KBR will utilize PCMAX Technology for new polycarbonate project in China
HOUSTON – KBR, Inc. announced it has been awarded both a license and engineering (LBED) and a proprietary equipment supply contract by Cangzhou Dahua New Materials Co., Ltd.(CDNM) to build a new polycarbonate plant in Cangzhou City, China.
Under the terms of the two contracts, KBR will provide its proprietary PCMAXTM technology, basic engineering design package and proprietary equipment supply for a 100 Mtpy single train plant in Cangzhou. CDNM intends to expand annual production at a later stage to 200,000 metric tonnes.
The plant will utilize KBR's phosgene-based interfacial polycarbonate PCMAXTM technology. KBR's unique PCMAXTM technology offers a wide range of high-quality product grades with minimal capital investment.
"KBR has been our most trustworthy partner for decades," said Xie Huasheng, Chairman of CDNM. "The polycarbonate market in China is booming, and we believe that by choosing KBR's advanced technology, we can achieve the best quality of products and place ourselves in the leading position in this new market."
"We are extremely pleased and honored to be CDNM's strategic partner," said John Derbyshire, President, KBR Technology and Consulting. "China is one of our most important markets and KBR is excited to be a part of this significant project."
KBR globally licenses and designs polycarbonate synthesis and compounding plants as well as complementary phenolic technologies, including phenol/acetone, and bisphenol-A (BPA). KBR's integrated phenolics offering provides advantages in raw materials, utilities, OPEX and maintenance costs.
Revenue associated with this project was booked into a backlog of unfilled orders for KBR's Technology and Consulting Business Segment in the fourth quarter of 2017.
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