Maire Tecnimont awarded EPC contract for HDPE unit at Pengerang Integrated Complex
Maire Tecnimont, in a JV with China HuanQiu Contracting & Engineering Corp. (HQC) has been awarded by PRPC Polymers a package of Petronas’ Integrated Complex (PIC) relating to the realization of a high density polyethylene unit on an EPCC (engineering, procurement, construction and commissioning) lump sum turn-key basis, for an amount of approximately $328 MM. The contract will be 65% Tecnimont and 35% HQC.
This award follows up the $482-MM contract granted to the same JV by Petronas in November, 2015. The unit will be located inside the PIC, in Pengerang, in the southeastern region of Johor, Malaysia, where the JV is currently carrying out the activities related to the first project.
PRPC Polymers is a wholly owned subsidiary of Petronas Chemicals Group Berhad which in turn is a subsidiary of Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas multinational, one of the largest players in the sector globally. Beijing-based HQC, affiliated with China National Petroleum Corporation (CNPC), is a leading engineering company in the Oil & Gas industry in China and a reputable EPC contractor in the region.
The project’s scope of work envisages the provision of complete engineering services, equipment and material supply, erection and construction activities up to start up and guarantee test run. Completion is expected in early 3Q of 2019.
The high density polyethylene unit will be based on LyondelBasell’s Hostalen Advance Cascade Process (HACP) technology and will have a capacity of 400 Mtpy.
This achievement provides further evidence of Maire Tecnimont’s global leadership in the polyolefins field, enabling to expand the Group’s geographical footprint in South East Asia, an area that keeps showing interesting downstream prospects.
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