Technip (Paris, France; www.technip.com) was awarded a contract by Unipetrol a.s. (Prague, Czech Republic; www.unipetrol.cz), covering the engineering, procurement and construction (EPC) of a new polyethylene plant (called PE3) in the complex located in Litvinov, Czech Republic. The contract was awarded on a lumpsum turnkey basis, and has a value between €100 and €250 million.
Based on Ineos process technology, the new unit will have a capacity of 270,000 metric tons per year (m.t./yr) of high-density polyethylene (HDPE).
Technip’s operating centers in Rome, Italy, and Lyon, France, will execute this contract, which is scheduled to be completed in the middle of 2018.