MAIRE secures new contracts worth around USD 260 million in IE&CS and STS business units, aligning with the Group's ten-year strategic plan.

At a glance

MAIRE S.p.A.'s subsidiaries, Integrated E&C Solutions (IE&CS) and Sustainable Technology Solutions (STS), have secured contracts worth approximately $260 million from international clients in Europe, Asia, and South America. KT-Kinetics Technology, a subsidiary of MAIRE, has been awarded a contract by PKN Orlen to build a pre-treatment plant in Poland that will produce renewable diesel from vegetable oils, used cooking oils, and animal fats. NextChem, another subsidiary of MAIRE, will act as the technology integrator for the project. The contract highlights MAIRE's expertise in renewable fuels and its role in the energy transition.

Milan – MAIRE S.p.A. announces that its Integrated E&C Solutions (IE&CS) and Sustainable Technology Solutions (STS) subsidiaries have been awarded new contracts for an overall value of approximately USD 260 million by international clients mainly in Europe, Asia and South America.

In particular, KT-Kinetics Technology has been awarded an IE&CS contract for a pre-treatment plant by PKN Orlen (PKN), a Polish multinational oil refiner and petrol retailer, with major operations in Central Europe. The project shall have a duration of 24 months. The pre-treatment plant, to be installed inside the Płock Refinery in Central Poland, shall process vegetable oils, used cooking oils and animal fats to produce renewable diesel (also known as Hydrotreated Vegetable Oil, or HVO) for the domestic and International markets. NextChem, part of the Sustainable Technology Solutions business unit, will act as technology integrator for the project. The unit will be the first of this kind in Poland and will contribute to the Country’s decarbonization plans, in line with the EU directives.

Alessandro Bernini, MAIRE CEO, commented: “The PKN award is a testament of MAIRE’s expertise in renewable fuels and value creation from second generation feedstock obtained from non-food crops. Thanks to the Group’s integrated approach across its two business units, MAIRE confirms its role as project enabler and technology integrator in the energy transition”.