« Back

Press Release

Technip awarded an important contract for a new Polyethylene Unit in Czech Republic

September 10, 2015

Technip was awarded by Unipetrol as. an important(1)  contract on lumpsum turnkey basis, covering the engineering, procurement and  construction (EPC) of a new Polyethylene Plant (PE3) in the complex located in  Litvinov, Czech Republic.

Based on INEOS technology, the new unit will have a capacity of  270.000 t/y high density polyethylene.

Technip’s operating centers in Rome, Italy, and Lyon, France, will  execute this contract, scheduled to be completed in the middle of 2018.

Marco Villa, Technip Region B(2)   President, commented: This  award confirms Technip as one of the world leaders in the  petrochemical field. At the same time, it further strengthens our presence as key EPC contractor in the Eastern  European market. In addition, this reflects another successful step in our cooperation  with Ineos.”


(1) For Technip, an “important” onshore contract  is ranging from €100 to €250 million.
(2) Technip Region B is composed of Italy,  Greece, Eastern Europe/Russia, Middle East, South America and Canada  Onshore-Offshore.


° °


Technip is a  world leader in project management, engineering and construction for the energy  industry.
From the deepest Subsea oil & gas developments to  the largest and most complex Offshore and Onshore infrastructures, our 37,500  people are constantly offering the best solutions and most innovative  technologies to meet the world’s energy challenges.
Present in 48 countries, Technip has state-of-the-art  industrial assets on all continents and operates a fleet of specialized vessels  for pipeline installation and subsea construction.
Technip shares are listed on the Euronext Paris  exchange and traded in the USA on the OTCQX marketplace (OTCQX: TKPPY).



Public Relations

Laure Montcel Tel. +33 (0) 1 49 01 87 81  
Delphine Nayral Tel. +33 (0) 1 47 78 34 83 E-mail: press@technip.com

Investor and Analyst Relations

Kimberly Stewart Tel. +33 (0) 1 47 78 66 74  E-mail : kstewart@technip.com
Aurélia Baudey-Vignaud Tel. +33 (0) 1 85 67 43 81  E-mail: abaudeyvignaud@technip.com
Michèle Schanté Tel. +33 (0) 1 47 78 67 32  E-mail: mschante@technip.com

More information

Website http://www.technip.com