China: Unique Technology KBR Awarded License and Engineering Contract by PMSM
KBR’s proprietary phosgene-based interfacial polycarbonate technology Pcmaxtm will be utilised in both the polycarbonate projects which are expected to be constructed in the Kaifeng and Pingdingshan regions.
Texas/USA – KBR has recently announced that it has been awarded a license as well as engineering and a proprietary equipment supply contract by China Pingmei Shenma Group (PMSM) to build two new polycarbonate plants in Kaifeng and Pingdingshan in the Henan Province, China.
Under the terms of the contract, both the 100,000 metric tonnes per annum plants will utilise KBR's proprietary phosgene-based interfacial polycarbonate technology Pcmaxtm. As part of its overall polycarbonate strategy, PMSM intends to expand its total production capacity to 800,000 metric tonnes per annum.
KBR's unique Pcmaxtm technology produces a wide range of high quality polycarbonate product grades with minimal capital investment. Estimated revenue associated with this project was booked into backlog of unfilled orders for KBR's Technology Business Segment in the second quarter of 2018.