Braskem Idesa S.A.P.I. awards JV contract for Ethylene XXI project

Braskem Idesa S.A.P.I. awarded to a joint venture formed by Odebrecht (40%), Technip (40%) and ICA Fluor (20%) a contract worth more than US$ 2.7 billion (approximately € 2.1 billion) for the engineering, procurement and construction (EPC) of a petrochemical complex to be built in the Coatzacoalcos/Nanchital region, in the Mexican state of Veracruz.

The petrochemical complex will include the following facilities:

• An ethane-based ethylene cracker, producing 1 million tpy, using Technip proprietary technology.
• Two high density polyethylene plants using INEOS Innovene technology.
• A low density polyethylene plant using BASEL Lupotech technology.
• Storage, waste treatment and utility facilities, including a 150 MW combined cycle power and steam co-generation plant.
• A multimodal logistics platform for shipment of 1 million tpy of polyethylene via bulk train, bulk truck or bagged.
• Administrative, maintenance, control room and ancillary buildings.

The project is scheduled for completion, with the plant ready for start up, in June 2015.

Adapted from press release by Peter Farrell.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/05102012/braskem-idesa-s-a-p-i-awards-jv-contract-for-ethylene-xxi-project-249/