Covestro to establish new aniline plant in Antwerp, Belgium, which is slated for completion by 2024; aniline is a raw material for MDI, which is used to make rigid foam for thermal insulation in buildings and in the refrigeration chain, among other uses

Sample article from our Logistic & Supply Chain

MILAN , January 13, 2022 (press release) –

Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has been awarded an Engineering, Procurement and Construction (EPC) contract by Covestro for a new aniline plant in Antwerp, Belgium.

Covestro is one of the world’s leading polymer companies, focusing on the manufacturing of high-tech polymer materials and the development of innovative, sustainable solutions for products used in many areas of daily life. 

The project will realize a substantial additional aniline production capacity to the existing Covestro site in Antwerp. The project comprises all the necessary prerequisites to produce the final products, including raw materials, infrastructure, and product logistics.

The contract will be executed on a lump sum basis and has a value of approximately €250 million. The project’s mechanical completion is expected by 2024. The new unit will be based on state-of-the-art technologies aimed at ensuring the highest standards in terms of process safety and energy efficiency.

The Antwerp site is Covestro’s European hub for aniline, and benefits from attractive infrastructure and logistics with direct access to the necessary raw materials. Aniline is an important starting material for numerous chemical products including methylene diphenyl diisocyanate, which is used to produce rigid foam for thermal insulation in buildings and in the refrigeration chain, among other uses. 

Pierroberto Folgiero, Maire Tecnimont Group Chief Executive officer, commented: “We are thrilled to welcome the new year with this important award that will start a great relationship with an innovative player such as Covestro, leveraging our technological know-how and commitment to ensure state-of-the-art environment and process safety standards. This award also strengthens our industrial footprint in Europe, and in particular in the Antwerp industrial area, one of Europe’s top strategic high-density processing district where we are already working on several high-end projects to unlock greater value in the transformation of natural resources”.


Maire Tecnimont S.p.A.
Maire Tecnimont S.p.A., a company listed on the Milan Stock Exchange, heads an international industrial group that is a leader in the transformation of natural resources (plant engineering in downstream oil & gas, with technological and execution expertise). Through its subsidiary NextChem, it operates in the field of green chemistry and the technologies to support the energy transition. Maire Tecnimont Group operates in about 45 countries, through approximately 50 operative companies and about 9,100 people. For more information: www.mairetecnimont.com.

 

Media Relations
Carlo Nicolais, Tommaso Verani
Tel +39 02 6313-7603    
mediarelations@mairetecnimont.it 

Investor Relations 
Riccardo Guglielmetti 
Tel +39 02 6313 7823
investor-relations@mairetecnimont.it

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Jason Irving
Jason Irving
- SVP Enterprise Solutions -

We offer built-to-order logistic & supply chain coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.