BWI: Proud recipients of the Prestigious Ipma International Project Excellence Award 2011

Press release from Business Wire India
Source: Tecnimont ICB
Monday, October 24, 2011 02:10 PM IST (08:40 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Construction, Defence & security, Energy companies, Major diversified industrial groups, Real estate
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Proud recipients of the Prestigious Ipma International Project Excellence Award 2011


Mumbai, Maharashtra, India, Monday, October 24, 2011 -- (Business Wire India) -- Tecnimont ICB Pvt Ltd (TICB), the Indian subsidiary of Maire Tecnimont Group, announces to be awarded the IPMA International project excellence Award 2011, "PRIZE WINNER" in Big Size project category for the Gulf Petrochemical Industries Company (GPIC) Carbon Dioxide recovery (CDR) Project.

In the same award ceremony held in Brisbane, Australia, the joint team formed by Tecnimont ICB Pvt Ltd and Tecnimont S.p.A., the main operative company of the Maire Tecnimont Group, was awarded the IPMA International Project excellence Award 2011, "PRIZE WINNER" in Mega Size project category for the Indian Oil Corporation Ltd (IOCL) Polypropylene (PP), Panipat (India) Project.

The IPMA International Project Excellence Award is annually bestowed upon the most successful project teams in the world. The award diligently recognizes excellent project management methods practiced across international projects. The Award was presented for the first time at the IPMA World Congress in Berlin in 2002.

The IOCL PP Project in Panipat (India), comprised Polypropylene Unit (two streams with each 3,00,000 TPA -2X300KTY) plus Product Warehouse with Bagging Machines for all polymers. This project was successfully realized by Tecnimont S.p.A in 2010 on EPCC Lump sum Turnkey.

The GPIC CDR project in Bahrain was to build a plant to recover carbon dioxide from the flue gas coming out of the reformer in the methanol plant. The project was successfully implemented by Tecnimont ICB, India in 2010 on EPCC lump sum turnkey.

The above projects have undergone critical assessment process according to the IPMA Model for Project Excellence and have achieved the highest status of "PRIZE WINNER" in their respective categories.

The coveted awards signify the excellent Project Management Standards followed by Maire Tecnimont Group companies across global projects of all sizes and complexities.

Tecnimont ICB

TICB (an integral part of Maire Tecnimont group) is amongst the few engineering and construction companies in India that has capability and experience to supply plants on Lump-sum Turnkey basis in addition to providing EPC services to group companies for projects worldwide. TICB group maintains a highly qualified and experienced staff of more than 2000, specialized across multidiscipline engineering, procurement, project & construction management and is an ISO 9001-2008, ISO 14001-2004 and OHSAS 18001:2007 certified company. Over the years TICB has received many prestigious awards for export performance, best engineering practices and timely completion of projects.

Maire Tecnimont SpA

Maire Tecnimont S.p.A. is the parent company of an Engineering, Main Contracting & Licensing group which operates in three sectors: Oil, Gas & Petrochemicals, Power, Infrastructure & Civil Engineering. The Group, quoted on the Milan Bourse, is present in over 30 Countries, controls over 50 operating companies and can rely on a workforce of about 5,300 employees, of which more than half are located internationally. At 31 December 2010, the Group reported Revenues of ?2,536 million and Net income, after minorities, of ?62 million.

For further information: www.mairetecnimont.it.

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CONTACT DETAILS
Srushti Rao, Tecnimont ICB, +91 (22) 6694 5555, communication@ticb.com

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