Technip Awarded Contract to Supply Proprietary Furnace Technology and Services in Russia

  Technip Awarded Contract to Supply Proprietary Furnace Technology and
  Services in Russia

OJSC Kazanorgsintez renews its trust in Technip, the world’s largest ethylene
                           licensor and contractor

Business Wire

PARIS -- February 17, 2014

Regulatory News :

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by Open Joint
Stock Company (OJSC) Kazanorgsintez^(1) a contract to provide technology and
services for a grassroots furnace at Kazan, Republic of Tatarstan, Russia. The
project consists of the engineering and procurement of an SMK™ double-cell
cracking furnace. This is preferred for cracking high-capacity, low-cost
ethane and propane gas feedstock.

In the framework of the cracking furnaces replacement program of
Kazanorgsintez, the project follows the successful start-up and operation of a
Technip SMK™ double-cell cracking furnace supplied in 2007. The furnaces are
part of the ethylene plant at the site, with the output used as feedstock for
other downstream units.

Technip’s operating center in Zoetermeer, The Netherlands, will execute the
project, which is scheduled for mechanical completion in 2015.

Stan Knez, Technip’s Senior Vice President, Process Technology, commented: “We
are pleased that Kazanorgsintez has selected again Technip’s SMK coil
technology for this new furnace. With more than 100 installations around the
world, this technology is recognized for giving clients reliable, flexible and
highly selective solutions to improve operational efficiency.”

Technip has widened its range of services and has reinforced its leadership in
the downstream business since the acquisition of Stone & Webster process
technologies in 2012.


Fast facts

Furnace:

- A furnace is an enclosed structure in which material is heated to high
temperatures to produce ethylene and other products. This occurs in two
sections. In the radiant section, the tubes receive heat through thermal
radiation and the pyrolysis reaction (cracking) takes place. In the convection
section, the flue gas is cooled to deliver high thermal efficiency by
recovering the remaining heat.

SMK™:

- Technip’s proprietary coil technology used in a furnace.

- Enabling selectivity optimization to obtain very large capacity furnaces

- The largest capacity furnace in the world uses SMK™ technology and has a
capacity of 210,000 tons per year of ethylene per furnace cell.

More information on:

http://www.technip.com/en/our-business/onshore/ethylene

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^(1) OJSC Kazanorgsintez is one of the largest chemical industry companies in
Russia.

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Technip is a world leader in project management, engineering and construction
for the energy industry.
From the deepest Subsea oil & gas developments to the largest and most complex
Offshore and Onshore infrastructures, our 38,500 people are constantly
offering the best solutions and most innovative technologies to meet the
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Contact:

Technip
Public Relations
Floriane Lassalle-Massip, Tel. +33 (0) 1 47 78 32 79
or
Laure Montcel, Tel. +33 (0) 1 49 01 87 81
E-mail: press@technip.com
or
Investor and Analyst Relations
Kimberly Stewart, Tel.+33 (0) 1 47 7866 74
E-mail: kstewart@technip.com
or
Website http://www.technip.com
 
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