Hyundai Engineering & Construction Wins FEED Contract for Indonesian Petrochemical Complex
Participated from the First Stage of Petrochemical Complex Construction Planning and Development
Collaborated with Global Engineering Firm Toyo Engineering
Secured a Favorable Position for Future EPC Contract Awards
Location map of Indonesia CAP2-PKA A. / Provided by Hyundai Engineering & Construction.
View original imageHyundai Engineering & Construction announced on the 13th that it has won the Front-End Engineering Design (FEED) project for the second petrochemical complex being promoted by Chandra Asri, Indonesia's largest petrochemical company.
FEED is the feasibility review stage of the basic design for EPC ordering, and after the completion of the basic design, the selection of EPC (Engineering, Procurement, and Construction) contractors will proceed. It is a key step for establishing detailed construction plans for the CAP2-PKG A project in the future.
Hyundai Engineering & Construction will participate in the basic design in cooperation with the global engineering firm Toyo Engineering, and plans to jointly collaborate in the subsequent EPC contractor selection stage to pursue the contract.
The company explained that it is significant to have been recognized for its global competitiveness in the world construction market by participating from the initial planning and development stage of a world-scale petrochemical complex. The petrochemical complex (CAP2) is located in the Cilegon area, about 116 km west of Jakarta, the capital of Indonesia, and is expected to produce naphtha crackers, butadiene, polyethylene, polypropylene, benzene, and more.
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A Hyundai Engineering & Construction official said, "Despite the global economic downturn caused by COVID-19, our technological capabilities and know-how in the plant business sector have been recognized by Chandra Asri and Toyo Engineering, leading to the award of the basic design contract. We will do our best to also secure the EPC orders to be placed in the future."
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