CB&I and Clariant Secure Propane Dehydrogenation Unit Deal in China

CB&I and Clariant have been awarded the contract by Dongguan Grand Resource Science and Technology, to establish a propane dehydrogenation unit in China.

CHINA: Dongguan Grand Resource Science and Technology has awarded Clariant and CB&I a contract to establish a propane dehydrogenation unit which would be constructed in Dongguan city of Guangdong Province in China. The Dongguan plant would utilize the Catofin® catalytic dehydrogenation technology developed by CB&I, and heat generating material (HGM) and Catofin catalyst developed by Clariant. The heat generating material and Catofin catalyst would provide significant commercial opportunities and lower the emissions. Additionally, the use of HGM would accelerate the selectivity and yield of Catofin during the process.

TechSci Research depicts that the collaboration between Clariant and CB&I to set up a propane dehydrogenation unit in China would provide flexibility in production and ensure regular supply of propane to the customers. Additionally, increasing production of propane would provide steady raw materials to the propylene industry.

According to the recently published report by TechSci Research, “Global Propylene Market By Application, By Region, Competition Forecast and Opportunities, 2011 – 2025”, the global propylene market is forecast to grow at a CAGR around 6% during 2016-2025, on account of growing industrialization and rising demand for demand for eco-friendly paints across commercial and residential set ups. Additionally, announcements of various emerging OPT plants for propylene coupled with smooth trading practices between countries is boosting global propylene market. Furthermore, polypropylene is projected to dominate global propylene market, on account of increasing government regulations for reducing greenhouse gas emissions in environment supported by tremendous growth in the production of light commercial vehicles and packaging industries.