Amec Foster Wheeler Secures $604 Million EPC Contract for Yuhuang’s Chemical Plant, Louisiana
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Amec Foster Wheeler has won a $604m engineering, procurement and construction contract for a methanol plant in the US.
The contract was offered by Yuhuang Chemical (YCI), a subsidiary of China’s Shandong Yuhuang Chemical. Amec Foster Wheeler’s contract is part of the $1.85bn methanol plant construction plan.
The first phase of the project involves the construction of a 1.8 million tonne per annum methanol plant, which will built at the company’s 1300-acre site in St. James Parish, Louisiana.
Amec Foster Wheeler’s scope of contract includes the construction of the methanol plant, carrying out specific infrastructure and utilities engineering work, procurement of bulk items and selected tagged equipment.
Amec Foster Wheeler CEO Jonathan Lewis said: “I’m delighted that we have been entrusted to continue supporting YCI on the largest grassroots foreign direct investment by a Chinese company on the Gulf Coast of the United States.
“Winning this contract is a further demonstration of how we are leveraging our multi-market capabilities to better serve our clients, extend our presence in high-growth areas, such as the chemicals market, and contribute to the growth of our order book.”
As per the British engineering and consulting company, the contract reflects its strategy to grow in the chemicals sector, as the demand in the sector has been increasing.
It follows the completion of an earlier phase of work at the plant that was awarded to Amec Foster Wheeler in 2015. The contract included engineering, project management, procurement and early construction services.
YCI President Charlie Yao said: “We are very pleased to continue working with Amec Foster Wheeler to complete on time and budget the project in order to start the distribution of the IMPCA quality methanol produced at the plant in Q4-2019.”
Work at the methanol plant began in early January this year. The work is scheduled for completion in the last quarter of 2019. When completed, the facility will begin distributing methanol by rail, barge, ocean vessels and by trucks.
Last month, Amec Foster Wheeler had won framework contracts worth £4m from LLW Repository, a company that manages UK’s lower level radioactive waste. As per the contract, Amec Foster Wheeler will be the single supplier for hydrogeological and geological support and as one of the four suppliers for general technical support.
Source: Energy Business Review
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To stop by Yuhuang’s website, CLICK HERE
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