You are currently viewing: News


Amec Foster Wheeler wins EPC contract for US methanol plant

Amec Foster Wheeler has been awarded a US$604 million engineering, procurement and construction (EPC) fixed price contract for part of a US$1.85 billion methanol plant being developed by Yuhuang Chemical Inc (YCI), a US-based subsidiary of China’s Shandong Yuhuang Chemical Company Co. Ltd. The first phase of the project, which includes the construction of a 1.8 million-tonne per annum methanol plant, is being built at YCI’s 1,300-acre site in St. James Parish, Louisiana, U.S.

The contract award reflects Amec Foster Wheeler’s strategy to grow both its chemicals business - as demand increases due to comparatively low oil and gas prices and its EPC portfolio. It follows the successful completion of an earlier phase of work at the plant awarded to Amec Foster Wheeler in 2015, covering engineering, project management, procurement and early construction services. The deep knowledge of the plant gained over the last two years, coupled with the recent local construction experience of Amec Foster Wheeler’s Power & Process business, gives an advantage for both contractor and client. The Power & Process business has successfully executed US$3 billion of lump sum EPC work in the last three years.

In this latest contract award, Amec Foster Wheeler will combine the expertise and skills of its Oil, Gas & Chemicals and its Power & Process businesses to carry out specific infrastructure and utilities engineering work, the procurement of bulk items and selected tagged equipment, and the construction of the methanol plant.

In line with the ‘full notice to proceed’, US$604 million will be added to the Company’s order book in the second half of the year.

"We are very pleased to continue working with Amec Foster Wheeler to complete on time and budget the project in order to start the distribution of the IMPCA* quality methanol produced at the plant in Q4-2019." Dr. Charlie Yao, President of YCI

"I’m delighted that we have been entrusted to continue supporting YCI on the largest grassroots foreign direct investment by a Chinese company on the Gulf Coast of the United States. Winning this contract is a further demonstration of how we are leveraging our multi-market capabilities to better serve our clients, extend our presence in high-growth areas, such as the chemicals market, and contribute to the growth of our order book.

We look forward to working with YCI to meet the project’s challenges, and delivering safely and successfully this new world-scale facility to operate at full capacity." Jonathan Lewis, Chief Executive Officer, Amec Foster Wheeler plc.

Sponsor : 

Other News Items

Latest developments in sour hydrocarbon treatment to be covered at SOGAT 2018

Sulphur management encompasses all aspects of sour hydrocarbon conditioning and dominates the current thinking and planning in the Middle East region and non more so ...


Clariant introduces HYDEX® E next-generation diesel dewaxing catalyst

Clariant, a world leader in specialty chemicals, today announced the launch of its latest diesel dewaxing catalyst, HYDEX E. The new catalyst is an extension of Clariant’s ...


Zhejiang Petrochemicals to adopt EST refining technology from ENI

The agreement represents an important step to enhance the value of EST technology. Following the decision by Sinopec to adopt this technology for its Maoming refinery ...


McDermott and CB&I receive competition authority approvals

McDermott International, Inc and CB&I today announced that the companies have received antitrust clearance in Russia for their proposed combination. With this clearance, ...


hte and ITQ to commercialise micro downflow technology for testing FCC catalyst

hte – the high throughput experimentation company and Instituto de Tecnología Química (ITQ) in Valencia, Spain, a joint research center of the Universitat ...


Petrofac awarded India EPC contract

Petrofac has been awarded a lump-sum Engineering, Procurement and Construction contract by Bharat Petroleum Corporation Limited valued at approximately US$ 135M. Located ...


Koch-Glitsch and INVISTA Performance Technology to offer DTL process technology

Koch-Glitsch and INVISTA Performance Technology, affiliates of Koch Industries, announced a partnership to offer DTL process technology, allowing refineries to capture ...


Chevron Phillips Chemical starts new ethane cracker in Baytown

Chevron Phillips Chemical Company LP announced today that it has successfully introduced feedstock and commenced operations of a new ethane cracker at its Cedar Bayou ...


SNC-Lavalin awarded EPC contract with NOVA Chemicals

SNC-Lavalin announces that it has, in consortium with TechnipFMC, been awarded a lump sum EPC contract to supply NOVA Chemicals with two gas cracking furnaces. This award ...


Saudi Aramco and SABIC award Wood crude oil to chemicals project

Wood has been selected to develop the world’s largest fully integrated crude oil to chemicals complex in the Kingdom of Saudi Arabia, on behalf of Saudi Aramco ...