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Technip Selected for Venezuela Cracker

7:41 AM MST | March 2, 2009 | NATASHA ALPEROWICZ

Technip has been awarded a letter of intent to supply technology and engineering services for an ethylene plant that will form part of a previously announced petrochemical complex at Jose, Venezuela, CW has learned. The complex is being built by Polimerica (Caracas), a joint venture between Pequiven (Caracas) and Braskem (São Paulo) (CW, Dec. 22/29, 2008, p. 15). Technip will perform front-end engineering design (FEED) for the plant, a 1.3-million m.t./year ethane cracker, under the terms of the deal. The agreement is expected to be converted into a...

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