ICA Fluor Signs US$134m Contract

ICA Fluor and Empresas ICA Sociedad Controladora have signed a US$134m contract for engineering, procurement, construction and contraction and start-up support services for a modular cryogenic plant and a fuel terminal for Pemex Gas y Petroquimica Basica.

The consortium formed by ICA Fluor and Linde Process Plants Inc. will develop the project, which is scheduled to be completed in approximately 20 months. Pemex Gas y Petroquimica Basica is a subsidiary of Pemex, the Mexican state-owned petroleum company.

Located in Reynosa, Tamaulipas, Mexico, the cryogenic plant, which will have a 200 million standard cubic feet-per-day capacity, 98 percent propane recovery, will cool feed gas so that liquid hydrocarbons can be separated and recovered.