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Fabrizio Di Amato

Chairman and Majority Shareholder

Born 1963. A graduated in Political Sciences from La Sapienza University of Rome, he is the Chairman of Maire Tecnimont Group, one of the main engineering contractors in oil & gas and petrochemicals in the world.

He began his career as an entrepreneur at the age of 19 by setting up his first company with three employees. He built up the Maire Tecnimont Group over three decades through a process of internal growth and acquisitions. In the first 20 years he laid the basis for the development of a midsize civil engineering group mainly operating in the Italian market.

In 2004, he acquired Fiat Engineering from Fiat Group. In this way the Group switched to general contracting, with a specific focus on power generation and transportation infrastructure, and reinforced its international footprint. At the end of 2005, by completing a second major acquisition, that of Tecnimont from Edison, Mr Di Amato expanded the Group’s activities to the oil, gas and petrochemicals business, with a network of subsidiaries and branch offices operating worldwide.

The acquisition of Tecnimont was ranked as the second most important transaction of merging and acquisition in Italy, receiving the Award KPMG M & A in 2006. In 2007, Maire Tecnimont has completed the IPO for the listing in the Milan Stock Exchange; in the same year the acquisition of 100% of the Indian subsidiary Tecnimont Private Limited (formerly TICB) has been completed. Today, in Mumbai, Tecnimont India has over 2,000 employees and is the second engineering hub of the group, together with Milan. This is a unique example of integration and complementarity of technical excellences coming from two different countries and cultures.

In 2009 and 2010 other two important acquisitions have increased the technological content of the Group: the Dutch Stamicarbon - global leader in urea technology - and the Italian KT-Kinetics Technology - main process engineering contractor in the oil&gas sector.

Today, Maire Tecnimont Group is one of the major European players in the engineering & contracting, active on the global energy markets. The Group is able to apply a flexible business model that provides advanced skills in licensing, engineering services, engineering and procurement and in EPC (Engineering, Procurement, Construction). The Group operates through 50 companies in 40 countries and has a turnover of 2.5 billion euro. The Group owns more than 1,000 individual patents, having 30% market share in terms of installed capacity of polyolefin plants licensed from third parties (with peaks of 40% in the LDPE segment). The Group is also market leader (54%) in the licensing of urea technology and has recognized competences in technologies for the production of hydrogen, sulfur recovery and Tail Gas.

As references, Maire Tecnimont has realized the largest gas treatment plant in Abu Dhabi and recently has been awarded the most important contract on its history (3.9 billion euros) for a gas treatment plant in the Amur district in the Far East region of the Russian Federation, close to the border with China. The Group delivered more than 250 plants for the production of urea and 140 polypropylene and polyethylene plants in the world. Maire Tecnimont has over 8,000 professionals all over the world.

Fabrizio Di Amato plays an active role in the Italian engineering industry: from 2009 to 2011 he was President of Animp (Italian Association of Industrial Plant Engineering). In 2008 he promoted the concept of a unique representative body for the whole engineering and contracting industry through Federprogetti (the Federation of Italian plant industries), of which he was founder and served as President until May 2015. He is member of the Executive Committee of the Association of Joint Stock Companies incorporated in Italy (Assonime) and last 12 June 2017 has been appointed Vice President with reference to Energy, Clusters, Supply Chains and Research Studies of Assolombarda, entrepreneurial Association of Milan Province.

In May 2016, he was awarded the decoration of “Cavaliere del Lavoro” by the Italian President of the Republic, Sergio Mattarella.

CV - Fabrizio Di Amato
Last update: 21/03/2019 14:07