07.04.2015 • News

Maire Tecnimont Wins PP Contract in Azerbaijan

Two subsidiaries of Italian engineering contractor, Maire Tecnimont, have been awarded a lumpsum engineering, procurement and construction (EPC) contract to build a polypropylene (PP) plant for SOCAR Polymer in Azerbaijan.

Under the contract, worth around €350 million, Tecnimont and KT-Kinetics Technology will carry out engineering and construction services and supply equipment and material for the project at the Sumgayit Petrochemical Complex, near Baku. The PP plant will have a capacity of about 180,000 t/y and will source propylene feedstock from the existing naphtha cracker.

Pierroberto Folgiero, CEO of Maire Tecnimont, said: "We are eager to support SOCAR, one of the key players worldwide in the hydrocarbon industry, to further develop the downstream sector in the country with this strategic initiative, since this is the first polypropylene plant to be realized in Azerbaijan."

Expert Insights

ADCs for Precision Cancer Therapy
Comprehensive Insights into Antibody–Drug Conjugates

ADCs for Precision Cancer Therapy

Explore how antibody-drug conjugates are reshaping precision cancer therapy and discover what it takes to successfully develop, manufacture, and scale these complex biologics.

Special Issue

Circular Plastics Economy
Explore the Future of Plastics

Circular Plastics Economy

This special CHEManager issue explores the industry’s pivotal shift towards a more sustainable, circular plastics value chain. Readers will find expert analysis and real-world solutions for today’s most pressing recycling and regulatory challenges.

most read

Photo

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.