Petrochemicals in China
23 Sep 2003
Technip has been awarded a contract worth about $50 million by the Cangzhou Cang Hua Chemical Industry to build a VCM/PVC plant at the company's existing petrochemical complex at Guangzhou in the Hebei Province in China.
The contract covers the license, basic and detailed engineering, supply of key equipment and materials as well as technical assistance required for construction and commissioning. The project will be carried out by Technip's engineering centre in Kuala Lumpur.
The plant is scheduled to be completed in August 2005. It will produce 400,000 tons/year of VCM/PVC (vinyl chloride monomer/polyvinyl chloride) from EDC (ethane dichloride) and will use Technip's EDC cracking technology.
VCM is an intermediate chemical to produce PVC, a plastic commonly used in the piping and construction industries.
Technip has been working in China for 30 years, particularly in the petrochemical, chemical and fertilizers sectors. Altogether it has designed and built over 100 units on 50 different sites. The new contract follows two contracts won by the Group in 2003: a chemical plant for BASF and two polyethylene units for SECCO, all three at Caojing near Shanghai.
