€430M Contract Awarded by Repsol in Portugal for 2 Advanced Polymer Units

Source: www.gulfoilandgas.com 7/26/2021, Location: Europe

- EPC Lump Sum Turn-Key contract signed for the implementation of a Polypropylene Unit and a linear Polyethylene Unit in Repsol Industrial Complex in Sines, near Setubal
- These advanced units will use state-of-the-art technologies, ensuring maximum energy efficiency and best environmental standards

Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has been awarded a contract by Repsol for the realization of a Polypropylene Unit and a linear Polyethylene Unit on an EPC (Engineering Procurement and Construction) Lump Sum Turn-Key basis, as part of Repsol’s expansion of Sines Industrial Complex in Portugal.

The total contract value is approximately €430 million. The project scope of work entails complete engineering services, equipment and material supply, installation and construction activities and, as an optional part of the scope, commissioning and start up. The project completion is expected by 2025. The new Polypropylene and linear Polyethylene Units, which represent the largest industrial investment in Portugal in the last ten years, will have a capacity of 300,000 tons per year each and will be located inside Repsol’s industrial complex in Sines, Portugal. The technologies applied in both units will guarantee maximum energy efficiency and will be the first of their kind to be implemented in the Iberian Peninsula, making the Sines Industrial Complex one of the most advanced in Europe due to its flexibility and high degree of integration.

Pierroberto Folgiero, Maire Tecnimont Group Chief Executive Officer, commented: “We are really enthusiastic to support a reputable player such as Repsol in its industrial commitment to enabling its petrochemical expansion while creating sustainability, wealth and quality employment. We are honoured to play a strategic role in the largest investment in Portugal in the last decade, contributing with our technological know-how and distinctive competences in managing innovative projects to implement these next generation units, which will produce high quality plastic materials for highly specialized applications”.


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