TechnipFMC wins a large contract for Vietnam’s Largest Olefins Plant, Long Son Petrochemicals Co., Ltd. (LSP), by chemwinfo

28 August 2018

ABOUT TECHNIP

Mega-challenges for mega-crackers Since the late 1990s,

we have strengthened our leading position

in the market for mega-crackers used for ethylene production.

Recent achievements include:

Sadara, KSA: the world’s largest mixed feedstock cracker

(ethane, LPG, naphtha) designed for

1,500 KTA ethylene and 500 KTA propylene.

The plant started up in 2016.

Jamnagar, India:

the world’s largest cracker based on refinery off-gases,

under design to produce 1,400 KTA ethylene.

The plant is expected to start up in 2017.

CP Chem, USA:

design of a grassroots ethylene plant located

in Baytown, Texas,

producing 1.5 million tons per year of ethylene.

The plant incorporates TechnipFMC’s proprietary

Ultra Selective Cracking furnaces.

Our scope of work included

development of the Process Design Package

and Front-End Engineering Design (FEED),

as well as procurement of key long-lead equipment items

and detailed design of the furnaces.

Sasol Chemicals, USA:

technology license and FEED

for a 1,500 KTA grassroots ethane cracker

based on feedstock derived from shale gas.

Location is the Louisiana Gulf Coast and plant

is under construction.

Dow Chemical Co. LHC-9, USA:

technology license, FEED and cracking furnaces engineering

and procurement

for a 1,500 KTA ethane cracker.

Location is the Texas Gulf Coast.

ABOUT SK ENGINEERING

DETAILS

TechnipFMC has been awarded by

Long Son Petrochemicals Co., Ltd. (LSP),

a large(1) contract for

the licensing, engineering, procurement,

construction,

commissioning and start-up

of Vietnam’s first olefins(2) plant

on Long Son Island, Ba Ria-Vung Tau province, Vietnam.

Designed as a flexible feed cracker,

the olefins plant can utilize

both naphtha and LPG(3) feeds

to produce olefins of up to 1.6 million tons per year

depending on the feedstock mix.

The olefins will help meet Vietnam’s rising demand

for petrochemical products. The plant will also

include proprietary licensed units(4) 

and will be based on

TechnipFMC’s proprietary ethylene technology(5).

TechnipFMC is executing the project

in a consortium with

SK Engineering & Construction Co., Ltd. of South Korea.

TechnipFMC is the leader of the consortium

and, as a global company, will execute

all engineering, as well as

the procurement of critical equipment

from its operating centers located in

Houston, USA, Rome, Italy and Kuala Lumpur, Malaysia.

Nello Uccelletti,

President of TechnipFMC’s Onshore/Offshore business

“Our reliable proprietary ethylene technology

 and proven engineering, procurement

 and construction capabilities were key factors in this important,

 highly competitive award

 and confirms our leadership in this market.

 TechnipFMC will ensure, with SK Engineering & Construction,

 that this ambitious mega project

 is successfully delivered on time and on budget,

 meeting the highest safety and quality standards”.

The contract adds on to the remarkable list

of TechnipFMC’s references of onshore achievements in Vietnam,

in particular the country’s very first oil refinery,

the Dung Quất Refinery and the Phu My Fertilizer Complex.

(1 ) For TechnipFMC, a “large” contract

ranges between $500 million and $1 billion (TechnipFMC share). 

(2) Family of molecules including in particular ethylene and propylene,

which constitutes the raw material

allowing for the manufacture of many plastics. 

(3) LPG: liquefied petroleum gas. 

(4) C3 hydrogenation, C4/C5 hydrogenation,

pyrolysis gasoline hydrogenation and butadiene recovery units. 

(5) The proprietary ethylene technology

includes these key components:

• Ultra Selective Conversion (USC®)
  furnaces preferred for high selectivity and low cost,
  
  
• Heat-Integrated Rectifier System®,
  preferred for energy efficient ethylene recovery

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