Toyo Engineering, Egypt’s ENPPI to build ethylene, butadiene units

28 March 2012 09:35  [Source: ICIS news]

TOKYO (ICIS)--Toyo Engineering and Egypt’s Engineering for the Petroleum & Process Industries (ENPPI) have won a contract from The Egyptian Ethylene and Derivatives Company (ETHYDCO) to build two petrochemical units at Alexandria in Egypt, the Japanese firm said on Wednesday.

The total value of the contract for both projects, namely a 460,000 tonne/year ethylene plant and a 20,000 tonne/year BD extraction unit, is approximately $600m (€450m) and the plants are scheduled to be started up in early 2015, Toyo Engineering said in a statement.

Under the lump-sum turnkey contract, Toyo Engineering and ENPPI will execute the engineering, procurement and construction, and commissioning based on the ethylene technology of US-based Lummus Technology, the statement said.

The Japanese firm will lead the project execution, mainly engaging in project management, and the basic engineering and procurement of key equipment.

ENPPI will primarily be in charge of joint project management and detailed engineering, the statement added.

Both companies will execute the construction and commissioning by cooperating with The Petroleum Projects and Technical Consultations Company (Petrojet), an Egyptian construction company, as a subcontractor, the statement said.

This is Toyo Engineering’s fifth project in Egypt, according to the statement.

($1 = €0.75)

By: Tomomi Yokomura
+65 6780 4359

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