TechnipFMC has been awarded by Long Son Petrochemicals Co. Ltd. (LSP) a large contract for the licensing, engineering, procurement, construction, commissioning and start-up of Vietnam’s first olefins plant on Long Son Island, Ba Ria-Vung Tau province.
Designed as a flexible feed cracker, the olefins plant will utilise both naphtha and LPG feeds to produce olefins of up to 1.6 million tpy depending on the feedstock mix, in order to meet Vietnam’s rising demand for petrochemical products. The plant will also include proprietary licensed units and will be based on TechnipFMC’s proprietary ethylene technology.
TechnipFMC is executing the project in a consortium with SK Engineering & Construction Co. Ltd. of South Korea. TechnipFMC will execute all engineering, as well as the procurement of critical equipment from its operating centres in Houston, USA, Rome, Italy and Kuala Lumpur, Malaysia.
The contract represents the latest of TechnipFMC’s onshore projects in Vietnam, which include the country’s first oil refinery, the Dung Qu?t Refinery, and the Phu My Fertilizer Complex.