26 October 2012 11:17 [Source: ICIS news]
LONDON (ICIS)--Technip has been awarded the front-end engineering and design (FEED) contract for US-based producer Dow Chemical's world-scale ethylene plant in Freeport, Texas, the French engineering firm said on Friday.
Technip will also provide cracking furnaces engineering and procurement services for the facility.
Financial details of the contract were not disclosed.
The plant will be based on low-cost ethane feedstock. The products from the new plant will be utilised for Dow’s downstream facilities on the Gulf Coast in Texas and Louisiana, Technip said.
Technip’s operating centre in Claremont, California, will execute the contract, with FEED activities targeted for completion in mid-2013, the company added.
Dow first announced in April that it will build a new world-scale ethylene plant at its largest production site in Freeport.
The cracker is the key project in the company’s plan to connect its US operations to cost-advantaged gas feedstock coming from the further exploitation of US shale gas deposits, Dow said, adding that the cracker project was on track for start-up in 2017.
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