- The EPCC contract refers to a plant for intermediates for the detergent and surfactant industries, allowing the production of added-value chemicals from natural resources
  - Tecnimont was selected by SONATRACH through a tendering process thanks to its strong track record in project execution and the long-lasting presence in the Country

MAIRE (MAIRE.MI) announces that its subsidiary Tecnimont (Integrated E&C Solutions) has been awarded by SONATRACH through a tendering process an EPCC (Engineering, Procurement, Construction and Commissioning) contract for a new linear alkyl benzene (LAB) plant in the industrial zone of Skikda, located 350 km east of Algeri.

LAB is a cost-effective and biodegradable intermediate used in the production of household detergents, industrial cleaners and surfactants.

The contract value is approximately USD 1.1 billion. The scope of the project entails the implementation of a new LAB plant with a production capacity of 100,000 tons per year, and the associated utilities, offsites and interconnections with the existing facilities. The completion of the project is scheduled within 44 months from the contract’s effective date.

Alessandro Bernini, Chief Executive Officer of MAIRE Group, commented: “We are honored to consolidate our track-record with SONATRACH also in consideration of the strategic relationship between our two Countries in the current global energy supply scenario. This achievement further strengthens our footprint in Algeria and allows the valorization of the downstream petrochemical value chain, where we are the undisputed world leader.”

About Maire

MAIRE S.p.A. leads a technology and engineering group that develops and implements innovative solutions to enable the Energy Transition. We offer Sustainable Technology Solutions and Integrated E&C Solutions in nitrogen fertilizers, hydrogen, circular carbon, fuels, chemicals, and polymers. MAIRE creates value in 45 countries and relies on around 8,000 employees, supported by over 20,000 people engaged in its projects worldwide. MAIRE is listed on the Milan Stock Exchange (ticker “MAIRE”).

About Sonatrach

Sonatrach, the largest oil and gas company in Africa, is an Algerian state-owned company (NOC) holding a wide range of activities across the entire hydrocarbon supply chain, from upstream through marketing. Sonatrach employs more than 53,000 employees in the parent company and more than 150,000 in the Group. The Group has 154 subsidiaries and holdings striving to enhance the country’s oil and gas sector.