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China,United States : KBRs PCMAX Technology Selected by PMSM for Two Polycarbonate Projects in China
Publish Date : 08-Aug-2018
KBR, Inc. announced that it has been awarded a license and engineering and a proprietary equipment supply contract by China Pingmei Shenma Group (PMSM) to build two new polycarbonate plants in Kaifeng and Pingdingshan in the Henan Province in China.
Under the terms of the contracts, both 100,000 metric tonnes per annum plants will utilize KBR's proprietary phosgene-based interfacial polycarbonate technology PCMAXTM. As part of its overall polycarbonate strategy, PMSM intends to expand its total production capacity to 800,000 metric tonnes per annum. KBR's unique PCMAXTM technology produces a wide range of high quality polycarbonate product grades with minimal capital investment.
"KBR is a world-leading technology licensor," said Yang Jianguo, General Manager of PMSM. "The polycarbonate project using KBR's advanced PCMAXTM technology is the largest technology import project for PMSM in recent years. This project supports China's requirement for advanced and high-quality developments as well as PMSM's corporate vision of industrial transformation and upgrading."
"KBR is excited to be part of this major investment project. Growing demand for polycarbonate products in China presents an attractive opportunity for PMSM," said John Derbyshire, President, KBR Technology. "KBR's superior PCMAXTM technology will empower PMSM to be a market leader in the polycarbonate business."
KBR globally licenses and designs polycarbonate synthesis and compounding plants as well as complementary phenolic technologies, including phenol/acetone, and bisphenol-A (BPA). KBR's integrated phenolicsoffering provides advantages in raw material, utility, OPEX and maintenance costs. Estimated revenue associated with this project was booked into backlog of unfilled orders for KBR's Technology Business Segment in the second quarter of 2018.
