Global Leader in International Petrochemical Industry News

posted in:

Maire Tecnimont

Tecnimont awarded EPC for LDPE plant at Ethylene XXI complex

Tuesday, Dec 04, 2012

Maire Tecnimont S.p.A. announces that its main subsidiary Tecnimont S.p.A. has been awarded by Etileno XXI Services B.V., an Engineering and Procurement contract on Lump Sum Basis for the realization of a 300 Kilo-Tons per year Low-Density Polyethylene (LDPE) Unit, to be constructed within the Etileno XXI petrochemical complex.

The Etileno XXI Project under development by Braskem Idesa is located in Nanchital, Veracruz (Mexico). It is expected to generate over 8,000 jobs during the construction and 3,000 direct and indirect jobs once operations begin in 2015. Likewise, the project supports the Mexican government’s strategy to boost competitiveness of the sector and the industrial and regional development.

The LDPE Unit will be built using the Lupotech T technology of Lyondellbasell industries and the value of the EP Contract is USD191.4 million (approximately €147 million). The Engineering and Procurement activities shall be completed within 4Q 2014.

This award further strengthens the position of the Maire Tecnimont Group in the polyolefins market and extends the historical collaboration in projects managed by Braskem on petrochemical projects. This contract confirms Group’s growth strategy towards technology-driven business while maximizing Engineering & Procurement scheme.


Source: Maire Tecnimont

posted in:

Other Petrochemical News

First facility in the world using new advanced bioenergy technology to convert waste to renewable fuel and electricity 17-04-2014
INEOS Europe AG announces a new agreement with CONSOL Energy for the purchase of ethane from the USA for offtake to Europe 17-04-2014
AEI Introduced new Ceramifiable technology for Fire Survival Cables at Wire 2014. 15-04-2014
60 Years since first production at Angarsk Refinery 15-04-2014
Owl Computing Technologies deploys first Perimeter Defense Solution for Saudi Arabian petrochemical industry 15-04-2014
Linde nitrogen liquefier comes on-stream at Ohio air separation plant 11-04-2014
Syngenta in cellulosic fuel collaboration to increase ethanol plant productivity 11-04-2014
Global petrochemical prices fell 1% in March on Softer crude oil prices 03-04-2014
BP Bulwer Island Refinery Processing To Halt In 2015 02-04-2014
Air Products to supply nitrogen to Singapore Government's Jurong Rock Caverns 01-04-2014