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People & Business :: Emerging Companies

Ethylene XXI EPC contract goes to consortium led by Odebrecht, Technip

1:23 PM MDT | October 4, 2012 | Kara Sissell

The Brazil-Mexico joint venture Braskem Idesa (Mexico City) has awarded a $2.7-billion E&C contract to a consortium of Odebrecht, Technip, and ICA Fluor for engineering, procurement, and construction (EPC) work on Ethylene XXI, a world-scale petrochemical complex slated to be online at Coatzacoalcos, Mexico in 2015. Odebrecht and Technip each have 40% of the E&C contract, with Fluor taking the remaining 20%. “This award follows the successful execution of the front-end engineering design of the ethylene, HDPE, and utilities contracts awarded to...

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