Técnicas Reunidas, Spain announced in a statement that it has signed a US$ 264 million contract with YPF S.A. to upgrade of its Luján de Cuyo plant (Mendoza, Argentina).
The project will enable the facility to meet new fuel specifications and achieve significant environmental improvements.
YPF awarded Técnicas Reunidas in 2019 a contract for the cost estimation of the plant upgrade project under an “open book” scheme (FEED-OBE).
The Spanish company will now continue with a new contract for the engineering, procurement and construction management of the new hydrotreatment and hydrogen production units as well as various auxiliary systems.
The construction of modules and the electromechanical assembly of the new units will be carried out by AESA (a construction company of the YPF group). Técnicas Reunidas will team up with the customer for the supervision of these works.
The estimated project execution period is 40 months.