MOSCOW (MRC) -- KP Engineering, an industry leader in engineering, procurement and construction (EPC) solutions, has been awarded a fixed-price EPC contract by Praxair, Inc. to expand carbon monoxide production at its Geismar, Louisiana plant, said Praxair.
The award from Praxair is among several major projects KPE has secured within the last 12 months, including the recently awarded fixed-price contract from Targa Terminals LLC, valued in excess of USD100 million.
"We appreciate Praxair’s confidence in our ability to deliver world-class results for this important expansion in Geismar," said William Preston, President and Chief Operating Officer of KP Engineering. "KPE's expertise integrates well with Praxair’s vision and forms an important part of our business, complementing our positions in the refining, midstream, and petrochemical sectors."
The overall scope of the KPE project includes engineering, procurement, and construction. The project is expected to be completed in 2018.
Praxair previously said that it plans to invest USD100m to expand its Geismar syngas processing unit in response to growing demand.
Praxair, Inc., a Fortune 250 company with 2015 sales of USD11 billion, is the largest industrial gases company in North and South America and one of the largest worldwide. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, primary metals and many others.
MRC