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Aramco Signs Agreement with Chevron, CB&I to Boost Petrochemicals Technology

Source: www.gulfoilandgas.com 1/18/2018, Location: Middle East

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CB&I has entered into a Joint Development Agreement with Saudi Aramco that includes Chevron Lummus Global (CLG), CB&I's joint venture with Chevron U.S.A. Inc., for the development, commercialization and marketing of innovative crude-to-chemical technologies.

Together, Saudi Aramco, CB&I and CLG will develop a unique integration of advanced technology processes for the production of high-value petrochemicals from crude oil. Specifically, CB&I's ethylene cracker technology and CLG's hydroprocessing technologies combined with Saudi Aramco's proprietary Thermal Crude to Chemicals (TC2Cô) technology will provide the platform for this joint development.

"It is an honor to partner with Saudi Aramco to develop the most competitive processing solution for crude to chemicals," said Daniel M. McCarthy, CB&I's Executive Vice President of Technology. "There is a lot of attention in the market to more efficiently produce higher value petrochemical products such as ethylene, propylene, butadiene and aromatics directly from crude oil. CB&I and CLG's breadth of technologies and catalysts are unmatched in the industry spanning essentially all relevant refinery and petrochemical processes, which provide a strong foundation for this joint development."

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Oman >>  5/12/2018 - Having signed in place agreements for the implementation of the $7 billion Duqm Refinery project, the joint venture partners ó Oman Oil Company and Ku...
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Iran >>  5/9/2018 - Japanís Mitsubishi Chemical is finalizing several licensing agreements with a number of Iranian petrochemical companies. ...
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Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


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