Technip Announces The Extension Of Its Successful PTA Alliance With BP To Acetic Acid

NES Global Talent

We know how important people are to a business. We understand what’s needed to match highly skilled technical and engineering candidates with some of the largest organisations and engineering projects around the globe.

Company Details

SOURCE Technip | 12 December 2016

Technip announces today that it has extended its successful exclusive PTA(1) Alliance with BP to Acetic Acid.

The Acetic Acid Alliance, relevant to FEL(2) 1 and 2 stages of fully owned and joint-venture projects developed by BP worldwide, builds on the existing long-standing PTA Alliance.

Technip, in the framework of the PTA relationship with BP, has engineered approximately 8 million tons per year of PTA capacity over a span of 20 projects.

Through its operating center in Rome, Italy, Technip is the exclusive provider of FEL services for BP PTA fully owned and joint-venture projects and ISBL(3) FEED(4) for PTA third-party licensing applications.

The Acetic Acid Alliance will be run out of the Technip center of Rome, Italy, where existing synergies with the PTA relationship will be exploited.

BP’s is a world leader in the Acetic Acid marketplace and provides state of the art technological suites with the Cativa XLTM process based on methanol carbonylation and the SaaBre™ process based on syngas.

Nello Uccelletti, President Onshore Offshore, Technip, stated: “The extension of the long lasting and value providing Alliance with BP in PTA to Acetic Acid proves that these relationships constitute win-win deals for technology Owners and Contractors. We look forward to reproduce in the Acetic Acid domain with BP the continuous improvement drive accomplished in the PTA sector.”

Charles Damianides, Technology Vice-President BP Petrochemicals, commented: "BP’s long-term alliance with Technip in PTA has been successful, and we look forward to replicating this success in the Acetic Acid business.”

(1)Purified Terephthalic Acid (PTA), in the form of white, crystalline powder, is a raw material for the production of polyester fibers and plastic materials.
(2)FEL: Front End Loading
(3)ISBL: Inside Battery Limit
(4)FEED: Front End Engineering Design

Related Jobs

Petrochemical/Specialty Chemical Sales Manager

United Arab Emirates, United Arab Emirates

My client is a leading Petrochemical manufacturing and distribution company with regional offices across Saudi Arabia.

Technology Engineer CFB

AFW Finland (Varkaus), Finland

Foster Wheeler Energia Oy is looking for a Technology Engineer (Fluidized bed processes and environmental products)

Commissioning Manager

Northern Ireland, United Kingdom

Quanta are looking for a Commissioning Manager for a new build Biomass plant in South Wales. The plant will use gasification technology, producing syngas to...
Top