SABIC Fujian Petrochemicals proceeds with large-scale ethylene project
SABIC Fujian Petrochemicals is a joint venture between SABIC Industrial Investment Company and Fujian Fuhua Gulei Petrochemical.
On January 22, SABIC announced the final investment decision for the SABIC Fujian Petrochemical Complex and it plans to begin construction this year and expects to complete construction in 2026.
The complex is the largest single investment joint venture project with foreign investment in Fujian Province to date.
"We commend and congratulate SABIC Fujian Petrochemicals for making this critical investment decision and look forward to helping them reach many more milestones," said Leon de Bruyn, president and chief executive officer of Lummus Technology.
"This project highlights Lummus' unique capability to integrate our solutions during customers' investment and operating cycles, lowering costs, reducing energy consumption, enhancing reliability and yield, and optimizing operations."
Lummus' scope for the project includes technology license and basic design engineering for up to 1800 KTA ethylene/1020 KTA propylene MFSC unit, a 60 KTA butene-1 unit and BTX products. Lummus will also supply its proprietary heater equipment and CDModules®.
Lummus is the world's leading licensor of ethylene technology, having licensed more than 200 ethylene plants around the world, accounting for approximately 45 percent of global ethylene capacity. Lummus has also completed over 250 ethylene grassroots, revamp and expansion design projects, more than any competing technology licensor.