CB&I Signs Agreement to License Aromatics Technology
Source: www.gulfoilandgas.com 11/9/2010, Location: North America
CB&I has signed an agreement with SABIC Americas to jointly develop and commercialize toluene methylation technology. Toluene methylation is used to selectively produce paraxylene within an aromatics complex. The technology was developed around a proprietary SABIC catalyst and process.
"This agreement expands our paraxylene technologies within the polyester chain and complements our existing portfolio," said Dan McCarthy, President of CB&I's Lummus Technology sector. "It also provides a unique debottlenecking solution for aromatic complexes."
The terms of the agreement were not disclosed.
