Technip awarded EPC contract by Unipetrol for Polyethylene plant in Litvinov, Czech Republic

11-Sep-15

Technip has been awarded by Unipetrol a.s. a contract on lumpsum turnkey basis, covering the engineering, procurement and construction (EPC) of a new Polyethylene Plant (PE3) in the complex located in Litvinov, Czech Republic. Based on INEOS technology, the new unit will have a capacity of 270,000 tpa high density polyethylene. Technip’s operating centers in Rome, Italy, and Lyon, France, will execute this contract, scheduled to be completed in the middle of 2018. Unipetrol is a subsidiary of PKN Orlen. According to PKN Orlen, the unit will be “among the most advanced units of this type in Europe.” The project is Orlen’s largest investment in the Czech market and the biggest in the history in the petrochemical sector in the country. The contract is valued at €213 mln, the costs will reach €314 mln. The unit will be launched in 2018.