India: Contract Bagged Mc Dermott Wins Polypropylene Technology Contract
The contract has been awarded by Chennai Petroleum Corporation Ltd for a 475 KTA polypropylene plant in Nagapattinam, Tamil Nadu, India. The agreement includes license, basic engineering and proprietary catalyst supply.
Texas/USA – Mc Dermott International has recently announced that it has been awarded a sizeable technology contract by Chennai Petroleum Corporation Ltd (CPCL), a group company of Indian Oil. The contract is for the license, basic engineering design and proprietary catalyst supply for a 475 KTA (Kilo Tonnes per Annum) polypropylene plant in Nagapattinam, Tamil Nadu, India. The plant will use Lummus' proprietary Novolen reactors and proprietary NHP catalyst and will have the capability to produce a full range of leading polypropylene products for the Indian and regional markets.
"This license award is our fourth recent polypropylene technology award in India, and places Novolen technology number one for licensed polypropylene capacity in India, with a total capacity of 3,100 kilo tonnes per annum," said Leon de Bruyn, Senior Vice President of Mc Dermott's Lummus Technology business. "The unique compactness of the Novolen reactor technology and resulting efficiencies in capital investment and operating costs allow our clients to be more competitive in the global polypropylene markets."
This award was reflected in Mc Dermott's first quarter 2019 backlog.