SK Energy contracts Chevron Lummus Global for LSFO refining tech
South Korean oil company SK Energy will be obtaining a license from Chevron Lummus Global (CLG), a joint venture between Chevron U.S.A. Inc. and McDermott, to use its Vacuum Residue Desulfurization (VRDS) technology for the company’s grassroots facility in Ulsan, South Korea.
SK will use this technology to produce Low Sulphur Fuel Oil (LSFO) to meet 2020 International Maritime Organization (IMO) clean fuel requirements, said CLG on Thursday (8 August).
This award is part of an ongoing relationship that CLG has with SK Energy Co., Ltd to process heavy residuum refinery streams and follows other similar projects such as VRDS unit 1, and both RDS units 1 and 2, one of which was also revamped for added capacity and flexibility.
“This award reinforces CLG’s position as a key contributor in the clean fuels and lubricants space,” said Ujjal Mukherjee, CLG’s Managing Director.
“This unit will allow the customer to process cheaper residual fuel oil and produce high value products including diesel and naphtha.”
CLG is a process technology licensor for refining hydroprocessing technologies and alternative source fuels, as well as a global leader in catalyst system supply.
Its association with SK at Ulsan includes these residuum upgrading units, three lubes hydroprocessing plants, a heavy oil hydrotreater and through its exclusive arrangement with Advanced Refining Technologies (ART), and the supply of catalysts to multiple hydroprocessing units.
Published: 13 August, 2019
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