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Press Release

Technip and Wieland sign an agreement to market innovative heat exchangers

November 29, 2007

Paris and Ulm, November 29, 2007


Technip and Wieland announced today that they have entered into an agreement to jointly market innovative enhanced heat transfer solutions for liquefied natural gas (LNG) and ethylene plants.

Developed jointly by Technip and Wieland, these solutions provide improved energy efficiency through an increase in production capacity, a decrease in energy consumption and reduced CO2 emissions.

Their primary application will be large shell and tube heat exchangers for Technip and third party projects.

This agreement follows more than 10 years of collaboration to develop Wieland GEWA enhanced tubes for this type of application; an idea which started in a laboratory and is now a fully industrialized concept with more than 50 state-of-the-art enhanced shell and tube heat exchangers manufactured to date for LNG and ethylene plants.

This long term collaborative effort (partially supported by European Union funded research & development programs) together with field references in the petrochemical and LNG industries have allowed Technip/Wieland heat exchangers to become standard equipment in large capacity LNG and ethylene plants.

As part of the agreement, Technip and Wieland will further develop, qualify, optimize and market new solutions using Technip's equipment design know-how and Wieland's expertise in enhanced heat transfer tube technologies.

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