Technip Awarded Engineering and Procurement Contract for Westlake Chemical’s Ethylene Plant Expansion in Louisiana

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded a contract by Westlake Chemical Corporation (NYSE: WLK) to provide detailed engineering and procurement services to expand the recovery section of Westlake’s Petro 1 ethylene plant at its complex in Sulphur, Louisiana, USA.

Technip’s operating center in Houston, Texas, USA, will execute the project, with support from the Group’s office in Mumbai, India.

Stan Knez, Senior Vice President, Technip Stone & Webster Process Technology, commented: "This award follows a series of Technip feasibility studies to help Westlake evaluate expansion options and development of the process design package and front end engineering design for the expansion. Technip is pleased to bring its extensive ethylene plant modernization experience and continue its involvement in bringing this important project to fruition."

Technip has widened its range of services and has reinforced its leadership in the downstream business since the acquisition of Stone & Webster process technologies in 2012.

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