McDermott International has won two technology contracts from Indian Oil Corporation (IOCL) for the license and basic engineering design of a 200 KTA polypropylene plant in Barauni, India, and also for a 420 KTA polypropylene plant in Gujarat, India.
Indian Oil Corporation is the leading refiner and a major petrochemical player in India. Both plants will use Lummus’ proprietary NOVOLEN process reactors and proprietary NHP catalyst to produce a wide range of leading polypropylene products for the Indian and regional markets.
McDermott Lummus Technology business executive vice president Daniel McCarthy said: “Lummus’ Novolen Technology offers the most competitive technology for the manufacturing of polypropylene, and continues to provide innovations in process and products.
“By licensing this technology to enhance the profitability of both the Barauni Refinery and the Gujarat Refinery, IOCL will be able to produce a variety of polypropylene products to meet India’s increasing demand for plastics.”
McDermott’s Lummus Technology is a leading licensor of proprietary petrochemicals, refining, gasification and gas processing technologies, and a supplier of proprietary catalysts and related engineering.
With a heritage spanning more than 100 years, encompassing approximately 3,100 patents and patent applications, Lummus Technology provides one of the industry’s most diversified technology portfolios to the hydrocarbon processing sector.
These awards were reflected in McDermott’s third quarter 2018 backlog.
Source: Company Press Release.