- Awarded two technology contracts for a petrochemical complex in Indonesia
- Lummus Technology has a long-standing relationship with the petrochemical complex owner, Chandra Asri
- This project will boost petrochemical production to meet demand in Indonesia
McDermott International, Inc. (NYSE: MDR) yesterday announced it has been awarded two sizeable* technology contracts by a subsidiary of PT Chandra Asri Petrochemical Tbk, PT Chandra Asri Perkasa, for the company's planned new petrochemical complex in Indonesia. McDermott's scope of work includes licensing and basic engineering packages for Lummus Technology's olefins technology, including Short Residence Time (SRT®) ethylene heater design and critical supply, and for butadiene extraction technology.
The steam cracker is expected to produce 1,100 kta of ethylene and 600 kta of propylene using Lummus Technology's proprietary, highly selective SRT VII cracking heaters. Additionally, the complex is expected to produce approximately 175 kta of butadiene using the market-leading BASF/Lummus Technology butadiene extraction technology.
"Lummus Technology has a strong relationship with Chandra Asri that goes back more than 25 years," said Daniel M. McCarthy, Executive Vice President of McDermott's Lummus Technology business. "We licensed several technologies for their first complex and look forward to working with them on the second complex, which will boost petrochemical production to help meet domestic demand in Indonesia."
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 of technology development spanning more than 100 years, encompassing approximately 3,500 patents and patent applications, Lummus Technology provides one of the industry's most robust technology portfolios to the hydrocarbon processing sector.
* McDermott defines a sizeable contract as between USD $1 million and USD $50 million.