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NPC lets Technip-Coflexip Iranian polyethylene plant contract

By OGJ editors

HOUSTON, Oct. 29 -- Pars Petrochemical Co., a wholly owned subsidiary of the National Petrochemical Co. of Iran (NPC), has awarded France's Technip-Coflexip and Teheran-based Iranian engineering firm Nargan a contract for the design and construction of a 300,000 tonne/year low-density polyethylene unit for the nineth Olefins Complex at Asaluyeh.

The contract is worth 100 million euros net to Technip-Coflexip, the company said. The French engineering firm and Nargan, in which it holds 20% stake, will oversee basic and detailed engineering for the unit as well as procurement of equipment and materials. The construction, commissioning, and start-up of the unit is expected to be completed in 34 months, the companies said.

The unit, which will use Stamicarbon technology, will be fed by ethylene produced by a 1 million tonne/year ethane cracker also designed and constructed by the Technip-Coflexip-Nargan partnership (OGJ Online, Dec. 17, 2001).


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