Petrochemical deal for ABB

ABB has received a $30m order from Latin America’s largest petrochemical producer to implement maintenance and performance improvements at six petrochemical plants in Brazil.

ABB will take over maintenance of instrumentation, rotating and electrical equipment at Braskem’s basic petrochemicals and vinyl units in Camacari, in the state of Bahia.

The two-year, renewable contract includes both fixed payments and a variable bonus linked to the reliability of production processes and cost reductions. Key performance indicators will track variables such as reduction in materials consumption and production gains.

A team of performance specialists from ABB units in Brazil, the United States and the United Kingdom will carry out key analysis, engineering and planning activities in consultation with Braskem. In addition, a staff of some 300 ABB service professionals will work full time at the Braskem sites.