HOUSTON, US: McDermott International Inc has been awarded a sizeable technology contract by Indian Oil Corporation Limited (IOCL). Award includes technology license, basic engineering, proprietary equipment, training and technical services for a grassroots Fluid Catalytic Cracking (FCC) unit.
The unit will use INDMAX Technology for FCC, licensed by McDermott's Lummus Technology and developed in partnership with IOCL.
This FCC unit is part of a refinery expansion project for IOCL to grow into petrochemicals at the complex in Panipat, Haryana, India. Lummus Technology is the exclusive worldwide licensor of INDMAX Technology, which is a unique solution for vertical integration of refinery and petrochemical complexes and offers better product yields with lower capital and operating expenditures.
The INDMAX Technology combines the proprietary and innovative INDMAX catalyst and process concepts developed by the premier Research & Development Centre of IOCL with state-of-the-art FCC technology and hardware design features of Lummus Technology.
"IOCL has been an important partner to us for many years and we look forward to the continued relationship by participating in this refinery expansion project. IOCL currently operates INDMAX units at their Paradip and Guwahati refineries, and they are in the process of commissioning another at their Bongaigaon refinery," said Leon de Bruyn, Senior Vice President of McDermott's Lummus Technology business.
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