Technip Awarded Technology and Engineering Contract for Sasol’s Ethane Cracker in Louisiana

  Technip Awarded Technology and Engineering Contract for Sasol’s Ethane
  Cracker in Louisiana

Business Wire

PARIS -- October 16, 2013

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by Sasol a
contract to supply its proprietary ethylene technology and front-end
engineering design (FEED) for a world-class grassroots ethane cracker. This
cracker, to be located at Sasol’s Lake Charles site in Louisiana, USA, will
produce an estimated 1.5 million tons per annum of ethylene.

Technip’s operating center in Houston, Texas, will execute the FEED project,
which is scheduled for completion by the end of 2013

Stan Knez, Technip’s Senior Vice President, Process Technology, commented: “We
are pleased that Sasol selected our technology for this world-scale cracker,
which will benefit from the current low US natural gas prices and abundance of
ethane. As the largest ethylene licensor and contractor, Technip is proud to
support Sasol’s objectives to expand its downstream business in the US.”


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