MOSCOW (MRC) -- CB&I has announced it has been awarded a contract valued at approximately USD1.3 billion by Total Petrochemicals & Refining USA, Inc. to provide engineering, procurement and construction for an ethane cracker project located in Port Arthur, Texas, as per Hydrocarbonprocessing.
The new cracker will have an ethylene capacity of one million metric tons per year. CB&I was previously awarded a contract for front-end engineering and design services and the ethylene technology license. The facility will utilize six SRT-III (Short Residence Time) pyrolysis heaters.
"This award is the result of substantial collaboration between our two companies that ensured the project design is fit-for-purpose, significantly reducing costs," said Philip K. Asherman, CB&I's President and Chief Executive Officer. "The cracker project, the fourth new ethane project for CB&I on the US Gulf Coast, will allow Total to capitalize on the abundance of shale gas in the US and realize significant operational synergies, and we look forward to helping them build on their global ethylene capabilities."
As MRC reported earlier, Total's proposed new ethane cracker near its refinery in Port Arthur, Texas, is being designed to have a capacity of 1 million tpy, the company said in April, 2015, in a permit application to the Texas Commission on Environmental Quality (TCEQ). Construction on the cracker was to start in June 2016 with operations starting three years later. The project would include seven ethane-cracking heaters. Total first mentioned the possible project in May 2013 and is currently looking for partners who could have ownership stakes and help with plant operations.
Total S.A. is a French multinational oil and gas company and one of the six "Supermajor" oil companies in the world with business in Europe, the United States, the Middle East and Asia. The company's petrochemical products cover two main groups: base chemicals and the consumer polymers (polyethylene, polypropylene and polystyrene) that are derived from them.
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