... Awards Ethylene Expansion Contract to Technip

Technip says it has been awarded a contract by Sibur Neftekhim (Moscow) for a previously announced expansion of Sibur’s ethylene plant at Kstovo, Russia. The €45-million ($62.1 million) contract covers a two-phase expansion of ethylene capacity. The first will raise capacity from about 300,000 m.t./year, to 360,000 m.t./year, and the second will increase output to 450,000 m.t./year. Technip will use its proprietary technology. The expanded plant will supply ethylene feedstock to a previously announced, integrated polyvinyl chloride production joint...

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