MOSCOW (MRC) -- Technip Energies announced it has signed an agreement with Encina Development Group, LLC to deliver the Front-End Engineering Design (FEED) of the fluidized bed catalytic pyrolysis reaction section for Encina’s commercial plastic fluid catalytic cracking (PFCC) unit to produce circular chemicals from plastic waste in North America, said Hydrocarbonprocessing.
Encina utilizes a proprietary process to convert post-consumer scrap plastic to valuable circular chemical products. The process, called PFCC, converts mixed hard-to-recycle plastics into petrochemical feedstock such as light olefins and BTX aromatics. These circular feedstock chemicals can be seamlessly dropped into the fabrication process of new consumer products, reducing the need for virgin materials, and significantly reducing waste plastics.
This FEED will leverage Technip Energies’ industry credentials and know-how in fluidized design, established in the process technology FCC program. Technip Energies has an extensive portfolio of licensed and engineered FCC units, including more than 60 grassroots and 250 revamps, demonstrating its process and mechanical design experience. The company’s development team is committed to ongoing development initiatives in providing technology and engineering solutions to support the industry and its energy transition targets.
Bhaskar Patel, Senior Vice President Sustainable Fuels, Chemicals and Circularity, commented: “We are very pleased to be working with Encina on this first-ever commercial PFCC. As the industry explores ways to reduce its environmental footprint, this project brings an important circular economy solution to petrochemicals, recycling plastic wastes to create feedstock."
Carlo Badiola, Senior VP of Engineering and Technology at Encina, stated: “We selected the FEED platform because of Technip Energies’ leading expertise in fluidized bed design and engineering. We will combine both companies’ extensive knowledge of materials processing and our experience with plastics in related monomers and catalysts. Through this collaboration, we are reinforcing our commitment to producing high-quality circular chemicals for our customers."
As per MRC, TechnipFMC has been awarded a large Engineering, Procurement, Construction and Installation (EPCI) contract by Petrobras. The contract covers flexible and rigid pipe, umbilicals, pipeline end terminals, rigid jumpers, umbilical termination assemblies and a mooring system.
As per MRC, TechnipFMC has announced the launch of the placement of 16 million Technip Energies shares, representing ca. 9% of Technip Energies’ issued and outstanding share capital, through a private placement by way of an accelerated bookbuild offering. Upon completion of the Placement, TechnipFMC would retain a direct stake of ca. 22% of Technip Energies’ issued and outstanding share capital.
We remind, SIBUR, the largest petrochemical complex in Russia and Eastern Europe, and Technip Energies, an international engineering company, have entered into an agreement on cooperation in the field of technology for the production of Hexen-1 comonomer used in the production of linear polyethylene (LDPE) and low-pressure polyethylene (HDPE). The HEXSIB technology is a proprietary development of NIOST specialists, one of the main research centers of SIBUR.
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