10 October 2018
is a leading licensor of proprietary petrochemicals, refining,
gasification and gas processing technologies,
and a supplier of proprietary catalysts and related engineering.
With a heritage spanning more than 100 years,
encompassing approximately 3,100 patents and patent applications,
Lummus Technology provides one of the industry's
most diversified technology portfolios
to the hydrocarbon processing sector.
DETAILS
McDermott International, Inc. (NYSE: MDR)
today announced that it has been awarded
a sizeable* technology contract by INEOS
for the license and engineering
of a planned propane dehydrogenation (PDH) unit in Europe.
The unit will utilize
McDermott's Lummus Technology CATOFIN dehydrogenation process
to produce 750,000 metric tons of propylene per year.
It will also utilize
CATOFIN catalyst and heat generating material from Clariant.
This process provides
high conversion of propane to propylene
which results in lower investment and
operating costs for owners.
Daniel M. McCarthy,
Executive Vice President
of McDermott's Lummus Technology business
"INEOS has selected McDermott
for its first major grassroots investment,"
"This award is a strong testament
to the reliability and performance
of our CATOFIN technology and catalyst."
This award will be reflected
in McDermott's third quarter 2018 backlog.
* McDermott defines a sizeable contract
as between USD $1 million and USD $50 million.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
