Three companies are expected to bid for the furnaces package, which is valued at about $100 million. They are Paris-based Technip, US-based ABB Lummus Globaland Germany’s Linde. The project is due to be completed in late 2004.

Qapco announced last October plans for the ethylene plant’s revamp. At the time, it also said that in parallel with the upgrade, its low density polyethylene plant would be debottlenecked, raising its capacity to 750 tonnes a day (t/d) from 600 t/d (MEED 12:10:01).