News Post
Technip licenses ethylene technology for PTT’s grassroots Ohio cracker
Technip announced this week that it has entered into a contract to supply its proprietary ethylene
technologyand process design package to Thailand-based PTT Global Chemical for a 1 MMtpy grassroots ethane cracker to be located in Belmont County, Ohio.
The plant, which will use low-cost ethane from the region’s shale deposits, will be part of a major shale-based
petrochemical complex to be built by PTT, which is expected to make a final investment decision in 2016 or 2017.
Key
technology components include Technip’s proprietary
USC furnaces preferred for high-capacity, low-cost gas cracking capabilities as well as Technip’s well-established ethylene recovery system.
The
project will be executed by Technip’s operating center in Houston, Texas.
“As the largest ethylene licensor and contractor, Technip is pleased to bring its proven ethane cracking and process technologies and experience to this cracker, which is part of PTT’s first world-scale
petrochemicalcomplex outside of Thailand," said Stan Knez, president of Technip Stone & Webster Process Technology.
Previously, Technip provided
technology and engineering for PTT Global Chemical’s 500,000 tpy ethylene plant in Map Ta Phut, Thailand, which began operations in 1994.
As a world leader in gas monetization,
refining and
petrochemicals, Technip has a portfolio of market leading process technologies, including ethylene.
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