Covid-19: Tecnimont clinches US$10 mn contracts in South Korea, Russia and India

In the midst of lockdowns all over the world due to Covid-19, Italy’s Maire Tecnimont S.p.A. says that its subsidiary Tecnimont S.p.A. has been granted awards for a total amount of approximately US$10 million for engineering services and feasibility studies in the petrochemical sector in South Korea, Russia and India. It was able to do this through its digital platform.

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In particular, Tecnimont has signed a contract to develop the FEED (front end engineering design) and subsequent Detailed Engineering for the High Pressure section of a low-density polyethylene (LDPE) plant to be realised in South Korea for one of the major energy and chemical companies in Asia Pacific, which is developing a new grassroot petrochemical integrated complex.

Awards comprise also two feasibility studies, one for a new polypropylene unit in India by Austrian chemical firm Borealis and the other for an additional line of acrylonitrile in Russia by Lukoil OOO Saratovorgsinetz.

Pierroberto Folgiero, Maire Tecnimont Group CEO, commented: “These awards confirm that our group is continuing its activities thanks to the current effort of every single colleague, as well as the benefit derived from the early adoption of our Digital Advantage Smart Platform.”

Maire Tecnimont is ensuring business continuity thanks to the utilization of its “Digital Advantage Smart Platform”. The Group launched in 2015 its “Digital Advantage” program that progressively led to the full digitalisation of its processes that allows advanced collaboration among its professionals and partners, regardless their physical working location.

Maire Tecnimont says it has been among the first adopters in its industry of the leading ICT technologies enabling full cloud and virtualisation of group infrastructure in order to perform from remote not only design and operation activities – BIM, full 3d modelling and AWP solutions to optimise engineering and construction – but also administration, finance and control, procurement and human resource management.

This transformational programme, it says, has allowed Maire Tecnimont to face the current situation with an adaptive approach. Currently, approximately 5,000 people worldwide from the engineering centres in Milan, Rome, Mumbai (India), Moscow (Russia), Sittard (The Netherlands), Braunschweig (Germany), Houston (US) are continuing to perform their work from home, coordinating within the connected multi-local project teams.

Listed on the Milan stock exchange, Maire Tecnimont Group operates in about 45 countries, numbering around 50 operative companies and a workforce of approximately 6,500 employees, along with approximately 3,000 professionals in the electro-instrumental division.