Group Inc. today announced it has been awarded contracts
to provide a process design package and technology license for
the addition of a 30,000-bpd deep catalytic cracking (DCC) unit to IRPC's 215,000-bpd refinery in Rayong,
The project will maximize the production
of polymer-grade propylene and recovery of polymer-grade
ethylene to be used as feedstock for petrochemical derivative units at
the same site.
Shaw will also function as the super-licensor for four
additional supporting technologies provided by Axens. As
super-licensor, Shaw has single-point responsibility for
execution and performance guarantees for these
Shaw is the exclusive licensed provider of DCC technology outside of China.
Together with the technology's developer,
Sinopec Research Institute of Petroleum Processing, Shaw has
licensed a total of 16 DCC units.
Shaw also provided its technology for the world's largest
DCC unit (producing in excess of 900,000 tpyof propylene) for a
grassroots, high-olefins fluid catalytic cracking project in the Middle East.
The undisclosed value of the process design package contract
was included in Shaw's Energy & Chemicals segment's backlog
of unfilled orders in the fourth quarter of fiscal year 2011.
The undisclosed value of the technology license contract will be
included in backlog in the second quarter of fiscal year