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New awards for an overall value of approximately €200 MN in Maire Tecnimont’s technology-driven business

05.10.2022 - 07:57

Milan, 5 October 2022Maire Tecnimont S.p.A. announces that its main subsidiaries Tecnimont, KT-Kinetics Technology and Stamicarbon have been granted new awards for a total amount of approximately €200 million for licensing as well as engineering, procurement and construction (EPC) activities. These contracts have been awarded by leading international clients based in a wide spectrum of countries, from North America to the Far East. 

In particular, Tecnimont Private Limited, Tecnimont’s Indian subsidiary, has been awarded by Adani Group a Detailed Feasibility Study for a carbon capture unit to be implemented inside a thermal power plant located in Mundra, in India. The objective is to integrate a carbon capturing unit inside Adani’s currently operating thermal power plant, enabling the production of low carbon chemicals, such as urea and methanol. A task force combining Tecnimont Private Limited’s engineering capabilities with NextChem’s strong technological know-how will carry out the study.  

With these new awards Maire Tecnimont Group further confirms the strong geographical diversification of its backlog as well as the reliability of its technology-driven business model. Moreover, the award granted by Adani Group is a further testament to the Group's leadership in helping its clients implement effective decarbonization technologies today on a path to achieving their future ESG objectives.
 

Maire Tecnimont S.p.A.
Maire Tecnimont S.p.A., a company listed on the Milan Stock Exchange, heads an international industrial group that is a leader in the transformation of natural resources (plant engineering in downstream oil & gas, with technological and execution competences). Through its subsidiary NextChem, it operates in the field of green chemistry and the technologies to support the energy transition. Maire Tecnimont Group operates in about 45 countries, through approximately 50 operative companies and about 9,300 people. For more information: www.mairetecnimont.com.

 

Group Media Relations
Carlo Nicolais, Tommaso Verani,
Tel +39 02 6313-7603 
mediarelations@mairetecnimont.it
      
Investor Relations
Riccardo Guglielmetti
Tel +39 02 6313-7823
investor-relations@mairetecnimont.it