McDermott International said it has been awarded a technology contract for the basic engineering and licensing of Irkutsk Oil Company's (IOC) 650 KTA ethylene plant in Russia.
The deal also includes the detailed engineering and material supply of six SRT (Short Residence Time) pyrolysis heaters for the plant. The plant will be designed to produce 650 KTA of polymer grade ethylene from ethane and propane, and will also produce high-purity hydrogen and C5 by-products.
"This contract is a significant award for us in Russia," said Daniel M. McCarthy, executive vice president of McDermott's Lummus Technology business. "The remote location and harsh winter conditions presented constraints on the target project completion date that are being minimised through careful planning of the equipment design and specification schedule."
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.