McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by PT Chandra Asri Perkasa for the detailed engineering of 8 proprietary SRT (Short Residence Time) ethylene cracking heaters at the Chandra Asri Perkasa (CAP2) ethylene plant in Cilegon, Indonesia. The unit will utilize Lummus Technology's SRT (Short Residence Time) pyrolysis heater technology to produce 1,100 KTA of ethylene and 600 KTA of propylene. This award follows the company's announcement in April 2018of a contract for the license and basic engineering of the ethylene plant at this facility.

"Lummus Technology's SRT heaters allow for higher yields and plant reliability while reducing emissions and operating costs," said Daniel M. McCarthy, Executive Vice President of McDermott's Lummus Technology business. "Once complete, this complex will be one of the largest in Indonesia, helping to satisfy the country's growing demand for petrochemical products."

McDermott's Lummus Technology is a leading licensor of proprietary petrochemicals, refining, gasification and gas processing technologies, and a supplier of proprietary catalysts and related engineering. With a heritage spanning more than 100 years, encompassing approximately 3,100 patents and patent applications, Lummus Technology provides one of the industry's most diversified technology portfolios to the hydrocarbon processing sector.

This award will be reflected in McDermott's fourth quarter 2018 backlog.

*McDermott defines a sizeable contract as between USD $1 million and USD $50 million.

About McDermott 

McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. It is called the "One McDermott Way." Operating in over 54 countries, McDermott's locally focused and globally-integrated resources include approximately 40,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.