Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) and Socar Polymer (Baku, Azerbaijian; www.socarpolymer.az) officially opened the new polypropylene plant inside the petrochemical complex of Sumgayit, 30 km north of Baku, in Azerbaijan. Fabrizio Di Amato, Maire Tecnimont Chairman and majority shareholder, and Pierroberto Folgiero, Maire TecnimontGroup CEO, President of Italian Republic Sergio Mattarella, and President of the Republic of Azerbaijan,Ilham Aliyev attended the event.
Sergio Mattarella, during his visit, commented: “Coming here together with President Aliyev is a sound evidence of the collaboration between Italy and Azerbaijan. This morning ceremony is really meaningful. I must congratulate Socar and Maire Tecnimont for their great commitment in terms of growth and employment, which is evident here, thanks to the cooperation among Azeri and Italian companies.”
Fabrizio Di Amato, Maire Tecnimont Chairman and majority shareholder, added: “It is indeed a great honor to see President Mattarella e President Aliyev opening together our plant. This project enables Azerbaijan to produce technological polymers – while paying a great attention to environmental impact – in order to diversify Azeri economy as well as attracting foreign investments in high-tech sectors. The project was carried out on a fast track basis, in line with the most severe safety standards, which led to 17 million man-hours without a significant incident. It was also a great occasion to develop a strong industrial collaboration among Italian and Azeri companies”.
Maire Tecnimont Group – through its subsidiary Tecnimont e KT-Kinetics Technology – has developed two projects for its client Socar Polymer in Sumgayit, subsidiary of SOCAR, the Azeri national oil company. The polypropylene plant which was inaugurated has a capacity of 180,000 metric tons per year (m.t./yr), while the other project, currently under completion, is a high-density polyethylene plant with 120,000 m.t./yrcapacity. The overall value of the two projects is approximately $500 million. The scope of work entailed engineering, procurement and construction activities up to start up.