CB&I awarded residue upgrading technology contract in India
THE WOODLANDS, Texas — CB&I announced it has been selected by Indian Oil Corporation Limited (IOCL) for the license, engineering design and catalyst supply for a residue upgrading unit in Mathura, India.
The unit will use Chevron Lummus Global's (CLG) LC-MAX and ISOCRACKING technologies. The scope of work also includes the supply of catalysts, proprietary reactor internals, and training and technical services. CLG is a joint venture between Chevron U.S.A. Inc. and CB&I.
CLG's ISOCRACKING and LC-MAX technologies provide the most flexible upgrade path of vacuum residue to lighter, premium products at an industry-leading conversion rate of 90%. The flexibility and high-conversion rates achieved by the technologies enable customers to reach a balance between stringent product specifications, product yield and cycle run-length, all with the benefit of lower capital investment and operating costs, the company said in a press release.
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