You are currently viewing: News



06-10-2017

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.

Sponsor : 

Other News Items

Seminar | Graham Corporation VacAdemics Seminar in New Delhi

Graham Corporation will be holding their popular VacAdemics Seminar in New Delhi on 26 September 2018, the day after Refining India’s 2018 Conference. About ...

21-09-2018

Successful start-up of methanol plant using MegaMax® 800 catalyst from Clariant

Clariant, a world leader in specialty chemicals, today announced the successful start-up of its MegaMax 800 methanol synthesis catalyst at China National Offshore Oil ...

21-09-2018

Agreement for petrochemical industrial zone in Turkey

Rönesans Holding has signed a framework cooperation agreement with the Netherlands-based Port of Rotterdam for the Ceyhan Mega Petrochemical Industrial Zone in Turkey. Rönesans ...

19-09-2018

Samsung awards Mammoet new contracts for petrochemical sites

Mammoet is pleased to announce two new contracts with Samsung Engineering (Thailand) Co Ltd to provide transport and heavy lift works as part of two petrochemical projects ...

18-09-2018

Metso celebrates its 150th anniversary

In 2018, Metso celebrates its 150th anniversary. The story of Metso started in 1868 as a local ironworks, and is linked to the development of urban environments and the ...

18-09-2018

Graham Corporation awarded three orders

Graham Corporation, a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical, power and defense industries, today ...

18-09-2018

CVR refining announces intent to sell Cushing tank farm assets

CVR Refining, LP, a refiner and marketer of petroleum fuels, today announced that it intends to sell its Cushing, Oklahoma, crude oil tank farm and currently is entertaining ...

17-09-2018

Chart receives brazed aluminum plate fin heat exchanger order from Babcock

Chart has been awarded a contract by Babcock to provide brazed aluminum plate fin heat exchangers (BAHX) for its patent-pending ecoSMRT® LNG reliquefaction system ...

17-09-2018

Wison Engineering and Gazprom Neftekhim Salavat to collaborate

Wison Engineering Services Co. Ltd. recently announced that its indirect wholly-owned subsidiary Wison Engineering Ltd. entered into a memorandum with Gazprom neftekhim ...

17-09-2018

Ergon BioFuels plans to close ethanol plant

Ergon BioFuels, LLC, a subsidiary of Ergon, Inc., has announced plans to close its ethanol plant in Vicksburg, Mississippi, in December 2018. The 56.5 million gallon ...

14-09-2018