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Maire Tecnimont subsidiaries awarded EPC contract for Socar PE plant

| By Mary Bailey

Maire Tecnimont S.p.A.’s (Milan, Italy; www.mairetecnimont.com) subsidiaries Tecnimont S.p.A. and KT – Kinetics Technology S.p.A have signed an engineering, procurement and construction (EPC) contract with Socar Polymer for the realization of a polyethylene (PE) plant on a lump-sum turn-key basis. The plant will be located in the Sumgayit Petrochemical Complex around 30 km North of Baku, Azerbaijan. The total contract value is approximately $180 million.

 The project’s Scope of Work includes the provision of complete engineering services, equipment and material supply, construction activities up to startup and guarantee test runs. The plant will be developed on the basis of the Ineos Innovene S technology and will have a capacity of 120,000 metric tons per year (m.t./yr).