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Sittard, The Netherlands, February 26 – Stamicarbon, the Licensing and IP Center of Maire Tecnimont SpA, has signed two contracts for a new urea plant with Jiangsu Linggu Chemical Industry Co. Ltd., in the People’s Republic of China.  One is for the license, process design package and related services and the other for supply of the high-pressure proprietary equipment for the plant.

The plant will have a capacity of 2,700 metric tons per day of prilled urea and will be located in Yixing, Jiangsu Province, PRC.  Engineering work will be performed by China Chengda Engineering Company.  Start-up is planned for 2015.

The plant will use Stamicarbon’s Urea2000Plus™ technology, which features Stamicarbon’s unique Pool condenser and a high-pressure synthesis loop fabricated entirely in Safurex® stainless steel. Safurex® is the leading corrosion-resistant construction material for high-pressure urea equipment. Stamicarbon will directly supply the Safurex®-protected proprietary equipment to the customer.

Stamicarbon B.V.

Stamicarbon, the licensing and IP Center of Maire Tecnimont, is the global market leader in licensing of urea technology and services with more than 50% market share in synthesis and 35% market share in urea granulation technology. Stamicarbon has more than 60 years' experience in licensing its urea technology and services, delivering optimum environmental performance, safety, reliability and productivity at the lowest investment level. Over 250 urea plants are using its technology. In addition, it has completed over 90 revamp projects in Stamicarbon and non-Stamicarbon plants. Since 1947, Stamicarbon has been the world’s leading authority and innovator in the field of urea in close co-operation with research institutes, suppliers and customers.
Stamicarbon has offices in Sittard (The Netherlands), Beijing (China) and Moscow (Russia). For further information: www.stamicarbon.com

Maire Tecnimont SpA

Maire Tecnimont Group is a leading international player in engineering and construction, technology and licensing, and energy and ventures with a focus on plant industry for the hydrocarbons (oil and gas, petrochemicals, and fertilizers) and competences in power generation and infrastructure. The Group is listed on the Milan Stock Exchange and is present in over 30 countries, controls over 50 operating companies and has about 5,300 employees, half of whom are located abroad. At 31 December 2011 the Group reported revenues for €2.6 billion and a backlog of about €4.9 billion.
For further information: www.mairetecnimont.it.

For further information:

Stamicarbon B.V.                               

Mrs. Mieke Beaujean, Communication Manager            

Tel +31 46 423 7045                  

mieke.beaujean@stamicarbon.com