KBR has bagged a license and engineering and a proprietary equipment supply contract from China Pingmei Shenma Group (PMSM) to construct two new polycarbonate plants in Kaifeng and Pingdingshan in the Henan Province in China.
Image: KBR offices on Clinton Drive - Formerly the headquarters of Brown & Root. Photo courtesy of WhisperToMe/Wikipedia.
Under the terms of the contracts, both 100,000 metric tonnes per annum plants will utilize KBR’s proprietary phosgene-based interfacial polycarbonate technology PCMAX. As part of its overall polycarbonate strategy, PMSM intends to expand its total production capacity to 800,000 metric tonnes per annum.
KBR’s unique PCMAX technology produces a wide range of high quality polycarbonate product grades with minimal capital investment.
PMSM general manager Yang Jianguo said: “KBR is a world-leading technology licensor.
“The polycarbonate project using KBR’s advanced PCMAX technology is the largest technology import project for PMSM in recent years. This project supports China’s requirement for advanced and high-quality developments as well as PMSM’s corporate vision of industrial transformation and upgrading.”
KBR Technology president John Derbyshire said: “KBR is excited to be part of this major investment project. Growing demand for polycarbonate products in China presents an attractive opportunity for PMSM.
“KBR’s superior PCMAX technology will empower PMSM to be a market leader in the polycarbonate business.”
KBR globally licenses and designs polycarbonate synthesis and compounding plants as well as complementary phenolic technologies, including phenol/acetone, and bisphenol-A (BPA). KBR’s integrated phenolicsoffering provides advantages in raw material, utility, OPEX and maintenance costs.
Estimated revenue associated with this project was booked into backlog of unfilled orders for KBR’s Technology Business Segment in the second quarter of 2018.
Source: Company Press Release