Technip inks contract to supply proprietary ethylene technology and PDP to subsidiary of PTT Global Chemicals

28-Oct-15

Technip has entered into a contract to supply its proprietary ethylene technology and PDP (Process Design Package) to PTTGC America LLC (PTTGCA), a subsidiary of PTT Global Chemical, Thailand’s largest integrated petrochemical and refining company, for a 1,000 KTA grassroots ethane cracker to be located in Belmont County, Ohio, USA. The plant, which will use low cost ethane from the region’s shale deposits, will be part of a major shale-based petrochemical complex to be built by PTTGCA, which is expected to make a final investment decision in 2016 or 2017. Key technology components include Technip’s proprietary USC® furnaces preferred for high-capacity, low-cost gas cracking capabilities as well as Technip’s well-established ethylene recovery system. The project will be executed by Technip’s operating center in Houston, Texas, USA. Stan Knez, President, Technip Stone & Webster Process Technology, said: “As the largest ethylene licensor and contractor, Technip is pleased to bring its proven ethane cracking and process technologies and experience to this cracker, which is part of PTTGCA’s first world-scale petrochemical complex outside of Thailand.”