Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announces that its subsidiaries Tecnimont S.p.A. and KT – Kinetics Technology S.p.A have reached an agreement with Socar Polymer for the award relating to the realization of a polypropylene plant and relevant utilities and offsite facilities on a EPC lump-sum basis.
The plant will be located in the Sumgayit Petrochemical Complex around 30 km North of Baku, Azerbaijan. The total contract value is approximately €350 million.
The project’s scope of work envisages the provision of complete engineering services, equipment and material supply, erection and construction activities up to start up and guarantee test run. The plant will have a capacity of about 180,000 metric tons per year (m.t./yr). This will be the first polypropylene plant in Azerbaijan and will utilize the propylene feedstock coming from the existing naphtha cracker.