Thailand Olefins Project Goes to McDermott
Map Ta Phut Olefins Co., Ltd. (MOC) has awarded McDermott International, Inc. a technology contract for a petrochemical plant in Thailand’s Rayong Province, McDermott reported Monday.
“We have worked with Map Ta Phut Olefins since their first project in 2005,” Daniel M. McCarthy, executive vice president of McDermott’s Lummus Technology business, said in a written statement. “This additional capacity will be realized by using our unique side cracker technology, which permits the cost-effective expansion of a liquid feed plant that has already reached its maximum capacity using conventional technology.”
Under the contract, McDermott will provide MOC – a joint venture of SCG Chemicals Co., Ltd. and Dow Chemical Co. – the basic engineering and license of Lummus’ olefins technology and will design and supply the proprietary “SRT III” heater for the MOC Debottleneck Project, McDermott stated. The company explained that the project entails adding a parallel gas cracker to increase plant capacity. It also noted that the parallel gas cracker will use Lummus’ side cracker technology, including a low-pressure chilling train and enhanced binary refrigeration.
SCG Chemicals is a subsidiary of Thailand-based Siam Cement Public Co. Ltd. (SCC). In a June 15 statement to The Stock Exchange of Thailand, SCC reported that its board had approved the MOC debottlenecking and had budgeted approximately 15.5 billion Baht (nearly USD 500 million) for the project. The project will rely on propane feedstocks and will add 350,000 tons of annual olefins capacity to the MOC facility, bringing its total olefins capacity to 2.05 million tons, the translated SCC document stated.
McDermott did not specify the amount of its MOC contract but classified it as “sizable.” The company stated that “sizable” contracts range in value from $1 million to $50 million.
SCC has stated that it expects the debottlenecking to conclude in Second Quarter 2021.
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