Technip awarded a significant technology and EPC contract by CHS for a hydrogen plant in Montana, USA
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded a
significant(1) contract by CHS Inc.(2) to provide
proprietary technology and EPC(3) for a 40 thousand normal
cubic meters per hour grassroots hydrogen plant at the CHS Refinery in
Laurel, Montana, USA.
The plant is part of the company’s ongoing upgrades to boost efficiency,
increase diesel production and process additional crudes at its refinery.
The design will utilize Technip's high efficiency top-fired steam
reforming technology to produce high purity hydrogen and export steam as
well as the latest nitrogen oxide reduction technology to ensure minimum
Technip’s operating center in Claremont, California, USA, will execute
the project, which is scheduled for completion in 2017.
Stan Knez, President, Technip Stone & Webster Process Technology,
commented: "With this key hydrogen project, we are pleased to
continue our long-term relationship with CHS. The award reinforces
Technip’s strategic focus on early involvement in projects with our
steam reforming technology as a key differentiator.”
Previously, Technip provided a steam reformer and a parallel reformer
for the CHS Refinery in Laurel, Montana, USA. Technip also completed two
hydrogen projects for the CHS Refinery in McPherson, Kansas, USA.
(1) For Technip, a “significant” onshore contract is ranging
from €50 to €100 million.
(2) CHS is a leading global
agribusiness owned by farmers, ranchers and cooperatives across the
United States. A Fortune 100 company, CHS supplies energy, crop
nutrients, grain marketing services, animal feed, food and food
ingredients, along with business solutions including insurance,
financial and risk management services. The company operates petroleum
refineries/pipelines and manufactures, markets and distributes Cenex®
brand refined fuels, lubricants, propane and renewable energy products.
Engineering, Procurement and Construction
About onshore products
Hydrogen: hydrogen is widely used in petroleum refining
processes to remove impurities found in crude oil such as
sulfur, olefins and aromatics to meet the product fuels
specifications. Removing these components allows gasoline and
diesel to burn cleaner and thus makes hydrogen a critical
component in the production of cleaner fuels needed by modern,
efficient internal combustion engines.
Reformer: a reformer (also called steam reformer or steam
methane reformer) is a widely used industrial processing device
in which a fossil fuel reacts with steam at high temperatures in
the presence of a catalyst to produce hydrogen.
Learn more on Technip’s Hydrogen Technology :
Technip is a world leader in project management, engineering and
construction for the energy industry.
From the deepest Subsea oil & gas developments to the largest and most
complex Offshore and Onshore infrastructures, our 36,000 people are
constantly offering the best solutions and most innovative technologies
to meet the world’s energy challenges.
Present in 48 countries, Technip has state-of-the-art industrial assets
on all continents and operates a fleet of specialized vessels for
pipeline installation and subsea construction.
Technip shares are listed on the Euronext Paris exchange and traded in
the USA on the OTCQX marketplace (OTCQX: TKPPY) as American Depositary
View source version on businesswire.com: http://www.businesswire.com/news/home/20151111005115/en/
Copyright Business Wire 2015
Source: Business Wire
(November 12, 2015 - 1:00 AM EST)
News by QuoteMedia