CHINA: Lihuayi lets KBR license, catalyst contracts for new Chinese olefins production plant
Lihuayi Lijin Refining & Chemical Co. has awarded contracts for technology license, basic engineering design services and proprietary catalyst supply to KBR for a new olefins production facility in Dongying, China.
The olefins unit will use KBR's proprietary Catalytic Olefins Technology (K-COT) and Selective Cracking Optimum Recovery (SCORE) technology. Combined, the technologies help users maximize feed and product stability. No other information was disclosed.
"Lihuayi always follows the direction of developing petrochemical business in a green and energy-efficient way," said Xu Yunting, chairman and chief executive of Lihuayi Group. "KBR's innovative catalytic olefin technology fits our corporate development plan well and we believe it can help Lihuayi to further speed up the progress of industry upgrading and to be more competitive in the market."
Source: Weekly “PetroChemical News”, Durham, NC, USA; 1 Oct 2018
(Syed Rashid Ali, Karachi, Pakistan)