FBPCC awards acetic acid project to Aker Kvaerner

The project will be managed by AK Process, Aker Kvaerner’s European Process Business. The scope of work includes the front end and extended basic engineering for the core process plant, including implementation of BP Chemicals’ Cativaâ  process technology. When fully operational, the new plant will have a capacity to produce 300,000 tons per year of Acetic Acid.

 

Wim van der Zande, President of AK Process, said: "We are delighted to be working with FBPCC on this technically challenging project, which was won on the basis of cost-effective delivery and technical expertise. The project also reflects our flexibility to share work with our clients and their local service suppliers to ensure our services are fully focused on the areas where we can add maximum value."

 

Preliminary work on the project commenced mid April this year, and plant start-up is expected early in 2005.

 

Acetic Acid, one of the world's most important chemicals, is used in a variety of products from textiles to pharmaceuticals. Major applications are in the manufacture of Vinyl Acetate which has its main outlets in paints, adhesives and coatings.

 

Aker Kvaerner is also providing the front end engineering design (FEED) phase of a project to expand an Acetic Acid facility at Chongqing, in the Peoples' Republic of China, for the Yangtze River Acetyls Company Limited.

 

For further information:

Media
Vanessa Mourant, Aker Kvaerner, London, UK: Tel :
+44 (0)20 7339 1064

Tony Luetchford, Aker Kvaerner, Portsmouth, UK: Tel:
+44 (0)1489 611111

 

 

1. Aker Kværner ASA,  is through its subsidiaries and affiliates "Aker Kvaerner" a leading global provider of engineering and construction services, technology products and integrated solutions. Group activities span a number of industries, including Oil and gas upstream and downstream, Process, Pharmaceuticals, Metals, Power, Chemical Pulping, Environmental and Shipbuilding. Aker Kvaerner is a multi-local group of businesses with nearly USD 6 billion of annual revenues and around 30 000 employees in more than 30 countries. The Aker Kvaerner group consists of many legally independent entities, constituting their own separate identities. Aker Kvaerner is used as the common brand or trademark for most of these entities.

 

 

2. AK Process is a trading name of Kvaerner E&C UK Ltd, the legal entity responsible for the execution of the work.. AK Process is one of the core businesses of the Aker Kvaerner group in Europe. AK Process serves the chemicals and polymers, refining and onshore oil & gas industries. It provides the full life cycle of a project from concept studies, through to design, engineering, project management, delivery of process technologies, procurement, construction and maintenance services. As a pure project execution/EPC specialist, AK Process can provide customers with strategic 'one-off' services or full turnkey solutions under a single project management control.

We work with our customers in the development of major technological innovations, having participated in the conceptualisation and implementation of ideas, which are the foundation for world-class production facilities.