Technip Energies has been awarded a major contract worth over $265 million by Chevron Phillips Chemical (CPChem) and QatarEnergy for its joint venture project, the Golden Triangle Polymers, along the Gulf Coast in Texas, US.
The scope of work includes supply of proprietary cracking furnaces linked to the 2,000 kilo tonnes per annum (kta) ethane cracker unit for the Golden Triangle Polymers project.
Technip Energies said this latest award was in line with its early engagement strategy with CPChem and QatarEnergy, which resulted in the selection of proprietary ethylene technology and includes the successful completion of the ethylene license and Process Design Package (PDP).
The modularized cracking furnaces will feature seven of the largest capacity furnaces that Technip Energies has ever designed, it stated.
The cracker is designed using modern emissions reduction technology and processes that result in lower greenhouse gas emissions than similar facilities in the US and Europe, it added.
Technip Energies has about 50% of the licensing market share. “We have unique experience in the design, construction and modernization of the largest ethylene plants using proprietary technologies,” he noted.
