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February 28, 2008 at 12:43 pm #3771
Shaw to Provide Deep Catalytic Cracking Technology for Grassroots Refinery in India
Thursday February 28, 2008 8:58 am ET
BATON ROUGE, La.–(BUSINESS WIRE)–The Shaw Group Inc. today announced that its Energy & Chemicals Group has been selected by Guru Gobind Singh Refineries Limited (GGSRL) to provide technology, engineering and procurement services for a Deep Catalytic Cracking (DCC) unit at the grassroots Punjab Refinery Project in Punjab, India. The value of Shaw’s contract, which has been included in the company’s previously announced backlog, was not disclosed.
“Shaw’s ability to incorporate Deep Catalytic Cracking technology into the Punjab Refinery Project will facilitate the most cost-effective and commercially proven option for the production of polymer grade propylene from the refining process,” said Lou Pucher, president of Shaw’s Energy & Chemicals Group.
DCC technology, originally developed by SINOPEC Research Institute of Petroleum Processing (RIPP), is a proprietary technology for the production of light olefins, particularly propylene and isobutylene, from a variety of hydrocarbon feedstock inputs. As primary building blocks for other downstream petrochemicals, light olefins produced using DCC technology are a value-added product of the refining process.
Shaw is the exclusive licensed provider of DCC technology outside of China, and together with RIPP has licensed 11 DCC units around the world. The first DCC complex designed and engineered by Shaw was successfully commissioned for Thai Petrochemical Industries in 1997.
GGSRL is a joint venture company between Hindustan Petroleum Corporation Limited and Mittal Energy Investment Pte Limited.
The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemical, environmental, infrastructure and emergency response markets. A Fortune 500 company with nearly $6 billion in annual revenues, Shaw is headquartered in Baton Rouge, La., and employs approximately 27,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. For further information, please visit Shaw’s Web site at http://www.shawgrp.com
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