Two of the three prequalified engineering, procurement and construction (EPC) contractors – Taiwan-based CTCI and Japan’s Toyo Corporation – are understood to have priced the lump-sum turnkey (LSTK) contract, covering a 250,000-tonne-a-year (t/y) BTX plant and a 60,000-t/y butene-1 facility, with CTCI understood to have submitted the lowest revised price (MEED 17:3:06).

YanSab is also understood to have approached other international EPC contractors working on the complex to price the work on a cost-reimbursable basis. They are: the US’ Shaw Group, which was recently awarded the complex’s high density polyethylene (HDPE) package; Oslo-based Aker Kvaerner, which was last year awarded the LLDPE package; and the complex’s project management consultant, Foster Wheeler, of the US (MEED 10:2:06).

A decision on whether to proceed with the project is expected to be taken by the end of April.

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