Wood will design the most innovative olefin complex in Europe


Wood has been awarded a new contract with INEOS worth over $100 million to provide engineering, procurement and construction management (EPCm) services for Project One, a new state-of-the-art petrochemical complex in Antwerp, Belgium , which will provide an ethane cracker with the lowest carbon footprint in Europe.

Effective immediately, the four-year contract will be executed by Wood’s Projects business unit. The scope focuses on the outer battery boundary facilities for the ethane cracker and follows the successful completion of the front-end engineering design of the facility. Wood’s integrated project management team will also continue to oversee the project, working closely with the INEOS project team.

Giuseppe Zuccaro, President of Process & Chemicals at Wood, said: “The chemical sector, like all industries, is charting its own course towards carbon neutrality. What Project One represents is the next era in the production of ethylene, a key component of most plastics. Thanks to the combination of technology and an innovative engineering design approach, this steam cracker will be the most durable and energy efficient in Europe.

“We are proud to have the opportunity to strengthen our strong relationship with INEOS by continuing to deliver on this major capital investment project, deploying the extensive petrochemical expertise of our global engineering and project delivery teams.

At its peak, Wood is expected to employ around 300 people on the project at its Reading and Milan execution centers, its global engineering center in India and at the Antwerp site during construction.

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