Lurgi wins new contracts worth almost EUR 80 million
Lurgi AG, a subsidiary of the GEA Group, won new orders worth a total of almost EUR 80 million in December 2005. "Our focus on innovative technologies in rapidly growing markets is increasingly having a positive impact on our volume of new orders. The continued strong demand will also enable us to substantially improve our earnings", stressed Klaus Moll, the Executive Board member responsible for the GEA Group's plant engineering operations.
The new contracts comprise one order to construct a methanol plant with a connected propylene production facility in China, four orders to build biodiesel plants in Europe and Malaysia, and one order for a synthesis-gas plant in Canada.
The order from China to build a methanol plant with a connected facility to process the methanol into propylene, a base product for plastics, represents a technological milestone for Lurgi. This facility will be the first to use the methanol-to-propylene (MTP) process developed by Lurgi on an industrial scale. This process enables propylene to be produced economically and efficiently from methanol. The new plant will produce methanol from gas, which in turn is extracted from coal. Traditionally, propylene has mainly been produced from oil.
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