SPCC Joint Venture, a joint venture between Saipem S.A. and CTCI Corporation, which is responsible for the building the PTT LNG Nong Fab LNG Receiving Terminal Project in Thailand, awarded a contract to Aspen Aerogels to supply insulation.
Aspen will provide 35 to 40 million dollars of Cryogel®Z for use in the construction of the Nong Fab Terminal. Deliveries are scheduled to run from Q2 2019 to Q4 2020. The terminal will feature two 250,000 cubic meter storage tanks, a 7.5 million ton per annum regasification facility, a trestle marine jetty, and an admin facility.
Don Young, President and CEO of Aspen, said, “We are proud to have been selected by PTT LNG to provide cutting edge thermal insulation to the Nong Fab Terminal. Cryogel®Z provides exceptional value to our LNG customers through an unmatched combination of performance advantages over alternative insulation materials. PTT LNG previously gained first-hand knowledge of the benefits of Cryogel®Z during the expansion of their Map Ta Phut LNG Receiving Terminal in 2017.”