US chem engineer CB&I to acquire Phillips 66 syngas technology
21 March 2013 12:15 [Source: ICIS news]
HOUSTON (ICIS)--?xml:namespace>US chemical engineering firm CB&I has agreed to acquire Phillips 66’s technology to convert coal or petroleum coke (petcoke) into syngas, it said on Thursday.
The Phillips 66’s technology – called E-Gas – produces syngas which can be used for power generation or in downstream methanol-related chemicals production, CB&I said.
“We look forward to adding the E-Gas technology to our portfolio, which will mark our entry into the syngas value chain,” said Daniel McCarthy, president of CB&I’s technology group.
“It also will bring added synergy to our delayed coking technology offering for integrated power generation, and other options to the refining and power industries,” McCarthy added.
Financial details were not disclosed.By: Stefan Baumgarten+1 713 525 2653
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