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Technip Awarded a Paraxylene Complex in Poland.


PARIS Paris, in Greek mythology
Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt.
 -- Regulatory News:

Technip (Paris:TEC)(NYSE NYSE

See: New York Stock Exchange
:TKP TKP Türkiye Komünist Partisi (Communist Party of Turkey; formerly Sosyalist Iktidar Partisi, Party of Socialist Power)
TKP Tulajdonképpen (Hungarian)
TKP Tausender-Kontaktpreis
TKP Tamarind Kernel Powder
)(ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. :FR0000131708) has been awarded a contract worth approximately EU160 million by PKN ORLEN S.A. for the construction of a new paraxylene(*) complex in its refinery in Plock, central Poland.

Technip's operations and engineering center in Rome (Italy) will execute the project which includes engineering, procurement and supply of equipment and materials, and technical assistance for activities at site (construction, precommissioning and commissioning). Services, materials and equipment supply will be delivered on a lump sum Lump sum

A large one-time payment of money.
 basis; activities at site will be charged on a cost plus fee basis.

The complex's production units will be based on UOP (micro OPeration) The "u" is the substitute letter for the µ symbol. See microinstruction.  technology and have a capacity of 400,000 tons/year. The auxiliary system will be developed by Technip.

Project completion is scheduled for December 2009.

This new contract marks a new step in the collaboration between Technip and PKN ORLEN, which includes among others the diesel oil hydrodesulphurization unit and the hydrogen plant currently in progress at the Plock Refinery.

(*) Paraxylene: an hydrocarbon aromatic compounds mainly used in the fabrication of polyesters for fibers, films and resins. Smaller quantities of paraxylene are used as solvents, lubricants and in crop protection products.

With a workforce of 22,000 people, Technip ranks among the top five corporations in the field of oil, gas and petrochemical engineering, construction and services. Headquartered in Paris, the Group is listed in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and Paris.

The Group's main operations and engineering centers and business units are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the USA, Brazil, Abu-Dhabi, China, India, Malaysia and Australia.

In support of its activities, the Group manufactures flexible pipes and umbilicals, and builds offshore platforms in its manufacturing plants and fabrication yards in France, Brazil, the UK, the USA, Finland and Angola, and has a fleet of specialized vessels for pipeline installation and subsea construction.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 11, 2007
Words:312
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