MOGAS Industries has secured a multimillion-dollar contract for the South Korean S-Oil Shaheen project, marking the first commercialisation of Thermal Crude to Chemicals (TC2C™) technology. This cutting-edge technology, licensed by Lummus Technology, converts whole crude and other refinery orphan streams into high value olefin and aromatic products. It includes one of the world’s largest steam crackers.
Following earlier successful projects with technology licensor Chevron Lummus Global (CLG), MOGAS will supply over ninety 2-inch through 14-inch, ASME 300–2500 Class severe service valves and actuation packages, which include multiple fast-acting, metal-seated emergency shutdown valves.
MOGAS CEO, Matt Mogas, expressed his pride in being part of Aramco’s largest investment into South Korea and being part of the first TC2C™ process plant. “This investment will make a positive impact on the global marketplace with clean heavy crude upgrading that supports the green economy,” he said.
The project has been tagged under the categories of Downstream news and Downstream contract news.
