Eastman Chemical Short-Lists E&C Firms for Major PET Expansion

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Eastman Chemical Company (NYSE: EMN) (Kingsport, Tennessee) is planning a major expansion of its West Columbia, South Carolina, polyethylene terephthlate (PET) plant, through the addition of a new unit. The unit will use Eastman’s new PET technology, called IntegRex, and will produce an estimated 350,000 metric tons per year, when complete in late 2006.

Eastman has established a short-list of lump-sum D+E+P+C/M contractors and plans to make a selection in Fall 2004, with an award expected in January 2005. The short-list of contractors includes Fluor Daniel Incorporated (Greenville, South Carolina), Lockwood Greene (Spartanburg, South Carolina), S&B (Houston, Texas), and BE&K (Newark, Delaware).

Some retrofits related to the OSBL and PTA (purified terephthalic acid) areas are expected to begin early next year, to support this nearly $100 million project. Eastman’s current onsite alliance contractor, Day & Zimmerman Incorporated (Greenville, South Carolina) is expected to provide engineering and construction services for this portion of the project.

Eastman indicates this new technology will reduce the cost of converting paraxylene through PET resin by 15% and will eliminate the need for a solid stating unit to produce bottle grade PET resins.

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