HOUSTON - Thursday, October 4th 2012 [ME NewsWire]
(BUSINESS WIRE)-- KBR (NYSE: KBR) announced today that it was awarded a License and Process Design Package contract by Jiutai Energy Group (Jiutai) for its Methanol to Olefins (MTO) Recovery Project in Dalu New Area, Zhungeer Banner, Ordos, Inner Mongolia, China.
KBR’s MTO technology will be used in the recovery process for Jiutai’s 600 KTA ethylene and propylene unit. The recovery process will take 1,800 KTA methanol to the MTO Reactor and convert it. The effluent from the MTO Reactor will then enter KBR MTO Recovery to separate 600 KTA polymer grade ethylene product and propylene product.
“We are pleased with the increased response from clients for KBR MTO Recovery Technology,” said John Derbyshire, president, KBR Technology. “This project builds upon KBR’s more than 60-year history of olefins production and recovery. We are honored that Jiutai has selected KBR MTO Recovery Technology and look forward to delivering superior performance on this milestone project. Asia is one of the fastest growing regions with a very high demand for consumer products made from ethylene and propylene. This process will be key in the production of propylene and ethylene, both very important commodity products in the future.”
Jiutai was established in 2002 and has been listed on the main board of the Stock Exchange of Singapore (named “China Energy“) since 2006. Jiutai is a National High-technology enterprise, and mainly produce 1,300 KTA methanol and 1,100 KTA diethyl ether (DME) with the production facilities in Linyi, Shangdong; Ordos, Inner Mongolia; Guangzhou, Guangdong; Zhangjiang, Jiangsu; Beijing. Jiutai developed its own DME technology and is the largest DME producer in the world at present.
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.
Contacts
KBR
Zac Nagle, 713-753-3625
Vice President,
Investor Relations and Communications
Investors@kbr.com
Marianne Gooch
Director, Corporate Communications
Media Relations Hotline: 713-753-3800
Mediarelations@kbr.com
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