Product category:
Design and Development Consultancy
News Release from: Foster Wheeler
Edited by the Engineeringtalk Editorial
Team on 15 March 2006
Contract won for Kuwait ethylene-glycol
unit
Engineering, procurement and construction supervision contract for a grassroots ethylene-glycol unit to be built at Shuaiba Industrial Area, Kuwait.
Milan-based Foster Wheeler Italiana has been awarded an engineering, procurement and construction supervision contract by Kuwait Olefins for a grassroots ethylene-glycol unit (EG2 Project) to be built at Shuaiba Industrial Area, Kuwait Kuwait Olefins is a joint-venture company with the majority shareholders being Petrochemical Industries, a wholly owned subsidiary of Kuwait Petroleum, and Dow Europe Holding, a wholly owned subsidiary of Dow Chemical
This article was originally published on Engineeringtalk on 2 Feb 2001 at 8.00am (UK)
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The terms of the award were not disclosed and the contract will be included in Foster Wheeler's first-quarter 2006 bookings.
The EG2 unit, with a capacity of 600,000tonne per year, is part of Kuwait Olefins's planned Olefins II ethylene and derivatives complex.
It will use Union Carbide's Meteor ethylene oxide/ethylene glycol process technology.
It is scheduled to be completed by the second quarter of 2008.
"We successfully completed a 340,000tonne per year ethylene glycol plant, part of the Equate I project, at the same location during the late 1990s", said Umberto della Sala, CEO of Foster Wheeler Global Engineering and Construction Group.
"With this important award, we are very proud to be able to include Kuwait Olefins among our repeat clients and we intend to deliver the same excellent performance for the EG2 Project".
Saad Al Shuwaib, Chairman and Managing Director, Petrochemical Industries, said: "The award of this contract builds on the success of the Equate I Project".
"We are committed to building, with the help of Foster Wheeler, one of the safest and most efficient ethylene glycol plants in the world".
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