China: Engineering Lummus Selected for Refining and Petrochemical Integrated Project in China

Shandong Yulong Petrochemical Co. has awarded a technology contract to Lummus Technology for the mega project. Under the terms of the contract, the technology company will provide Master Licensor services for two mega mixed feed crackers, two large polypropylene lines, and large ethylbenzene and styrene monomer units which are part of the huge project.

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Houston/USA – Lummus Technology has recently announced that it has been awarded a technology contract by Shandong Yulong Petrochemical Co., a subsidiary of China’s Nanshan Group. Lummus will provide Master Licensor services for multiple licensed units, consisting of two mixed feed crackers, an EB/SM plant and two polypropylene (PP) lines. The scope includes technology licensing, process design package, training and advisory services, master licensor integration services and catalyst supply for the PP plant.

The plants will be part of Shandong Yulong’s 20,000 kta Refining and Petrochemical Integrated Project, a mega complex to be located in the Province of Shandong that recently received government approval.

“Being awarded the Master Licensor for multiple licensed units, and participation in such a large-scale project in China, is very significant for Lummus,” said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. “This award underscores our ability to deliver the best process technology from our comprehensive portfolio, ensuring that customers such as Shandong Yulong benefit from low operating expenses and high reliability throughout their entire asset lifecycle. It is also a testimony to our technology leadership, as we have captured many projects since China’s Covid-19 recovery.”

PROCESS Insights 2020-06
Economic Evaluation of Petrochemical Projects after Corona

In the post Corona time and due to the oil price crash, the economics of large petrochemical projects has changed significantly, which made it necessary to reevaluate the planned projects. When evaluating the economics of a large project such as a cracker-based polymer complex, many factors have to be considered and have to be tested in different scenarios.

In this paper, our expert will provide you with a simple model and method for the economics evaluation of petrochemical projects and will explain possible scenarios.

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The mixed feed ethylene crackers will utilise Lummus’ market-leading ethylene technology incorporating the SRT® (Short Residence Time) VII cracking heaters that have the highest proven yields in the industry, and the low-pressure chilling train and patented multi-component refrigeration, which reduces investment costs and improves reliability by eliminating plant equipment. The EB/SM plants will utilise the Lummus/UOP Ebone and Classic SM technologies for reliable and efficient production of ethylbenzene and styrene monomer, respectively. The PP plant will utilise the Lummus Novolen Technology which demonstrates low overall capital and operating cost, while providing the best range in products and high reliability.

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