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Source: www.gulfoilandgas.com 5/16/2012, Location: Asia
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WorleyParsons has been awarded the engineering, procurement and construction management (EPCM) services contract for the delivery of acrylic chemicals projects for BASF.
The projects include the design and construction of acrylic acid and super absorbent polymer plants to be located in Eastern China and Northern Brazil. WorleyParsons’ scope of work will be delivered from its Beijing office with support from WorleyParsons’ office in Sao Paulo, Brazil.
The contract revenue to WorleyParsons is estimated to be US$80 million and the contract is scheduled to be completed in late 2014.
John Grill, Chief Executive Officer of WorleyParsons, commented: "We are very pleased to have been awarded this significant opportunity to further develop our relationship with BASF. The projects represent an important investment by BASF and we are delighted to be working with them in their delivery."
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