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Home / News / McDermott bags MOL petrochemicals’ contract in Hungary

McDermott bags MOL petrochemicals' contract in Hungary

May '19
Pic: McDermott
Pic: McDermott
McDermott International, a fully integrated provider of technology, engineering and construction solutions to energy industry, has been awarded a contract by MOL Petrochemicals for basic engineering, technology license, catalyst and Front End Engineering Design (FEED) for an Olefins Conversion Technology (OCT) unit at its petrochemicals complex in Hungary.

Once complete, the unit at Tiszaújvaros, will have a production capacity of 100,000 MTA of polymer grade propylene from steam cracker and refinery feedstocks, utilising Lummus’ proprietary OCT, and CDHydro Deisobutenizer. The unit will also produce an isobutene-rich stream, said McDermott in a press release.

Lummus Technology’s OCT is the most economical and commercially proven route to on-purpose propylene production, with very low energy consumption due to its energy-neutral chemistry, and low feedstock consumption due to high selectivity.

“We are honoured by MOL’s selection to use OCT for integration into their petrochemicals business,” said Leon de Bruyn, senior vice president of McDermott’s Lummus Technology business. “OCT is recognised as the most economical route for utilising C4and Cfeeds from a steam cracker or refinery to increase propylene production in a petrochemicals complex.”

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. (PC)

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