SquareOne Energy taps CTCI Americas as lead EPC contractor
SquareOne Energy, LLC has engaged CTCI Americas, Inc. (CTCIA) as lead engineering, procurement, and construction (EPC) contractor for its Paulsboro, New Jersey used oil recycling facility. The facility will be built on an active refined products terminal site owned and operated by PBF Logistics LP and PBF Energy Inc. By leveraging the advantages of the existing infrastructure, SquareOne expects the facility to be operational in the first half of 2024.
CTCI Americas is currently working to finalize SquareOne’s FEL-2 engineering process for the Paulsboro facility and will serve as the company’s EPC lead through the initiation of turnkey operations, providing both a fixed price and performance guarantee.
The Axens Group, a worldwide leader in refining, renewables, recycling and petrochemical technologies, will license its existing designs for the front-end pre-treatment facility and hydrocracker unit at the Paulsboro plant.
“We are very excited to partner with CTCIA as the EPC lead for our initial facility. CTCIA’s extensive experience at the forefront of advanced, large-scale industrial development is the ideal partner to ensure execution excellence. Our agreement with CTCIA is a meaningful step on our path to commence operations, which remains on track for early 2024.”
“CTCIA brings an experienced EPC team of engineers, designers, supply chain, and project management to the SquareOne Energy sustainable ULSD and Group III base oil plant. As part of our strategic focus, CTCIA has engaged in several sustainable and renewable fuel/lubricant projects and is excited that SquareOne Energy has selected CTCIA to help bring this project to successful operation,” said Patrick Jameson, chief executive officer and president of CTCIA.