Nov 19, 2007

Imtech Wins Order for Spain Refinery Expansion

Cepsa recently designated Imtech N.V. its technology partner for the expansion of its La Rabida refinery in Spain's Huelva province. The order is worth approximately 55 million euro.

Imtech will be responsible for implementing the complete mechanical solutions for the expansion, which include: new crude and vacuum units, a Gascon unit and dozens of very large pressure vessels. Imtech will provide detailed engineering, project management, planning and execution for the entire processing system, piping, all metallic structures and static and dynamic components of the extension of the production plant. The company will produce some of the required materials at its "mechanical shop" in the Huelva branch.

The initial activities are already underway. Imtech expects to spend more than two years on this project, with an average of 400 people per month working on it. In combination with other current activities for Cepsa, such as long-term maintenance contracts for the Cepsa refineries in Algeciras and Tenerife, this order makes Imtech the primary subcontractor working for Cepsa.

As a result of the expansion, Cepsa's production capacity in Huelva will double to approximately 10 million tonnes of ready-to-use diesel products.

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