A contract secured by Chevron Lummus Global (CLG) for a Southeast Asian refiner’s “Lubricant Base Oil Group II Project” to be built in the region. CLG is a joint venture between Chevron and McDermott International, Inc.
The license, engineering and supply of proprietary catalyst and equipment from CLG covered in the contract, McDermott stated.
To meet growing regional demand for premium lube base oils, McDermott noted the client’s new 5,200-barrel-per-day unit will use CLG lubricant base oil technologies. Group I lube base oils currently produced by the refinery.
The contract was signed in Q1 2020. The contract, according to McDermott, ranges in value from $1 million to $50 million.
