(hydrocarbonprocessing) -- A consortium of Toyo Engineering and Egypt's state-run ENPPI has won a USD600 million contract to build a 460,000 tpy ethylene plant and a 20,000 tpy butadiene extraction plant as part of Ethydco's petrochemical complex to be established in Alexandria, Egypt.
This will be Toyo's second ethylene plant in Egypt after 300,000 tpy ethylene plant was completed in 2001 for Sidi Kerir Petrochemicals Co. (SIDPEC), the company said.
Toyo and ENPPI, based on the advanced ethylene technology of Lummus Technology of US, will execute the EPC and commissioning under a lump-sum turnkey contract.
Toyo will lead the entire project execution, undertaking project management, basic engineering, a part of detailed engineering, and procurement of key equipment, it said.
ENPPI will be in charge of joint project management, detailed engineering and procurement of other equipment and materials. The plant is scheduled for start-up in early 2015.
Reflecting growing demand for petrochemical products under economic growth in the country, the Egyptian Government in 2001 announced a 20-year petrochemicals master plan to develop the industry under the sponsorship and supervision of the Egyptian Petrochemicals Holding Co. (Echem).