US Engineering firm, MCDermott announced in a statement that, it has secured technology contract by Advanced Global Investment Company, a wholly owned subsidiary of Advanced Petrochemical Co. (APC).
The project location is in Jubail Industrial City, eastern region of Saudi Arabia.
The engineering and construction company did not provide the exact value of the contract, but specified that as per its classification, the sizeable project is in the range of USD 1 million to USD 50 million.
McDermott’s Lummus Technology will provide the license and basic engineering package of a C3 CATOFIN unit at its new grassroots petrochemical complex. The unit will have a propylene production capacity of 843,000 metric tons per annum.
“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.
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 (HGM) to deliver maximized selectivity at high conversion rates and long run lengths.
“The CATOFIN technology that Lummus licenses worldwide, alongside our partner Clariant, provides a highly reliable, lower-cost route to propylene, with a lower carbon footprint. APC’s decision to proceed with CATOFIN technology for their second unit is a testament to the successful operation of their PDH unit and consistent performance as a top quartile PDH complex,” said Leon de Bruyn, Senior Vice President, Lummus Technology.
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