Hungary: Petrochemicals Mc Dermott Wins Technology Contract from MOL Petrochemicals
The contract involves basic engineering, technology license, catalyst and Front End Engineering Design for an Olefins Conversion Technology unit at MOL's petrochemicals complex in Tiszaújvaros, Hungary. On completion, the facility is expected to have a production capacity of 100,000 MTA of polymer grade propylene.
Texas/USA – Mc Dermott International has recently announced that it has been awarded a sizeable technology contract by MOL Petrochemicals. The contract deals with the basic engineering, technology license, catalyst and Front End Engineering Design (Feed) for an Olefins Conversion Technology (OCT) unit at MOL's petrochemicals complex in Tiszaújvaros, Hungary. Once complete, this unit will have a production capacity of 100,000 MTA of polymer grade propylene from steam cracker and refinery feedstocks, utilising Lummus' proprietary OCT, and CD Hydro Deisobutenizer. The unit will also produce an isobutene-rich stream.
Lummus Technology's OCT is the most economical and commercially proven route to on-purpose propylene production, with very low energy consumption due to its energy-neutral chemistry, and low feedstock consumption due to high selectivity.
"We are honored by MOL's selection to use OCT for integration into their petrochemicals business," said Leon de Bruyn, Senior Vice President of Mc Dermott's Lummus Technology business. "OCT is recognised as the most economical route for utilising C4 and C5 feeds from a steam cracker or refinery to increase propylene production in a petrochemicals complex."
This award will be reflected in Mc Dermott's second quarter 2019 backlog.