Technip Energies enters engineering services agreement with INEOS Acetyls for acetic acid technology
Technip Energies has reached an agreement with INEOS Acetyls as their sole supplier of early engineering services in support of the deployment and application of INEOS Acetyls CATIVA technology.
This agreement continues Technip Energies long lasting involvement in supporting the deployment of the world leading CATIVA® acetic acid technology, with its proven technology integration expertise and energy efficient processes.
Acetic acid is one of the most versatile organic chemicals manufactured today with applications in almost every industry. It is a significant chemical reagent and industrial chemical used in the production of soft drink bottles (PET), manufacture of vinyl acetate monomer (VAM) and purified terephthalic acid (PTA). It is used to produce many synthetic fibers and fabrics, as well as a host of household, food, and other applications that are essential to everyday life.
Under this agreement, Technip Energies will provide early engineering support to INEOS’ recently announced investment into a world scale acetic acid plant, and associated derivatives, on the US gulf coast.
Bhaskar Patel, SVP Sustainable Fuels, Chemicals & Circularity of Technip Energies commented: “We are pleased to continue our collaboration with INEOS and to contribute to their global expansion plans. Technip Energies is committed to continue supporting their leading CATIVA® acetic acid technology deployment by bringing our engineering and technology expertise. We look forward to integrate this technology into world scale acetic acid plants for INEOS.”
Graeme Stewart, INEOS Operations Director, commented: “We are very pleased to continue our well established working relationship with Technip Energies who have a strong record in developing and delivering large scale global projects, and complement very well the INEOS teams capabilities”.
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