Maire Tecnimont announces that its subsidiaries Tecnimont, KT-Kinetics Technology and Stamicarbon have been awarded several new contracts for licensing, engineering services, engineering and procurement (EP) and engineering, procurement, and construction (EPC) activities, for an overall value of approximately US $280 million.

These contracts have been granted by international clients mainly in North America and Latin America, Africa, and the Far East.

Stamicarbon, the innovation and license company of Maire Tecnimont Group, has been selected as the licensor for a major urea project in China. The plant’s capacity of 3,791 metric tons per day makes it the largest urea plant to be ever licensed by Stamicarbon in China.

Alessandro Bernini, Chief Executive Officer, Maire Tecnimont Group said, “These new value-added, higher margins contracts further consolidate our Group’s positioning in the global natural resource transformation market and provide strong evidence of the resilience of our technology-driven business model, leveraging on our companies’ distinctive competencies.”

Maire Tecnimont heads an international industrial group that is a leader in the transformation of natural resources (plant engineering in downstream oil & gas, with technological and execution competences). Through its subsidiary NextChem, it operates in the field of green chemistry and the technologies to support the energy transition.

Maire Tecnimont Group operates in about 45 countries, through approximately 50 operative companies, and about 9,300 people.