Maire Tecnimont’s subsidiary Tecnimont has secured contract worth about €430m from Repsol for the construction of two advanced polymer units in Sines Industrial Complex in Portugal.
The contract to build a polypropylene unit and a linear polyethylene unit was awarded on an engineering procurement and construction (EPC) lump sum turn-key basis.
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This is also a part of Repsol’s plan to expand its Sines Industrial Complex in Portugal.
The scope of work under the contract includes complete engineering services, installation and construction activities, equipment and material supply for the two polymer units.
Maire Tecnimont stated that the contract also includes an option for commissioning and start-up of the units.
Work on the project is expected to be completed by 2025.
The new polypropylene and linear polyethylene units will each have capacity to produce 300,000 tonnes of polymeric materials per year.
The polymeric materials produced will be 100% recyclable and will be used in the pharmaceutical, food, and automotive industries.
The company also noted that the expansion of the Sines Industrial Complex represents the largest industrial investment Repsol has made in Portugal in the last 10 years
Maire Tecnimont Group CEO Pierroberto Folgiero said: “We are really enthusiastic to support a reputable player such as Repsol in its industrial commitment to enabling its petrochemical expansion while creating sustainability, wealth and quality employment.
“We are honoured to play a strategic role in the largest investment in Portugal in the last decade, contributing with our technological know-how and distinctive competences in managing innovative projects to implement these next generation units, which will produce high quality plastic materials for highly specialized applications.”
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The two new advanced polymer units will each have capacity to produce 300,000 tonnes of polymeric materials per year. Credit: feiern1 from Pixabay.
