Technip licenses ethylene technology for PTT’s grassroots Ohio cracker
10/30/2015 12:00:00 AM
Technip announced this week that it has entered into a contract to supply its proprietary ethylene technology and process design package to Thailand-based PTT Global Chemical for a 1 MMtpy grassroots ethane cracker to be located in Belmont County, Ohio.
The plant, which will use low-cost ethane from the regions shale deposits, will be part of a major shale-based petrochemical complex to be built by PTT, which is expected to make a final investment decision in 2016 or 2017.
Key technology components include Technips proprietary USC furnaces preferred for high-capacity, low-cost gas cracking capabilities as well as Technips well-established ethylene recovery system.
The project will be executed by Technips operating center in Houston, Texas.
As the largest ethylene licensor and contractor, Technip is pleased to bring its proven ethane cracking and process technologies and experience to this cracker, which is part of PTTs first world-scale petrochemical complex outside of Thailand," said Stan Knez, president of Technip Stone & Webster Process Technology.
Previously, Technip provided technology and engineering for PTT Global Chemicals 500,000 tpy ethylene plant in Map Ta Phut, Thailand, which began operations in 1994.
As a world leader in gas monetization, refining and petrochemicals, Technip has a portfolio of market leading process technologies, including ethylene.
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