Tecnimont wins €1.3 billion contract for Latin America's largest urea plant in Argentina

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Summary · why it matters

MAIRE's subsidiary Tecnimont has been awarded a €1.3 billion contract by Fértil Pampa for a large-scale fertilizer complex in Argentina. The project includes a large-scale ammonia plant and two ultra-low energy urea trains with a combined capacity of 2.1 million tons per year, making it the largest urea plant in Latin America by production. Of the total value, €140 million relates to Nextchem's technology package, which includes urea licensing, process design, proprietary equipment, and the supply of a primary reformer for syngas. Construction will be carried out by Argentine company SACDE, with completion expected in 41 months. The facility will be located in the Bahía Blanca Industrial Complex and is expected to create more than 3,500 direct jobs at peak construction.

Impact on stocks 2

Energy Transition & Power Demand▲ · 1 stocks
Maire Tecnimont SpA
0QEP
▲ PositiveDemandrelevance

Tecnimont, a subsidiary of Maire Tecnimont, wins €1.3 billion contract for Latin America's largest urea plant.

Utilities▲ · 1 stocks

Off-coverage companies 3

Fértil Pampa S.A.U.Private▲ Positive
Demandrelevance

Fértil Pampa awards the contract, securing construction of a major fertilizer complex.

NextChem S.p.A.Private▲ Positive
Demandrelevance

Nextchem provides €140 million technology package including urea licensing and equipment.

SACDEPrivate▲ Positive
Demandrelevance

SACDE selected as construction partner for the project.

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