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This steamcracker in Nanjing, PR China, is a joint–venture project of BASF and Sinopec with a total investment of US $ 2.9 billion. (Picture: BASF)
ACHEMA 2012: Trend Report Plant Engineering

Plant Engineering Between Individual Solutions and Container Modules

Market and raw material trends set the direction in the chemical industry. That is one of the reasons why the 2008/2009 crisis signaled the start of a paradigm shift in chemical plant engineering and construction. Traditional EPC suppliers (general contractors based in the Western industrialized nations) are facing increased competition from Asia. At the same time, the plant engineering teams at global chemical companies are intensifying their partnerships with EPCs and spreading the workload across the international engineering resource base.

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