 "Technip bags contract for PTTGC's ethylene cracker project in US")
French EPC company Technip on October 28 2015 entered into a contract to supply its proprietary ethylene technology and PDP (process design package) to PTTGC America LLC, a subsidiary of PTT Global Chemical, Thailand’s largest integrated petrochemical and refining company, for a 1,000 KTA grassroots ethane cracker to be located in Belmont County, Ohio, USA.
The plant, which will use low cost ethane from the region’s shale deposits, will be part of a major shale-based petrochemical complex to be built by PTTGCA, which is expected to make a final investment decision in 2016 or 2017.
Key technology components include Technip’s proprietary USC furnaces preferred for high-capacity, low-cost gas cracking capabilities as well as Technip’s well-established ethylene recovery system.
Stan Knez, president, Technip Stone & Webster Process Technology, said, “As the largest ethylene licensor and contractor, Technip is pleased to bring its proven ethane cracking and process technologies and experience to this cracker, which is part of PTTGCA’s first world-scale petrochemical complex outside of Thailand.”
Previously, Technip provided technology and engineering for PTT Global Chemical’s 500 KTA ethylene plant in Map Ta Phut, Thailand, which began operations in 1994.
The plant, which will use low cost ethane from the region’s shale deposits, will be part of a major shale-based petrochemical complex to be built by PTTGCA, which is expected to make a final investment decision in 2016 or 2017.
Key technology components include Technip’s proprietary USC furnaces preferred for high-capacity, low-cost gas cracking capabilities as well as Technip’s well-established ethylene recovery system.
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Previously, Technip provided technology and engineering for PTT Global Chemical’s 500 KTA ethylene plant in Map Ta Phut, Thailand, which began operations in 1994.