Technip Awarded a Substantial Contract for a New Fertilizer Unit in Slovak Republic

Regulatory News :

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by Duslo a.s. a substantial⁽¹⁾ contract on lumpsum turnkey basis to develop the engineering, procurement and construction (EPC) of a new ammonia production unit in the existing fertilizer complex located in Sal’a, Slovak Republic.

Based on Haldor Topsoe⁽²⁾ last generation technology, the new unit will have a capacity of 1,600 tons per day of ammonia. It will incorporate the most advanced engineering and technological solutions for minimum energy consumption and reduction of pollutants emissions.

Technip’s operating center in Rome, Italy, will execute the contract, scheduled to be starting up at the beginning of 2018.

Marco Villa, Technip Region B⁽³⁾ President, commented: "This award reinforces the long-lasting relationship between Technip and Haldor Topsoe, the global market leader in ammonia technology and catalysts, and confirms Technip’s leading position in the fertilizer sector. In line with the European energy saving and greenhouse gas reduction policies, this new fertilizer unit will be executed with the highest standards in terms of technology, efficiency and environmental protection”.

⁽¹⁾For Technip, a "substantial” onshore contract is ranging from €250 to €500 million.

⁽²⁾Haldor Topsoe is a world leader in catalysis and surface science.

⁽³⁾Technip Region B is composed of Italy, Greece, Eastern Europe/Russia, South America and Canada and Middle East Onshore-Offshore.

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