2006/6/19 ICA Fluor
ICA Fluor awarded $108 MM US contract by Indelpro to build a
petrochemical plant in Altamira, Tamaulipas
ICA Fluor, the industrial engineering company jointly owned by
Fluor Corporation and Empresas ICA S.A. de C.V., today announced
the signing of a contract with Indelpro, the leading
polypropylene production company subsidiary of Alpek, for
detailed engineering, construction, procurement and
pre-commissioning services of a second line of
polypropylene (PP) and the revamping of the existing propylene
splitter.
The project value for ICA Fluor is US$108 million dollars.
Located in Altamira, Tamaulipas, Mexico, the new plant will be
one of the largest and most modern facilities of its kind in the
world, using the Spherizone technology by Basell. The main raw
material used to produce PP is propylene (monomer), a gas
obtained from the primary processing of petroleum, which by
chemical reactions is transformed to polymer. The project has a
target completion date in December 2007.
Indelpro is a joint venture company
between Alpek, the petrochemical arm of
ALFA, the
Mexican industrial company, and Basell Polyolefins
(formerly
Montell), a worldwide leader in the technology and production of
polypropylene. Indelpro is located in Altamira Tamaulipas,
Mexico, where it operates a polypropylene plant with a current
production capacity of 240,000 tons per year.
ICA Fluor is the leading industrial engineering company in
Mexico, dedicated to the engineering, procurement, construction
and maintenance of industrial facilities in the oil and gas,
chemical, petrochemical, automotive, electricity, mining and
telecommunication industries.
Empresas ICA was founded in 1947. ICA’s principal lines of business are
construction and engineering; housing; and infrastructure
operations, including airports, toll roads, and municipal
services. For more information please visit www.ica.com.mx.
Fluor Corporation provides services on a global basis in the
fields of engineering, procurement, construction, operations, and
maintenance and project management. Now headquartered in Irving,
Texas, Fluor is a FORTUNE 500 company with revenues of $13.2
billion in 2005. For more information, visit www.fluor.com.
Indelpro http://www.indelpro.com/english/mision/inicio.html