Reimbursable EPC Agreement Maire Tecnimont Wins 65 Million Dollar Contract
The company has won a reimbursable EPC contract for the reinstatement of an existing Polypropylene plant in Yanbu Industrial City, Saudi Arabia.
Milan/Italy – Maire Tecnimont has recently announced that its subsidiary Tecnimont, through its affiliate Tecnimont Arabia Company, has been awarded a reimbursable EPC contract. The contract has been awarded by National Petrochemical Industrial Company for the reinstatement of the existing Polypropylene plant located in Yanbu Industrial City, on the west coast of the Kingdom of Saudi Arabia.
The overall value of the contract is about 65 million dollars on a reimbursable basis. The project scope of work entails Engineering and Procurement Services, Material Supply, Construction Supervision Services and Construction Works. The project has an estimated execution schedule of about seven months, up to Ready for Start Up.