MOSCOW (MRC) -- KBR and Petron Scientech Inc. (PSI) have announced they have signed an alliance agreement to license differentiated, energy-efficient, and sustainable technologies for renewable chemicals production, as per KBR's press release.
Under this agreement, KBR will be the exclusive licensor for PSI’s Ethylene Oxide/Ethylene Glycol (K-MEG), Alcohol Dehydration (K-SEET) and Maleic Anhydride (Max-Leic) technologies, which are used to convert ethanol into ethylene and further derivative chemicals used in a wide range of industry and consumer products.
PSI has developed these technologies over the past 30 years and is recognized as a leader in renewable ethanol and ethylene value chains and biorefineries. KBR will license these technologies and provide engineering services for new biorefineries as well as integrating the technologies in existing refineries and petrochemical plants to offer sustainable alternatives.
As MRC reported earlier, in July 2021, KBR was awarded technology licensing contracts by PKN Orlen for KBR's leading Solvent Deasphalting (SDA) and Residue Fluid Catalytic Cracking (RFCC) technologies as part of PKN's Bottom-of-the-Barrel project for its Plock Refinery in Poland.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 953,400 tonnes in the first five months of 2021, which virtually corresponded to the same figure a year earlier. High denisty polyethylene (HDPE) shipments decreased. At the same time, PP shipments to the Russian market were 607,8900 tonnes in January-May 2021, up by 33% year on year. Shipments of homopolymer PP and PP block copolymers increased, whereas deliveries of PP random copolymers decreased.
Petron Scientech Inc, (PSI) based in Princeton, New Jersey, is a leader in the field of integrated and hybrid biorefineries, production of ethanol from first and second generation feedstocks for gasoline additive, and industrial conversion of renewable ethanol into a variety of important chemical building blocks specifically, higher alcohols, bio ethylene, bio ethylene oxide (EO), bio ethylene glycols (MEG) and other ethylene applications.
KBR delivers science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 29,000 people worldwide with customers in more than 80 countries and operations in 40 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results.
MRC