Italy’s Maire Tecnimont S.p.A. announced in a statement that its subsidiary Tecnimont S.p.A., through its affiliate Tecnimont Arabia Company Limited has been awarded a reimbursable EPC contract by National Petrochemical Industrial Company (NATPET), Saudi Arabia.
The Project awarded for the reinstatement of the existing Polypropylene Plant located in Yanbu Industrial City, on the west coast of the Kingdom of Saudi Arabia.
The overall value of the contract is about USD 65 million on a reimbursable basis.
The project scope of work entails Engineering and Procurement Services, Material Supply, Construction Supervision Services and Construction Works. The project has an estimated execution schedule of about seven months, up to Ready for Start Up
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SaudiGulf Projects – October 2025 Updates along with summary of Major Projects awards
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