McDermott's Lummus Technology bags petrochemicals contract in China
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McDermott's Lummus Technology bags petrochemicals contract in China

11:41 AM, 8th November 2019
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HOUSTON, US: McDermott International Inc has been awarded a sizeable technology contract by Formosa Chemicals Industries Ningbo Limited. The contract is for the technology license and basic engineering services for a grassroots alpha-methylstyrene (AMS) recovery unit in Ningbo, China.

This 10,000 MTA unit will utilize AMS technology jointly licensed by Versalis and McDermott's Lummus Technology to recover specialty chemicals for niche market sale.

The award strengthens the ongoing collaboration, dating back to 1995, between the Formosa organization and Lummus Technology. This technology incorporates many decades of operating and design experience by Versalis with Lummus design expertise.

"This award represents the first license of this AMS technology. The commercialization of this technology illustrates the effectiveness of our continuous innovation process. Lummus works to provide our customers market-leading solutions to enhance their competitiveness; the addition of the AMS recovery unit will enable Formosa to recover this specialty chemical with unmatched purity, ultimately enhancing the operating margins while lessening the environmental footprint," said Leon de Bruyn, Senior Vice President of McDermott's Lummus Technology business.

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