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Technip Energies Bags EPCC Contracts for India’s New PX, PTA Plant

Pic: Technip Energies

France-based Technip Energies is a world-leading engineering and technology player who recently extensively engineered, procured, constructed and commissioned paraxylene (PX) and refined terephthalic acid from Indian Oil Corporation Limited (IOCL). I have won a (EPCC) contract. (PTA) A complex project in Paradeep, Orissa, on the east coast of India.

The EPCC agreement covers the delivery of the new 1.2 MMT PATPA plant and related facilities. PTA is the main raw material used in the manufacture of polyester fibers, PET bottles and polyester films used in packaging applications.

“We are pleased to receive another prestigious contract from Indian Oil Corporation Limited. We are also looking forward to launching this important project demonstrating our commitment to our core market, India. , Significantly strengthens our leadership position in carrying out complex petrochemical projects, “said Marco Villa, Chief Operating Officer of Technip Energies.

The Paradeep Refinery is India’s most modern refinery. Its products meet the energy demands of the domestic market and some are exported. With the aim of building a value chain, Paradip Refinery has challenged petrochemical products in the production of polypropylene (PP) and monoethylene glycol (MEG), and is currently starting production of PX and PTA. The availability of PTA in Paradip will boost nearby polyester manufacturing facilities.

Technip Energies has a strong footprint in India and has a local presence in Delhi, Mumbai, Chennai and Dahej. For the company, “large” contracts range between € 250 million and € 500 million.

Fiber2Fashion News Desk (RKS)

France-based Technip Energies is a world-leading engineering and technology player who recently extensively engineered, procured, constructed and commissioned paraxylene (PX) and refined terephthalic acid from Indian Oil Corporation Limited (IOCL). I have won a (EPCC) contract. (PTA) A complex project in Paradeep, Orissa, on the east coast of India.



Technip Energies Bags EPCC Contracts for India’s New PX, PTA Plant

Source link Technip Energies Bags EPCC Contracts for India’s New PX, PTA Plant

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