Maire Tecnimont enters the Turkish market with a €200 mn EPC contract for a new urea plant
Mar. 18, 2020
Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has signed with GEMLİK GÜBRE SANAYİİ ANONİM ŞİRKETİ an EPC contract for a value of approximately €200 million related to the implementation of a new Urea and UAN (Urea Ammonium Nitrate solution) plant in Gemlik, 125 km south of Istanbul, Turkey.
The plant will have the capacity of 1,640 MTPD of Granular Urea and 500 MTPD 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.
GEMLİK GÜBRE belongs to Yildirim Holding, a multi-billion USD, diversified Group active in several fields from Chemicals and Fertilizers to Ports and Logistics, to Metals and Mining. Ammonia and other fertilizers are already produced in the same industrial facility, with direct access to a Mediterranean sea port.
Ali Rıza Yıldırım, Chairman of the 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, Maire Tecnimont Group CEO, commented: “We are extremely proud of this new achievement that confirms the Group leadership in the fertilizer sector and allows us to expand our geographical footprint in a strategic market such as Turkey”.
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