Ethylene XXI Construction Moves to a New Stage
CHEMMONITOR.COM– The Braskem-Idesa joint venture (JV), formed by Braskem, company with HQ in Brazil, and a Grupo Idesa – a Mexican petrochemical group, initiated the implementation of its project in Veracruz (Mexico).
The construction will be managed by the French company, Technip, and is planned to be finished in 3 years. Its partners are the Brazilian conglomerate, Odebrecht, and the U.S. based international firm, Fluor.
The complex will consist of several units. The main ones are: an ethylene cracker, 2 high density and 1 low density polyethylene facilities.
The cost of the engineering, procurement and construction (EPC) contract is nearly USD 2.68 billion.