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Tecnicas Reunidas awarded EPC contract for 1.5-MMt/y PTA plant in Turkey

February 24/2021

MOSCOW (MRC) -- Tecnicas Reunidas S.A. (TR; Madrid, Spain) and SASA Polyester have entered into a contract for the execution of a new petrochemical project for the production of PTA (Purified Terephtalic Acid) in Adana, Turkey, said Chemweek.

The new plant will have a capacity to produce 1.5 million metric tons per year (m.t./yr). The project was announced at the end of 2020.

Total project investment was estimated by the client at USD935 million. This amount includes the value of the contract of Tecnicas Reunidas. The scope of the contract includes engineering, procurement and construction supervision and management (EPCM). The contract has already been launched and will be executed under a fast track scheme.

The project has a high compromise regarding environmental and social compliance, compiled in the ESIA Report (Environmental and Social Impact Assessment) approved in November 2020, that Tecnicas Reunidas will observe during the project development. Juan Llado, Chairman of Tecnicas Reunidas commented: Tecnicas Reunidas is uniquely placed to leverage on its engineering and technical expertise and its solid petrochemical track record to play a significant role in the growth of this industry in Turkey. We look forward to delivering this project safely and sustainably and we are extremely honored to participate in this significant development for Turkey, a country where our company is fully committed. We also look forward to participating in the economic development of the Adana province, boosting the local supply chain, optimizing distribution and therefore achieving a significant reduction in the carbon footprint."

As per MRC, INVISTA Technology and Licensing Group, INVISTA Performance Technologies (IPT), and SASA Polyester Sanayi A. S. (SASA) reached an agreement on August 25 to license IPT's P8 technology for SASA's TPA plant project in Adana, Turkey. With an annual output of 1.5 million tonnes of TPA, this will be the largest single-line unit used under the INVISTA license.

PTA is used to produce polyethylene terephthalate (PET), which, in its turn, is used in the manufacturing of plastic bottles, films, packaging containers, in the textile and food industries.

According to MRC's ScanPlast report, Russia's estimate PET consumption reached 61,110 tonnes in November 2020, up by 1% year on year. Overall PET consumption in Russia reached 648,110 tonnes in the first eleven months of 2020, down by 18% year on year.
Author:Anna Larionova
Tags:PET-granulate, terephthalic acid, PET bottles, PET films, PET preforms.
Category:General News
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