Drake & Scull International (DSI) has signed an engineering, procurement, construction and commissioning (EPCC) agreement with Carbon Holdings for Egypt’s Tahrir Petrochemical Corporation (TPC) project
Under the terms of the agreement, DSI will work with international consortium comprising Maire Tecnimont S.p.A. and Archirodon Group, diversified international contracting organisation, to undertake the activities related to the utilities and offsite facilities of the project, which is located at Suez Canal in Ain Sokhna.
The scope of work for DSI will encompass the complete outside battery limit (OSBL) construction works and civil works, including storage facilities and ancillary buildings for an approximate contract value of US$598mn, company sources said.
Egypt-based Carbon Holdings announced that it is aiming to commence construction of its US$5bn plus TPC project in 2015.
The project, which includes Egypt’s first naphtha cracker, is expected to create in excess of 20,000 jobs during the construction phase, Carbon Holdings said.
Once complete, the project will comprise a four million tonne-a-year naphtha cracker and related downstream facilities with the capacity to produce 1.4 million tonne-a-year polyethylene, 900,000 tonne-a-year propylene, 250,000 tonne-a-year butadiene, 350,000 tonne-a-year benzene and 100,000 tonne-a-year hexene-1.
In December last year, TPC had signed the EPC contract for the inside battery limit (ISBL) with Linde and SK ENC.
Khaldoun Tabari, CEO of Drake & Scull International, said, “DSI is pleased to be part of this international consortium delivering this vital project which will transform Egypt’s petrochemical sector. Egypt is our key market in North Africa and the project will enable us to further strengthen our position in the country where we already have a significant presence across the oil and gas, wastewater and water treatment and hospitality sectors.”
