Noy Engineering, established in 1983, is a leading company operating in the field of process engineering and plant contracting. Currently it is located in Bergamo, but it will be moving to Milan in January. Noy Engineering designs and builds plants worldwide, based on proprietary technologies. It has developed an extensive portfolio of Polymer technologies PA6.6 & PA6, PET, Acrylic and industrial Yarn. 

 There are more than 220 plants already designed, constructed and in operation with Noy's technologies, which is equivalent to more than 3 660 000 mt/year metric tons per year production installed worldwide.

 

Pejman Djavdan, CEO of Stamicarbon, commented "I am very pleased with the acquisition of Noy Engineering. It is a group of well qualified engineers that have proven to be able to develop state-of-the-art technologies. For Stamicarbon it is an important step in accelerating licensing business by extending our portfolio with these polymer technologies".

 

Amir Shademan, the new Managing Director of Noy Engineering states: "Now being part of Stamicarbon we will be able to further develop innovative solutions and technologies and market them through the licensing business model of Stamicarbon. This means extensive growth opportunities for both Noy and Stamicarbon. Currently we are in the process of rolling out our latest polymer technologies.".

 

Noy Technologies

 

Noy Engineering can supply plants with proprietary know-how for raw materials of resins production for industrial and textile application, polymerization and fibers for the following products:

 

Noy Engineering can offer innovative design solutions and effective engineering services for the entire PA6 and PA6.6 chain. With around 60 PA6 and PA6.6 plants built world-wide, it has acquired a solid experience and know-how for the whole polyamide chain. Polymerization plants are available both with the continuous and batch technology. The choice between them depends on the capacity and product mix.

 

PET

Noy Engineering's PET technology is a proven and reliable technology with important references world-wide for a total production capacity installed of 1,541,520 ton/year with over 70 contracts awarded for polyester fibers and bottle grades. 

 

Acylic Fibres

For the Acrylic Fibers production, Noy Engineering can supply all the relevant processes from polymerization up to the final product with polymerization in solvent. It already has designed and built various plants for a total capacity of more than 200,000 ton/year. 

 

Industrial Yarn

In the latest years, the company has developed new technologies in the field of yarns and polymers particularly for the High Tenacity sector. The new generation of Polymerization continuous lines for industrial and textile application has now achieved high performances in terms of quality and reliability.

 

Stamicarbon 

 

Stamicarbon, the licensing and IP Center of Maire Tecnimont, is the global market leader in licensing of urea technology and services with more than 50% market share in synthesis and 35% market share in urea granulation technology. Stamicarbon has over 60 years' experience in licensing its urea technology, delivering optimum environmental performance, safety, reliability and productivity, which together ensure maximized returns on capital invested. Around the world, over 240 urea plants use Stamicarbon technology, while the Company has completed over 90 plant revamps, including those utilizing other technologies. Stamicarbon operates on an open platform and its technologies are available through licensed contractors. Since 1947, Stamicarbon has been the world's leading authority and innovator in the field of urea, in close cooperation with research institutes, suppliers and customers. Latest innovative achievements include: AVANCORE® urea process, Safurex® stainless-steel material, Urea Granulation Technology, Mega Plant Technology and Urea 2000plus™ Technology. Stamicarbon is headquartered in Sittard (The Netherlands), and maintains offices in Beijing (China) and Moscow (Russia).

For more information: www.stamicarbon.com

 

Maire Tecnimont SpA

 

Maire Tecnimont S.p.A. is the parent company of an Engineering & Construction International industrial group which operates in three sectors: Oil, Gas & Petrochemicals, Power, Civil Engineering & Infrastructure. Today, the Group, quoted on the Milan Bourse, is present in approximately 30 Countries, currently controls over 40 operative companies and can rely on a workforce of about 5,100 employees, of which more than half are located abroad. At 31 December 2009, the Group reported Revenues of €2,164 million and Net income, after minorities, of €77 million.

For further information: www.mairetecnimont.it.

 

For further information:

 

Stamicarbon

 

Mieke Beaujean

Tel +31 46 423 7045

Fax +31 46 423 7001

mieke.beaujean@stamicarbon.com

 

  

Maire Tecnimont

 

Media Relations

Carlo Nicolais
public.affairs@mairetecnimont.it

 

Investor Relations

Lawrence Y. Kay

Tel +39 06 412235.536

Fax +39 06 412235.644

investor-relations@mairetecnimont.it

 

Image Building                                 

Simona Raffaelli,

Alfredo Mele,               

Claudia Arrighini

Tel +39 02 89011300        

mairetecnimont@imagebuilding.it