ABB said has signed an order for approximately USD 200 million with Shanghai SECCO Petrochemical Company for part of a new USD 2.7 billion petrochemical complex in China. The petrochemical complex near Shanghai is scheduled to start operations in the first half of 2005. ABB will provide process technologies and engineering and procurement services for a 900,000 metric tons per annum (MTA) naphtha cracker and an olefins conversion unit to produce 590,000 MTA of propylene.
ABB’s contribution in the SECCO project includes a newway of making propylene, which cuts energy consumption and reduces greenhouse gas emissions. It is the first time this technology is being used in China.
The engineering and procurement services will involve partnerships of ABB Lummus Global with Sinopec Engineering Inc. (SEI).
The Shanghai SECCO Petrochemical Company Ltd. is a joint venture owned by BP Chemical, Sinopec and Shanghai Petrochemical Corporation.
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