Downstream industry contract news: 23 October 2014

Foster Wheeler

Foster Wheeler AG has announced that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement, and construction (EPC) contract by ExxonMobil Petroleum & Chemical BVBA (Esso) for the Antwerp Northwest Europe Resid Upgrade Project, revamp and offsite facilities at the Esso Antwerp Refinery in Antwerp, Belgium. Foster Wheeler’s contract value was not disclosed. A small initial release of work was included in the company’s first quarter 2014 bookings. The full release of work was included in the company’s second quarter 2014 bookings.

Roberto Penno, CEO, Foster Wheeler Global Engineering & Construction Group said, ‘after the successful completion by Foster Wheeler of the front end engineering design for this project and for the new delayed coking unit that will be built at the same facility, we are very pleased to have won this significant EPC contract for this challenging project. We look forward to providing ExxonMobil with our best experience and expertise, and adding another safe and successful project to our long track record with ExxonMobil.’

GTC Technology

GTC Technology has signed an agreement with Shandong Sincier Chemical Group (SSCG) to provide its GT-BTX licensed technology for a 450 000 tpy aromatics extractionunit at a new refinery in Dongying, Shandong Province, China. The new unit is the eighth GT-BTX license in China and will play an integral role in the 5 million tpy refinery being constructed by SSCG. Startup is planned for 2016. GTC will also supply the basic engineering package, technical services, proprietary solvent and equipment.

Sam Kumar, President, GTC (Beijing) Technology Inc., said, ‘we are excited about this opportunity to provide SSCG with our GT-BTX technology. Our goal is to serve our clients with value added performance from our technologies and by extraction serve the Asian fuels and chemicals market.’

The BTX unit is GTC’s second project for SSGC, following an award for a light naphtha isomeration unit (the first in China) using GTC’s Isomalk-2 and Isomalk-3 technologies.

Honeywell, UOP LLC

UOP LLC, a Honeywell company, has announced that CEPSA Chemical (Shanghai) Co., Ltd., will use UOP process technology to meet demand in China for key petrochemicals used to make plastics for the fast growing domestic construction and automotive industries. CEPSA Chemical will use UOP’s Phenol process to produce high quality phenol and byproduct acetone, key building blocks for polycarbonate plastics used in construction and automobile production. The new facility will be built at the Shanghai Chemical Industry Park.

China is the world’s largest consumer of polycarbonate plastics, representing nearly 30% of global consumption. Demand is expected to grow by 13% /y during the next 10 years. CEPSA Chemical is majority owned by CEPSA, an integrated energy company based in Spain.

Fernando Iturrieta, CEO, CEPSA Quimica said, ‘we are devoted to the Chinese market, and with this plant, CEPSA will have a network of facilities away from its home country in order to meet demand where the growth is taking place. Despite recent, lower than expected growth figures, China will continue to be a growing market and CEPSA wants to be there. We are very proud of this project in Shanghai, as it is the first investment of CEPSA in Northern Asia.’

Edited from press releases by Claira Lloyd

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/23102014/contract-news-22-oct-14/