Ecopetrol awards Mustang Conceptual Study Contract for new petrochemical complex

22-Jul-10

Mustang, a Wood Group company, was awarded a contract by Ecopetrol, Colombia's national oil company, to perform conceptual engineering and technology evaluations to optimize the production of polymers at Ecopetrol's grassroots integrated petrochemical complex in Colombia. The study is part of Ecopetrol's Petrochemical Master Plan. The study will look at ways to achieve maximum revenue from the production of polyethylene, polypropylene and aromatics products from ethane, LPG and naphtha feeds from the Barrancabermeja and Cartagena refineries and the Cusiana gas fields. Location options for the new facility include Ecopetrol's Cusiana or Cartagena sites. "We are very proud to have been awarded the conceptual engineering and technology evaluation study for this grassroots petrochemical complex in Colombia," said Chick Houseman, president of Mustang's process plants business unit. "Mustang brings extensive process engineering and project management experience to this important project, which is key to meeting Ecopetrol's petrochemical production goals.