Milan, 18 February 2014 – Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont USA Inc. and FOSTER WHEELER USA CORPORATION have signed a collaboration agreement for front-end engineering design (FEED), detailed engineering, procurement and construction (EPC) of petrochemicals, chemicals and fertilizer facilities plants in the United States of America, Canada, and Mexico. Foster Wheeler and Tecnimont will collaborate in pursuing specific opportunities for new plants, and plant revamps. This collaboration aims to deliver clients significant added value, combining the world-class skills of both companies: Foster Wheeler with its global chemicals project track record and its reputation as a FEED and EPC contractor in North America, and Tecnimont’s track record in technology-driven chemicals sectors, including olefins and fertilizers and, in particular, its leading track record in polyolefins (polyethylene and polypropylene).

“This agreement represents a further step in the implementation of Maire Tecnimont Group’s strategy in the booming North American market,” said Pierroberto Folgiero, Maire Tecnimont Chief Executive Officer. “In this area the shale gas revolution is reshaping the geography of the global downstream industry and confirms the commitment of the group to be a proactive player in such a strategic market.”

Maire Tecnimont SpA

Maire Tecnimont S.p.A., a company listed on the Milan Stock Exchange, is the holding company of an international industrial group (Maire Tecnimont Group) leader in the sectors of Engineering & Construction (E&C), Technology & Licensing and Energy & Ventureswith specific skills in plant engineering in particular in the hydrocarbon industry (Oil & Gas, Petrochemicals, Fertilizers) and also in Power Generation and Infrastructures. The Maire Tecnimont Group is present in about 30 countries, has about 45 operating companies and about 4,300 employees, half of whom are located abroad. For further information: www.mairetecnimont.com.