France’s Technip to build hydro-cracking complex in Bulgaria

26 January 2012 08:02  [Source: ICIS news]

SINGAPORE (ICIS)--Technip has been awarded a contract worth more than €900m ($1.2bn) by Russia’s Lukoil Neftochim Burgas to build a 2.5m tonne/year heavy residue hydro-cracking complex at its refinery at Burgas in Bulgaria, the French company said late on Wednesday.

The turnkey engineering, procurement and construction contract, which was awarded by the subsidiary of Russian refining and petrochemical firm Lukoil, covers the construction, pre-commissioning and commissioning of the vacuum residue hydro-cracker based on French oil refining firm Axens’ H-Oil process, Technip said in a statement.

In addition, Technip will build an amine regeneration unit, sour water stripper, hydrogen production units, utilities and provide offsite upgrading at the complex.

Technip's operating centre in Rome will execute the construction, which is scheduled to be completed by end of January 2015, the statement added.

($1 = €0.76)

Please visit the complete ICIS plants and projects database

By: Samuel Wong

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index