JBEK secures Dupont contracts

JBEK secures Dupont contracts

July 2003 Pump Industry Analyst Pump Company CHEMICALS MARKET PROSPECTS Index Abel 9 Alfa Laval 7,10,14,15 Ampco-Pittsburgh 15 Andritz 10 Armstr...

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July 2003

Pump Industry Analyst

Pump Company

CHEMICALS

MARKET PROSPECTS

Index

Abel 9 Alfa Laval 7,10,14,15 Ampco-Pittsburgh 15 Andritz 10 Armstrong 14 AxFlow 12 Baker Hughes 15 Bran+Luebbe 11 Cardo 7,10 Cardo Pump 7 Circulating Pumps 12 Cornell 9 Crane 10,15 Cryostar France 13 Dean Pump 6 DMW 15 Dover 15 Ebara 11,15 EMU 1 E/One 13 Europump 11 Flowserve 5,10,11,15 Fristam 14 Fybroc 6 Gardner Denver 15 Godwin Pumps 14 Gorman-Rupp 15 Graco 11,13,15 Grundfos 11,12,16 GUD Holdings 10,12,15 Hamworthy KSE 10,13 Howden 11 Howden Africa 11 Hydraulic Institute 11 Hyundai Heavy Industries 10,13,14 Idex 13,15 Ingersoll-Rand 15 ITT Fluid Technology 12 ITT Flygt 11 ITT Industries 11,15,16 Johnson Pump 8,10,13,15 Johnson Pump UK 12 KSB 10,11,12,15 Larox Flowsys 14 Layne Christensen 15 Levitronix 12 Lowara 11 Maag Pump Systems Textron 14 Met-Pro 6,13,15 Metso 10 Mitsubishi Heavy Industries 16 Mono Pumps 12 National Oilwell 15 Netzsch 12 Nikkiso 15 Pentair 1,15 Pfeiffer Vacuum 8 Precision Castparts 15 ProMinent 1 Pulsafeeder 12 Pursuit Dynamics 16 Putzmeister 11 Robbins & Myers 9,12,13,15 Roper Pump 9 Roper Industries 9,13,15 SandPiper 12 Schlumberger 15 Selwood 10,13 Sethco 6 Spirax-Sarco 15 SPP 16 SPX 10,11,12,13,15 Sterling Fluid Systems 16 Sterling SPP 16 Sulzer 10,15 Sulzer Pumps UK 11 Tecumseh 15 Teikoku Electric 15 Textron 10,15 Thomas Industries 10,15 Thyssen-Bornemisza Group 16 Torishima 10,15 Tsurumi 15 TwinPumps 1 United Technologies 15 VDMA 11,12 Versa-Matic 12 Viking Pump 12 Vogel 11 Watson-Marlow Bredel 12 Waukesha Cherry-Burrell 11 Weir 10,12,15 Wilo 1,11 Wisconsin Energy 15 Wood Group 10 WorldWater 15 Zenith 12

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UHDE TO SUPPLY NORWEGIAN ELECTROLYSIS PLANT Norsk Hydro has commissioned Germany’s Uhde GmbH to construct an 80 million chlor-alkali electrolysis plant in Rafnes, Norway. Uhde will build the plant on a turnkey basis, with completion set for June 2005. The plant will have a capacity of 130 000 tonnes per year of chlorine and 146 000 tonnes per year of caustic soda solution.

BOREALIS UPS BORSTAR CAPACITY Borealis is investing 200 million in a new 350 000 tonnes per year polyethylene plant and in a 90 000 tonnes per year expansion of the existing Borstar polypropylene plant at its petrochemical facility in Schwechat, Austria. When the new Borstar polyethylene plant comes on stream in 2005, Borealis will phase out two old LDPE lines and a HDPE line at the Schwechat site, increasing net capacity of polyethylene by 150 000 tonnes per year.

JBEK SECURES DUPONT CONTRACTS JBEK, a 50/50 joint venture between Aker Kvaerner and the US-based contractor BE&K, has secured three partnership contracts for DuPont plant sites in the USA and Europe. The first contract, worth US$75 million, is for full service engineering and design and will cover capital projects, site engineering and

related project services at facilities in the southeastern and northeastern USA. A second US$14 million contract is for maintenance and reliability improvement services for seven DuPont plant sites in the southeastern USA and the Texas Gulf Coast. The third US$15 million contract will cover capital projects, engineering and design, site engineering and design for projects in Germany and Luxembourg.

PETROCHEMICALS CHIYODA/TEC CONSORTIUM WINS RUSSIAN EPC CONTRACT Sakhalin Energy Investment Co Ltd has awarded Japan’s Chiyoda Corp and Toyo Engineering Corp and their Russian partners an engineering, procurement and construction (EPC) contract for the grass-roots Sakhalin Liquefied Natural Gas plant in the Russian Federation. The planned 9.6 million tonnes per year LNG plant will consist of two LNG trains, each with a production capacity of 4.8 million tonnes per year. The plant should be operational in 2007.

TECHNIPCOFLEXIP TO UPGRADE FURNACES Technip-Coflexip has been awarded two cracking furnace upgrade contracts using the company’s latest ethylene technology. The first contract is with Saudi Petrochemical Co to work on five existing gas cracking furnaces at its Al Jubail ethylene plant in Saudi Arabia. The contract involves

supplying Technip-Coflexip’s furnace technology, as well as engineering supply of all equipment, construction and start-up supervision. The project will be executed and managed from Technip-Coflexip offices in The Netherlands and in Saudi Arabia. The second contract, from China Petroleum Material & Equipment Corp, is for the upgrade of nine existing cracking furnaces at PetroChina Daqing Petrochemical Co’s ethylene plant in Daqing City, China. This contract will be executed from TechnipCoflexip’s Netherlands office.

TRINIDAD LNG TRAIN GETS THE GO-AHEAD The Trinidad and Tobago government has approved the proposed Atlantic LNG Train 4 project in Trinidad, keeping the US$1.2 billion liquefied natural gas (LNG) project on schedule for completion by the end of 2005. BP is the largest shareholder in the new plant (34%) as well as the largest supplier of gas for liquefaction at the plant. The company has identified Trinidad and Tobago as one of five new profit centres worldwide where it expects to significantly expand hydrocarbon production over the next five years. The other shareholders are British Gas (26%), Repsol (20%), National Gas Co of Trinidad (10%) and Tractebel (10%).

PULP & PAPER USFILTER CONCENTRATES ON CHINA Veolia Environnement’s USFilter is to install a 1450 tons per hour black liquor concentration plant at a new pulp and paper facility in Southern China.