CTCI-McDermott win EPC contract from Exxon Mobil-Sabic's GCGV
JV of America- and Taiwan-HQ'd contractors to build MEG project within GCGV's downstream complex in Texas
A joint venture of McDermott and Taiwan-headquartered engineering and construction company CTCI has won an engineering, procurement, and construction (EPC) contract from Gulf Coast Growth Ventures (GCGV) – which is jointly owned by Exxon Mobil and Saudi Arabia's Sabic – to work on a monoethylene glycol (MEG) project within the American downscale complex in San Patricio County, Texas.
GCGV acquired environmental permits for its downstream project in June 2019.
The MEG project's completion, expected in 2022, will result in the production of 1.1 million tonnes per annum of the material.
Commenting on the contract, group chairman of CTCI, John T Yu, said: “With this project, CTCI extends its service upward to front-end engineering design.
“CTCI leverages its equipment modularisation experience to that of the whole plant, a milestone for our modularisation technology," he added, according to Construction Week's sister title Refining & Petrochemicals Middle East.