McDermott, a fully integrated provider of technology, engineering and construction solutions to the energy industry, received a sizeable award between $1 million and $50 million, as per a press release from McDermott.
“This is the largest Novolen licensed polypropylene award to date, and the largest polypropylene plant in India,” said Daniel M McCarthy, executive vice president of McDermott’s Lummus Technology business. “Our process includes a high degree of flexibility to adjust to market demand, and HRRL will enjoy the full benefits of economies of scale and technology capability for this world-scale plant.”
McDermott’s Lummus Technology is a leading licensor of proprietary petrochemicals, refining, gasification and gas processing technologies, and a supplier of proprietary catalysts and related engineering. With a heritage spanning more than 100 years, encompassing approximately 3,100 patents and patent applications, Lummus Technology provides one of the industry’s most diversified technology portfolios to the hydrocarbon processing sector. (PC)
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