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10 February 2016: Maire Tecnimont wins EPC contract for Sumgayit Polyethylene Plant

10 February 2016

Maire Tecnimont and Kinetics Technology S.p.A have signed an EPC contract  with SOCAR Polymer for the construction of a polyethylene plant on a lump sum turn-key basis.

The plant will be located in the Sumgayit Petrochemical Complex around 30 km North of Baku, Azerbaijan. Total contract value is worth $180 million.

The scope of the work envisages the provision of complete engineering services, equipment and material supply, construction activities up to start up and guarantee test run. The plant will be developed on the basis of the Ineos Innovene S technology and will have a capacity of 120,000 metric tonnes per annum.

SOCAR Polymer is a company controlled by SOCAR, the national company of Azerbaijan active in the oil, gas, petrochemicals and fertilizer sectors.