LONDON — Amec Foster Wheeler has been awarded a $604 MM engineering, procurement and construction (EPC) fixed price contract for part of a $1.85 B methanol plant being developed by Yuhuang Chemical Inc (YCI), a US-based subsidiary of China’s Shandong Yuhuang Chemical Company Co. Ltd.
The first phase of the project, which includes the construction of a 1.8 MMtpy methanol plant, is being built at YCI’s 1,300-acre site in St. James Parish, Louisiana.
The contract follows the completion of an earlier phase of work at the plant awarded to Amec Foster Wheeler in 2015, covering engineering, project management, procurement and early construction services. The Power & Process business has executed $3 B of lump sum EPC work in the last 3 yr.
In this latest contract award, Amec Foster Wheeler will carry out specific infrastructure and utilities engineering work, the procurement of bulk items and selected tagged equipment, and the construction of the methanol plant.
In line with the full notice to proceed, $604 MM will be added to the Company’s order book in the second half of the year.