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Chemical Week Magazine :: Cover Story

The E&C Champions’ League

6:05 AM MST | December 9, 2011 | —NATASHA ALPEROWICZ

Contractors to Profit from Shale Development; Mideast Stays in Front The first CW ranking of engineering and construction (E&C) firms serving the hydrocarbon-processing industries (HPI) shows that in 2010 Mitsubishi Heavy Industries (MHI; Tokyo) was the biggest player in terms of total sales, followed by Bechtel, Fluor, and Saipem (Milan). The ranking should, however, be viewed with caution because many companies, including MHI and Bechtel, do not break out their revenues for individual industries. MHI, a diversified engineering contractor with interests in...

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