Technip announced today that it has entered into a contract to supply its proprietary ethylene technology, Process Design Package, technical services and proprietary equipment to SP Olefins (Taixing) Co. Ltd, a subsidiary of SP Chemicals(1), for a 650 KTA grassroots gas cracker. Located in Taixing, Jiangsu Province, China, the plant will use low cost ethane and propane from North America. It will be part of SP Olefins 1100 KTA Light Hydrocarbon Utilization Project.
Key proprietary technology components include:
The project will be executed by Technip’s operating center in Houston, Texas, USA.
Stan Knez, President, Technip Stone & Webster Process Technology, said: “Technip’s proven ethane cracking technology and track record of recent gas cracker awards provide a solid foundation for this plant, which will be the first gas cracking ethylene plant in China. We also take pride in our long relationship with SP Chemicals, which started with an Ethylbenzene and Styrene Monomer plant that adopted Badger(2) proprietary technology and has been running very well since it started up in 2013.”
As a world leader in gas monetization, refining and petrochemicals, Technip has a strong expertise in proprietary equipment, technologies and licensing.
Date: Feb 23, 2016