Primus Commissions FEED Study for New GTL Plant, Texas
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Primus Green Energy along with a global petrochemical company as a joint venture partner, has commissioned a front end engineering and design (FEED) study with IHI E&C International Corporation (IHI E&C) for a first of its kind natural gas-to-gasoline plant in Texas.
The proposed joint venture plant will be a scaled-up version of Primus’s demonstration plant in New Jersey, which has safely and successfully produced methanol and gasoline. Underpinning the project is Primus’s patented STG+™ technology, which has been validated through over 10,000 hours of operation. The Texas plant will consume 28 MMcf/d of natural gas and produce 2,800bbl/d of gasoline.
“Primus is pleased to join forces with a strategic, large partner with significant experience in natural gas derivatives. We expect to follow this first project with several others in North America and prospectively worldwide,” said Steven Murray, chief executive officer of Primus.
IHI E&C is an experienced contractor with directly relevant past projects in gas-to-liquids (GTL) and Steam Methane Reforming technology. “We are enthusiastic to participate in the much needed innovation to the gas value chain and look forward to working with such an accomplished team,” said Chris Celano, chief executive officer of IHI E&C.
Koch Modular Process Systems, a world leading supplier of modular plants to the chemical industry, has collaborated with Primus over the past number of years in the optimization of this technology.
“We are excited to be in a position to continue our working relationship with Primus,” said George Schlowsky, president of Koch Modular.
The FEED study is expected to conclude mid-2020.
“Primus’s strategy is to build practical environmental solutions for natural gas that is currently being flared or otherwise wasted. This project enables us to commercially demonstrate our technology, while opening the door for a range of future projects that support sustainability and zero routine flaring initiatives,” said Murray.
About Primus Green Energy Inc.
A global leader in gas monetization technology, Primus Green Energy™ delivers solutions based on its STG+™ technology. Headquartered in Houston, Texas with a commercial testing plant in Hillsborough, NJ, Primus has facilities for design, engineering, operator training, and remote operation, as well as R&D and catalyst development. Primus is committed to continually developing new solutions and applications – as well as to advancing the existing systems – in order to meet customers’ unique business needs. Primus Green Energy is majority owned by Kenon Holdings Ltd.
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