Shaw to develop two Petrochina ethylene plants in China
22 Aug '07
2 min read
The Shaw Group Inc announced that its Energy & Chemicals Group has been awarded contracts to provide its proprietary technology, engineering and procurement services for two 800,000 metric tons per year grassroots ethylene plants in China.
The value of Shaw's contracts, which will be reflected in its fourth quarter fiscal year 2007 backlog, was not disclosed.
The first plant, for PetroChina Fushun Petrochemical Company, will be located in Fushun, Liaoning Province. The second plant, for PetroChina Sichuan Petrochemical Company, will be located in Pengzhou, Sichuan Province.
The contracts cover basic engineering, technology licensing, procurement of key equipment and materials, technical training, commissioning and start-up services.
"Shaw has worked closely with China's olefins producers to license its technology and help source more than three million tons of ethylene production capacity in China during the past 30 years," said J.M. Bernhard Jr, chairman, president and chief executive officer of Shaw.
" We are pleased to be selected by our long-time client, PetroChina, for these significant new projects."
Shaw's ethylene plants possess a global reputation for high operational reliability, rapid start-up and superior performance.
Providing technology, design, engineering and/or construction to more than 120 plants, Shaw is an established leader in ethylene technology. Since 1990, Shaw technology has been selected for 35 percent of the world's ethylene capacity increases.
marketing@alchempro.com
