Tecnimont Signs for Russian Projects

21.06.2016 -

Italian engineering group Maire Tecnimont has signed several agreements for projects in Russia. The first, with Eurochem and Russian construction company Velesstroy, relates to building an ammonia plant in Kingisepp in Leningrad. Tecnimont is currently the engineering, procurement and construction (EPC) contractor on the project and the construction subcontracts are worth around $228 million.

Tecnimont also has signed a Memorandum of Understanding (MoU) with Azot, one of Russia’s largest chemical companies, and construction company Codest, to be EPC contractor for a fertilizer complex Azot is building in Kemerovo in southwestern Siberia. This project comprises plants producing 660,000 t/y ammonia, 396,000 t/y nitric acid, 330,000 t/y porous ammonium nitrate and 412,500 t/y ammonium nitrate solution.

An additional MoU relates to funding a large-scale gas project in Garadagh, near Baku in Azerbaijan for the State Oil Company of Azerbaijan Republic, or Socar. Tecnimont, which has promoted the initiative, said it was best positioned for the project’s EPC phase. As well as a natural gas processing plant, the complex will include a 570,000 t/y PE plant and a 120,000 t/y propylene unit.