Thai operator lets second FEED for proposed US ethylene complex
PTT Global Chemical (PTTGC), Thailand’s integrated petrochemical and refining company, has let a contract to a consortium led by Bechtel Enterprises Holdings Inc. to perform front-end services related to construction of the company’s proposed petrochemical complex in Belmont County, Ohio.
PTT Global Chemical (PTTGC), Thailand’s integrated petrochemical and refining company, has let a contract to a consortium led by Bechtel Enterprises Holdings Inc. to perform front-end services related to construction of the company’s proposed petrochemical complex in Belmont County, Ohio (OGJ Online, Apr. 22, 2015).
Along with partners JGC America and Samsung Engineering America, Bechtel will deliver front-end engineering and design (FEED) for the proposed project, which will include an ethane cracker and derivatives units designed to process gas feedstock from nearby Utica and Marcellus shale region for production of ethylene, high-density polyethylene, high-purity ethylene oxide, and monoethylene glycol, Bechtel said.
The service provider disclosed neither the value nor duration of the contract.
PTTGC previously awarded a contract to a consortium of Flour Corp., Technip SA, and SK Engineering & Construction Co., to provide FEED work on the planned petrochemical complex (OGJ Online, Sept. 4, 2015).
The Fluor-led team said it will complete FEED activities for the project in 2016.
On Sept. 3, Ohio Gov. John R. Kasich said PTTGC intended to invest $100 million to conduct detailed engineering design for the proposed project, which would be built in Belmont County, on the west bank of the Ohio River.
PTTGC also has signed an option agreement for key properties in Ohio’s Mead Township, where the complex would be built, said Supattanapong Punmeechaow, PTTGC’s president and chief executive.
The company plans take up to the next 12 months to determine evaluate the project’s feasibility.
If approved, construction on the project would take 3-4 years, Kasich said.
Final investment decision on the project is due sometime in 2016-17.
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