Amec Foster Wheeler has announced that it has been awarded a US$604 million engineering, procurement and construction (EPC) fixed price contract for part of a US$1.85 billion methanol plant being developed by Yuhuang Chemical Inc (YCI), a US-based subsidiary of China’s Shandong Yuhuang Chemical Company Co. Ltd.
The first phase of the project will include the construction of a 1.8 million tpy methanol plant, being built at YCI’s site in St. James Parish, Louisiana, US. Amec Foster Wheeler had previously carried out engineering, project management, procurement and early construction services for the project in 2015.
Amec Foster Wheeler will carry out specific infrastructure and utilities engineering work, the procurement of bulk items and selected tagged equipment, and the construction of the methanol plant.
Jonathan Lewis, Chief Executive Officer, Amec Foster Wheeler, said: “I’m delighted that we have been entrusted to continue supporting YCI on the largest grassroots foreign direct investment by a Chinese company on the Gulf Coast of the United States. Winning this contract is a further demonstration of how we are leveraging our multi-market capabilities to better serve our clients, extend our presence in high-growth areas, such as the chemicals market, and contribute to the growth of our order book.
“We look forward to working with YCI to meet the project’s challenges, and delivering safely and successfully this new world-scale facility to operate at full capacity.”
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/08092017/amec-foster-wheeler-wins-epc-contract/