Technip Awarded a Services Contract for a New Petrochemical Plant in China

  Technip Awarded a Services Contract for a New Petrochemical Plant in China

Business Wire

PARIS -- June 21, 2013

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded a services
contract by BP Zhuhai Chemical Company Limited, a joint venture between BP and
Zhuhai Port Co. Ltd, for the execution of a new world-scale Purified
Terephthalic Acid (PTA)* plant at their Zhuhai site in the Guangdong Province,

Technip’s scope includes the management of the engineering, procurement and
construction services, executed by a team integrated with the client.

The new plant, with a capacity of 1,250,000 tonnes per year, will use BP’s
latest proprietary technology and is expected to come on stream at the end of

Technip’s operating center in Rome, Italy, will execute the contract.

This award falls within the framework of the on-going alliance between BP and
Technip for PTA and follows Technip’s completion of the Zhuhai 1 and 2 plants,
the Zhuhai 2 expansion project as well as the basic and front-end engineering
design for the Zhuhai 3 plant.


* Purified Terephthalic Acid (PTA) has the form of a white and crystalline
powder primarily applied as raw material in the production of polyester fibers
and plastic materials.


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