Ethylene Project New Petrochemical Complex to Be Built in Mexico
A joint venture company, which includes Odebrecht, Technip and ICA Fluor, will design and build the new Ethylene XXI petrochemical complex in the Mexican state of Veracruz. The new petrochemical complex will include amongst others a 1 million ton-per-year ethylene cracker and two high density polyethylene plants.
Paris/Frankreich, Irving/USA – Braskem Idesa awarded to a joint venture formed by Odebrecht (40%), Technip (40%) and ICA Fluor (20%) a contract worth more than US-Dollar 2.7 billion (around Euro 2.1 billion) for the engineering, procurement and construction (EPC) of a petrochemical complex to be built in the Coatzacoalcos/Nanchital region, in the Mexican state of Veracruz. The project is scheduled for completion, with the plant ready for start up, in June 2015.
The petrochemical complex will include the following facilities:
- An ethane-based ethylene cracker, producing 1 million tons per year;
- Two high density polyethylene plants;
- A low density polyethylene plant;
- Storage, waste treatment and utility facilities, including a 150 MW combined cycle power and steam co-generation plant;
- A multimodal logistics platform for shipment of 1 million tons per year of polyethylene via bulk train, bulk truck or bagged;
- Administrative, maintenance, control room and ancillary buildings.
Thierry Pilenko, Technip’s Chairman and Chief Executing Officer declared: “Technip is delighted to have been awarded this large contract with long-term and tier-one partners such as Odebrecht and ICA Fluor. The Ethylene XXI cracker will be the most modern and efficient in operation in the Americas.”