Press Releases - Contracts


Paris, January 10, 2006

Technip awarded contract by Total Petrochemicals for a demonstration MTO unit in Belgium

Technip has been awarded by Total Petrochemicals a turnkey contract for the construction of a demonstration unit at the petrochemicals complex at Feluy (Belgium). This unit will make use of the combination of the Methanol-to-Olefins (MTO) process developed by UOP/HYDRO and the Olefin* Cracking process (OCP) developed by Total Petrochemicals/UOP.

Through this project, Total Petrochemicals will demonstrate the industrial feasibility of a production of light olefins and more specifically of propylene from methanol that can be obtained directly from coal or gas. This project falls within the framework of a €40 million global investment on the site.

Technip’s operations and engineering centers in Antwerp (Belgium) and in Lyon (France) will participate in the design and construction of this unit.

This unit will have a fully modular design in order to shorten the construction delay and allow for a start up in 2007.

* Olefins: family of molecules including in particular ethylene and propylene, which constitutes the raw material allowing for the manufacture of many plastics.

 

With a workforce of more than 20,000 people, Technip ranks among the top five corporations in the field of oil, gas and petrochemical engineering, construction and services. Headquartered in Paris, the Group is listed in New York and Paris. The Group’s main operations and engineering centers and business units are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the USA, Brazil, Abu-Dhabi, China, India, Malaysia and Australia. In support of its activities, the Group manufactures flexible pipes and umbilicals, and builds offshore platforms in its manufacturing plants and fabrication yards in France, Brazil, the UK, the USA, Finland and Angola, and has a fleet of specialized vessels for pipeline installation and subsea construction.

 

Technip Public Relations

Laurence Bricq: Ph. +33 (0) 1 47 78 26 37 Fax: +33 (0) 1 47 78 24 33 lbricq@technip.com

Marina Toncelli: Ph. +33 (0) 1 47 78 66 69 Fax: +33 (0) 1 47 78 24 33 mtoncelli@technip.com

 

Technip Investor and Analyst Relations

G. Christopher Welton: Ph. +33 (0) 1 47 78 66 74 Fax: +33 (0) 1 47 78 67 58 cwelton@technip.com

Xavier d’Ouince:
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Technip trades under the symbol TKP on the NYSE and under the ISIN FR0000131708 on the Euronext.