SK E&C

INEOS has awarded SK E&C the Front End Engineering & Design (FEED) contract for a 750ktpa propane dehydrogenation unit at its Antwerp site in Belgium, part of a €3 billion investment. The plant is due to come on stream in 2023.

TechnipFMC, as consortium leader with SK E&C, was awarded a contract by Long Son Petrochemical Co. (LSP) for engineering, procurement, construction, and commissioning of a 950,000-tonne/year ethylene plant at LSP's $5.4 billion complex on Long Son Island, Vietnam. TechnipFMC's portion is valued between $500 million and $1 billion.

SK E&C and Technip each won a $1 billion contract from Long Son Petrochemical to build an ethylene plant at the Long Son petrochemical complex in Ba Ria-Vung Tau, Vietnam. The total contract value is $2 billion.