Dec. 10 - Maire Tecnimont S.p.A. announced that its subsidiary Tecnimont SpA won A contract on the basis refundable Engineering & Procurement (EP) for the realization on behalf of Etileno XXI Services BV of a unit of low density polyethylene (LDPE) with a capacity of 300 thousand tons per year. This will be built as part of the petrochemical complex Etileno XXI. The latter, developed by Braskem Idesa, is located in Nanchital, Veracruz (Mexico). It is expected that the project will generate more than 8,000 jobs during the construction phase and 3,000 jobs – both direct and indirect - by 2015, once in operation. This project fits into the Mexican government’s strategy the to promote the competitiveness of the sector and industrial development at the local level. The unit of low-density polyethylene will use Lupotech T technology from Lyondell Basell Industries. The value of the contract amounts to USD 191,4 million (approximately € 147 million). Engineering and Procurement activities will be completed by the fourth quarter of 2014. This award reinforces the presence of Maire Tecnimont Group in the market for polyolefin and strengthens the historic partnership with Braskem petrochemical projects. It also confirms the Group's growth-oriented strategy for a business model technology driven and targeted to maximize the Engineering & Procurement scheme.

MAIRE TECNIMONT SPA’S PROFILE
Maire Tecnimont Group is a leading firm in the international arena in the sector of Engineering & Construction (E&C), and Energy Technology, Licensing & Ventures, with specific expertise in the hydrocarbons sector (Oil & Gas, Petrochemicals, Fertilizers) as well as in Power Generation and Infrastructure. Listed on the Milan Stock Exchange, the Group is present in over 30 countries, it controls over 50 operating companies and can rely on a workforce of about 5,300 employees, of whom about resident half abroad. On 31 December 2011, the Group reported revenues of € 2.6 billion and an order backlog of € 4.9 billion.