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February 14, 2012
KBR awarded VCC license and basic-engineering package for a refinery in Russia
KBR (Houston; www.kbr.com) was awarded a contract by TAIF Group to provide licensing and engineering services for the Veba Combi Cracker (VCC) to be implemented at the Nizhnikamsk petroleum refinery in the Republic of Tatarstan, Russia.
Under the terms of the contract, KBR will provide the License, Basic Engineering Package (LBEP), and other services for TAIF’s VCC-based Deep Conversion Complex. The complex will process 2.7 million ton/yr of refinery vacuum residues, and 1.6 million ton/yr of distillates into high value petrochemical feedstocks and Euro 5 diesel. This award marks the third VCC license, and KBR’s largest VCC project award since the acquisition of the rights to the technology in January 2010.
TAIF (www.en.taif.ru) is a privately held, large production and investment company comprising of 67 subsidiaries and affiliates operating in the oil and gas processing, refining, petrochemicals, telecommunication, building and construction, banking and investments, and service sectors.