PTTGC America LLC (PTTGCA), a subsidiary of PTT Global Chemical (PTTGC), Thailand’s integrated petrochemical and refining company, has let a contract to Technip SA, Paris, to provide technology licensing and the process design package for the company’s proposed petrochemical complex in Belmont County, Ohio (OGJ Online, Apr. 22, 2015).
Technip, which plans to execute the project out of its Houston office, will deliver its proprietary USC furnace technology and ethylene recovery system for the complex’s grassroots cracker, which will have an ethylene production capacity of 1 million tonnes/year, the service company said. A contract value was not disclosed.
This latest contract follows a series of previous contracts PTTGC awarded for the project in September.
The Thai operator let an initial contract to a consortium of Fluor Corp., Technip SA, and SK Engineering & Construction Co. to provide front-end engineering and design (FEED) on the complex (OGJ Online, Sept. 4, 2015), which was followed by a second FEED contract let to partnership of Bechtel Enterprises Holdings Inc., JGC America Inc., and Samsung Engineering America Inc. (OGJ Online, Sept. 9, 2015).
PTTGC also has signed an option agreement for key properties in Ohio’s Mead Township, where the complex would be built, according to Supattanapong Punmeechaow, PTTGC’s president and chief executive.
Technip said PTTGC remains on schedule to make a final investment decision on the greenfield project sometime in 2016-17.
If approved, project construction would take 3-4 years.
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