Founding the Future
   

Project Title
MTBE Complex 
Project Location
GREECE 
Commencement/
Completion Date
1992 / 1993 
Client
LIGHT HYDROCARBONS PROCESSING S.A. 
Budget
 
Description
of Project
The objective was to establish the feasibility of installing - operating a grass-root 500,000 MTPA MTBE complex in Greece 
Description of services provided
Preliminary design and feasibility study for the MTBE complex including utilities and offsites facilities. The study carried out included the following:
Preliminary design
- Site selection
- Block Flow Diagram
- Estimation of Overall Heat & Material balance
- Estimation of Utilities, Offsites and other facilities
necessary
- Estimation of plot area requirements
- Licensor evaluation - selection
- Estimation of plant investment and operating cost
(with the contribution of Foster Wheeler Italiana and
Stone & Webster)
Feasibility study
- Assumptions & Parameters
- Financial Results (economic rates of return, forecasting profitability)
- Key points of analysis
- Summarized income statement
- Cash flows
- Investment appraisal
- Sensitivity analysis
Assistance on project implementation
Services included cooperation with the financial advisor - investment promotion consultant (Salomon Brothers), preparation of safety studies necessary for the acquisition of installation permits from the competent authorities, advice on Project strategy, etc. 

top of page