Technip and Innovene Awarded Petrochina Contract

Technip, in association with Innovene as licensor, has been awarded a contract by Petrochina International for two lines of polypropylene (*) for Petrochina Dushanzi Petrochemical Company's new complex in the Xinjiang Province, China.

The contract, worth over US$50 million for Technip, covers the basic and front-end engineering, the procurement of key equipment and material and the technical assistance for construction and commissioning.

The facility will be designed based on Innovene technologies to produce 550,000 tons/year of polypropylene.

The contract will be carried out by Technip's operations and engineering centre (OEC) in Kuala Lumpur (Malaysia) with the support of the Lyon OEC (France).

The plant is scheduled for completion at the end of 2007 for a commissioning in early 2008.

(*) Due to its exceptional shock resistant properties, polypropylene is a plastic used in a wide range of industries including automobile parts, household goods, fibers and films.

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Posted 08/12/05

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