Media

Technip, Odebrecht, ICA Fluor JV bags Braskem Idesa EPC contract

11:27 AM, 8th October 2012
Technip, Odebrecht, ICA Fluor JV bags Braskem Idesa EPC contract
Thierry Pilenko, Chairman and Chief Executing Officer, Technip.

PARIS, FRANCE: Braskem Idesa S A P I awarded to a joint venture formed by Odebrecht (40 per cent), Technip (40 per cent) and ICA Fluor (20 per cent) a contract worth more than $ 2.7 billion (around €2.1 billion) for the engineering, procurement and construction (EPC) of a petrochemical complex to be built in the Coatzacoalcos/Nanchital region, in the Mexican state of Veracruz.

The JV project team will execute the contract in several operating centres mainly located in Nanchital and Mexico City (Mexico), Rome (Italy), Lyon (France) and Rotterdam (The Netherlands). The project is scheduled for completion, with the plant ready for start up, in June 2015.

This award follows the successful execution of the front-end engineering design of the ethylene, HDPE and utilities contracts awarded to Technip in the first quarter of 2011 and the front end engineering of the offsites facilities executed by Odebrecht and ICA Fluor during 2011.

“The Ethylene XXI cracker will be the most modern and efficient in operation in the Americas and will use Technip’s state-of-the-art technology. We are leveraging our relationship with Odebrecht in Brazil and our technology portfolio, which has been recently expanded with the acquisition of Stone & Webster process technologies and associated oil and gas engineering capabilities, to accompany Braskem in its international development,” said Thierry Pilenko, Chairman and Chief Executing Officer, Technip.

The petrochemical complex will include the following facilities:

• An ethane-based ethylene cracker, producing 1 million tonne per year, using Technip’s proprietary technology

• Two high density polyethylene plants using Ineos Innovene technology

• A low density polyethylene plant using Basel Lupotech technology

• Storage, waste treatment and utility facilities, including a 150 MW combined cycle power and steam co-generation plant

• A multimodal logistics platform for shipment of 1 million tonne per year of polyethylene via bulk train, bulk truck or bagged

• Administrative, maintenance, control room and ancillary buildings

© WOC News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


UPM, Renmatix to collaborate for biochemicals

HELSINKI, FINLAND: UPM and Renmatix Inc have entered into a non-exclusive joint development agreement in the area of biochemicals. Both companies will ...

Read more
Pioneer Natural Resources to close transaction with Sinochem Petroleum US

DALLAS, US: Pioneer Natural Resources Company has closed its previously announced transaction with Sinochem Petroleum USA LLC, a US subsidiary of the ...

Read more
US, China to phase out consumption, production of hydrofluorocarbons

WASHINGTON, US: The United States and China, the world’s top two greenhouse-gas emitters, have agreed to work together and with other countries ...

Read more
Ineos to close expandable polystyrene production in Marl, Germany

ROLLE, SWITZERLAND: Ineos has announced its intention to close production of expandable polystyrene (EPS) at its Marl site in Germany. Discussions wil ...

Read more
Asahi Kasei acquires DuPont’s share in polyacetal joint venture in China

TOKYO, JAPAN: Asahi Kasei Chemicals and DuPont China Holdings Co Ltd have agreed to a share transfer under which the Asahi Kasei Group will obtain ful ...

Read more
Cardia Bioplastics, University of Sydney collaborate for PPC polymers

VICTORIA, AUSTRALIA: Cardia Bioplastics and biomolecular engineers at the University of Sydney are creating cleaner, more cost-effective polypropylene ...

Read more
Copyright © 2014. Kimberlite Softwares Pvt. Ltd., India. All rights reserved.
World of Chemicals.