THE WOODLANDS, Texas, March 24, 2014 /PRNewswire/ -- CB&I (NYSE: CBI) today announced it has been awarded a contract by Shandong Sincier Petrochemical Co., Ltd. for the license and engineering design of a grassroots propane and butane dehydrogenation unit to be built in Dongying, Shandong Province, China.
The unit will use the CATOFIN® dehydrogenation technology offered from CB&I and Clariant's tailor-made CATOFIN catalyst to process feeds containing 165,000 metric tons per year (MTA) of propane and 250,000 MTA of iso-butane for the joint production of propylene and isobutylene.
"This project award demonstrates the flexibility of the CATOFIN technology and catalyst to allow customers to co-process multiple feed compositions at optimal conditions for the highest yields with proven operational reliability," said Daniel McCarthy, President of CB&I's Technology operating group. "The new CATOFIN unit will enable Shandong Sincier to process cost effective LPG feedstocks."
Propylene and isobutylene will be used as building blocks to produce a variety of plastics and solvents.
About CB&I
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 55,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.
About Clariant
Clariant is a globally leading specialty chemicals company based in Muttenz near Basel/Switzerland. On December 31, 2013, the company employed a total workforce of 18,099. In the financial year 2013, Clariant recorded sales of CHF 6.076 billion for its continuing businesses. The company reports in four business areas: Care Chemicals, Catalysis & Energy, Natural Resources, and Plastics & Coatings. Clariant's corporate strategy is based on four pillars: managing businesses for profitability, research & development and innovation, growth in emerging markets, and repositioning of the portfolio. www.clariant.com.
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SOURCE CB&I
