29 November 2007 13:06 [Source: ICIS news]
By Will Beacham
LONDON (ICIS news)--Akzo Nobel has awarded the engineering, procurement, construction and management contract for its Ningbo, China, ethylene amines (EA) project to Foster Wheeler, an executive at the Dutch company said on Thursday.
Christina Tenfalt, general manager for EA, told ICIS news that the US construction company had been chosen because of its experience in working in ?xml:namespace>
Tenfalt said the Ningbo EA project would have a similar capacity to its 80,000 tonne/year plant at
On completion Akzo Nobel will move from second to first place globally amongst six players with a capacity of around 180,000 tonnes/year.
Tenfalt said the project was still on budget. Plans for the €250m EA and chelating agents plant at a 50 ha (125 acre) site in
But she would not comment on two other projects that are being considered at
Akzo Nobel is using its own proprietary technology for the project, said Tenfalt.
But, she added, the company has chosen technology from
This contract was awarded early in 2007.
The whole project is on schedule for start-up in the first half of 2010 with groundbreaking expected to take place in mid-2008.
Tenfalt said there were no current plans for further expansion of EA capacity globally, but added: “Demand for EA is growing. It is a strategic product for Akzo Nobel so sooner or later we will take another step.”
She said demand was increasing by 10% or more per year in
($1 = €0.67)
($1 = €0.67)
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