Project awards , news and updates
What is happening in the world of projects and tenders ? Valve
World presents a monthly snapshot .
By Alexandra Kist , Valve World
Maire Tecnimont awarded EPC petrochemical contract
onstream by the end of 2023 , is the first of three planned units to produce Ineos pipe grade with Sinopec under license in China . The joint venture agreement was signed at a virtual meeting between Dr . Ma Yongsheng , Chairman of Sinopec and Sir Jim Ratcliffe , Chairman of Ineos . Through this partnership Sinopec benefits from Ineos ’ s technological knowledge and operational expertise , and Ineos achieves a substantial presence in China , the fastest growing market in the world .
Maire Tecnimont S . p . A ., a company listed on the Milan Stock Exchange , announced that its subsidiary Tecnimont S . p . A . has been awarded an EPC ( Engineering , Procurement and Construction ) lump sum contract relating to the implementation of a petrochemical project . The overall value of the contract is approximately EUR 1.2 billion and relates to the realisation of a petrochemical plant together with its associated utilities and offsite facilities . The project ’ s scope of work entails complete engineering services , equipment and material supply , erection , and construction activities up to mechanical completion which is expected in 2026 .
Ineos and Sinopec to collaborate on new petrochemicals complex
Ineos and Sinopec have announced a new joint venture agreement that will see Ineos acquire a 50 % share in the existing Tianjin Nangang Ethylene Project from Sinopec . The project is currently building a 1.2 million tonne ethane cracker , expected to come on-stream at the end of 2023 , and downstream derivative plants in Tianjin , China . A full suite of derivative units is being built at the complex , including the 300ktpa ABS ( acrylonitrile butadiene styrene ) plant and the 500ktpa HDPE ( high-density polyethylene ) plant announced by Ineos and Sinopec in July . The 300ktpa ABS plant will be based on Ineos ’ Terluran ® ABS technology . It is the second of three ABS plants that Ineos has agreed will be built and operated in China in partnership with Sinopec , the first being the 600ktpa plant currently under construction by Ineos in Ningbo . The 500ktpe HDPE plant , which is also expected to be
Black & Veatch to deliver seawater desalination plant in Indonesia
PT Freeport Indonesia ( PTFI ) has appointed Black & Veatch to design and manage the delivery of a seawater desalination plant for its Manyar Smelter in East Java , Indonesia , as part of its sustainable development commitments . The seawater desalination plant will support the processing of mine concentrates from the Grasberg mine in West Papua . The new domestic copper smelter and refinery supports Indonesia ’ s downstreaming strategy to further refine the processed mine concentrates and brings additional economic value to the local community and Indonesia . “ Reducing water consumption is critical to our sustainable development commitments . Using alternative water supplies is key to resource conservation ,” said Horst-Dieter Garz , Executive Vice President , Corporate Planning and Business Strategy , PTFI . Black & Veatch , in collaboration with its joint operating agreement ( JOA ) partner PT Wika , will perform the engineering , procurement , construction and commissioning responsibilities for the seawater desalination plant . The seawater desalination plant will be located adjacent to the Manyar Smelter Project . It will produce over 1,400 m 3 / hr of desalinated seawater to support the copper smelter and precious metals refinery . Designed to process 1.7 million tonnes per year ( MTPA ) of copper concentrate , the EUR 2.8 billion Manyar Smelter is anticipated to be the world ’ s largest designed single line copper processing facility .
52 Valve World February 2023 www . valve-world . net