Petrovietnam has awarded a consortium of Technip SA and Samsung Engineering a turnkey 400 million euro contract for the design, engineering, equipment and materials supply, construction, commissioning , startup, and training of personnel for a fertilizer complex to be located at Phu-My in Baris Vun-Tau Province, Viet Nam. It will produce 1,350 tonnes/day of ammonia and 2,200 tonnes/day of urea.
Equistar Chemicals LP said it will extend the current outage at the olefins plant at Lake Charles, La., until market conditions improve. A 850 million lb/year ethylene unit was taken out of service Feb. 17 because of reduced demand and escalating oil, natural gas, and utility prices.
Syntroleum Corp., Tulsa, and Tessag INA said they have agreed on design changes for Syntroleum's Sweetwater gas-to-liquids project under development in Australia. The companies can now finalize the engineering, procurement, and construction contract. Enron Corp. and Ivanhoe Energy Inc. have each acquired 13% of the 10,000 b/d demonstration plant, said Syntroleum.
