Lummus Technology, a CB&I company, and Shaanxi Xin Xing Coal Chemical Science & Technology Development Co., Ltd. (SYN) have signed a cooperative marketing agreement to globally license DMTO methanol-to-olefins technology. This breakthrough technology enables new licensees to produce olefins from methanol, an economical alternative to crude oil-derived feedstocks. It also produces enhanced yields that will enable producers to cost-effectively expand their capacity-restricted olefins plants, which is not feasible using conventional ethylene technology.
The DMTO technology is to be employed at Shenhua Baotou Coal Chemicals Co., Ltd. plant in Baotou, China, which is currently in the detailed engineering and construction phase, and is expected to be completed by 2010. The plant is designed to produce 600,000 tpa of ethylene and propylene from methanol.
China's SYN is a joint venture company, controlled by DICP (Dalian Institute of Chemical Physics, Chinese Academy of Sciences), which licenses DMTO technology. American company, CB&I is a provider of global capabilities in engineering, procurement and construction to deliver comprehensive solutions to customers in the energy and natural resource industries.