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CTCI Secures an EPC Project with McDermott, Creating Thousands of Job Opportunities in the U.S.
Taipei, TAIWAN—CTCI, Taiwan’s largest EPC contractor, has recently secured an EPC Project in the southern United States by forming a Joint Venture, CTCI McDermott Integrated (CMI), with McDermott. Final investment decisions for this project are pending receipt of environmental permits.
As the project, located on the U.S. Gulf Coast, moves forward, thousands of local job opportunities will be created.
CMI has executed the front end engineering design (FEED) contract for the same plant in 2017. Pending receipt of environmental permits, the project is expected to be completed by Q1 2022.
Consistent with comments from CTCI’s Group Chairman at the contract signing ceremony; this project is of utmost importance to both CTCI and McDermott. Both CTCI and McDermott are confident that their strong performance demonstrated during the FEED phase will extend through the EPC phase. This includes achieving “No Hurts”, delivering a high quality product that both CTCI and McDermott are known for as well as meeting the schedule.