Shaw Awarded Contract to Revamp Residue Fluid Catalytic Cracking Unit in Thailand

Tuesday, Feb 07, 2012

The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a contract to provide the technology license and process design package for the revamp of a residue fluid catalytic cracking (RFCC) unit for Star Petroleum Refining Company in Map Ta Phut, Thailand. The design will upgrade the 40,800 barrels per day (bpd) RFCC unit by incorporating the latest advances in reactor system technology.

“Shaw was the original licensor of this RFCC unit, which first started-up in 1996”

“Shaw was the original licensor of this RFCC unit, which first started-up in 1996,” said James Glass, president of Shaw’s Energy & Chemicals Group. “We are now upgrading the unit to incorporate the latest technology features and improve performance and profitability.”

Shaw jointly developed the proprietary RFCCU technology through an alliance with Axens and Total that began in the early 1990s. To date, Shaw and Axens have licensed 51 grassroots units and performed more than 200 revamp projects.

The undisclosed value of the contract was included in Shaw’s Energy & Chemicals segment’s backlog of unfilled orders in the first quarter of fiscal year 2012.

The Shaw Group Inc. (NYSE: SHAW) is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2011 annual revenues of $5.9 billion, Shaw has approximately 27,000 employees around the world and is a power sector industry leader according to Engineering News-Record’s list of Top 500 Design Firms. For more information, please visit Shaw’s website at www.shawgrp.com.

Source: Business Wire