FACTS & FIGURES - Tecnimont ICB

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Maire Tecnimont Presence in Oil&Gas in Middle and Far East Kuwait: Completing the Major Aromatics Project Accident-Free In February 2006, Kuwait Paraxylene Production Company (KPPC) awarded the TSK consortium a lump-sum turnkey contract for the construction of the first aromatics complex in Kuwait. The TSK consortium was formed by Tecnimont and the Korean company, SK Engineering and Construction. The complex, which will produce paraxylene and benzene, is being built on a greenfield site at Shuaiba, and is fully integrated into the larger EQUATE project. Tecnimont is in charge of design, procurement and erection, as well as pre-commissioning and commissioning services. The complex uses environmentally friendly technology to guarantee maximum safety, security and product quality. HSE has been a top priority at all stages of the project’s history. The consortium has trained more than 50,000 workers in basic and higher HSE issues. As a result, Tecnimont has recorded 20 million working hours without lost-time injury. Far East: Developing FEED Projects for LNG Terminals East Asia is one of the most important markets for Sofregaz, which is developing technical supervision and commissioning services for LNG terminals in Dalian and Jiangsu, China. The client is Huangjiu Contracting and Engineering Corp, part of the Petrochina Group. Sofregaz is developing for Guangdong Dapeng LNG the front-end engineering design for an expansion of the existing LNG terminal at Guangdong through the installation of a fourth LNG tank and associated facilities. Tecnimont completed China’s first LNG receiving terminal at Guangdong in 2006. In 2008, WorleyParsons awarded Sofregaz a contract for consultancy services related to the Australian company’s provision of the front-end engineering design for an LNG regasification project in Singapore. The ultimate client is PowerGas Ltd, a subsidiary of Singapore Power Co. 52 53
9 POWER The general economic slowdown in 2008 clearly impacted the overall volume of investments in the energy sector, although in a more contained manner than in other markets. In fact, the continued economic development of the BRIC and Latin American countries sustained the demand for traditional gas- and coal-fired power plants. Renewable energy projects were spurred on by the high price of oil in the early part of the year, but were decelerated or deferred in the second half. Following the merger with Maire Engineering, Tecnimont aims to maintain its high profile and high market share in the traditional energy sector, as well as expanding its interests in new fields such as supercritical plants and renewable energy. Maire Tecnimont’s most significant projects are being implemented in Latin America and Eastern Europe, while an important “green” power project is under way in Italy. The Growing Power Market in Latin America Latin American electricity and infrastructure markets have been a magnet for international investors for many years. This is due to improvements in the regulatory climate, the availability of new technologies and the strong infrastructural development in many countries. Brazil, the largest South American country, has seen particularly strong growth. With more than 190 million people, the country is one of the founder members of the BRIC club, together with Russia and the Asian giants, China and India. In 2007 the Lula government launched a programme to increase GDP growth to 5% annually by improving employment and living conditions. Investment in infrastructure and energy plays a major role. Brazil is particularly well placed, thanks to its major conventional hydrocarbon resources as well as its strategic position in ethanol and biodiesel. The government has introduced several regulatory reforms to encourage public and private investment in transport and energy, which have stimulated a huge inflow of foreign direct investment in recent years. 54 55
Page 1 and 2: FACTS & FIGURES 2008
Page 3 and 4: Revenues by sector Revenues by geog
Page 5 and 6: 1 CHAIRMAN’S STATEMENT Dear Share
Page 7 and 8: 2 MISSION AND VALUES 6 7 Mission To
Page 9 and 10: The challenges posed by the interna
Page 11 and 12: 4 14 10 January MT signs a contract
Page 13 and 14: 17 September Construction begins on
Page 15 and 16: Table A Maire Tecnimont Safety 2008
Page 17 and 18: Quality Policy and Quality Manageme
Page 19 and 20: client representatives, financing p
Page 21 and 22: poor infrastructure. That is why la
Page 23 and 24: Main Licensors - Polymers, Chemical
Page 25 and 26: Middle East and Mediterranean Area:
Page 27 and 28: Münchsmünster, Germany The contra
Page 29: Gas gathering & treatment Natural G
Page 33 and 34: Energy for Albania Albania is a cou
Page 35 and 36: SERVING URBAN DEVELOPMENT IN LARGE
Page 37 and 38: Connecting Southern Italy Historica
Page 39 and 40: 11 CORPORATE GOVERNANCE Company Pro
Page 41 and 42: SAVERIO SIGNORI Born 1961. A gradua
Page 43 and 44: Executive in Charge of Preparing th
Page 45 and 46: “In the Open” Project The Maire
Page 47 and 48: Balance Sheet Euro '000 2005 2006 2
Page 49 and 50: Viale L. Ariosto, 24/b 50124 Firenz
Page 51: www.mairetecnimont.it

FACTS & FIGURES - Tecnimont ICB

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