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McDermott Awarded Technology Contract by Naftna Industrija Srbije in Serbia

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Tuesday, December 17, 2019

HOUSTON, Dec. 17, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by Naftna Industrija Srbije(NIS) for the modernization of its existing Fluid Catalytic Cracking (FCC) unit to be implemented at their refinery in Pancevo, Serbia.

Key Points: 
  • HOUSTON, Dec. 17, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by Naftna Industrija Srbije(NIS) for the modernization of its existing Fluid Catalytic Cracking (FCC) unit to be implemented at their refinery in Pancevo, Serbia.
  • "We are extremely pleased that NIS has again selected Lummus Technology to upgrade their refinery," said Leon de Bruyn, Senior Vice President of Lummus Technology.
  • "This award represents the first license of the Indmax FCC technology in Europe, demonstrating the increasing interest in Indmax FCC globally.
  • Previously, NIS has also selected the hydrocracking technology from Lummus Technology's joint venture, Chevron Lummus Global (CLG), as well as, more recently, Lummus Technology's delayed coking technology.