KBR on Thursday announced it was awarded a contract by
Cambodian Petrochemical Co. (CPC) to provide
licensing and engineering services for the Veba Combi Cracker
(VCC) unit to be implemented in the Kampong Som Petrochemical Industrial Zone.
Tianjin Petrochemical Engineering Design Co.
(TPED), the EPC contractor for the unit, executed the
agreements on behalf of CPC.
Under the terms of the contract, KBR said it will
provide licensing and basic engineering services for the
1.2 million tpy VCC unit that will process refinery vacuum residues into
naphtha and Euro 5 diesel products.
The VCC technology was selected after
careful evaluation of the process. The high residue conversion
and finished products quality will significantly improve the
economics of our facility, said Li Chengchun, chief
executive of CPC.
VCC can process a wide range of residues and fuel oil,
which greatly enhances our crude flexibility and had a big
influence on the selection of our refinery configuration," he
The EPC contractor is critical to the successful
implementation of a new technology. noted Jiang
Huadong, general manager of TPED. TPED is committed to
build this unit in accordance with CPCs quality,
schedule, and cost requirements.
CPC is the first refinery in Cambodia, with a crude
capacity of 5 million tpy. It is invested in by the
Cambodian National Petroleum Authority, Cambodian HKT Special
Economic Zone, and Hong Kong Diamond Industry.
We are pleased to be awarded our fourth license since
acquiring the right to license VCC in 2010. The other three
units are under construction, said John
Derbyshire, president of KBR Technology. I look forward to
working with CPC and TPED as we embark on this important project.
Specific financial terms were not disclosed.