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Technip Signs Contract for Major Ethylene Plant in Kuwait

Source: www.gulfoilandgas.com 12/15/2005, Location: Middle East

Technip has signed a contract for the construction of an ethylene plant at The Kuwait Olefins Companyís (TKOC) new Olefins-2 Petrochemical Complex in Shuaiba, Kuwait. This contract covers the detail engineering, procurement and supply of equipment and materials, construction and pre-commissioning and follows the signing in June 2005 of a memorandum of understanding between Technip and TKOC, a joint venture between The Dow Chemical Company (Dow), Petrochemical Industries Company, Kuwait (PIC) and Kuwaiti Private Companies.

The plant, with a planned production capacity of 850,000 mt/year, will play an important role in Kuwaitís program to significantly increase the countryís ethylene derivatives production by 2008.

Technipís operations and engineering center in Rome ( Italy) will execute the contract. The project is scheduled to be completed early 2008.

The plant will be based on Technipís in-house technology. The basic engineering for the proprietary SMK cracking furnaces, as well as the front-end design for the recovery section have already been provided by Technipís operations and engineering center in Claremont, California.

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