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Technip Awarded Contract to Provide Basic Engineering and Proprietary Equipment for Furnace Project in Saudi Arabia

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PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded a contract by CTCI(1) to provide basic engineering and proprietary equipment for a grassroots ethylene cracking furnace at the Saudi Kayan(2) petrochemical complex in Jubail, Saudi Arabia. The furnace design will be based on Technip’s proprietary USC® furnace technology. Technip was awarded this project for its best proposal and because of its high-capacity, high availability, gas cracking a


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