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Maire Tecnimont updates on two contracts with SOCAR Polymer

Oil&Gas Materials 16 August 2021 14:21 (UTC +04:00)
Maire Tecnimont updates on two contracts with SOCAR Polymer

BAKU, Azerbaijan, Aug.16

By Leman Zeynalova – Trend:

Closure of the remaining punch points and warranty defects is currently underway as part of the contract signed between Tecnimont S.p.A. and KT – Kinetics Technology S.p.A. and SOCAR Polymer, Trend reports with reference to the company.

In December 2015 Tecnimont S.p.A. and KT – Kinetics Technology S.p.A. agreed with SOCAR POLYMER a lump sum EPC 120 kTpY polyethylene plant construction contract in Sumgayit (30 KM north of Baku). This contract follows the order awarded in April 2015 by the same client Socar Polymer. The project includes engineering services, the provision of equipment and materials and construction until the start-up of the plant and the performance tests. The home office services have been completed, as has procurement/manufacturing, with the exception of the shipping of materials for replacements under warranty. Performance tests were carried out, a PAC was issued on June 12, 2020 and an FAC was received on June 5, 2021. Closure of the remaining punch points and warranty defects is currently underway. The ordinary warranty period came to an end on June 12, 2021, whereas the extended warranty remains in effect for the equipment and materials that underwent changes during the warranty period.

In April 2015 Tecnimont S.p.A. and KT – Kinetics Technology S.p.A. agreed with SOCAR POLYMER a lump sum EPC 180 kTpY polypropylene plant construction contract in Sumgayit (30 KM north of Baku). The project includes engineering services, the provision of equipment and materials and construction until the start-up of the plant and the performance tests. Home office services and procurement/manufacturing have been completed. The start-up and performance tests have been completed. The PAC was delivered on July 31, 2019. Final Acceptance was issued on October 20, 2020. The ordinary warranty period came to an end on July 31, 2020, whereas the extended warranty remains in effect for the equipment and materials that underwent changes during the warranty period.

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