Drake & Scull wins US$600 Million Egyptian contract

Posted on 13th May 2014

Drake & Scull International was awarded a US $600 Million contract by Egyptian Carbon Holdings for the new $5bn Tahrir Petrochemical Corporation (TPC) Complex at the head of the Suez Canal. The TPC petrochemicals complex includes a 4.4mn tonne per year (t/y) naptha cracker and related downstream facilities capable of producing 1.4mn t/y polyethylene, 90,000 t/y propylene, 250,000 t/y butadiene, 350,000 t/y of benzene and 100,000 t/y hexene-1.

Drake & Scull is part of a group that includes Maire Technimont and Archirodon Group that will be responsible for the engineering, procurement, construction and commissioning of all utilites and offsite facilites for the complex. EPC contractor for the building the main complex is Linde and South Korea's SK E&C, a contract that was signed in December 2013.

Drake & Scull's CEO Khaldoun Tabari said, "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 & gas, waste water and water treatment and hospitality sectors.”

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