Maire Tecnimont Group Awarded New Contracts for Approximately USD 280M

Maire Tecnimont S.p.A. announces that its subsidiaries Tecnimont, KT-Kinetics Technology and Stamicarbon have been awarded several new contracts for licensing, engineering services, engineering and procurement (EP) and engineering, procure-ment and construction (EPC) activities, for an overall value of approximately USD 280 million. These contracts have been granted by international clients mainly in North America and Latin America, Africa, and the Far East.

In particular, Stamicarbon, the innovation and license company of Maire Tecnimont Group, has been selected as the licensor for a major urea project in China. The plant’s capacity of 3,791 metric tons per day makes it the largest urea plant to be ever licensed by Stamicarbon in China.

Alessandro Bernini, Maire Tecnimont Group CEO, commented: “These new value-added, higher margins contracts further consolidate our Group’s positioning in the global natural resource transformation market and provide strong evidence of the resilience of our technology-driven business model, leveraging on our companies’ distinctive competencies.”