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Maire Tecnimont SpA (MTCM.MI)

MTCM.MI on Milan Stock Exchange

3.18EUR
9:47am GMT
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€0.07 (+2.25%)
Prev Close
€3.11
Open
€3.10
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€3.19
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€3.10
Volume
220,235
Avg. Vol
674,630
52-wk High
€4.69
52-wk Low
€2.98

Latest Key Developments (Source: Significant Developments)

Maire Tecnimont Awarded EUR 200 Mln Fertilizer Project In Russia By Volgafert
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Maire Tecnimont SpA ::AWARDED EUR 200 MLN FERTILIZER PROJECT IN RUSSIA BY VOLGAFERT.IN ORDER TO FINANCE WHOLE PLANT, CREDIT LINE OF ABOUT EUR 160 MILLION IS CURRENTLY UNDER FINALIZATION.  Full Article

Maire Tecnimont Launches Nextchem, New Business Unit For Energy Transition
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Maire Tecnimont SpA ::LAUNCHES NEXTCHEM, NEW BUSINESS UNIT FOR ENERGY TRANSITION.EUR 50 MILLION EBITDA EXPECTED IN 2023 FROM THE NEXTCHEM INITIATIVE.  Full Article

Maire Tecnimont Provisionally Awarded USD 248 Mln LPG Project In Algeria
Monday, 3 Sep 2018 

Sept 3 (Reuters) - Maire Tecnimont SpA ::PROVISIONALLY AWARDED USD 248 MILLION LPG PROJECT BY SONATRACH IN ALGERIA.FORMAL CONTRACT SIGNING IS EXPECTED TO TAKE PLACE IN SEPTEMBER 2018.THE PROJECT’S COMPLETION IS SCHEDULED WITHIN 30 MONTHS FROM THE COMMENCEMENT DATE.  Full Article

Maire Tecnimont H1 Net Profit Down At EUR 55.3 Mln
Thursday, 26 Jul 2018 

July 26 (Reuters) - Maire Tecnimont SpA ::H1 NET PROFIT EUR 55.3 MILLION VERSUS EUR 61.7 MILLION YEAR AGO.H1 REVENUE EUR 1.82 BILLION VERSUS EUR 1.65 BILLION YEAR AGO.SAYS H2 CASH FLOWS ARE EXPECTED TO GENERATE A FINANCIAL PERFORMANCE IN LINE WITH THE FIRST SEMESTER.H2 EPC REVENUES ARE EXPECTED TO BE IN LINE WITH H1, WITH MARGINALITY TYPICAL OF EPC CONTRACTS.  Full Article

UAE's Borouge Awards EPC Contract To Build Fifth Polypropylene Plant In Ruwais
Tuesday, 24 Jul 2018 

July 24 (Reuters) - BOROUGE::AWARDS ENGINEERING, PROCUREMENT AND CONSTRUCTION (EPC) CONTRACT TO BUILD FIFTH POLYPROPYLENE PLANT IN RUWAIS .SAYS EPC CONTRACT FOR FIFTH POLYPROPYLENE PLANT HAS BEEN AWARDED TO TECNIMONT SPA, A SUBSIDIARY OF ITALY’S MILAN-BASED MAIRE TECNIMONT .SAYS FIFTH POLYPROPYLENE PLANT WILL BE INTEGRATED WITH THE EXISTING BOROUGE 3 COMPLEX IN RUWAIS AND GROW THE POLYMER PRODUCTION CAPACITY TO ALMOST 5 MILLION TONNES PER ANNUM BY 2021 .SAYS NEW PLANT WILL HAVE A NAMEPLATE CAPACITY OF 480,000 TONNES PER ANNUM AND IS EXPECTED TO COME ON STREAM IN Q3 2021 .SAYS WITH THIS INVESTMENT THE TOTAL POLYPROPYLENE PRODUCTION CAPACITY OF BOROUGE WILL GROW TO 2.24 MILLION TONNES PER ANNUM.  Full Article

Maire Tecnimont Signs Agreement With Bio-on On Biodegradable Fertilizers
Wednesday, 30 May 2018 

May 30 (Reuters) - Maire Tecnimont SpA ::HAS SIGNED INVESTMENT AGREEMENT WITH BIO-ON REGULATING ENTRY OF MAIRE GREEN CHEMICALS IN U-COAT.U-COAT IS COMPANY ESTABLISHED TO MARKET SOLUTION FOR BIODEGRADABLE FERTILIZERS.MAIRE GREEN CHEMICALS TO OWN 50 PERCENT OF U-COAT.  Full Article

Maire Tecnimont: Results Of Offering For Notes Due April 30, 2024
Saturday, 28 Apr 2018 

April 30 (Reuters) - Maire Tecnimont ::ANNOUNCED ON SATURDAY THE OFFERING CLOSING FOR NOTES DUE APRIL 30, 2024.ON MAY 3, 165,000 NOTES WILL BE ISSUED AT AN ISSUE PRICE EQUAL TO 100% OF THE NOMINAL VALUE, WITH THE DENOMINATION.OF EUR 1,000 EACH.THE GROSS PROCEEDS OF THE OFFERING WILL AMOUNT TO EURO 165 MILLION.EQUITA S.I.M. S.P.A AND BANCA AKROS S.P.A. - GRUPPO BANCO BPM HAVE ACTED AS JOINT BOOKRUNNERS.  Full Article

Maire Tecnimont: Offer Of Bonds Due 2024 Has Reached 150 Mln Euro Threshold
Thursday, 19 Apr 2018 

April 19 (Reuters) - MAIRE TECNIMONT SPA ::OFFER OF BONDS DUE 2024 HAS REACHED MINIMUM THRESHOLD OF EUR 150 MILLION.  Full Article

Maire Tecnimont Sets Interest Rate For EUR 250 Million Notes
Monday, 16 Apr 2018 

April 16 (Reuters) - Maire Tecnimont SpA ::SAYS THE INTEREST RATE FOR EUR 250 MILLION NOTES WILL BE 2.625% PER ANNUM.  Full Article

Maire Tecnimont To Launch On April 18 Subscription Offer For Senior Unsecured Bond Due 2024
Wednesday, 11 Apr 2018 

April 12 (Reuters) - MAIRE TECNIMONT SPA ::ITALY'S MAIRE TECNIMONT SAYS TO LAUNCH SUBSCRIPTION OFFER ON APRIL 18 FOR SENIOR UNSECURED BOND DUE APRIL 30, 2024.ITALY'S MAIRE SAYS TO USE PROCEEDS FROM BOND ISSUE TO REPAY BANK DEBT.  Full Article

Italy - Factors to watch on Dec. 17

The following factors could affect Italian markets on Monday.