KBR Announces Valero's Successful MTBE to Iso-octene Conversion Project
April 03 2008 - 4:23PM
Business Wire
KBR (NYSE:KBR) today announced the completion of a methyl tertiary
butyl ether (MTBE) to Iso-octene conversion project at Valero�s
Corpus Christi, Texas refinery. The conversion project is based on
the NExOCTANE� process, developed by Neste Oil Corporation of
Finland and licensed exclusively in the Americas through KBR. The
process selectively converts isobutylene to iso-octene or
optionally iso-octane, which are high octane, high quality gasoline
blendstocks that also offer benefits in addressing challenges with
ethanol blending. The process is especially attractive for refiners
wishing to discontinue MTBE production since much of the MTBE unit
can be utilized in the conversion to a NExOCTANE plant. The Energy
Policy Act of 2005 eliminated the use of MTBE in US gasoline making
the conversion a priority for Valero. �This project represents the
fourth application of the NExOCTANE technology and further
demonstrates KBR�s capabilities in the petrochemicals and refining
technology markets,� said Tim Challand, President of KBR�s
Technology Business Unit. �Our partnership with Neste Oil provides
KBR the opportunity to offer the NExOCTANE technology among its
slate of third party technology offerings to complement our own
suite of technologies.� KBR is a global engineering, construction
and services company supporting the energy, petrochemicals,
government services and civil infrastructure sectors. The company
offers a wide range of services through its Downstream, Government
and Infrastructure, Services, Technology, Upstream and Ventures
business segments. For more information, visit www.kbr.com.
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