Engineering & technologies leader Technip has been awarded by BP Zhuhai Chemical Company Limited, a joint venture between BP and the Fu Hua Group, a services contract for the development of a new world-scale PTA (Purified Terephthalic Acid) plant at their site in Guangdong Province, China.
The contract, which covers the management of the development, will be executed by a team integrated with the client.
The new plant, with a capacity of 900,000 tons per year, will be the first to employ BP's latest technology and is expected to come on stream at the end of 2007 to meet China's growing demand for PTA.
Technip's operations and engineering center in Rome (Italy) has responsibility to execute the contract, which falls within the framework of the on-going Alliance between BP and Technip in the PTA domain.
This contract comes after the front end engineering design contract completed by Technip in 2005 for the same plant.
PTA (Purified Terephthalic Acid) has the form of a white and crystalline powder primarily applied as raw material in the production of polyester fibers and plastic materials.
TECHNIP's activity covers offshore and onshore field development, gas processing and liquefaction, refining, onshore pipelines and petrochemicals - which represents its main business.
BP Zhuhai, a joint venture between BP (85 per cent) and Fu Hua Group (15 per cent), currently operates a 350,000 tonnes a year PTA plant at the site and will also own and operate the new plant.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
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