Home / Knowledge / News / Textiles / KBR clinches deal with Yanchang for ACO technology
KBR clinches deal with Yanchang for ACO technology
19
Oct '11
KBR announced it was awarded a License and Process Design Package contract for a new olefins production unit using the Advanced Catalytic Olefins (ACO) technology. This award represents the first license using this innovative technology which catalytically cracks naphtha and other straight run feeds to produce olefins yields which surpass those available from traditional steam cracking technology.

Shaanxi Yanchang Petroleum Yanan Energy and Chemical Co., Ltd. will construct and operate the plant which will be constructed in Luoyang Village, Fucheng Town, Fu County, Shaanxi Province, China. The ACO Converter will have a capacity of approximately 200 kta of olefins (ethylene plus propylene).

ACO technology is developed jointly by KBR and SK Innovation. The keys to this novel technology are the development of a proprietary catalyst and optimization of operating conditions by SK Innovation coupled with the know-how of KBR in the design of fluid bed reactors and olefins production facilities. In October of 2010, SK Innovation successfully started up and operated an ACO Demonstration unit at its facility in Ulsan, South Korea, which met the expectations of both companies.

“This is a historic moment not only for KBR, SK Innovation and Yanchang, but also for the petrochemical industry,” said John Derbyshire, President, KBR Technology. “Our collaboration on this award and the successful startup of the Demonstration plant last year underscores SK Innovation and KBR's shared commitment to developing innovative technology solutions for customers across the globe.”

The ACO process provides a highly attractive alternative to naphtha steam crackers, offering higher olefins production at lower cost.

“Yan'an Energy & Chemical Company is honored to be the first commercial user for ACO technology in the world,” said Wang Jiaxin, General Manger, Yanchang Petroleum Yan'an Energy & Chemical Company. “We went through a very strict technical comparison and evaluation before we made the decision to choose ACO technology. Compared with the traditional steam cracking technology, we believe ACO has many obvious advantages and is therefore much more suitable for our situation. We will work closely together with KBR and SK Innovation to build a plant that successfully demonstrates the technology.“

“With the conclusion of this contract, the foundation is laid for the expansion of ACO technology into the global market and I'm confident this cutting edge technology, the value of which SK Innovation will continue to bolster, will deliver new value and strong growth globally,” said Dr. DS Kim, President of SK Innovation Global Technology.

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets.

SK Innovation, former SK Energy, is one of the world's leading energy and petrochemical companies with US$ 38 billion in sales (as of 2010). SK Innovation's leadership allows it to maintain competitive advantages in regional refining and petrochemical markets while penetrating new markets around the world through a diversified business portfolio.

KBR


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search