Lummus Technology Awards MOGAS Industries $2.5 Million Contract for World’s Largest Steam Cracker in South Korea

Lummus Technology has awarded MOGAS Industries a multimillion-dollar contract for the South Korean S-Oil Shaheen project to commercialize Thermal Crude to Chemicals (TC2C™) technology. This innovative technology converts whole crude and other refinery orphan streams into high-value olefin and aromatic products. The project includes one of the world’s largest steam crackers.

MOGAS Industries has previously been successful in ebullated bed hydrocracking with technology licensor Chevron Lummus Global (CLG). For this project, MOGAS will provide over ninety severe service valves and actuation packages, including multiple fast-acting, metal-seated emergency shutdown valves. CEO Matt Mogas expressed pride in being a part of Aramco’s significant investment in South Korea and the first TC2C™ process plant. This investment is expected to positively impact the global marketplace by supporting clean heavy crude upgrading that aligns with the green economy.

This article falls under the categories of Downstream news and Downstream contract news.