7 March 2019
DOWNLOAD MAIRE TECNIMONT PRESENTATION
DETAILS
a leading provider of innovative solutions
in the fields of polyolefins, base chemicals and fertilizers,
has awarded Tecnimont,
main contractor of Maire Tecnimont
- a leading E&C international group – with
the Engineering, Procurement,
Construction Management (EPCM)
and Commissioning services contract
for a new propane dehydrogenation (PDH) plant,
including the requisite Utilities and Interconnections.
The new facility, located at
an existing Borealis production site in Kallo, Belgium,
will have a targeted production capacity
of 750,000 metric tonnes per year,
making it one of the largest and most efficient in the world.
With a total contract value of approximately €90 million,
the Kallo PDH project is on a reimbursable basis.
PDH is a vital process step
in the production of propylene from propane.
Propylene is one of the most important building blocks
for the entire chemical industry,
and is the raw material used to produce polypropylene (PP).
PP is in turn one of the most widely used plastics.
It forms the base of countless industrial applications
used in numerous sectors,
from automotive to textiles, food packaging,
healthcare, energy and many others.
The new Kallo PDH plant is being built
on an existing Borealis site
and was originally selected on the basis of
its excellent logistical position and experience
in propylene production, but also to be able to
capitalize on synergistic effects
with the existing PDH unit.
The new plant will employ
Honeywell UOP’s Oleflex™ technology,
a widely used, reliable and sustainable choice
for on-purpose propylene production.
The new plant is scheduled to Start Up in mid-2022.
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Alfred Stern,
Borealis CEO
“Investing in our European assets is essential
in order to make good on our commitment
to being our customers’ supplier of choice,”
“In a market environment characterized by
rising European demand for propylene,
our state-of-the-art Kallo PDH plant will set new standards
in quality, competitiveness and sustainability:
with its associated energy cogeneration unit,
this plant will be one of the most
energy efficient olefins plants worldwide
to produce on purpose propylene.”
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Pierroberto Folgiero,
Maire Tecnimont Chief Executive Officer
“We are proud to be part of this new PDH project.
It is a game-changing initiative
that will provide a significant boost
to the European petrochemical value chain,”
“Our technological angle in processing natural resources,
combined with our distinctive competencies in polyolefins,
has made us the partner of choice
for leading industrial players like Borealis.”
Media contact Borealis
Virginia Mesicek, External Communications Manager
virginia.mesicek@borealisgroup.com,
Tel. +43 1 22 400 772 (Vienna, Austria)
Institutional Relations and Communication
Carlo Nicolais, Tommaso Verani
public.affairs@mairetecnimont.it
Media Relations
Image Building
Alfredo Mele, Alessandro Zambetti
Tel +39 02 89011300
mairetecnimont@imagebuilding.it
Investor Relations
Riccardo Guglielmetti
Tel +39 02 6313-7823
investor-relations@mairetecnimont.it
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