PRESS RELEASE - No. 24
20/05/26
MAIRE ANNOUNCES NEW AWARDS FOR AN OVERALL VALUE OF APPROXIMATELY €1.3 BILLION, INCLUDING A LARGE-SCALE E&C PROJECT AS WELL AS LICENSING AND PDP FOR A FERTILIZER PLANTMilan, 20 May 2026 - MAIRE (MAIRE.MI) announces new awards and additional works related to previously announced orders for a total amount of approximately €1.3 billion, with projects located across Asia, Europe and the Americas, in both the Integrated E&C Solutions (IE&CS) and the Sustainable Technology Solutions (STS) Business Units.
In IE&CS, the new awards include a large-scale onshore project, to be performed by Tecnimont, aimed at supporting the optimization of existing Oil & Gas facilities, including process units and utilities, as well as an upgrade of an existing refinery on an EPC basis, to be carried out by KT.
In STS, Stamicarbon, Nextchem's licensing subsidiary, has been awarded a licensing and process design package activities for a urea plant. This initiative leverages on Nextchem's proprietary know-how and advanced process solutions to support clients improving efficiency and reliability across the fertilizers value chain.
Further details will be disclosed in due course, following the completion of certain formalities currently being finalized between the parties involved.
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MAIRE S.p.A. is a leading engineering group providing technology solutions and project execution in the downstream segment of energy services, as well as in the chemicals and fertilizers industries. The Group operates through two business units: Integrated E&C Solutions and Sustainable Technology Solutions, the latter active in sustainable fertilizers, low carbon energy vectors, and innovative materials and circular solutions. With operations in around 50 countries, MAIRE employs more than 10,800 people. MAIRE is listed on the Milan Stock Exchange (ticker "MAIRE"). For further information: www.groupmaire.com.Group Media Relations Tommaso Verani Tel +39 02 6313-7603 | Investor Relations Silvia Guidi Tel +39 02 6313-7823 |
mediarelations@groupmaire.com investor-relations@groupmaire.com