Turnkey production facilities are referred to as project business or turnkey projects
in the extrusion industry.
BTEC is currently involved in a number of packaging and turnkey projects
, including development of a 160 megawatt gas-fired power generation plant in Peru for BPZ Energy, Inc.
Mr Pu continued, "In addition, the Company currently has a pipeline of more than ten BOT, transfer-operate-transfer ("TOT") and turnkey projects
and has entered into two arrangements to acquire existing BOT projects.
The business scope covers CMP, photomask, wafer and mask inspection, consumable spare parts, SOI wafers, LCD process and inspection equipment and materials; outsourcing service in tool manufacturing; clean room and MEP turnkey projects
, DI water, gas and chemical supply systems, waste water treatment systems, and facility monitoring and control systems.
CB&I executes on average more than 700 projects each year and is one of the world's leading engineering, procurement and construction (EPC) companies, specializing in lump-sum turnkey projects
for customers that produce, process, store and distribute the world's natural resources.