"Our role as the exclusive licensor for BP's paraxylene (PX) technology is another example of how strategic collaborations are an effective approach for global producers like Reliance," said CB&I President and CEO Philip K. Asherman. "Combined with the expertise of CB&I's Lummus Technology business sector, this technology provides the optimal solution in terms of cost and reliability."
The complex includes proprietary BP paraxylene technology offered for license exclusively by Lummus Technology, which uses a novel crystallization step and other features to provide for low capital and operating costs.
Paraxylene is an intermediate in the manufacture of polyester, a polymer used for a variety of applications, from fibers to engineering plastics.
CB&I engineers and constructs some of the world’s largest energy infrastructure projects.
CB&I