MAIRE is accelerating its international expansion with a series of new contracts across South America and Asia, reinforcing its position in large-scale engineering, fertilizers and gas monetization.
One of the most significant awards concerns Argentina, where MAIRE subsidiary Tecnimont has secured a contract from Fértil Pampa S.A.U., a wholly owned subsidiary of Pampa Energia S.A., for the development of a major fertilizer complex in the province of Buenos Aires.
The project, located within the Bahía Blanca Industrial Complex, has a total value of approximately €1.3 billion and marks MAIRE’s first large-scale contract in Argentina. The facility will include an ammonia plant and two ultra-low-energy urea production trains, each equipped with its own granulation unit.
Once completed, the complex is expected to reach a combined production capacity of 6,000 metric tons of urea per day, or 2.1 million tons per year, making it the largest urea plant in Latin America by output.
Tecnimont will be responsible for engineering, procurement, commissioning and start-up activities, while Nextchem will supply the technology package. This will include Stamicarbon’s urea melt and granulation technologies, the Process Design Package, proprietary equipment and the primary reformer for syngas production supplied by KT Tech. Ammonia technology will be provided by KBR.
Around €140 million of the overall contract value is linked to Nextchem’s technology package.
The project is expected to be completed within 41 months and will also involve Argentine construction company SACDE S.A.
Beyond its industrial scale, the complex is expected to have a significant local economic impact. At the peak of construction, the project is projected to create more than 3,500 direct jobs, in addition to indirect employment throughout the supply chain.
According to MAIRE CEO Alessandro Bernini, the project represents a milestone in the group’s geographical diversification and demonstrates its ability to combine Tecnimont’s execution capabilities with Nextchem’s technology portfolio.
The company also sees the investment as strategically important for Argentina, as the plant is expected to contribute to the monetization of domestic natural gas reserves while increasing the country’s fertilizer production capacity.
Link to New gas monetization projectsNew gas monetization projects
MAIRE has also announced further contracts through its Integrated E&C Solutions business unit, with a combined value of approximately €110 million.
Among these, Tecnimont has been awarded an early engineering contract for a large-scale gas monetization project in South America. The company will define the project’s technical framework and support the development of its subsequent phases.
Subject to a Final Investment Decision, the initiative is expected to move into the EPC phase. The planned infrastructure will play a key role in processing natural gas before liquefaction and export to international LNG markets.
The award further strengthens Tecnimont’s position in the gas monetization segment and expands its presence in South America, a region where MAIRE is increasingly building a long-term industrial footprint.
Link to LNG expansion in AsiaLNG expansion in Asia
At the same time, Tecnimont has been selected by a Tier-1 client in Asia to carry out a Front-End Engineering Design, or FEED, for an LNG plant.
The contract adds to MAIRE’s growing exposure to the LNG sector, which the company views as a strategic area of development.
Bernini said the latest awards are intended to strengthen MAIRE’s role in gas monetization, particularly in LNG, while further consolidating the company’s presence in South America.
MAIRE operates through two main business units, Integrated E&C Solutions and Sustainable Technology Solutions, with activities spanning energy services, chemicals, fertilizers, low-carbon energy vectors, advanced materials and circular solutions.
With operations in around 50 countries and more than 11,000 employees, the group continues to combine engineering execution with proprietary technologies across some of the most capital-intensive segments of the global energy and industrial markets.
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