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Awards for an overall value of approximately USD 90 million in the technology-driven core business

04.09.2019 - 07:23

Milan, 04 September 2019

Maire Tecnimont S.p.A. announces that some of its main subsidiaries have been granted several awards for a total amount of approximately USD 90 million for licensing, engineering services, EP (Engineering–Procurement) and EPC activities.
These contracts, awarded by some of the most prestigious international clients, have been granted mainly in the Russian Federation and Europe. 
In particular, Tecnimont S.p.A., through its affiliate OOO Tecnimont Russia, has been awarded a Lump Sum contract by OOO Stavrolen, a subsidiary of PJSC Lukoil ("Lukoil"), for the engineering design, procurement and construction activities for the revamping of a compounding line of the existing Polyethylene units within its petrochemical complex in Stavropolskiy Region, in the Russian Federation. 
Other projects have been awarded in Oil and Gas Refining e Fertilizers.
Pierroberto Folgiero, Maire Tecnimont Chief Executive Officer, commented: “These awards confirm our focus in the technology-driven core business. In particular we are really glad to consolidate our cooperation with Lukoil, leveraging our strong capabilities in carrying out revamping projects, as part of our business strategy.” 


Maire Tecnimont SpA
Maire Tecnimont S.p.A. is a company listed with the Milan stock exchange. It heads an industrial group (the Maire Tecnimont Group) that leads the natural resources processing sector (plant engineering in the oil&gas downstream industry, with specific technological and execution capabilities). Through its subsidiary NextChem the Group operates in the field of Green Chemistry and technologies supporting the energy transition. The Maire Tecnimont Group operates in approximately 45 different countries, numbering around 50 operative companies and a workforce of more than 6,100 employees, along with approximately 3,000 additional Electrical & Instrumentation professionals. For more information: www.mairetecnimont.com.

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