02 December 2013 14:26 [Source: ICIS news]
LONDON (ICIS)--CB&I has been awarded a $1bn (€740m) contract for work on OxyChem and Mexichem’s joint venture, a 544,000 tonne/year ethane cracker in Texas, the US-based engineering and construction firm said on Monday.
CB&I will undertake engineering, procurement and construction at the facility in Ingleside, with work expected to start in the middle of next year.
The contract, awarded by the joint-venture firm Ingleside Ethylene, includes work on “associated utilities and offsites”, the Texas-based company said.
CB&I had already been commissioned to provide the technology licence and basic ethylene technology at the site, as well as front end engineering and design (FEED) services.
“The award of this important ethylene project in the US reflects the quality of work CB&I has provided to [US-based producer] OxyChem and [Mexican chemicals producer] Mexichem to date,” said CB&I president and CEO Philip Asherman.
Feedstock for the cracker is anticipated to be ethane derived from domestic shale gas. The facility is expected to be commercially operational in 2017, OxyChem CEO Steve Chazen said in October this year.
($1 = €0.74)
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