TECNIMONT

TECHNOLOGY DRIVEN EPC CONTRACTOR

Contents

A Company Story 4

Our Business 6

Creating a Digital Advantage 8

Group Worldwide Presence 10

Chemical & Petrochemical 12

Oil & Gas Refining 14

Fertilizers 16

Power 18

Local Content Dynamization - ICV 20

Our Mottos

3
A COMPANY Montedison (and later Tecnimont)
focuses on the development of single stream,

Story
large capacity ammonia and urea plants and
low energy, high capacity urea technology.

1960-1990
2018
60 years of Tecnimont
Private Limited are celebrated
as a symbol of Italy-India
cooperation.

Early 1900’s
Tecnimont's precursors designed
and built plants for the chemical 2011-2015
and oil industry, for over 50 1958
years, establishing a record for Tecnimont goes through a turnaround.
“Industrial The Group completes its recapitalization,
engineering, procurement and Consulting Bureau
construction projects worldwide. Top Management is reorganized, and
Private Limited” a business repositioning plan is launched.
(ICB) was
incorporated in
Mumbai. Its
primary activities
were small
Feasibility
and Engineering
works. 2007
Tecnimont Pvt. Ltd.
(formerly TICB)
becomes a fully
owned subsidiary of
1996 Tecnimont.
Tecnimont acquires
50% of ICB, renamed as
Tecnimont ICB Private
Limited (TICB).
1963
1920 1930-1950 Giulio Natta
Giacomo Fauser Montecatini R&D Center wins the
works on the "G. Donegani" develops Chemistry
production of original processes Nobel Prize
ammonia by for fertilizers production. for the
direct reaction invention of
1992-1995
of hydrogen polypropylene, Tecnimont establishing
and nitrogen thanks to the Tecnimont Planung
and develops a collaboration Industrieanlagenbau
design of between the Salzgitter GmbH (“TPI”),
the vessel. Polytechnic of the engineering center
Milan and with high-end know-how
Montecatini. in low density polyethylene
(LDPE) plants.

1973
After decades of growth in planting
engineering, within Edison
and Montecatini, Tecnimont
1977
is incorporated into the Creation of
Montedison Group, absorbing its the first JV between 2005
tradition of scientific research. ICB and Tecnimont.
Tecnimont is acquired by Maire: the Maire Tecnimont
Group is born; Maire Tecnimont is listed on the Milan
4 5 Stock Exchange in November 2007
OUR

Business
We are an EPC Contractor with extensive experience worldwide in management
of large integrated complex projects. Through our best practices and distinctive
competences, we deliver excellent results in our core business. We have access
to all first-class technologies and the expertise to manage and execute several
projects simultaneously.

CHEMICAL
OIL & GAS REFINING FERTILIZERS POWER
& PETROCHEMICAL
In the international market as general As our core activity, we lead the market Tecnimont can design and build world With nearly 60 years of experience, we have
contractor for petrochemical complexes, with an innovative approach based on scale ammonia and urea plants based on multiple references in the EPC of advanced
we provide the entire chain of services. technological background with solidity in cutting edge technologies. electricity power projects.
execution.

Well rooted technology orientation World class track record

Market leader (#1) for installed capacity
(last 10ys)
In large gas treatment plants and refinery
process units 54% MARKET SHARE IN
LICENSING UREA PLANTS
TECHNOLOGY (#1
44 COUNTRIES

Largest gas treatment plant with over WORLDWIDE)*

30% MARKET SHARE IN

POLYOLEFIN PLANTS 2,150 MMSCFD
CAPACITY

Largest refinery distillation and hydrotreating train 34% MARKET SHARE IN LICENSING
UREA GRANULATION
TECHNOLOGY (#1
21,000 MW INSTALLED
CAPACITY

50% MARKET SHARE IN LDPE

PLANTS 130,000 BOPD
CAPACITY
WORLDWIDE)*

Since 1970 more than HSE top of class with Since 1924 Since 1962

~200 POLYETHYLENE AND

POLYPROPYLENE PLANTS ** >100MN SAFE MAN-HOURS
WITHOUT LTI IN A
SINGLE SITE
172 AMMONIA AND UREA
PLANTS** 280 PROJECTS
COMPLETED

* Data are based on corporate analysis

**Completed
6 7
WE ARE DIGITAL CREATING A DIGITAL

Innovators Advantage
Tecnimont is pioneering in the digitalization of engineering, procurement, We leverage our capacity for digital innovation to become contractor of the
construction and acts as an orchestrator of a coordinated supply chain future. Through our digital advantage program, we increase our ability to govern
with +6,000 companies. The Group digital transformation strategy technological disruptions, market discontinuities and clients’ evolving needs, in-
has two goals: the deep optimization of internal processes (Digitalizing creasing value for all our stakeholders.
the Core) and enriching our offer of digital services for clients (Digital
Advantage), focusing on reducing time and costs and providing more This Program Focuses On Four Main Areas:
flexible project management solutions.
Improving overall value for managers and system operators through a suite of
digital products geared towards customers, optimizing total cost of operations
over the life of any plant with solutions like predictive maintenance, asset-digital-
twin, etc.

Digital enablement of Group’s end-to-end processes like plant engineering,

procurement, etc., increasing the effectiveness of our internal procedures.

Hiring highly specialized digital professionals like data scientists, robotic process
automation specialists, complementing our existing technical skills while training
our workforce on Digital competences.

Designing and implementing a flexible operating model to maintain a value-driven

pipeline of innovative digital initiatives and ensure their effective implementation
in terms of time, cost and quality.

TECHNOLOGICAL

Portfolio
Our cutting-edge technologies are the foundation of our leadership in the sector
and are a strategic asset for the group. Ongoing technological innovation is crucial
to feed our portfolio of patents and maintain our preeminent position in the market.

We carry out multiple innovation projects every year and actively cooperate with major Italian
and foreign universities, top research centres and industrial partners, developing research
projects and creating a strong connection between the academic and industrial worlds.
Maire Tecnimont’s long-standing collaboration with the Milan Polytechnic has been further
strengthened through research-project partnerships, and through the funding of a Chair of
Chemical Projects Engineering and Management.

8 9
GROUP WORLDWIDE

Presence
Fr o m Fa r E a s t to Fa r We s t

CHEMICAL&PETROCHEMICAL
OIL&GAS REFINING
FERTILIZERS
POWER

HEADQUARTERS MAJOR SUBSIDIARIES

Tecnimont Arabia Ltd.
TCM-KT JV Azerbaijan LLC
MAJOR BRANCHES / REP. OFFICES
Tecnimont Branch Office Abu Dhabi
Tecnimont Rep. Office Algeria
45
Countries
50
Companies
~1,500
Total Delivered Projects
MAIN OFFICES AND Tecnimont Chile Ltda Tecnimont Rep. Office Belgium
ENGINEERING CENTERS Tecnimont do Brasil Ltda
Tecnimont-KTR LLP (Kazakhstan) Tecnimont Rep. Office China
Rome Tecnimont Private Ltd (India) Tecnimont Branch Office Egypt
Sittard (NL) Tecnimont Mexico SA de CV Tecnimont Rep. Office Indonesia
Milan Tecnimont Nigeria Ltd Tecnimont Branch Office Kuwait
Braunschweig (D) Tecnimont Philippines Inc
Tecnimont USA Inc Tecnimont Branch Office Malaysia
Moscow
Mumbai TPI GmbH (Germany) Tecnimont Branch Office Slovakia
Houston MT Russia OOO Tecnimont Branch Office Oman
10 11
OUR FLAGSHIP PROJECTS

Chemical&Petrochemical
LLDPE/HDPE - HDPE - Bu-1 - PP PP - HDPE Plants, Pengerang
Plant, Svobodny (Russia) (Malaysia)
Client: Amur Gas Chemical Client: PRPC Polymers Sdn Bhd
Complex LLC (Petronas)
Contract Type: EPCm [€,€,€,€] Contract Type: EPC [€,€] (JV Hqc)
(JV SEI)
PP Plant, Ruwais (UAE)
PDH Plant, Kallo (Belgium) Client: Borouge
Client: Borealis (JV Adnoc - Borealis)
Contract Type: EPSCM [€] Contract Type: EPC - PP [€,€]
HDPE Plant, Port Arthur, Texas (USA) PE Pellettizing and Bagging Areas of
Client: Motiva Enterprises Production Plant n°4, Budynnovsk
Contract Type: FEED+CE [€] (Stavropolsky Region, Russia)
Client: OOO Stavrolen - a subsidiary
Aromatics - PTA Plant, Aliaga of PSJC Lukoil
(Turkey) Contract Type: EPC [€]
Client: Socar Turkey Enerji
Contract Type: DUAL FEED [€] PP - HDPE Plant, Sumgayit
(Azerbaijan)
Baytown Chemical Expansion Project, Client: Socar Polymer
Texas (USA) Contract Type: EPC - PP [€,€],
Client: Exxonmobil HDPE [€]
Contract Type: EPC [€,€]
(Consortium Performance Contractors) LDPE Plant, Bratislava (Slovak
Republic)
PE, PP, Butadene - 1, Hexene - 1 Plants, Client: Slovnaft Petrochemicals
Ruwais (UAE) S.r.o. (Mol Group)
Client: Borouge (JV Adnoc - Borealis) Contract Type: EPC [€,€]
Contract Type: FEED, [€] New Units
and Revamping of Existing Units HDPE Plant, Corpus Christi Tx (USA)
Client: Exxonmobil - Sabic
LLDPE-HDPE-PP Plants, Sohar
(Oman) Contract Type: DUAL FEED [€]
Client: OQ (formerly Orpic) LDPE Plant, Veracruz (Mexico)
Contract Type: EPC [€,€,€] Client: Etileno XXI Services Bv
HDPE - PP Plants, Bathinda (Punjab, Contract Type: EP [€]
India)
LDPE Plant, Sadara (Saudi Arabia)
Client: HMEL (JV HPCL, Mittal
Energy) Client: Sadara Chemical Company
Contract Type: EPC [€,€] (JV Aramco-Dow)
Contract Type: EPC [€,€]
LDPE Plant, Yantai (Shandong, China)
PDH Plant, Tobolsk (Western Siberia,
Client: Wanhua Chemical Russia)
Group Co. Ltd Client: Tobolsk Polymer LLC
Contract Type: E [€] (Jsc Sibur Holding)
LDPE Plant, Onsan (South Korea) Contract Type: EPC [€,€,€]
Client: Confidential Polyolefins Complex
Contract Type: E [€] Borouge 3 - Borouge 2 Ruwais (UAE)
Client: Borouge (JV Adnoc - Borealis)
New HDPE - PP Revamp, Batangas
(Philippines) Contract Type: EPC [€,€,€]
(JV Samsung)
Client: Summit Petrochemical
Corporation Polyolefins Complex, Rabigh
Contract Type: EPC [€] (Saudia Arabia)
(JV JGC Philippines) Client: Petrorabigh (JV Aramco -
PDH - PP Plant, Tan Thanh (Vietnam) Sumitomo Chem. Co.)
Contract Type: EPC [€,€,€,€]
Client: Phu My Plastic Production (Consortium SCEC)
Contract Type: FEED+CE [€]

€ < 200 € mn
€€ 200 to 500 € mn
Ongoing Projects €€€ 500 to 1000 € mn
Main Completed Projects €€€€ > 1000 € mn

12
 OUR FLAGSHIP PROJECTS

Oil&Gas Refining
Bir Seba Phase II and MOM Field ZCINA TRAIN 4 LPG Project -
Development, (Algeria) Hassi Messaoud Algeria
Client: Groupement Bir Seba Client: SONATRACH
Contract Type: EPC [€,€] Contract Type: EPC [€,€]

Combined Oil Refining Unit Oil and Gas Treatment "Tempa

(CORU) Moscow Refinery (Russia) Rossa" Corleto Perticara (Italy)
Client: Jsc Gazprom Neft Client: Total E&P Italia S.p.a.
Moscow Refinery (Total Group)
Contract Type: EPCM [€,€] Contract Type: EPSCC
[€,€,€]
Clean Fuel Project
Rabigh, (Saudi Arabia) Mild Hydrocracking Unit,
Client: Petro Rabigh Busalla (Italy)
Contract Type: EPC [€] Client: Iplom
Contract Type: EPC [€]

Amurski Gas Processing Plant -

UI&O Package 3 Wafa Gas Plants Project
Svobodny (Russia) Mellitah & Gadames Basin
(Libya)
Client: Jsc Nipigas Client: Agip Gas Bv
Contract Type: EPC [€,€,€,€] Contract Type: EPC [€,€,€,€]
(Consortium Seg) (JV JGC)

Delayed Coking Unit (DCU) Omsk Aromatics Complex Shuaiba

Refinery Omsk (Russia) (Kuwait)
Client: Jsc Gazprom Neft Omsk Client: Kuwait Paraxylene
Refinery Production Company (KPPC)
Contract Type: EPCM [€] Contract Type: EPC [€,€,€,€]
(Consortium Skec)
Modernization Baku Oil Refinery -
Haor Project (Azerbaijan) Oil Gathering, Treatment,
Client: Socar Haor Export Al Dabbi’ya Phase III,
Contract Type: EPC [€,€,€] Abu Dhabi (UAE)
(JV Kt) Client: Adco
Contract Type: EPC [€,€,€,€]
IGD Expansion Project (IGD-E1),
Gas Treatment and Marine Works,
Das Island (UAE) Integrated Gas Development -
Habshan 5
Client: Adgas (Adnoc Group) (Abu Dhabi – UAE)
Contract Type: EPC [€,€] Client: Gasco
(Consortium Archirodon) Contract Type: EPC [€,€,€,€]
(JV JGC - Mt Share 50%)
LNG Terminal Chentoujia -
Guangdong, China
Client: Guangdong LNG JEO
Contract Type: EPC [€,€]
(JV Saipem)

€ < 200 € mn
€€ 200 to 500 € mn
Ongoing Projects €€€ 500 to 1000 € mn
Main Completed Projects €€€€ > 1000 € mn

15
OUR FLAGSHIP PROJECTS

Fertilizers

ASN Granulation Plant, Anwil Ammonia Debottlenecking,

(Poland) Annaba, Arzew (Algeria)
Client: Anwil/Orlen Client: Fertial
Contract Type: EPC [€] Contract Type: E [€]
Fertilizers Complex, Aswan
Ammonia/Urea Plant Kingisepp 2 (Egypt)
(Russia)
Client: Kima
Client: Eurochem Mineral and Contract Type: EPC [€,€,€]
Chemical Company
Contract Type: E [€,€,€,€]
Fertilizer Complex Project
Al-Jubail (Saudi Arabia)
Urea Plant Volgafert
(Russia) Client: Safco
Contract Type: EPC [€,€]
Client: Volgafert LLC
Contract Type: EPC [€]
Ammonia Plant, Kingisepp
(Russia)
Urea, UAN Plant Client: Eurochem Mineral and
(Gemlik, Turkey) Chemical Company
Client: GEMLIK GUBRE SAS Contract Type: EPC [€,€,€]
Contract Type: EPC [€,€]
Ammonia/Urea Plant
Fertilizers Complex, Dire Dawa Nevinnomyssk
(Ethiopia) (Russia)
Client: OCP Client: Eurochem Mineral and
Contract Type: E [€] Chemical Company
Contract Type: E [€]
Yara, Sluiskil (The Netherlands)
Client: Yara International Asa Ammonia Plant Nangal Punjab
Contract Type: EPC [€] (India)
Client: National Fertilizers Ltd.
Contract Type: EPC [€,€]
Iowa Fertilizer Company, Wever,
Iowa (USA)
Client: Orascom Construction Urea Debottlenecking &
Industries Granulation Plant
Shuaiba (Kuwait)
Contract Type: EP [€,€]
Client: P.I.C.
Contract Type: EPC [€]

€ < 200 € mn
€€ 200 to 500 € mn
Ongoing Projects €€€ 500 to 1000 € mn
Main Completed Projects €€€€ > 1000 € mn

16
 OUR FLAGSHIP PROJECTS

Power

Oil and Gas Treatment "Tempa Combined Cycle 850 MW

Rossa" 38 MW Corleto Perticara Turbigo (Italy)
(Italy) (*) Client: Edipower
Client: Total E&P Italia S.p.a. Contract Type: EPC [€,€]
(Total Group)
Contract Type: EPSCC [€,€,€]
Combined Cycle 840 MW
Piacenza (Italy)
Ammonia Complex, Wever, Iowa Client: Edipower
(USA) 20 MW (*) Contract Type: EPC [€,€]
Client: Orascom E&C S.p.a.
(Total Group)
Contract Type: EP [€] Ammonia Complex, Kingisepp
(Russia) 18 MW (*)
Client: EuroChem Mineral and
Coal Power Plant 2X376 MW Chemical Company
Punta Catalina Contract Type: EPC [€]
(Dominican Republic)
Client: CDEEE Combined Cycle 790 MW
Contract Type: EP [€,€,€,€] Altomonte (Italy)
Client: Edison Italy
Coal Power Plant 1085 MW (EDF Group)
Cearà (Brazil) Contract Type: EPC [€,€]
Client: MPX Pecem Geraçao de
Energia S.A. (MXP and EDP) Fertilizer Complex, Aswan
Contract Type: EPC [€,€,€] (Egypt) 27 MW (*)
for Phase I (720 MW) and Client: Kima
Phase II (365 MW) Contract Type: EPC [€]

Coal Power Plant 370 MW Wafa Gas Plants Project Desert

Coronel (Chile) & Coastal 120 MW Mellitah &
Client: Colbun Electricity Gadames Basin (Libya) (**)
Company Client: Agip Gas Bv
Contract Type: EPC [€,€,€] Contract Type: EPC [€,€,€,€]
(JV JGC)
Coal Power Plant 370 MW
Bocamina Coal Power Plant 360 MW
Coronel (Chile) Maranhao (Brazil)
Client: Endesa Chile Client: Diferencial Energia E.
Contract Type: EPC [€,€,€] P. Ltda. (MPX)
Contract Type: EPC [€,€,€]

(*) Utility Plant (U&O)

(**) Power Utilities Projects

€ < 200 € mn
€€ 200 to 500 € mn
Ongoing Projects €€€ 500 to 1000 € mn
Main Completed Projects €€€€ > 1000 € mn

19
IN-COUNTRY VALUE (ICV)

Methodology
One size does not fit all​

Many oil and gas rich Countries are introducing policy requirements for ICV into
their regulatory frameworks​

The policy development varies Country by Country and ICV has become a
strategic issue for Engineering & Construction​

EPC players are called to design and adopt a proper approach for ICV, as part of
their wider business strategy​

These requirements aim to promote local jobs and economic development

as well as to accelerate transfer of skills and assets​
, through development
programs in collaboration with local Universities

LOCAL CONTENT

Dynamization
Objectives

Maximizing Implementing Enhancing Business

employment of infrastructure in Opportunities for
local staff construction site locally-based suppliers
areas of goods and services

Training and Developing Creating shared

development for capabilities of value for local
local people local SMEs communities

2019 Group Key Figures

20 ~5 BN ~52%
Main Group Projects Local Expenditure* Local Content Value

* Data as of 31.12.2019 including goods and services purchased locally as well as local workforce
and training for the 20 main Group projects.
20 21
OUR MOTTOS

RIDE THE TURNAROUND! TAKE THE CHALLENGE!

The challenge of our Group: Managing uncertainties

impeccably deliver our portfolio is the core of our job…
through operational As a sailor faces the sea every day.
and financial discipline.
Let the passion
Master the change, for results drive
be actively part of it! your actions!

EVERY SINGLE STEP UP AND MAKE

DECISION COUNTS! THINGS HAPPEN!

Our work-success is the result Talk and listen directly to your

of a thousand single choices colleagues. Sending an e-mail
made in the right sequence. could not be a solution.
There is no time Let’s keep our doors open.
for procrastination.
Beat the bureaucratic
Your contribution approach!
makes rence!

BE ADAPTIVE! WE ARE RESILIENT!

Fast changes in the market Recovering quickly from drastic

create discontinuities while changes is part of our noble
opening also opportunities and precious DNA. We live
to the most responsive players. in a tough environment,
but adversity made us stronger.
Agility is the key!
Let’s capitalize
on lessons learnt!

NOT JUST THE COMPANY, OUR TOMORROW

THIS IS YOUR COMPANY! IS NOW!

Building together the success These are extraordinary times.

of our Group creates shared If we stay focused on our
value to everyone. corridor of growth we will be
ready to build the next decade
Be entrepreneur of Maire Tecnimont.
in a network
of entrepreneurs! The floor is ours!
Maire Tecnimont Group
Operative Headquarters
Via Gaetano de Castillia, 6A
20124 Milan, Italy
P +39 02 63131
info@mairetecnimont.it
mairetecnimont.com

Tecnimont
Via Gaetano de Castillia, 6A
20124 Milan, Italy
P +39 02 63131
F +39 02 63139002
info@tecnimont.it
tecnimont.it