Stamicarbon licenses new Urea and UAN plant for Gemlik Gübre in Turkey

Milan, 14 March 2020 – Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has signed with GEMLİK GÜBRE SANAYİİ ANONİM ŞİRKETİ an EPC contract for a value of approximately €200 million related to the implementation of a new Urea and UAN (UreaAmmonium Nitrate solution) plant in Gemlik, 125 km south of Istanbul, Turkey.

The plant will have the capacity of 1,640 MTPD of Granular Urea and 500 MTPD of UAN, and will run on the market leading urea technology of Stamicarbon, a fully owned subsidiary of the Group. The Scope of Work concerns the execution of engineering, supply of all equipment and materials and construction and erection works. Project completion is planned within about three years of its effectiveness.

GEMLİK GÜBRE belongs to Yildirim Holding, a multi-billion USD, diversified Group active in several fields from Chemicals and Fertilizers to Ports and Logistics, to Metals and Mining. Ammonia and other fertilizers are already produced in the same industrial facility, with direct access to a Mediterranean sea port.

Ali Rıza Yıldırım, Chairman of the Gemlik Gübre, commented: “The signing of this agreement is the first step of a great cooperation. We entrust Tecnimont and believe that we will achieve great success together worldwide”.

Pierroberto Folgiero, Maire Tecnimont Group CEO, commented: “We are extremely proud of this new achievement that confirms the Group leadership in the fertilizer sector and allows us to expand our geographical footprint in a strategic market such as Turkey”.

For further information:

Institutional Relations and Communication
Carlo Nicolais, Ida Arjomand
public.affairs@mairetecnimont.it 

Investor Relations
Riccardo Guglielmetti
Tel +39 02 6313-7823
investor-relations@mairetecnimont.it

Media Relations
Image Building
Alfredo Mele, Carlo Musa, Alessandro Beretta
Tel +39 02 89011300
mairetecnimont@imagebuilding.it

Stamicarbon BV                                                                                                                                                                                                                   

Stamicarbon is the innovation and license company of the Maire Tecnimont Group. We are a pioneering company specialized in the fertilizer industry with a vision to help enable the world to feed itself and improve quality of life. As a global leader in fertilizer technologies, we have licensed more than 250 urea plants and realized more than 100 revamping and optimization projects. This leading position is based on more than 70 years of experience in licensing and is maintained by its continuous innovations in technologies, products and materials. Stamicarbon’s headquarters is in Sittard, The Netherlands with a sales office in the USA and representative offices in Russia and China. For more information: www.stamicarbon.com.

Maire Tecnimont SpA

Maire Tecnimont S.p.A. a company listed on the Milan stock exchange, is at the head of an international industrial group leader in the transformation of natural resources (plant engineering in downstream oil&gas, with technological and execution competences). Through its subsidiary NextChem it operates in the field of green chemistry and the technologies supporting the energy transition. Maire Tecnimont Group operates in about 45 countries, numbering around 50 operative companies and a workforce of approximately 6,500 employees, along with approximately 3,000 professionals in the electro-instrumental division. For more information: www.mairetecnimont.com.