GS Caltex selects CB&I as technology provider for new Korea paraxylene unit
CB&I was awarded a contract by GS Caltex for the license, basic engineering and catalyst
for a new paraxylene unit to be built in Yeosu, Korea, officials confirmed on Friday.
The unit will use the BP paraxylene technology, exclusively licensed by CB&I, and will have a world-scale design capacity. Start-up is expected in 2016.
The technology employs an innovative energy-efficient crystallization process to produce paraxylene and will provide GS Caltex with a reliable, low-cost solution for its world-scale plant.
"The energy efficiency and operating cost benefits afforded by this proven crystallization-based paraxylene technology are very attractive to the industry
as evidenced by this latest award," said Daniel McCarthy, president of CB&I's technology operating group.
"The technology is employed in BP's operating units and has proven to be robust and reliable," he added.
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