The engineering, construction and services subsidiary of Halliburton Co. has reached an agreement with SK Corp. regarding the commercialization of ACO technology-a new technology for olefins production, known as the advanced catalytic olefin process. Plans are under way to install the ACO process in an existing olefins plant at an SK site, with KBR Inc. providing the design package.
The ACO technology uses a proprietary process and catalyst developed by Korea-based SK Corp. that gives higher overall olefins yields compared to conventional steam crackers, with an ethylene to propylene ratio of approximately one. This collaboration will provide a superior technology for producers of propylene and ethylene, from common and readily available feeds such as straight run naphthas and distillates.
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