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Shaw wins contract on its RFCC technology for Abu Dhabi Oil Refining Company

  • United Arab Emirates: Tuesday, July 22 - 2008 at 10:03
  • PRESS RELEASE

The Shaw Group Inc. announced that its Energy & Chemicals Group has been selected to provide engineering services and licensing for its proprietary Residue Fluid Catalytic Cracking (RFCC) technology to Abu Dhabi Oil Refining Company (Takreer).

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The contract award is part of the major grassroots expansion of refining capacity at the Ruwais Industrial Complex in the United Arab Emirates. In addition to its RFCC technology, Shaw also will provide engineering services to integrate and coordinate 11 new process units from other licensors at the site.

"Shaw, together with its partners, Axens and Total, is a market leader in the application of RFCC technology and its integration into the petrochemical industry," said Lou Pucher, president of Shaw's Energy & Chemicals Group.

"This unit - at 127,100 barrels per stream day - is the world's largest under design and features Shaw's advanced light olefins recovery and purification technology for maximum polymer grade propylene production."

The value of Shaw's contract, which has been included in the company's previously announced backlog of unfilled orders, was not disclosed. Shaw jointly developed the proprietary RFCC technology through an alliance with Axens and Total that began in the early 1990s. This award brings the number of licensees of its FCC related technologies to 42 around the world.
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Notes and media contacts

The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemicals, environmental, infrastructure and emergency response markets. A Fortune 500 company with fiscal 2008 revenues expected to exceed $7bn; Shaw is headquartered in Baton Rouge, La., and employs approximately 27,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region.

Distrbiuted by ME NewsWire on behalf of Business Wire.

Contacts:
The Shaw Group Inc.
Financial Contact:
Chris Sammons, 225-932-2546

or

Media Contact:
Sean Clancy, 225-987-7129

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