L&T Hydrocarbon signs MoU with KBR for Refinery and Petrochemical Projects
Mumbai/UNI: L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed a memorandum of understanding with KBR to build Modular Process Plants for refinery and petrochemical projects.
Under the terms of the agreement, KBR and LTHE will collaborate to develop business opportunities and LTHE will exclusively bid for KBR's solid acid alkylation technology , solvent de-asphalting technology and catalytic olefins technology for global projects with special emphasis on India, South East Asia, Middle East and Africa.
Mr Subramanian Sarma, MD & CEO of LTHE said, "L&T has a proven track record of over 25 years in the refinery and petrochemical sector. Through this MoU with KBR, LTHE will combine its best-in-class engineering, world class modular fabrication facilities and core strength of project management and construction to offer safe, reliable, and optimized solutions to our customers."
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