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Technip Energies passes final performance acceptance test for Long Son Petrochemicals olefins plant in Vietnam

Oct 01, 2024•over 1 year ago

Contract Type

partnership

EnergyOil And GasRenewable Energy

Description

Technip Energies has announced that the Long Son Petrochemicals Co., Ltd. (LSP) olefins plant in Long Son Island, Ba Ria-Vung Tau province, Vietnam, has passed its final performance acceptance test. The plant, which includes Technip Energies’ licensed ethylene technology, successfully started up at the end of 2023 and reached its full capacity shortly after the start-up. Bhaskar Patel, Senior Vice President, Sustainable Fuels, Chemicals & Circularity, expressed satisfaction with the achievement, highlighting its significance for Vietnam and the company’s expertise in improving energy efficiency through proven ethylene technology.

Company Information

Company

Technip Energies

About

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering. Operating in 35 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow. Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”) trading over-the-counter in the United States. For further information: www.technipenergies.com.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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