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Maire Tecnimont SpA (MTCM.MI)

MTCM.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Maire Tecnimont Buys Protomation
Thursday, 18 Jul 2019 11:36am EDT 

July 18 (Reuters) - Maire Tecnimont SpA ::ACQUIRES PROTOMATION THROUGH GROUP'S INNOVATION AND LICENSE COMPANY STAMICARBON.  Full Article

Eni, Maire Tecnimont Sign Agreement To Introduce New Technology That Transforms Non-Recyclable Waste Into Hydrogen And Methanol
Monday, 10 Jun 2019 01:52am EDT 

June 10 (Reuters) - Maire Tecnimont Spa ::SAYS ENI AND MAIRE TECNIMONT SIGN AGREEMENT TO INTRODUCE NEW TECHNOLOGY THAT TRANSFORMS NON-RECYCLABLE WASTE INTO HYDROGEN AND METHANOL.SAYS ENI AND NEXTCHEM, MAIRE TECNIMONT'S GREEN CHEMISTRY SUBSIDIARY, ARE WORKING TOGETHER TO TURN WASTE INTO NEW ENERGY, HYDROGEN AND METHANOL.ENI AND NEXTCHEM WILL ASSESS TECHNICAL AND FINANCIAL IMPACT OF NEW TECHNOLOGY, WHICH COULD BE IMPLEMENTED AT ENI'S INDUSTRIAL SITES IN ITALY.  Full Article

Maire Tecnimont Gets Orders For Total Value Of C. USD 360 Mln
Tuesday, 12 Mar 2019 02:45am EDT 

March 12 (Reuters) - Maire Tecnimont SpA ::GETS ORDERS FOR TOTAL VALUE OF C. USD 360 MILLION FOR LICENSING, ENGINEERING SERVICES AND EP (ENGINEERING AND PROCUREMENT) ACTIVITIES.ITS MUMBAI-BASED UNIT AWARDED TWO CONTRACTS FOR ENGINEERING SERVICES FOR REFINING PROJECT IN THE UNITED ARAB EMIRATES.KT- KINETICS TECHNOLOGY WAS AWARDED CONTRACT FOR ENGINEERING AND PROCUREMENT ACTIVITIES FOR CONSTRUCTION OF NUMEROUS REFINING PROCESS UNITS IN EGYPT.  Full Article

Maire Tecnimont Wins Contract Worth About USD 65 Mln In Saudi Arabia From NATPET
Thursday, 28 Feb 2019 01:32am EST 

Feb 28 (Reuters) - Maire Tecnimont SpA ::WINS REIMBURSABLE EPC CONTRACT WORTH ABOUT USD 65 MILLION BY NATPET IN THE REVAMPING BUSINESS.POLYPROPYLENE PLANT IS LOCATED IN YANBU INDUSTRIAL CITY, IN SAUDI ARABIA.  Full Article

Maire Tecnimont Wins Contract At Ruwais Petrochemicals Complex In Abu Dhabi
Tuesday, 26 Feb 2019 08:32am EST 

Feb 26 (Reuters) - Maire Tecnimont SpA ::NEW FEED (FRONT-END ENGINEERING AND DESIGN) REIMBURSABLE CONTRACT OF ABOUT USD 45 MILLION SIGNED.CONTRACT CONCERNS FOURTH PHASE EXPANSION OF RUWAIS PETROCHEMICALS COMPLEX IN ABU DHABI.  Full Article

Maire Tecnimont Awarded EUR 200 Mln Fertilizer Project In Russia By Volgafert
Monday, 17 Dec 2018 01:32am EST 

Dec 17 (Reuters) - Maire Tecnimont SpA ::AWARDED EUR 200 MLN FERTILIZER PROJECT IN RUSSIA BY VOLGAFERT.IN ORDER TO FINANCE WHOLE PLANT, CREDIT LINE OF ABOUT EUR 160 MILLION IS CURRENTLY UNDER FINALIZATION.  Full Article

Maire Tecnimont Launches Nextchem, New Business Unit For Energy Transition
Tuesday, 27 Nov 2018 04:31am EST 

Nov 27 (Reuters) - Maire Tecnimont SpA ::LAUNCHES NEXTCHEM, NEW BUSINESS UNIT FOR ENERGY TRANSITION.EUR 50 MILLION EBITDA EXPECTED IN 2023 FROM THE NEXTCHEM INITIATIVE.  Full Article

Maire Tecnimont Provisionally Awarded USD 248 Mln LPG Project In Algeria
Monday, 3 Sep 2018 01:35am EDT 

Sept 3 (Reuters) - Maire Tecnimont SpA ::PROVISIONALLY AWARDED USD 248 MILLION LPG PROJECT BY SONATRACH IN ALGERIA.FORMAL CONTRACT SIGNING IS EXPECTED TO TAKE PLACE IN SEPTEMBER 2018.THE PROJECT’S COMPLETION IS SCHEDULED WITHIN 30 MONTHS FROM THE COMMENCEMENT DATE.  Full Article

Maire Tecnimont H1 Net Profit Down At EUR 55.3 Mln
Thursday, 26 Jul 2018 06:48am EDT 

July 26 (Reuters) - Maire Tecnimont SpA ::H1 NET PROFIT EUR 55.3 MILLION VERSUS EUR 61.7 MILLION YEAR AGO.H1 REVENUE EUR 1.82 BILLION VERSUS EUR 1.65 BILLION YEAR AGO.SAYS H2 CASH FLOWS ARE EXPECTED TO GENERATE A FINANCIAL PERFORMANCE IN LINE WITH THE FIRST SEMESTER.H2 EPC REVENUES ARE EXPECTED TO BE IN LINE WITH H1, WITH MARGINALITY TYPICAL OF EPC CONTRACTS.  Full Article

UAE's Borouge Awards EPC Contract To Build Fifth Polypropylene Plant In Ruwais
Monday, 23 Jul 2018 09:34pm EDT 

July 24 (Reuters) - BOROUGE::AWARDS ENGINEERING, PROCUREMENT AND CONSTRUCTION (EPC) CONTRACT TO BUILD FIFTH POLYPROPYLENE PLANT IN RUWAIS .SAYS EPC CONTRACT FOR FIFTH POLYPROPYLENE PLANT HAS BEEN AWARDED TO TECNIMONT SPA, A SUBSIDIARY OF ITALY’S MILAN-BASED MAIRE TECNIMONT .SAYS FIFTH POLYPROPYLENE PLANT WILL BE INTEGRATED WITH THE EXISTING BOROUGE 3 COMPLEX IN RUWAIS AND GROW THE POLYMER PRODUCTION CAPACITY TO ALMOST 5 MILLION TONNES PER ANNUM BY 2021 .SAYS NEW PLANT WILL HAVE A NAMEPLATE CAPACITY OF 480,000 TONNES PER ANNUM AND IS EXPECTED TO COME ON STREAM IN Q3 2021 .SAYS WITH THIS INVESTMENT THE TOTAL POLYPROPYLENE PRODUCTION CAPACITY OF BOROUGE WILL GROW TO 2.24 MILLION TONNES PER ANNUM.  Full Article