McDermott International, Inc. announced that it has been awarded a sizeable technology contract by Advanced Global Investment Company. McDermott's Lummus Technology will provide the license and basic engineering package of a C3 CATOFIN unit at its new grassroots petrochemical complex in Jubail, Kingdom of Saudi Arabia. The unit will have a propylene production capacity of 843,000 metric tons per annum. This is APC's second CATOFIN unit in their portfolio, having previously licensed the technology for their first unit in 2003—also in Jubail, KSA. The CATOFIN process operates at optimized reactor pressure and temperature to maximize propylene yield. This plant will utilize Clariant's latest generation CATOFIN catalyst system, including the company's patented metal-oxide Heat Generating Material (HGM) to deliver maximized selectivity at high conversion rates and long run lengths.