Maire Tecnimont enters the Turkish market with a $221.23mn EPC contract

Published: 17 March 2020 - 6 a.m.
By: Martin Menachery
Maire Tecnimont announced that its subsidiary Tecnimont has signed with Gemlik Gübre Sanayii Anonim Şirketi an EPC contract for a value of approximately $221.23mn related to the implementation of a new urea and UAN (urea ammonium nitrate solution) plant in Gemlik, 125km south of Istanbul, Turkey.

The plant will have the capacity of 1,640MTPD of granular urea and 500MTPD of UAN, and will run on the market-leading urea technology of Stamicarbon, a fully owned subsidiary of the group. The scope of work concerns the execution of engineering, supply of all equipment and materials and construction and erection works. Project completion is planned within about three years of its effectiveness.

Gemlik Gübre belongs to Yildirim Holding, a multi-billion dollar, diversified group, active in several fields from chemicals and fertilisers to ports and logistics, to metals and mining. Ammonia and other fertilisers are already produced in the same industrial facility, with direct access to a Mediterranean sea port.

Ali Rıza Yıldırım, chairman of Gemlik Gübre, commented: “The signing of this agreement is the first step of a great cooperation. We entrust Tecnimont and believe that we will achieve great success together worldwide”.

Pierroberto Folgiero, group CEO, Maire Tecnimont, commented: “We are extremely proud of this new achievement that confirms the group leadership in the fertiliser sector and allows us to expand our geographical footprint in a strategic market such as Turkey.

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