Engineering group Maire Tecnimont wins new contracts worth €118m

29 October 2013 14:08  [Source: ICIS news]

LONDON (ICIS)--Maire Tecnimont has been awarded €118m-worth ($164m) of new contracts for work in the oil and gas, petrochemicals and fertilizer sectors, the Italy-based engineering group said on Tuesday.

The awards relate to projects mainly in Europe, the Middle East and central/eastern Asia, Maire Tecnimont said.

“In particular, the group has consolidated its presence in Azerbaijan through a number of technology licensing, engineering and procurement services awards granted by a major local oil and gas player, related to fertilizer and polyolefin plants in the industrial site of Sumgayit,” the company said in a statement.

“Furthermore, contracts have been awarded by a major global licensor for engineering services related to two EVA [ethylene vinyl acetate] plants in Shanghai and Yangzi [in China].”

The contracts were awarded through Maire Tecnimont subsidiaries Tecnimont S.p.A., KT - Kinetics Technology S.p.A and Stamicarbon BV.

Maire Tecnimont did not disclose the names of any specific companies that it would be working with.

($1 = €0.72)

By: Graeme Paterson
+44 20 8652 3214

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