LG Chem has awarded KBR Inc. a technology licensing and basic engineering design (LBED) revamp contract for its ethylene plant in Daesan, South Korea.
Under the terms of the contract, KBR will provide license and basic engineering design services to expand the ethylene plant’s capacity by 230 KTA to a total of 1270 KTA through the addition of two new SCORETM SC-1 proprietary furnaces and product recovery system modifications.
This project is part of a larger LG Chem Daesan facility expansion, which will enable the company to produce additional high value-added ethylene derivative products.
John Derbyshire, President, KBR Technology and Consulting (T&C), said: "We are delighted to continue our close cooperation with LG Chem and that KBR's cost-effective, industry leading capabilities will play a key role in LG Chem's growth strategy to maintain its market lead and secure feedstock for high value-added downstream products."
The value of the contract was not disclosed.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/28022017/kbr-wins-ethylene-plant-revamp-contract/