{"id":100512,"date":"2024-03-11T11:12:02","date_gmt":"2024-03-11T10:12:02","guid":{"rendered":"https:\/\/jazairhope.org\/?p=100512"},"modified":"2024-03-11T11:12:02","modified_gmt":"2024-03-11T10:12:02","slug":"from-milan-to-skikda-a-1-1b-petrochemical-powerplay","status":"publish","type":"post","link":"https:\/\/jazairhope.org\/en\/from-milan-to-skikda-a-1-1b-petrochemical-powerplay\/","title":{"rendered":"From Milan to Skikda: A $1.1B petrochemical powerplay"},"content":{"rendered":"
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Maire Group’s Tecnimont secures $1.1 billion EPCC contract for an LAB plant in Algeria, enhancing Italy-Algeria petrochemical ties for 2028<\/h2>\n<\/blockquote>\n
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In a significant development for the Italian technology and engineering sector, Maire Group has announced that its premier subsidiary, Tecnimont, known for its Integrated E&C Solutions, has been awarded a lucrative contract worth $1.1 billion. The contract is to provide comprehensive EPCC (Engineering, Procurement, Construction, and Commissioning) services for a pioneering petrochemical project in Algeria, underscoring the company\u2019s leading position in the global market.<\/p>\n

Awarded by Sonatrach, the national oil company of Algeria, the contract mandates Tecnimont to construct a state-of-the-art linear alkyl benzene (LAB) facility within the Skikda industrial zone, situated 350 km east of the Algerian capital, Algiers. LAB is acclaimed for its cost-effectiveness and biodegradability, serving as a critical intermediate in the manufacture of household detergents, industrial cleaners, and surfactants.<\/p>\n

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The project, with an expected completion date in 2028, includes the establishment of a new LAB plant boasting a production capacity of 100,000 tonnes annually. It also encompasses the necessary utilities, offsites, and interconnections with existing facilities, thereby amplifying the production of value-added chemicals from natural resources tailored for the detergent and surfactant industries.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Tecnimont\u2019s selection by Sonatrach was a result of a competitive tendering process, highlighting the company\u2019s exemplary project execution capabilities and its enduring presence in Algeria. Maire Group CEO Alessandro Bernini expressed pride in reinforcing the group\u2019s track record with Sonatrach, especially given the strategic importance of the bilateral relationship between Italy and Algeria within the current global energy supply framework.<\/p>\n

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Bernini further remarked, \u201cThis achievement not only fortifies our presence in Algeria but also enhances our dominance in the downstream petrochemical value chain, asserting our position as the undisputed world leader in the sector.\u201d This contract signifies a major milestone for Maire Group\u2019s Tecnimont, promising to elevate the company\u2019s influence and operations in the global petrochemical industry.<\/div>\n
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Source : https:\/\/www.oilandgasmiddleeast.com\/exploration-production\/epc-contracts\/from-milan-to-skikda-a-1-1b-petrochemical-powerplay<\/a><\/div>\n<\/div>\n<\/div>\n
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<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Maire Group’s Tecnimont secures $1.1 billion EPCC contract for an LAB plant in Algeria, enhancing Italy-Algeria petrochemical ties for 2028 In a…<\/p>\n","protected":false},"author":50,"featured_media":100513,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[12,4,13],"tags":[],"class_list":["post-100512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-featured-articles","category-the-algerian-sahara"],"yoast_head":"\nFrom Milan to Skikda: A $1.1B petrochemical powerplay - AAH.JZR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jazairhope.org\/en\/from-milan-to-skikda-a-1-1b-petrochemical-powerplay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"From Milan to Skikda: A $1.1B petrochemical powerplay - 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