Technip, technologies & construction service provider has signed a contract for the construction of an ethylene plant at The Kuwait Olefins Company's (TKOC) new Olefins-2 Petrochemical Complex in Shuaiba, Kuwait, with a planned production capacity of 850,000 mta. The project is scheduled to be completed early 2008.
This contract covers the detail engineering, procurement and supply of equipment and materials, construction and pre-commissioning and follows the signing in June 2005 of a memorandum of understanding between Technip and TKOC, a joint venture between The Dow Chemical Company (Dow), Petrochemical Industries Company, Kuwait (PIC) and Kuwaiti Private Companies.
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