Lummus Technology (Houston) announced an award for its butadiene extraction (BDE) technology from Korea Petrochemical Ind. Co., Ltd. (KPIC). The BDE unit will be part of KPIC’s Onsan Chemical Plant in Ulsan, Republic of Korea.
“With this award, KPIC is recognizing the value and experience that Lummus offers in terms of providing a butadiene extraction technology with the most environmentally-friendly design and the largest global market share,” said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. “We look forward to strengthening our partnership with KPIC and supporting their production of value-added products at Onsan.”
The project scope for this award includes the technology license, basic engineering and training services. Once complete, the unit will produce 146,000 metric tons per year (m.t./yr) of butadiene, which will also lead to the production of more valuable products from existing C4 streams and generate feed for an existing olefins conversion unit.