Global EPC major KBR said it has joined forces with L&T Hydrocarbon Engineering, a key unit of India's top engineering and construction conglomerate Larsen & Toubro, to exclusively bid for refinery and petrochemical projects globally, with specific focus on India, South East Asia and the Middle East and Africa (MEA) markets.
Under the terms of the agreement, KBR will license proprietary technology and engineering services and LTHE will be the EPC services provider. It will also see KBR involving its solid acid alkylation technology (K-SAATTM), solvent de-asphalting technology (Rose) and catalytic olefins technology (K-COTTM).
K-SAAT is KBR's next generation solid acid alkylation technology that provides high alkylate yield and high feed flexibility, while its solvent de-asphalting technology, Rose, has more than 90% market share among solvent de-asphalting technologies.
KBR's K-COT is a catalytic olefins technology that convert low-value olefinic, paraffinic or mixed streams into high-value propylene, ethylene and aromatics.
"This MoU brings together KBR's century-long technology expertise and LTHE's strong capability as a major EPC player and modular solution provider," remarked Doug Kelly, KBR President, Technology Solutions.
"KBR's innovative and reliable process technologies have been helping refinery and petrochemical plants globally to optimize production and reduce operating costs," he added.-TradeArabia News Service
Copyright 2020 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).