Pequiven and Braskem to Decide on Cracker Technology

Pequiven and Braskem (São Paulo) say they will decide within two months which technology they will select for a previously announced 1.3-million m.t./year ethylene plant at Jose, Venzeuela that will supply feedstock to a downstream petrochemical complex that the companies are jointly planning (CW, April 25, 2007, p. 9). Three separate consortia headed by Linde, CB&I Lummus, and Technip are bidding for the award. The joint venture, Polietilenos de America, plans to invest $2.6 billion to build the ethane cracker and polyethylene units with combined...

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