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).
"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 »
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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