Technip was awarded a contract by CTCI Corporation, Taiwan’s largest engineering, procurement and construction (EPC) firm, to provide basic engineering and proprietary equipment for a grassroots ethylene cracking furnace at the Saudi Kayan petrochemical complex in Jubail, Saudi Arabia. The furnace design will be based on Technip’s proprietary USC furnace technology.
Technip’s operating center in Milton Keynes, UK, will execute the project, which is scheduled for completion in 2017.
Stan Knez, president, Technip Stone & Webster Process Technology, commented, “As the largest ethylene licensor and contractor, Technip is pleased that our USC furnace technology was selected for this important ethylene expansion project. The technology has an outstanding track record with more than 60 installations for gas cracking in the last decade.”
Saudi Kayan Petrochemical Company is an affiliate of Sabic, a public company based in Riyadh, Saudi Arabia, with 70 percent of the company shares owned by the Saudi Arabian government and 30 percent held by private investors.
