07-03-2024
Tecnimont awarded new petrochemical contract by SONATRACH
MAIRE announces that its subsidiary Tecnimont has been awarded by SONATRACH through a tendering process an EPCC 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.”
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