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    Tag: Maire

    Tecnimont to provide license and EPC contract for new urea facility

    Maire Group subsidiary Tecnimont has been awarded a contract by Fértil Pampa SAU, a wholly owned subsidiary of Pampa Energia SA, for a large-scale fertilizer complex in Argentina. The facility will include a large-scale ammonia plant and two parallel ultra-low energy urea trains, each with its own granulation unit, with a combined capacity of 6,000 t/d (2.1 million t/a), making it the largest urea plant in Latin America by production. It will occupy an 80-hectare site within the Bahía Blanca Industrial Complex, in Buenos Aires province. The location is adjacent to Pampa’s existing power generation assets, benefiting from direct access to key infrastructure, including gas pipelines, high-voltage transmission lines, water intake systems, and a deep-water export port, enabling efficient logistics.

    NextChem completes Ballestra acquisition

    MaireGroup says that its NextChem subsidiary has completed the acquisition of the Ballestra group, a leading player in the licensing, design and engineering of processing plants, as well as in the supply of proprietary technologies and equipment for the chemical industry. NextChem says that the integration of Ballestra significantly strengthens its technology portfolio in phosphate and potassium fertilizers and completes its coverage of the full NPK (nitrogen, phosphorus and potassium) spectrum. At the same time, it provides access to new segments with high growth potential, particularly in chemistry for the production and circularity of strategic materials needed to develop and expand electrification, where Nextchem is already present with metals recovery technologies following the recent acquisition of ETEK.

    Tecnimont wins damages against EuroChem

    Maire Group says that, in relation to its ongoing dispute with Russian EuroChem Group, its subsidiary Tecnimont has obtained immediately enforceable orders for conservatory measures to freeze assets of EuroChem Group for an amount of approximately €1.1 billion. These measures are based on the leave granted to Tecnimont by the ICC Arbitral Tribunal seated in London, to seize EuroChem’s assets in every country, totalling €1.1 billion. Further seizure requests are underway in several jurisdictions. The Arbitral Tribunal has also found that Tecnimont is entitled to apply to judicial authorities to obtain asset freeze measures against EuroChem Group’s assets worldwide, by way of security for the further potential damages caused by EuroChem Group’s recent unlawful legal actions undertaken in Russia.