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Technip Energies awarded IOCL contract

Technip Energies awarded IOCL contract PARIS, 5 days ago Technip Energies has been awarded a large Engineering, Procurement, Construction and Commissioning (EPCC) contract by Indian Oil Corporation Limited (IOCL) for its Para Xylene (PX) and Purified Terephthalic Acid (PTA) complex project at Paradip, Orissa, on the East Coast of India. This EPCC contract covers the delivery of a new 1.2 MMTPA PTA plant and associated facilities. PTA is a major raw material used to manufacture polyester fibres, PET bottles and polyester film used in packaging applications. Marco Villa, Chief Operating Officer of Technip Energies commented: “We are pleased to be awarded another prestigious contract by Indian Oil Corporation Limited. We look forward to starting this significant project which illustrates our commitment to India – a core market for

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Michelin co-develops sustainable tires based on recycled PET - Canadian Plastics

Photo Credit: Stock.adobe Tire manufacturer Michelin and recycling technology supplier Carbios, both headquartered in France, have partnered in what’s being called a major step towards developing 100 per cent sustainable tires. According to Michelin, it has successfully tested and applied Carbios’ enzymatic recycling process for PET plastic waste, in order to create a high tenacity tire fibre that meets the tire-giant’s technical requirements. Carbios’ enzymatic recycling process uses an enzyme capable of depolymerizing the PET contained in various plastics or textiles (bottles, trays, polyester clothing, etc.). This innovation allows infinite recycling of all types of PET waste, and also allows the production of 100 per cent recycled and 100 per cent recyclable PET products, with the same quality as if they were produced with virgin PET.

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Technip Energies awarded EPCC for a new PTA plant

Technip Energies awarded EPCC for a new PTA plant 5/10/2021 Technip Energies has been awarded a large (1) Engineering, Procurement, Construction and Commissioning (EPCC) contract by Indian Oil Corporation Limited (IOCL) for its Para Xylene (PX) and Purified Terephthalic Acid (PTA) complex project at Paradip, Orissa, on the This EPCC contract covers the delivery of a new 1.2 MMTPA (2) PTA plant and associated facilities. PTA is a major raw material used to manufacture polyester fibers, PET bottles and polyester film used in packaging applications. Marco Villa, Chief Operating Officer of Technip Energies commented: “We are pleased to be awarded another prestigious contract by Indian Oil Corporation Limited. We look forward to starting this significant project which illustrates our commitment to

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Michelin Edging Closer To Making Tires From Recycled Plastic Bottles

Michelin Edging Closer To Making Tires From Recycled Plastic Bottles
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Maire Tecnimont awarded EPCC contract for IOCL s new para-xylene plant - Chemical Engineering

By Mary Page Bailey | April 26, 2021 Maire Tecnimont S.p.A. (Rome, Italy) announced that a consortium composed of its subsidiaries Tecnimont S.p.A. and Mumbai-based Tecnimont Private Limited has been awarded an EPCC (Engineering, Procurement, Construction and Commissioning) Lump-Sum contract by Indian Oil Corporation Limited (IOCL), for the implementation of a new Para-Xylene (PX) plant and the relevant offsites facilities. The plant will be located in Paradip, in the State of Odisha, in Eastern India. The overall value of the contract is about $450 million. The scope of work entails EPCC activities up to the Performance Guarantees Test Run. Once completed, the new PX plant will have a capacity of 800,000 metric tons per year (m.t./yr). The time schedule is 33 months for Mechanical Completion from the award date. The PX produced will be used to feed the adjacent PTA (Purified Terephthalic Acid) unit, thus ensuring availability of world-class feedstock that will provide a s

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