Technip wins contracts

Technip wins contracts

PARIS (Reuter): French engineering group Technip said it had won contracts in Indonesia and India.

In Indonesia, it has been awarded a contract for the engineering and equipment supply for the construction of a polyethylene production line at Merak, 80 kms west of Jakarta.

The contract was given by Petrokimia Nusant Interendo (PT Peni) and the investment is worth US$150 million. PT Peni is a joint venture of BP Chemicals, Sumitomo and Mitsui as well as Indonesian investors.

In India, the group won a contract By the Indian Petrochemical Corp Ltd for the front-end engineering of a 40 percent expansion of its linear low-density and high-density polyethylene plant at its Maharashtra gas cracker complex in Nagothane.