Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announced that its subsidiary Tecnimont S.p.A. has signed with Egypt Hydrocarbon Corp., a subsidiary of Carbon Holdings, a preliminary engineering, procurement and construction (EPC) contract related to the implementation of a new Ammonia plant in Ain Sokhna, Egypt, near Suez. The plant capacity is 1,320 metric tons per day (m.t./d) and uses KBR technology.
Egypt Hydrocarbon Corp. is a company engaged in the production and sale of Ammonium Nitrate, which is already produced in the same industrial facility where the new ammonia plant will be built.The contract will become effective upon the finalization of certain contractual conditions and once a financial closing is reached. The Scope of Work concerns execution of engineering, supply of all equipment and materials and construction and erection works. The project is expected to be completed in 36 months once it become effective.
Pierroberto Folgiero, Maire Tecnimont Group CEO, commented: “We are very happy to expand our footprint in Egypt in our fertilizers core business, leveraging our longterm relationships with the Egypt Hydrocarbon Corporation”