KBR, Inc. (Houston; www.kbr.com) announced today it has been awarded a license and basic engineering design contract for the revamp of a Fluid Catalytic Cracker (FCC) unit with the company’s MAXOFIN technology. The project was awarded by a confidential client and is located in Shandong Province in China.
Under the terms of the contract, KBR will provide the licensing package for the MAXOFIN conversion. MAXOFIN technology, developed by KBR, enables upgrade of existing FCC units to produce higher amounts of propylene, an important petrochemical feedstock, while still retaining the flexibility to produce more gasoline when market demand or prices are favorable.
KBR has been an industry pioneer in FCC technologies. KBR developed the world’s first FCC commercial unit in 1942, and has executed over 120 FCC projects globally. In addition to conventional FCC technology, KBR also offers KBR MAXDIESEL™ technology that increases diesel yield from FCC VGO stream and several other FCC configuration options.
The value of the contract was undisclosed and was booked into the backlog of unfilled orders for KBR’s Technology and Consulting division in Q4 of 2015.