ONE-YEAR TIMELINE

RENEWABLE DIESEL FUEL ACCORD

JANUARY

Baku (Azerbaijan)

Tecnimont and KT - Kinetics Technology signed two EPC contracts for around $160 million with a SOCAR subsidiary as part of the modernization and reconstruction of Heydar Aliyev Oil Refinery.

Egypt

KT - Kinetics Technology was awarded a third consecutive order for a Coking Furnace at a DCU Unit licensed by Bechtel, strengthening the relationship with this global leader.

Milan (Italy)

• NextChem and Essential Energy USA Corp signed an agreement for the FEED of a new biorefinery in South America to produce renewable diesel fuel.

• Morgan Stanley Capital International Research raised Maire Tecnimont’s rating to “A” from “BBB”, demonstrating the Group’s progress in achieving its ESG goals.

FEBRUARY

SOCIAL ACCOUNTABILITY CERTIFICATION

Rome (Italy)

Maire Tecnimont Group received multi-site Social Accountability certification from Bureau Veritas Italia in accordance with the SA8000:2014 standard.

Mumbai (India)

KT - Kinetics Technology and Tecnimont Private Limited achieved 3 million man-hours worked without any Lost Time Injury at HPCL’s new Hydrogen Generation Unit (HGU) at Mumbai refinery.

MARCH

DEVELOPING ADVANCED CHEMICAL RECYCLING

Oslo (Norway)

NextChem and Agilyx Corporation agreed to work together to support the development of advanced chemical recycling facilities for clients globally.

Milan (Italy)

NextChem, Stamicarbon and MET Development teamed up with Adani Enterprises to industrialize green chemistry and circular economy sectors in India.

Surathkal (India)

Tecnimont Private Limited inaugurated a bio-waste recycling pilot plant at the National Institute of Technology Karnataka (NITK) campus in Surathkal to enforce its commitment to high-level research for the energy transition in cooperation with primary universities.

STRONG ORDER INTAKE

Port Harcourt (Nigeria)

Tecnimont won a contract worth around $1.5 billion for rehabilitation works at the Port Harcourt Refinery, enabling it to resume production.

Jubail (Saudi Arabia)

Tecnimont and Tecnimont Arabia Limited were awarded a $500 million contract by AGIC to build two polypropylene units at the Integrated PDH-PP complex.

Pengerang (Malaysia)

Our teams achieved a significant HSE recognition at Rapid Package 7 & 27 project: the polypropylene and HDPE plants were awarded as “the best plant in HSE” a recognition of the COACH program promoted by PrefChem, owner of the Rapid Complex.

Grandpuits (France)

NextChem was awarded a contract by Total Corbion PLA to design and engineer Europe’s first plant to produce polylactic acid (PLA) plastic from renewable resources.

Paradip (India)

Tecnimont won a $450 million contract from Indian Oil Corporation Limited (IOCL) to build a new para-xylene (PX) plant and offsite facilities.

APRIL MAY

CYBER SECURITY DIGITALIZATION ACCORD

Milan (Italy)

• Maire Tecnimont agreed with AVEVA, a global leader in industrial software, to create new digital predictive and prescriptive maintenance services.

• Maire Tecnimont Group and Leonardo signed an agreement to provide solutions for cyber security and digitalization of plant operation processes.

Rome (Italy)

NextChem and MYTILINEOS agreed to develop engineering activities to implement a plant of green hydrogen via electrolysis in Italy.

Nairobi (Kenya)

MET Development, Stamicarbon and NextChem signed an agreement with Oserian Development Company to work on a renewable power–to-fertilizer plant in Kenya at the Oserian Two lakes Industrial Park.

SUSTAINABILITY STRATEGY LAUNCHED

Grandpuits (France)

NextChem won an engineering and design contract from TotalEnergies for a Sustainable Aviation Fuel (SAF) plant at the Grandpuits Refinery.

Milan (Italy)

• NextChem and MET Development agreed with the FerSam Group to develop projects to produce green ammonia and bio-ethanol in Latin America.

• Maire Tecnimont Group launched its Sustainability Strategy focusing on eight goals for 2025, positioning itself as enabler of the energy transition worldwide.

• NextChem and Paul Wurth agreed to join forces to promote the combined use of electrolysis and syngas production in the iron and steel industry to reduce CO2 emissions.

• Tecnimont and Siemens Italy signed a MOU to jointly offer cutting-edge digital predictive maintenance services based on machine learning algorithms.

Rome (Italy)

KT - Kinetics Technology celebrated 50 years of excellence in process engineering, demonstrating the ability to continually adapt to the ecosystem in which it operates.

JUNE

CUTTING EDGE PLANT IN PORTUGAL

Milan (Italy)

• Tecnimont won a €430 million contract from Repsol to build a cutting-edge polypropylene and a polyethylene plant as part of Repsol’s expansion of Sines Industrial Complex in Portugal.

• Maire Tecnimont Group accelerated its digital transformation by shifting its business processes onto cloud computing with SAP’s RISE Enterprise Resource Planning program.

• Maire Tecnimont’s main subsidiaries won around $92 million in new higher-margin contracts in North Africa, Eastern Europe, and Southern Asia.

Barauni (India)

Tecnimont and TCMPL won a $170 million EPCC contract from Indian Oil Corporation Limited (IOCL), to build a new polypropylene plant and the related product logistics facilities.

JULY

WINNING INTERNATIONAL RECOGNITION

SIGNIFICANT SAFETY ACHIEVEMENTS

Mumbai (India)

KT - Kinetics Technology and Tecnimont Private Limited Team achieved another challenging milestone at 65 KTPA Hydrogen Generation Unit (HPCL HGU) project site in Mumbai: 5 million man-hours worked without any LTI (Lost Time Injury).

Milan (Italy)

Maire Tecnimont was ranked in 6th place in ENR’s Top 225 International Design Firms and 30th in its Top 150 Global Design Firms lists.

AUGUST

Gdansk (Poland)

KT - Kinetics Technology won an over €200 million contract to build a hydrocracking unit as part of the expansion of Lotos Group’s Gdansk Refinery, enabling the site to produce fuels with a lower environmental impact.

Roma (Italy)

NextChem’s subsidiary MyRechemical and Johnson Matthey will cooperate to develop “waste-to-methanol” technology worldwide for recycling municipal and industrial waste.

Corn Belt (USA)

NextChem, MET Development and Stamicarbon reached an agreement with Greenfield Nitrogen LLC, to develop the first dedicated green ammonia plant in the US to strengthen the development of the low carbon industry in the Midwest region.

SEPTEMBER

IMPORTANT SAFETY MILESTONE

OCTOBER

Baku (Azerbaijan)

The TCM-KT JV team at SOCAR’s HAOR project site achieved another important safety milestone: 19 million man-hours worked without Lost Time Injury (LTI).

Milan (Italy)

The Group’s 2020 Sustainability Report “Creating Value” won first place at the University of Pavia’s Sustainability Report Awards in the “very large companies” category.

Rome (Italy)

Maire Tecnimont partecipated at the European Innovation Forum in LUISS University. EIF is a network of innovation managers across different industries from all over Europe.

WASTE-TO-CHEMICALS SOLUTIONS

Pisa (Italy)

NextChem and the Sant’Anna School of Advanced Studies presented new plant technologies and systems breakthroughs to implement a circular waste cycle in Tuscany.

Milan (Italy)

NextChem and Italy’s largest steel company Acciaierie d'Italia announced a feasibility study to use NextChem’s waste-to-chemical technology to produce circular gas (syngas) in the Taranto steel mill.

NOVEMBER

ACHIEVING RECORD ORDERS

Milan (Italy)

• Maire Tecnimont signed contracts worth around €3.5 billion with Borouge for the fourth expansion phase of its Ruwais complex near Abu Dhabi City. This expansion will make Borouge 4 the world’s largest single-site polyolefin complex.

• Maire Tecnimont unveiled Evolve, Maire Tecnimont Foundation. It will promote the company’s cultural heritage by developing the holistic concept of the “humanistic engineer” as enabler of digital and green transitions.

Rome (Italy)

NextChem won an engineering contract from ENI to design a carbon capture project at the natural gas plant of Casalborsetti. It could be extended into a full EPC contract.

DECEMBER

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MAKING THE ENERGY TRANSITION HAPPEN

OUR PURPOSE

OUR ENTREPRENEURIAL VALUES

BUSINESS MODEL

OUR STRATEGY

TECHNOLOGICAL LEADERSHIP TO ENABLE ENERGY TRANSITION

OUR PRESENCE IN THE WORLD

OUR BUSINESS OFFERING

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In the post-pandemic economy, it has been increasingly clear that the crucial challenge is to combine the fight against climate change and the improvement of people’s well-being. World leaders at the 2021 COP26 summit agreed to accelerate the fight against global warming, and the European Union placed climate change at the center of its Next Generation EU €750 billion stimulus plan.

Companies are driving this effort by setting carbon-reduction targets, and adopting the new technological solutions needed to achieve them.

Maire Tecnimont is the player of choice to accelerate the energy transition. We have strengthened our core set of skills as technologists, contractors and entrepreneurs, progressively expanding our field of action from the conventional natural resources to the green sector.

Our green chemistry company NextChem is playing a role in the energy transition as a partner and coordinator in several international networks and projects, by employing its portfolio of technologies to help plants reduce greenhouse gas emissions, implement chemical recycling of plastic waste, green ammonia, and low-carbon hydrogen production.