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CB&I wins $2.8bn Oman chemical plant contract

Chicago Bridge & Iron Company (CB&I),the energy infrastructure group,  said its joint venture with Taiwanese group CTCI Corporation has won a $2.8 billion contract from Oman Oil Refineries and Petroleum Industries Company (Orpic) to provide engineering, procurement and construction (EPC) services for its plastics industrial complex project.

With 125 years of experience and the expertise of 54,000 employees, Netherlands-based CB&I is a major player in the global infrastructure industry, while CTCI Corporation, founded in 1979 with headquarters in Taipei, is the largest EPC firm in Taiwan.

As per the contract, the CB&I venture will cover the Package One, which includes the steam cracker and associated utilities for the Liwa Plastics Industrial Complex Project in Sohar region, said a statement from the Dutch group.

The scope of work includes EPC for a grassroots 880-ktpa ethylene plant, pygas unit and MTBE (methyl tertiary butyl ether) unit, as well as all the related off-sites and utilities.

CB&I said its scope of work also includes the construction of cryogenic and atmospheric storage tanks and pipe spool fabrication.

As previously announced, the cracker will employ CB&I’s latest, proven ethylene technology, including highly selective SRT cracking heaters, and its innovative recovery section design, featuring low-pressure separation and mixed refrigeration, it added.

Commenting on the win, president and CEO Philip K. Asherman, said: “CB&I is pleased to have been selected for this significant project following the successful completion of the front end engineering and design of the Liwa Plastics Project for Orpic.”

“This new award builds upon the successful relationship between Orpic and CB&I and is a testament of our customer’s confidence in our experience and world-class project execution capabilities,” he added.

Source:  Trade Arabia