Residue upgrading complex project, South Korea

3rd June 2016 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Residue upgrading complex project, South Korea

Name and Location
Residue upgrading complex project (RUCP), South Korea.

Client
S-Oil.

Project Description
The RUCP aims to reduce fuel oil production, while producing propylene through the conversion of atmospheric residue.

The project will include the world’s first commercial high-severity fluid catalytic cracking (HS-FCC) unit.
HS-FCC is an advanced technology, developed by a consortium comprising Saudi Aramco, JX Nippon Oil & Energy Corp and the King Fahd University of Petroleum and Minerals. The technology is licensed by Axens and Technip Stone & Webster and produces higher yields of propylene and other light valuable products than conventional fluidised catalytic cracking units.

The project includes:

Value
Not stated.

Duration
Not stated.

Latest Developments
Technip has been awarded a contract by engineering, procurement and construc-tion contractor Daelim Industrial Company to provide proprietary equipment for the HS-FCC unit. The proprietary equipment provided will include an innovative downflow reactor, the key component of the HS-FCC technology.

Key Contracts and Suppliers
Axen (technology), Daelim Industrial Company (design contract), Technip (proprietary equipment).

On Budget and on Time?
Not stated.

Contact Details for Project Information
S-Oil, tel +82 237725151.
Axen, tel +33 1 47 14 21 00 or fax +33 1 47 14 25 00.
Daelim Industrial Company, tel +82 2 2011 7114 or fax +82 2 2011 8000.