By OGJ editors
HOUSTON, May 13 -- The Hungarian petrochemical company Tiszai Vegyi Kombinat Rt. (TVK) has awarded Wiesbaden-based Linde AG a contract valued at 160 million euros for an ethylene plant at Tiszaujvaros in northeastern Hungary. The new plant is part of TVK's planned extensive, 430 million euro petrochemical development project.
Linde will provide its proprietary ethylene technology and cracking furnaces and will carry out engineering, equipment and materials procurement, construction supervision, and commissioning. TVK will be responsible for the civil work and plant construction.
The feedstock for the ethylene production is gas oil
The new Linde ethylene plant will increase capacity at Tiszaujvaros to 610,000 tonnes/year of ethylene from 360,000 tonnes/year, and the plant also will have the capability to process naphtha. The plant is scheduled to go into operation in fourth quarter 2004.