Press Releases - Contracts


Paris-La Défense, February 23, 2000

Technip: contract award for American Acryl's new plant in USA

TECHNIP, in association with the US PARSONS, signed a turnkey contract with AMERICAN ACRYL for the design and construction of a complex, including a 120,000-ton/yr acrylic acid plant and a butyl acrylate plant, together with related offsites and utilities, to be located at Bayport, Texas.

Worth about $150 million, the contract covers engineering, equipment supply and construction. The basic design has already been completed by PARSONS/TECHNIP. Construction work is scheduled to be completed by the end of 2001.

AMERICAN ACRYL is a 50/50 joint venture between NIPPON SHOKUBAI and ELF ATOCHEM.

The services awarded to TECHNIP within the framework of this project will be carried out by TECHNIP USA’s teams in Houston, with support from specialists on hand from Paris.

 

With a staff of about 10,000 people and annual revenues of nearly US $3 billion, TECHNIP ranks among the world's five biggest full-service engineering and construction groups working in the field of hydrocarbon and petrochemical facilities. The TECHNIP group, whose headquarters and main engineering center is located in Paris, also has major engineering centers in Italy, Germany, the USA, the Netherlands, Abu Dhabi and Malaysia. Its American affiliate, TECHNIP USA, with a staff of about 600 people, has engineering offices in Houston and Los Angeles.