Gulf Oil and Gas accountACCOUNT

McDermott Awarded PDH Technology Contract in Europe by INEOS

Source: www.gulfoilandgas.com 10/10/2018, Location: Europe

McDermott International, Inc. 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.

"INEOS has selected McDermott for its first major grassroots investment," said Daniel M. McCarthy, Executive Vice President of McDermott's Lummus Technology business. "This award is a strong testament to the reliability and performance of our CATOFIN technology and catalyst."

McDermott's Lummus Technology 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. 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.

Process Technology Licensing News in France >>

Azerbaijan >>  12/6/2018 - Honeywell announced today that the State Oil Company of Azerbaijan Republic (SOCAR) will use Honeywell UOP’s Pressure Swing Adsorption (PSA) technolog...
China >>  12/5/2018 - LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that China Petroleum Materials Limit...

Norway >>  12/4/2018 - Equinor is stepping up its use of wired drill pipe to acquire subsurface real-time data during drilling operations, in line with the corporate digital...
United States >>  11/28/2018 - Baker Hughes, a GE company (BHGE) announces the launch of its new approach to subsea development: Subsea Connect, including its Aptara™ TOTEX-lite sub...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


France Oil & Gas 1 >>  2 | 3 | 4 | 5 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.