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McDermott Bags Second CATOFIN PDH Technology Contract for Advanced Petrochemical Company in Saudi Arabia

Gasoil News - Published on Tue, 26 May 2020

Image Source: McDermott Advanced Petrochemical
McDermott International Inc announced that it has been awarded a sizeable technology contract by Advanced Global Investment Company, a wholly owned subsidiary of Advanced Petrochemical Co. McDermott's Lummus Technology will provide the license and basic engineering package of a C3 CATOFIN unit at its new grassroots petrochemical complex in Jubail, Kingdom of Saudi Arabia. The unit will have a propylene production capacity of 843,000 metric tonnes per annum.

The CATOFIN process operates at optimized reactor pressure and temperature to maximize propylene yield. This plant will utilize Clariant's latest generation CATOFIN catalyst system, including the company's patented metal-oxide Heat Generating Material to deliver maximized selectivity at high conversion rates and long run lengths.

This is APC's second CATOFIN unit in their portfolio, having previously licensed the technology for their first unit in 2003, also in Jubail, KSA.

McDermott defines a sizeable contract as between USD 1 million and USD 50 million.

Source :

Posted By : Yogender Pancholi on Tue, 26 May 2020
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