Shaw to provide DCC technology for Thai refinery
The Shaw 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, Thailand.
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 technologies.
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 2012.
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