Milan, 28 April 2022 – Maire Tecnimont S.p.A. announces that its main subsidiaries KT-Kinetics Technology, NextChem and Stamicarbon have been granted new awards for a total amount of approximately €155 million for licensing as well as engineering, procurement and construction (EPC) activities. These contracts have been granted by prestigious international clients mainly in Europe and in the Middle East.
In particular, KT-Kinetics Technology has been awarded an EPC contract by Eni to implement two hydrogen production lines for the Venice biorefinery in Porto Marghera. The project’s main objective is to increase the availability of hydrogen of the biorefinery to meet the needs of the EcofiningTM (1) unit in terms of quality, quantity and availability itself, optimizing its energy efficiency. As part of a phased transition to the production of decarbonized hydrogen, the two units are designed to significantly reduce the emission of fossil CO2 into the atmosphere through the use of biogenic charges recirculated by the EcofiningTM unit.
With these new awards Maire Tecnimont Group further confirms the strong geographical diversification of its backlog and the capability of supporting its prestigious clients to ensure more efficient and environmentally better performing processes and products, thanks to its technology-driven DNA.
(1)The EcofiningTM system transforms raw materials of biological origin into high-quality biofuels.
Maire Tecnimont S.p.A., listed on the Milan Stock Exchange, heads an industrial group which leads the global natural resource processing industry (downstream oil & gas plant engineering, with technological and executive expertise). Its subsidiary NextChem operates in the field of green chemicals and technologies in support of the energy transition. The Maire Tecnimont Group operates in 45 countries, through 50 companies and about 9,100 people. For further information: www.mairetecnimont.com.
Group Media Relations
Carlo Nicolais, Tommaso Verani
+39 02 63137603
Tel +39 02 6313-7823