MAIRETECNIMONT.COM CONTACTS TRADING SERVICES HUMAN RESOURCES MANAGEMENT CAREER OPPORTUNITIES NEW PROJECTS CORPORATE CONTENTS EGYPT, NEW AMMONIA PROJECT PLANT 11.05.2020 – MILAN, ITALY Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has finalized with Egypt Hydrocarbon Corporation S.A.E. (EHC) all technical and commercial conditions of the EPC contract related to the implementation of a new Ammonia plant in Ain Sokhna, Egypt. Maire Tecnimont Group had already been selected as the exclusive EPC contractor, as announced to the market on September 12th, 2019. The contract’s value is approximately USD 550 million. The plant will produce 1,320 MTPD (metric tons per day) of ammonia and includes extensive utilities and offsites facilities. The Scope of Work includes full Engineering, Procurement and Construction activities. Project completion is scheduled after 36 months from the contract effective date, which will be triggered by the financial closing of the project. The produced ammonia will be used to feed an Ammonium Nitrate plant, already existing and in operation in the same industrial facility, also owned by EHC. Basil El-Baz, Egypt Hydrocarbon Corporation Chairman, commented: “This contract is another outstanding opportunity to work with Maire Tecnimont, a company we trust with best in class expertise and experience. The EHC expansion project is a vote of confidence in the Egyptian economy and the reforms that have been undertaken to date. The project will serve as a catalyst for the mining sector, attracting foreign investment and increasing employment opportunities and providing the raw materials needed for the sector’s activities.” Pierroberto Folgiero, Maire Tecnimont Group CEO, added: “With this achievement, we are proving once again the great resilience of our core business in a particularly challenging period for the whole market. We are also really proud to play a strategic role in the development of the fertilizer industry in Egypt with an entrepreneurial client such as EHC.” OVERALL PROJECT VALUE $000,000.000 Project Value Who We Are About Privacy&Cookies policy Registered Office Claridge House 32 Davies Street London W1K 4ND United Kingdom Company register number: 9029321 What We Do Trading Services Human Resources Management Career Opportunities New Projects NNPC,Nigeria Batangas Omsk Baku Refinery Rapid Hdpe Rapid Pp Media Corporate Contents © Copyright 2019 - MAIRE TECNIMONT UK - All Rights Reserved - Designed by Lame Sheep Contact Privacy Policy This site uses cookies (own and from other sites) to improve your experience. If you access any element you accept to use the cookies as described in our Privacy Policy OKREAD MORE