Engineering and Tecnicas Reunidas for PKN ORLEN’s Petrochemical Development Program in Plock, Poland, according to Hydrocarbonprocessing.
Under the terms of the contract, KBR will provide technology license, basic engineering design, and proprietary equipment for its leading ethylene technology, Selective Cracking Optimum Recovery (SCORE), for PKN ORLEN’s Olefins Complex III Project. This is Europe’s largest petrochemical project in 20 years.
“KBR is privileged to be selected as the ethylene technology licensor for this ambitious project and contribute to PKN ORLEN’s growth and sustainability objectives,” said Doug Kelly, KBR President, Technology. “SCORE continues to lead the industry in delivering the highest yields and operational flexibility, while minimizing the carbon footprint.”
As MRC reported earlier, in July 2021, PKN Orlen signed a final contract with Hyundai Engineering and Tecnicas Reunidas for the engineering and construction of the main units for PKN Orlen's previously announced Olefins Complex III project at Plock, Poland.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,176,860 tonnes in the first half of 2021, up by 5% year on year. Shipments of exclusively low density polyethylene (LDPE) decreased. At the same time, PP shipments to the Russian market were 727,160 tonnes in the first six months of 2021, up by 31% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased. Supply of statistical copolymers of propylene (PP random copolymers) subsided.
PKN Orlen is a leading player on the fuels and energy markets, and the largest company in Central and Eastern Europe, listed in prestigious global rankings such as Fortune Global 500, Platts TOP250 and Thompson Reuters TOP100. The ORLEN Group operates in 6 home markets – Poland, the Czech Republic, Germany, Lithuania, Slovakia and Canada.
KBR has been a leader in olefins technology development, plant design for over 50 years. The company has licensed more than 100 grassroot ethylene plants utilizing our cost-effective and energy-efficient cracking technologies to produce ethylene, propylene and other valuable byproducts from a variety of feedstocks.
MRC