Aramco signs deal to advance crude-to-chemicals technology

摘要

Saudi Aramco has signed a joint development and collaboration agreement (JDCA) with Axens SA and TechnipFMC PLC to accelerate development and commercialization of subsidiary Saudi Aramco Technologies Co.'s catalytic crude-to-chemicals (CC2C) technology. With the potential to increase the efficiency and yield of chemicals production by converting more than 60% of a barrel of crude directly into petrochemicals, the CC2C technology will enable elimination of several energy-intensive processes to create high-value product streams that produce larger quantities of chemicals while generating less emissions, Aramco said.