Technip was awarded a contract by Daelim Industrial Company to provide proprietary equipment for the world’s first commercial High Severity Fluid Catalytic Cracking (HS-FCC) unit. The HS-FCC cracks heavy hydrocarbons into lighter olefins such as propylene and lighter fuels such as gasoline. It will be constructed as part of the expansion of the existing residue conversion facilities at the S-Oil refinery in Onsan, South Korea.

The proprietary equipment provided by Technip includes an innovative downflow reactor, the key component of the HS-FCC technology.

Stan Knez, President, Technip Stone & Webster Process Technology, commented: “We continually develop our proprietary equipment designs to ensure clients receive maximum value from their investment. This is particularly important when new advanced technology such as the HS-FCC(3) is employed.”

This award results from Technip’s strong expertise in technology and equipment, which is part of its strategic focus to provide an integrated offering, as a broad-based oilfield services and equipment company.