ICA Fluor awarded contract for two petrochem facilities in Mexico

20-Jun-06

ICA Fluor is to provide detailed engineering, construction, procurement and precommissioning services for two petrochemical facilities in Mexico - Alpek, the petrochemical arm of Mexico`s ALFA, and Basell Polyolefins, formerly Montell. The first is a lump sum contract with Indelpro, the leading polypropylene production company subsidiary of Alpek, for detailed engineering, construction, procurement and pre-commissioning services of a second line of polypropylene (PP) and the revamping of the existing propylene splitter. The project value for ICA Fluor is $108 million. Indelpro is located in Altamira Tamaulipas, Mexico, where it currently operates a 240,000 tpa polypropylene plant. The second is for a plant to be located in Altamira, Tamaulipas, Mexico. The new plant will be one of the largest and most modern facilities of its kind in the world, using the Spherizone technology by Basell. The project has a target completion date in December 2007.