Technip wins FEED contract for Sasol's planned ethane cracker

Technip (TNHPF.PK, TKPPY.PK) wins a contract to supply its ethylene technology and front-end engineering design for Sasol's (SSL) planned cracker in Louisiana, which is expected to produce ~1.5M tons/year of ethylene.

Technip’s operating center in Houston will execute the FEED project, which is scheduled for completion by the end of this year.

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