13-12-2016
Technip extends its successful PTA alliance with BP to Acetic Acid
Technip announces today that it has extended its successful exclusive PTA Alliance with BP to Acetic Acid.
The Acetic Acid Alliance, relevant to FEL 1 and 2 stages of fully owned and joint-venture projects developed by BP worldwide, builds on the existing long-standing PTA Alliance.
Technip, in the framework of the PTA relationship with BP, has engineered approximately 8 million tons per year of PTA capacity over a span of 20 projects.
Through its operating center in Rome, Italy, Technip is the exclusive provider of FEL services for BP PTA fully owned and joint-venture projects and ISBL FEED for PTA third-party licensing applications.
The Acetic Acid Alliance will be run out of the Technip center of Rome, Italy, where existing synergies with the PTA relationship will be exploited.
BP’s is a world leader in the Acetic Acid marketplace and provides state of the art technological suites with the Cativa XL™ process based on methanol carbonylation and the SaaBre™ process based on syngas.
Nello Uccelletti, President Onshore Offshore, Technip, stated: “The extension of the long lasting and value providing Alliance with BP in PTA to Acetic Acid proves that these relationships constitute win-win deals for technology Owners and Contractors. We look forward to reproduce in the Acetic Acid domain with BP the continuous improvement drive accomplished in the PTA sector.”
Charles Damianides, Technology Vice-President BP Petrochemicals, commented: "BP’s long-term alliance with Technip in PTA has been successful, and we look forward to replicating this success in the Acetic Acid business.”
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
MOL inaugurates its polyol complex in Tiszaújváros
MOL's EUR 1.3 billion polyol complex in Tiszaújváros, boasting a capacity of around 200,000 tonnes of polyol per year, has been inaugurated. The ceremony, addressed ...
15-05-2024
-
NEXTCHEM completes the acquisition of GasConTec
Further to the announcement made on 4 March 2024, MAIRE announces that NEXTCHEM has finalized the acquisition of 100% of GasConTec GmbH, an innovative company specialized ...
15-05-2024
-
KBR awarded digital solutions contract by OCI
KBR announced today it has been awarded a contract by OCI Global to design and deploy its proprietary operator training simulator for OCI's 3,000 metric tonnes ...
13-05-2024
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024