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Chemical Week Magazine :: Cover Story

Lump-sum work in US is risky, wave of projects is coming

6:05 AM MST | December 6, 2013 | —Natasha Alperowic

Technip (Paris), Europe’s second-largest engineering and construction firm, acquired Stone & Webster (S&W) from Shaw Group last year, reinforcing Technip’s position in the so-called Ethylene Club—companies that license olefins technology—and its footprint in the United States. The deal also broadens Technip’s range of petrochemical processes and adds capabilities in gas-to-liquids as well as heavy oil fluid and catalytic cracking....

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