TechnipFMC (Paris, France; www.technipfmc.com) has been awarded by Long Son Petrochemicals Co., Ltd. (LSP), a large contract for the licensing, engineering, procurement, construction, commissioning and start-up of Vietnam’s first olefins plant on Long Son Island, Ba Ria-Vung Tau province, Vietnam.
Designed as a flexible feed cracker, the olefins plant can utilize both naphtha and liquefied petroleum gas (LPG) feeds to produce olefins of up to 1.6 million ton/yr, depending on the feedstock mix. The olefins will help meet Vietnam’s rising demand for petrochemical products. The plant will also include proprietary licensed units for C3 hydrogenation, C4/C5 hydrogenation, pyrolysis gasoline hydrogenation and butadiene recovery units, and will be based on TechnipFMC’s proprietary ethylene technology. The proprietary ethylene technology includes these key components: Ultra Selective Conversion (USC) furnaces, preferred for high selectivity and low-cost; and Heat-Integrated Rectifier System, preferred for energy efficient ethylene recovery.
TechnipFMC is executing the project in a consortium with SK Engineering & Construction Co., Ltd. of South Korea. TechnipFMC is the leader of the consortium and, as a global company, will execute all engineering, as well as the procurement of critical equipment from its operating centers located in Houston, Rome, Italy and Kuala Lumpur, Malaysia.
The contract adds on to the remarkable list of TechnipFMC’s references of onshore achievements in Vietnam, in particular the country’s very first petroleum refinery, the Dung Quất Refinery and the Phu My Fertilizer Complex.