ICA Fluor Awarded Contract to Build Petrochemical Plant in Mexico

ICA Fluor, the industrial engineering and construction company jointly owned by Fluor Corporation and Empresas ICA Sociedad Controladora, has announced it signed a lump sum contract with Indelpro, a polypropylene production company subsidiary of Alpek, for detailed engineering, construction, procurement and pre-commissioning services of a second line of polypropylene (PP) and the revamping of the existing propylene splitter. The project value for ICA Fluor is $108 million.

Located in Altamira, Tamaulipas, Mexico, the new plant will be one of the largest and most modern facilities of its kind in the world, using the Spherizone technology by Basell. The main raw material used to produce polypropylene is propylene (monomer), a gas obtained from the primary processing of petroleum, which by chemical reactions is transformed into a polymer. The project has a target completion date in December 2007.

Indelpro is a joint venture company between Alpek, the petrochemical arm of ALFA, the Mexican industrial company, and Basell Polyolefins (formerly Montell), a worldwide leader in the technology and production of polypropylene. Indelpro is located in Altamira Tamaulipas, Mexico, where it operates a polypropylene plant with a current production capacity of 240,000 tons per year.

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Posted 22/06/06

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