10 March 2003 00:00 [Source: ICB]
Foster Wheeler has won an engineering, procurement and construction contract worth $150m for phase II of Schering-Plough's multi-product active pharmaceutical ingredient plant (MPP2) in Tuas, Singapore. The contract award was based on the planned completion of Schering's multi-product project (MPP1) in Singapore which Foster Wheeler is currently finishing. This plant will produce the cholesterol-lowering agent, Zetia.
BASF has signed a deal with Siemens Power Generation to build a combined heat and power plant at Ludwigshafen, Germany. Construction will start in quarter three on the 440MW natural gas fired facility to supply electricity and 650 tonne/hour of steam. BASF says the E240m investment will enhance the competitiveness of the site by securing a long-term supply at extremely favourable prices.
Shiraz Petrochemicals has shortlisted three contractors for the engineering and procurement work on its urea expansion project in Shiraz, Iran, says internet newsservice CNI. They are Krupp Uhde, Tecnimont and Chemoprojekt. A decision is expected by mid-March. The project is due onstream in 2004 and will raise capacity to 594 000 tonne/year from 495 000 tonne/year.
Construction work has started on a biodiesel plant in Malchin, Germany. The plant is being built by a consortium headed by Lurgi Life Science and will produce 37 000 tonne/year of biodiesel as well as the by-product glycerine. Lurgi is also supplying technology. Turnkey commissioning is scheduled to start in 16 months time. Lurgi forecasts that demand in Germany will rise from 600 000 tonne/year today to over 2m tonne/year in 2010.
The state-run Gas Authority of India (Gail) has shortlisted Nova Chemicals, Univation Technologies and Borealis as potential technology licensors for its Rs6.5bn (E126.9m/ $136.4m) 120 000 tonne/year high density polyethylene/linear low density polyethylene project at Pata in Auraiya, Uttar Pradesh, India. The project, which received board approval last year, will be financed internally and is scheduled for commissioning in 2005-06.
PFDUK, a joint venture between Fluor and Parsons, has been reconfirmed by Tengizchevroil as the engineering, procurement and construction contractor for the restarted Second Generation and Sour Gas Injection projects at the Tengiz and Korolev fields in Kazakhstan.
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