Paris, October 15, 2008
Technip has been awarded by Repsol Polimeros (a subsidiary of Repsol YPF, Spain) a lumpsum turnkey contract, worth approximately €35 million, for the supply of two new furnaces for an existing steamcracker(1) located in Sines, Portugal.
Technip’s operating center in Zoetermeer, The Netherlands, will execute this contract, which covers basic and detailed engineering, procurement and supply of materials, construction and both pre-commissioning and commissioning.
These new furnaces will be based on Technip’s proprietary GK6(2) cracking furnace technology and will expand the Repsol plant capacity by 160,000 tons. The furnaces are scheduled to be completed in 2010.
With this project, Technip confirms its leadership position in ethylene production facilities. It is one of the few companies capable of providing a complete range of services for ethylene crackers, from conception to turnkey design and construction.