Home / Knowledge / News / Textiles / Technip extends its PTA Alliance with BP to acetic acid
Technip extends its PTA Alliance with BP to acetic acid
14
Dec '16
Technip, a leading project management, engineering and construction company for the energy industry, has extended its successful exclusive PTA Alliance with BP Petrochemicals to acetic acid, used in dyeing of textiles. The Acetic Acid Alliance will be relevant to front end loading (FEL) 1 and 2 stages of fully owned and JV projects developed by BP worldwide.
 
The Acetic Acid Alliance builds on the existing long-standing PTA Alliance. In the framework of the PTA relationship with BP, Technip has engineered approximately 8 million tons per year of PTA capacity over a span of 20 projects.
 
Through its operating centre in Rome, Italy, Technip is the exclusive provider of FEL services for BP PTA fully owned and joint-venture projects and inside battery limit (ISBL) front end engineering design (FEED) for PTA third-party licensing applications.
 
The Acetic Acid Alliance will be run out of the Technip centre of Rome, Italy, where existing synergies with the PTA relationship will be exploited.
 
BP is a world leader in the acetic acid marketplace and provides state-of-the-art technological suites with the Cativa XL process based on methanol carbonylation and the SaaBre process based on syngas.
 
“The extension of the long lasting and value providing Alliance with BP in PTA to acetic acid proves that these relationships constitute win-win deals for technology owners and contractors. We look forward to reproduce in the acetic acid domain with BP the continuous improvement drive accomplished in the PTA sector,” Nello Uccelletti, president Onshore Offshore, Technip, stated.
 
“BP’s long-term alliance with Technip in PTA has been successful, and we look forward to replicating this success in the acetic acid business,” commented Charles Damianides, Technology vice president BP Petrochemicals. (RKS)
 

Fibre2Fashion News Desk – India


Interviews View All

Binoy Ravjani, Hero's Fashion

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Divyesh Mashruwala, Akshar Industries

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Cindy McNaull, Cordura

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Alon Moshe,

Alon Moshe

Israel-based Twine Solutions is a technology start-up that has developed a ...

Tom Adeyoola,

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Sarah Perkins,

Sarah Perkins

Fairfax, Virginia-based Specialty Graphic Imaging Association (SGIA) is a...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions & Vertriebs Gmbh, founded in 1978 and headquartered ...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search