MEED: Bechtel to sign contract for Carbon Holdings’ Tahrir Petrochemicals Complex
Bechtel to sign deal for Egypt’s largest-ever petrochemicals project – Four separate EPC contracts have also been awarded.
US-based Bechtel is due to sign a contract in late June with Egypt’s Carbon Holdings for the $8bn Tahrir Petrochemical Complex (TPC) at Ain Sokhna, according to industry sources.
The contract will cover project management consultancy (PMC) for Egypt’s biggest-ever petrochemical project.
Four separate engineering, procurement and construction (EPC) contracts are also due to be signed in June.
The winners of these contracts are
- Germany’s Linde,
- Italy’s Maire Tecnimont and
- Greece’s Archirodon.
Tahrir Petrochemicals Corporation, owned by Carbon Holdings Limited which is split across three sites, and comprises a naphtha cracker, expected to be one of the largest in the world, associated derivatives units, and three polyethylene units.
Two additional polypropylene units at the existing Oriental Petrochemicals plant, a new port tank farm, and marine facilities will also be built as part of the project.
(Source: MEED – Middle East Business Intelligence)