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Technip awarded contract in Venezuela

French engineering company, Technip has been awarded by Polimerica, a company registered in Venezuela, a reimbursable contract to perform the front end engineering design (FEED) for a new ethylene plant.

The plant, which will have a capacity of 1.3 million ton/year, will be part of a new petrochemical complex to be built in Josè, Venezuela. The estimated overall investment for the complex will be around US$3.2 billion.



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