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Related Keywords: awarded technology licensing, basic engineering design, ethylene plant in Daesan, expand ethylene capacity, KBR Inc, KBR will provide LBED services, LBED, LG Chem, product recovery system modification, revamp contract, through addition of two new SCORTEM

KBR, Inc has been awarded a technology licensing and basic engineering design (LBED) revamp contract by LG Chem for its ethylene plant in Daesan, South Korea. Under the terms of contract, KBR will provide LBED services to expand the plant's ethylene capacity by 230,000 tons per year to a total of 1,270,000 tons per year through the addition of two new SCORTEM SC-1 proprietary furnaces and product recovery system modifications.

Related Keywords: LG Chem, to invest US$ 253 million in South Korea

LG Chem plans to invest US$253 million over the next three years to raise the ethylene production capacity of its naphtha cracking center by 230,000 tons.

The ethylene production capacity of LG Chem’s naphtha plant in Daesan of South Chungcheong Province will increase to 1.27 million tons, the largest production in the world as a single production facility.

LG Chem’s expanded Daesan plant, together with an additional naphtha cracking center based in Yeosu, will push up LG Chem’s net ethylene production capabilities to 2.43 million tons, the biggest in Korea.