News Post
McDermott awarded licensing and engineering contracts for what is expected to be world's largest ethylene integration project
RusGasDobycha subsidiary Baltic Chemical Complex LLC has awarded contracts to McDermott International Inc. for the provision of their Lummus Technology licensing and engineering services for Baltic’s large ethane cracking project. This project is being prepared for location near Russian shores at the Gulf of Finland. Work is expected to commence immediately.
McDermott will bring its process design package (PDP) engineering and a technology license for olefin production and recovery. This contract includes the company’s own ethylene steam cracking process for the purpose polymer-grade ethylene production at the facility, which will have twin ethylene cracking sites with a combined processing capacity of 2.8 MMtpy. This site is also expected to include six polyethylene facilities with a capacity of 480,000 tpy and two linear alpha olefin facilities with a capacity of 137,000 tpy.
Earlier this month, China National Chemical Engineering Company (CNCEC) signed an agreement to construct this facility with an estimated cost figure of $13.3 billion with an expected completion year of 2024.
This facility is intended to continue to service the Russian petrochemical market, and CNCEC has been cited in saying that this project will further the construction of the Belt and Road Initiative for China as the firm continues to take on global projects.
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