Engineering and construction giant Larsen & Toubro (L&T) has inked pact with KBR to build modular process plants for refinery and petrochemical projects. The memorandum of understanding (MoU) has been signed by L&T arm L&T Hydrocarbon Engineering. L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed an MoU with KBR to build Modular Process Plants for refinery and petrochemical projects, as per reports. 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 (K-SAATTM), solvent de-asphalting technology (ROSE) and catalytic olefins technology (K-COTTM) for global projects with special emphasis on India, South East Asia, Middle East and Africa, added reports.
Subramanian Sarma, MD & CEO, LTHE reportedly conveyed that, “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.” Organised under offshore, onshore, construction services, modular fabrication and AdVENT (Advanced Value Engineering & Technology) verticals, LTHE delivers design to build engineering and construction solutions across the hydrocarbon spectrum. Larsen & Toubro is an Indian multinational firm engaged in technology, engineering, construction, manufacturing and financial services with over $21 billion in revenue.