Aker Kvaerner Selected for Purified Terephthalic Acid Project

Aker Kvaerner has been selected for the basic and detailed engineering design and for the provision of offshore procurement services for PetroquímicaSuape's new Purified Terephthalic Acid (PTA) plant, to be built at the Port of Suape, Pernambuco, in North East Brazil. Aker Kvaerner has signed an Early Works Contract with PetroquímicaSuape for the development of Purchase Orders for the long delivery equipment items and technical advisory services.

"Aker Kvaerner is proud to have won this important contract with PetroquímicaSuape," said Wim van der Zande, President of AK Process, Aker Kvaerner's process business. "We are the most experienced contractor in the execution of PTA projects utilising the INVISTA technology and this important project furthers our strategy of developing business in Brazil and Latin America."

PetroquímicaSuape's Director Superintendente, Mr Richard Ward, said, "Aker Kvaerner's considerable experience supports our goal for a successful and timely project delivery."

The new plant will produce 640 000 tpa of PTA. The project commences immediately, and start-up of the new plant is scheduled for the end of 2009. The project will utilise advanced and proven PTA technology from INVISTA.

Aker Kvaerner has worked on more than 21 PTA facilities spanning more than 20 years. Currently, that represents around 20 per cent of the world's PTA production capacity.

PTA is the preferred raw material for polyester, first introduced in 1951. Today, PTA is used globally as a key ingredient in the manufacture of polyester fibres, resins and films and in the manufacture of PET.

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Posted 17/04/07

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