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Tecnimont awarded with new engineering services contracts from petrochemical sector

  47
 June 2, 2024

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Maire Tecnimont S.p.A., its subsidiary Tecnimont S.p.A., has been awarded $10,000 worth of technology-focused engineering services and feasibility studies for the petrochemical industry in Korea, the Russian Federation and India. In particular, Technimont signed a contract with one of Korea's leading energy and chemical companies for the development of front-end engineering design (FEED) for the high-pressure portion of a low-density polyethylene contract (LDPE) plant, as well as subsequent detailed engineering. Companies in the Asia-Pacific region are developing new grassroots petrochemical complexes. 

Thanks to its know-how, Maire Tecnimont holds a market-leading position in the engineering and construction of LDPE plants worldwide. The contract also includes two feasibility studies, one for the construction of a new polypropylene plant in India by Nordic Chemicals and the other for an additional acrylonitrile production line in the Russian Federation to be built by Lukoil Saratovogsnets. Piro Folgiero, CEO of Maire Tecnimont Group, said: "This award is proof that thanks to the current efforts of all our colleagues and the early use of the digital Advantage intelligent platform 'Maire Tecnimont our Group will continue to carry out activities. We utilize the Digital Advantage Smart Platform to ensure business continuity. 

The Group launched the Digital Advantage program in 2015 to progressively digitize its processes and enable advanced collaboration between experts and partners wherever they are. Maire Tecnimont ICTT was one of the first companies in the industry to adopt leading ICTT technologies. The full cloud and virtualization of the Group's infrastructure allows remote design and operation activities (through BIM), full 3D modeling and AWP engineering and construction optimization solutions and management, finance and controlling, procurement and human resources management.

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