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FACTS & FIGURES - Tecnimont ICB

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6<br />

RESEARCH,<br />

TECHNOLOGY AND<br />

INNOVATION<br />

World-Scale Engineering and Contracting Based on<br />

High Technology<br />

The world-class references and reputation won by Maire <strong>Tecnimont</strong><br />

in executing large complex projects over several decades are due to<br />

the Group’s strong technology orientation. Success in all our sectors<br />

- Chemicals and Petrochemicals, Oil & Gas, Power, Infrastructure<br />

and Civil Engineering – is closely linked to high added value<br />

technological expertise.<br />

Maire <strong>Tecnimont</strong>’s historical roots, going back to the engineering<br />

skills developed by Montecatini, Edison, and Fiat in the early years<br />

of twentieth century, have created a culture of technological<br />

innovation in the Company. This has allowed it to consolidate a<br />

leading position in polyolefin technologies, based on the pioneering<br />

work of Nobel Prize winner Giulio Natta in the 1950s, and, at the<br />

same time, to introduce new processes in the chemicals,<br />

petrochemicals and oil & gas sectors, and to diversify into power<br />

and infrastructure engineering.<br />

This innovatory spirit is now an important driver for all the Group’s<br />

business lines. In recognition of our technological expertise,<br />

technology licensors regularly entrust us to perform studies<br />

(feasibility studies, plant optimization, value engineering, etc.) to<br />

support their process development activities.<br />

Finally, the key to implementing technology innovations<br />

successfully and to making them applicable to large industrial<br />

complexes is advanced project management expertise - the proven<br />

capability to manage large international projects. Project<br />

management skills are crucial in realizing not only EPC plants but<br />

every large project that involves technical complexity, limited<br />

resources, and a stringent time schedule. To initiate, develop and<br />

complete the whole EPC project life-cycle, especially under difficult<br />

geographical and cultural conditions, is to deal with major<br />

organizational challenges in which planning, coordination and<br />

monitoring are the day-to-day essentials. To execute a project is to<br />

create a mosaic of hundreds of parts that have to fit together.<br />

Engineers, vendors, sub-contractors, thousands of on-site workers,<br />

28 29

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