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Daelim-Hitachi consortium win the contract to supply core facilities of Thermal Power Plant

Daelim Industrial – Hitachi consortium signed a contract to supply two boilers which are core facilities to 9th and 10th units of Taean Thermal Power Plant with Korea Western Power at Grand Intercontinental Hotel on February 10, 2012. Total project volume reaches KRW565.1 billion, of which Daelim accounts for KRW356.6 billion. At the signing ceremony, more than 40 executives and staff including Moon-Duk Kim, CEO of Korea Western Power, Hong-Chun Park, Head of Daelim’s Plant Division, and Kanda, Director of the headquarters of Hitachi, attended.

The coal-fired 9th and 10th thermal power plants will be constructed in Taean-gun, Chungcheongnam-do, and each of them boasts Korea’s largest power generation with 1,050MW. Prior to this, Daelim had signed a contract to supply core facilities to 9th and 10th units of Dangjin Thermal Power Plant with over 1,000MW power generation in June 2011.

 

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Chiyoda to expand its regional operation in Singapore and South-East Asia

Chiyoda Corporation announces that Chiyoda Singapore, a 100% subsidiary of Chiyoda Corporation, has been awarded an EPC Contract for Infineum Singapore Pte Ltd. for the new manufacturing facility at Pulau Ayer Chawan, Jurong Island. The facility is to produce saliycylate, a unique detergent component, which is a critical part of Infineum's highly differentiated top-tier passenger car and heavy duty oil formulations, and its marine additive product slate.

For details please click 'Chiyoda to expand its regional operation in Singapore and South-East Asia'

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Shaw Awarded Contract to Revamp Residue Fluid Catalytic Cracking Unit in Thailand

BATON ROUGE, La.--(BUSINESS WIRE)--Feb. 6, 2012-- The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a contract to provide the technology license and process design package for the revamp of a residue fluid catalytic cracking (RFCC) unit for Star Petroleum Refining Company in Map Ta Phut, Thailand. The design will upgrade the 40,800 barrels per day (bpd) RFCC unit by incorporating the latest advances in reactor system technology.

“Shaw was the original licensor of this RFCC unit, which first started-up in 1996,” said James Glass, president of Shaw’s Energy & Chemicals Group. “We are now upgrading the unit to incorporate the latest technology features and improve performance and profitability.”

Shaw jointly developed the proprietary RFCCU technology through an alliance with Axens and Total that began in the early 1990s. To date, Shaw and Axens have licensed 51 grassroots units and performed more than 200 revamp projects.

The Shaw Group Inc. (NYSE: SHAW) is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2011 annual revenues of $5.9 billion, Shaw has approximately 27,000 employees around the world.

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Clough-BAM Joint Venture awarded A$400 million Wheatstone LNG Project

Engineering and construction company Clough Limited (ASX:CLO) today announced that the BAM Clough Joint Venture has been awarded a contract by international oil and gas service company Bechtel, for the design and construction of the Chevron-operated Wheatstone Project LNG product loading facility and tug berths near Onslow, Western Australia. The contract is valued at approximately A$400 million.

The scope of work includes the design and construction of a 1.2 kilometre jetty with operations platform, a product loading platform with a single LNG and condensate load out berth, and associated piping modules and piping installation.

At peak, the contract will result in approximately 200 jobs, the majority of them in Australia. This includes 15 in the Pilbara region, 90 in Western Australia and 30 elsewhere in Australia.

Engineering, procurement and planning work for the project will commence in February 2012 with construction activities on site scheduled to start third quarter 2013. The project is scheduled for completion in fourth quarter 2016.

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Total consolidates its positions in Samsung-Total Petrochemicals Project in South Korea

Paris, January 27, 2012 – Total is consolidating its positions in petrochemicals in Asia with a new expansion and upgrading project for the Daesan complex in South Korea, which the Group owns with Samsung as part of the Samsung Total Petrochemicals 50/50 joint venture.  With costs approaching $1.8 billion, the project calls for the construction of a second aromatics1 unit and an ethylene-vinyl acetate (EVA) copolymer unit at the Daesan petrochemical complex.

The new aromatics unit will have a production capacity of around 1 million metric tons of paraxylene and 420,000 metric tons of benzene per year and will be completed by September 2014. Paraxylene is used to manufacture polyester, while benzene is used to produce petrochemical products such as styrene2.

With the completion of the aromatics unit in 2014 and the upgrade of existing paraxylene capacity in 2012, total paraxylene production capacity will be increased to 1.76 million metric tons.

 

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