1. Tecnimont Company Profile
May 2014

2. Group Overview
Tecnimont: Engineering & Construction (E&C)
E&C: Oil, Gas & Petrochemicals
E&C: Fertilizers
E&C: Focus on Megaprojects
E&C: Other Activities

3. Ø US$ 4.7bn** 0.02* Total Recordable Incident Rate
GROUP OVERVIEW: Facts & Figures
Focus on Oil&Gas
Petrochemicals
Fertilizers
Flexible Business Model offering advanced skills in Licensing, Engineering Services, EP (Engineering & Procurement), EPC (Engineering, Procurement & Construction)
Technology
&
Licensing
Engineering
&
Construction
(E&C)
Energy
&
Ventures Ø
Zero Incident Target
Safety Culture
The largest gas treatment plant under completion in Abu Dhabi (UAE) on a Lump Sum Turn Key (LSTK) basis
US$ 4.7bn**
0.02* Total Recordable Incident Rate
vs 0.38 industry benchmark
*referred to Tecnimont Group **overall value of the Habshan 5 project, MT share is 50%

4. Well recognized position
GROUP OVERVIEW: Global & Technological Leadership
Market share in polyolefins**
(#1 worldwide as per capacity installed in the last 6 ys), including a 40% in LDPE
(Low Density PolyEthylene)
Over 1000
Individual Patents
30%
Market share in licensing urea plants technology
(#1 worldwide)**
Market share in licensing urea granulation technology
(#2 worldwide)**
54%
34% #9
Top International
Design Firms List*
Since 1924 the Group completed:
Ammonia plants
Urea plants
in Licensing hydrogen technology
(with single train capacity up to
180,000 Nm3/h) and in licensing
Sulphur Recovery and Tail Gas Treatment Technology
(with design capacity of single train
up to 1,500 t/d)
Well recognized position 95 68
*2013 ENR Sourcebook, Petroleum section “Refineries and Petrochemical Plants” – December 2013
**management estimate

5. Incorporation of MAIRE TECNIMONT Listing on the Italian Stock Exchange
GROUP OVERVIEW: Key Milestones (1/2)
1899 FIAT GROUP
1958
Incorporation of ICB Pvt Ltd as consulting firm in the plant sector in Mumbai
1972 Incorporation of FIAT ENGINEERING
1977
Creation of the first JV
between ICB and Tecnimont
2002
Acquisition of FIAT Avio’s Electric
Design & Construction Business
1990s
Tecnimont acquires 50% of the Indian company renamed as Tecnimont ICB Pvt Ltd (TICB)
2004
Acquisition of
Fiat Engineering
(later MAIRE ENGINEERING)
Oct 2005
Nov 2007
Dec 2007
Tecnimont ICB:
Over 5 decades of excellence
Among the largest E&C companies in India
Centre of Excellence for the Group - engineering centre/EPC contractor for selected projects
Benchmark quality & cost efficiency
Highly skilled personnel
Electrical & Instrumentation (E&I) installation excellence
Incorporation of MAIRE TECNIMONT
Listing on the Italian Stock Exchange
Acquisition of 100% of TICB India, now fully owned and integrated in the Group
2005 Maire Group acquires Tecnimont
1973 Incorporation of TECNIMONT
1966 Incorporation of MONTEDISON
1963 Giulio Natta
Nobel Prize for chemistry
1884 EDISON Power Supply
1888 MONTECATINI Mines and Chemicals
then focused on
Fertilizers (G.Fauser) Polypropylene (G.Natta)

6. GROUP OVERVIEW: Key Milestones (2/2)
New Milan Offices:
2 Towers +1 Service Building (tot 69,000 sqm)
About 2,000 employees when fully operational
Effective competences integration and cross fertilization among BUs
Reorganization of Italian HQs
1971
Kinetic Technology Int. - KTI
More than 40 years of
experience in process engineering
1988
Mannesmann acquired KTI
1999
Technip Italy acquired KTI
Oct 2009
Jun 2010
From 2013 on
Acquisition of Stamicarbon
Acquisition of Technip KTI
(later KT)
LAUNCH OF THE NEW BUSINESS STRATEGY
1947
Incorporation of
STAMICARBON
Chemical and Fertilizer licensing
1937
Dutch State Mines – DSM
research centre for services work to coal mines

7. EXTENSIVE INTERNATIONAL PRESENCE: Our Employees
About 4,300 employees, half of whom are employed outside Italy
Presence in about 30 countries with 45 operating companies
EMPLOYEES BY COUNTRY
Italy ,903
 Milan                             ,370
Rome
Others  
Rest of Europe
The Netherlands
Germany
Others
Asia ,978
India ,568
Rest of Asia
South America
Africa
Total ,295
Average age: ~ 41 years
Approximately 54% graduates
Salzgitter
Sittard
Milan
Rome
Mumbai
Subsidiaries, branches
and representative offices
Headquarters
Main Offices
Figures as of 31 December 2013

8. COMMITMENT FOR HEALTH AND SAFETY
Maire Tecnimont safety performances: zero incident targets
Maire Tecnimont Group Safety 2013
(based on approx million hours worked on-site)
International Reference Benchmarks
KPI*
Maire Tecnimont
Oil&Gas Producers 2012
Contractor data (1)
Construction Industries Institute - CII (2)
LTIF
(OSHA – Lost Time Injury Frequency)
0.003
0.10
0.06
TRIR
(OSHA - Total Recordable Injury Rate)
0.02
0.38
0.45
Environment, Health and Safety Management System as core value and personal commitment
Integrated HSE Management System constantly reinforced, diffused, checked and upgraded with results considerably higher than international standards
(*) KPI - Key Performance Indicator
(1)    Source: International Association of Oil & Gas Producers - Report No 2012s June Safety Performance indicators data - Contractor aggregated data
(2)  Source: CII – Benchmarking & Metrics Program – 2011 Safety Report – Aggregated data Contractors 2010 (BMM October 2012) 8

9. ENGINEERING & CONSTRUCTION: Oil, Gas & Petrochemicals
The Group offers a wide range of competences from feasibility studies to FEED, technology selection and project implementation on a lump-sum turnkey basis:
gas production and treatment, LNG liquefaction and regasification, underground gas storage, transmission and compression, distribution and pumping stations, aromatics complexes, refinery units, propane dehydrogenation (PDH)
historical leadership in chemicals & petrochemicals, in particular: polymers (PE and PP), ethylene oxide and ethylene glycol, PTA, ammonia and fertilizers
complete solutions for fertilizer business including technology licensing, EPC projects and O&M 9

10. E&C: Main Petrochemicals Projects
POLYETHYLENE/NAO PLANTS – Q-CHEM II DERIVATIVES COMPLEX – MESAIEED (QATAR)
Capacity:350 KTY HDPE; 350 KTY Normal alpha-olefins
Client: QATAR CHEMICAL COMPANY II
Contract type: EPC
Value: ～ US$830mn (MT share US$440m – consortium Daewoo)
Contractor: Tecnimont
COMPLETED PROJECTS
PDH PLANT TOBOLSK (WESTERN SIBERIA)
Capacity: 510 KTY Propane Dehydrogenation (PDH)
Client: Tobolsk Polymer LLC (JSC Sibur Holding)
Value: ～ €660mn
Contractor: Tecnimont
UNDER REALISATION PROJECTS
LDPE PLANT
BRATISLAVA (SLOVAK REPUBLIC)
Capacity: 220 KTY Low Density Polyethylene
Client: Slovnaft Petrochemicals s.r.o. (MOL Group)
Contract type: EPC LSTK
Value: ～ €204mn
Contractor: Tecnimont
POLYOLEFIN PLANTS FOR PP AND PE DAHEJ (INDIA, GUJARAT)
Capacity:340 KTY PP; 2 x 360 KTY HD/LLD Swing PE
Client: OPaL (jv ONGC, GSPC, GAIL)
Contract type: LSTK
Value: ～ €320 mn
Contractor: Tecnimont
LDPE PLANT VERACRUZ
300 KTY Low Density Polyethylene
Client: Etileno XXI Services BV
Contract type: EP
Value: ～ €147mn
Contractor: Tecnimont
BOROUGE 3 – Expansion
RUWAIS (UAE)
Cpacity: 480 KTY PP; 428 KTY PP;
2X540 KTY PE; 350 KTY LDPE
Client: BOROUGE (jv ADNOC – Borealis)
Contract type: LSTK
Value: US$1.86bn (jv Samsung – MT 55%)
Contractor: Tecnimont
LDPE PLANT
SADARA (SAUDI ARABIA)
Client: Sadara Chemical Company
Contract type: EP
Value: ～ US$210mn
Contractor: Tecnimont
POLYOLEFINS COMPLEX - BOROUGE 2 RUWAIS (UAE)
Capacity: 400 KTY PP; 400 KTY PP; 540 KTY PE
Client: BOROUGE (jv ADNOC - Borealis)
Contract type: EPC
Value: US$1.8bn
Contractor: Tecnimont
POLYOLEFINS COMPLEX
RABIGH (SAUDI ARABIA)
Capacity:2 x 350 KTY PP; 250 KTY EPPE; 350 KTY LLDPE; 300 KTY HDPE; 50 KTY Butene-1
Client: Petro Rabigh (jv Aramco - Sumitomo)
Contract type: EPC – Contractor: Tecnimont
Value: US$1,200mn (MT share US$768 mn) (consortium Sumitomo Chemical Eng.Co)
PDH/POLYPROPYLENE PLANT
AL JUBAIL (SAUDI ARABIA)
Capacity: 467 KTY Propane dehydrogenated; 450 KTY PP
Client: Al Waha (jv Sahara, LyondellBasell)
Contract type: EPC
Value: ～ €580mn (MT share €358mn – consortium Daelim) Contractor: Tecnimont
> 1000 €m
500 to 1000 €m
200 to 500 €m
< 200 €m

11. E&C: Main Oil & Gas Projects
COMPLETED PROJECTS
UNDER REALISATION PROJECTS
OIL AND GAS TREATMENT "TEMPA ROSSA“
CORLETO PERTICARA (ITALY)
Client: Total E&P Italia S.p.A.(Total Group)
Contract type: EPSCC
Value: ～ €567mn
Contractor: Tecnimont and KT
UNDERGROUND STORAGE STATION WIERZCHOWICE (POLAND)
Capacity:Exp. To 1.2 billion STDm3
Client: PGNiG
Contract type: EPC
Value: ～€383mn (MT share €99.2m consortium PBC)
Contractor: Tecnimont
NAGRP/AGRP REVAMPING PROJECT
KUWAIT CITY (KUWAIT)
Capacity: Acid Gas Removal Plant (230 MSCFD – 78,000 BPD)
Client: KNPC
Contract type: LSTK
Value ～ €320mn
Contractor: Tecnimont
LNG TERMINAL CHENTOUJIA, GUANGDONG (CHINA)
Client: GUANGDONG LNG JEO
Contract type: EPC
Value: ~ €280mn (MT share 45% - jv Saipem)
Contractor: Tecnimont
INTEGRATED GAS DEVELOPMENT – HABSHAN 5 (ABU DHABI – UAE)
Capacity: Gas Treatment 2,150 MM scf/day; Sulphur Product 5,200 ton/day (4 trains of 1,300 ton/day each)
Client: GASCO
Contract type: LSTK
Value ～ US$4.7bn (MT share 50% - jv JGC)
Contractor: Tecnimont
AROMATICS COMPLEX SHUAIBA (KUWAIT)
Capacity:768 KTY PX; 325 KTY BZ
Client: KUWAIT PARAXYLENE PRODUCTION COMPANY (KPPC)
Contract type: EPC
Value: US$1,228mn (MT share US$730mn - consortium SKEC)
Contractor: Tecnimont
> 1000 €m
500 to 1000 €m
200 to 500 €m
< 200 €m

12. ENGINEERING & CONSTRUCTION: Fertilizers
The Group provides a wide and integrated range of services, from feasibility studies to basic engineering, from selecting the technology to developing lump-sum turnkey projects.
Thanks also to the acquisition of Stamicarbon in , the Group is a benchmark player for the development of ammonia-urea E&C projects, ensuring the client the best technologies available in the market.
Since 1924, the Group has completed 95 ammonia plants and 68 urea plants (mainly in India, the Middle East, Russia, China, and South America).

13. E&C: Main Fertilizers Projects
COMPLETED PROJECTS
UNDER REALISATION PROJECTS
AMMONIA PLANT
KINGISEPP (RUSSIAN FEDERATION)
Capacity : 2.7K MTPD (KBR Technology); Utilities and Offsites
Client: EuroChem Mineral and Chemical Company
Contract type: Engineering Works
Value: ~€15mn
Contractor: Tecnimont
AMMONIA/UREA PLANTNEVINNOMYSSK
(RUSSIAN FEDERATION)
Capacity : Ammonia :2.7K MTPD (KBR Technology); Granular Urea: 3.5K MTPD (Stamicarbon technology); Utilities and Offsites
Client: EuroChem Mineral and Chemical Company
Contract type: Engineering Works
Value: ~€15mn
Contractor: Tecnimont
IOWA (USA)
Capacity 2,200 t/d
Client: Orascom Construction Industries
Contract type: EP
Value: ～ US$250mn
Contractor: Tecnimont (Ammonia Plant)
Licensor: Stamicarbon (Urea Plant)
AMMONIA PROJECT URUMQI XINJIANG (CHINA)
Capacity: 1,000 T/d
Client: SINOPEC for Urumqi General Petrochemical Works
Contract type: Licence, Engineering, Procurement, Technical Assistance
Value: US$87mn
Contractor: Tecnimont
FERTILIZERS COMPLEX
ASWAN (EGYPT)
Capacity: Ammonia Unit 1,200 T/d; Urea Production Unit 1,575 T/d; Urea Granulation Unit 1,575 T/d; Utilities & Off-site facilities
Client: KIMA
Contract type: EPCC LSTK, currently on hold
Value: US$530mn
Contractor: Tecnimont (Ammonia Plant)
Licesor: Stamicarbon (Urea Plant)
AMMONIA PROJECT Hejiang SICHUAN (CHINA)
Capacity: 1,000 T/d
Client: CNTIC for Sichuan Natural Gas Chemical Plant
Contract type: Licence, Engineering, Procurement, Technical Assistance
Value: US$80mn
Contractor: Tecnimont
UREA DEBOTTLENECKING & GRANULATION PLANT
SHUAIBA (KUWAIT)
Capacity: 1,750 T/d urea melt;  2 x 1,750 T/d urea granulation
Client: P.I.C.
Contract type: EPC
Value: US$100mn
Contractor: Tecnimont
FERTILIZER COMPLEX PROJECT AL-JUBAIL (KINGDOM OF SAUDI ARABIA)
Capacity: 1.5K t/d ammonia; 1.8K t/d urea
Client: SAFCO
Contract ype: LSTK
Value: US$350mn
Contractor: Tecnimont
AMMONIA PLANT NANGAL PUNJAB (INDIA)
Capacity: 950 T/y
Client: National Fertilizers Ltd.
Contype: EPCC LSTK
Value: US$262mn (Consortium with TICB)
Contractor: Tecnimont
> 1000 €ml
500 to 1000 €ml
200 to 500 €ml
< 200 €ml

14. E&C Focus on Key Mega Projects: Habshan 5
Habshan 5 is one of the largest gas treatment plants under realization worldwide and has been developed to accommodate additional Offshore Gas production and additional associated gases that will become available as a result of the expansion of ADCO’s onshore oil production
Client: GASCO (ADNOC Group), the operating company responsible for the processing of natural and associated gas onshore oil operation in UAE, is one of the largest gas processing companies in the world
Contract Value: US$4.7 billion 50/50 jv JGC-Tecnimont
Area: Habshan area, 150 km S-W Abu Dhabi
Plant Capacity: Gas Treatment 60 MM m3 /day; Sulphur Product 5,200 ton/day
Tecnimont scope of work: EPC, Pre Commissioning and Testing plus 2 Years Operation Spare Parts
Total manpower on site: 30,000 (10,000 Tecnimont)
INVOLVED OPERATING CENTRES
JGC Yokohama
Operating Centre
Tecnimont Milan
JGC Philippines Inc.
Manila
Tecnimont, ICB
Mumbai
GASCO PJ Site Office KT
Rome
JGC Descon
Lahore
PLANT OPERATION - CRITICAL POINTS
Selection of Project Managers: A- Team
Coordination of procurement and logistics
Selection of Sub-Contractors
Constant Control of project advancement with monthly meetings with clients: resolution of bottlenecks
Construction execution plan
Commissioning/start up execution plan

15. in terms of production capacity
E&C Focus on Key Mega Projects: Tobolsk
The Tobolsk plant will be among the largest dehydrogenation plants worldwide
in terms of production capacity
Client: Tobolsk Polymer LLC, a company owned by JSC Sibur Holding, the most important petrochemical producer in Russia
Contract Value: approximately €675 mn
Area: Tobolsk (Western Siberia) – Russian Federation. The project will be realized in the existing industrial complex of Tobolsk, using UOP’s innovative Oleflex TM technology to transform propane into propylene through dehydrogenation.
Plant Capacity: 510,000 t/y PDH
Tecnimont scope of work: Engineering and Procurement
Special equipment:
Use of rare self lifting vessel (reserved almost one year before) to lift and transport reactors of tons. from Korea to Siberia (Arkangelsk Port) via Pacific.
Climate harshness (-40°C):
Availability of short period to transport the equipments along the Kara Strait and Ob River, iced all year long except for two months.
Long geographical distance:
About 75 days to transport the reactors from Korea to Tobolsk.

16. E&C Focus on Key Mega Projects: Borouge 3
Borouge 3 is a mega project of five polymers process plant which have required the involvement of numerous suppliers and operating units on an international scale
Client: BOROUGE, a joint venture formed by Abu Dhabi National Oil Company and Austria based Borealis. The name Borouge in Arabic means “Towers”, as those 70-metres high that support the loop reactors of the plant.
Contract Value: US$1.65bn (jv Samsung – Tecnimont 55%).
Plant Location: Ruwais, 240 km W of Abu Dhabi City, UAE.
Plant Capacity: 2 polypropylene plants of 480,000 tons/year each; 2 polyethylene plants of 540,000 tons each; 1 low-density polyethylene plant of 350,000 tons/year.
Tecnimont scope of work: Engineering, Procurement & Construction.
MAIN PECULIARITIES OF THE PROJECT
Operating units and plant site located in different areas of the globe: Milan, Malta, Seoul, Mumbai, Salzgitter, Abu Dhabi and Ruwais.
Construction site sandy environment (the first time in the world for an LDPE plant).
Specific attention to cleanliness of materials, requiring a total absence of impurities.
High-pressure technology: the process liquids reach pressure levels of 3,000 atmospheres, demanding the highest standards of quality and safety.

17. ENGINEERING & CONSTRUCTION: Other Activities - Power
The Group has developed excellent capabilities in Italy and abroad in EPC projects for power plants:
simple-cycle and combined-cycle gas-fired power plants
coal-fired power plants
hydro, biomass and waste-to-energy plants
cogeneration
re-powering
electrical and energy distribution systems for civil and industrial use
district heating systems

18. E&C: Main Power Projects
COMPLETED PROJECTS
UNDER REALISATION PROJECTS
COMBINED CYCLE 840 MW TURBIGO (ITALY)
Client: EDIPOWER
Contract type: EPC
Value: €224mn (MT share: 35%)
Contractor: Tecnimont
PUNTA CATALINA PROJECT
(DOMINICAN REPUBLIC)
Client: CDEEE
Contract type: EP
Value: US$926mn
Contractor: Tecnimont
COMBINED CYCLE 840 MW PIACENZA (ITALY)
Client: EDIPOWER
Contract type: EPC
Value: €230mn (MT share: 35%)
Contractor: Tecnimont
COAL POWER PLANT 720 MW CEARÀ (BRAZIL)
Client: MPX Pecem Geraçao de Energia S.A. (MPX and EDP)
Contract type: EPC
Value: ~ €760mn (MT share 74%)
THIRD LINE “PECEM 2”
Value: €390mn (MT share 74%)
Contractor: Tecnimont
COMBINED CYCLE 100 MW
VALONA (ALBANIA)
Client: ALBANIAN ELECTRO- ENERGY GOVERNMENT AUTHORITY (KESH)
Contract type: EPC
Value: €115mn
Contractor: Tecnimont
COAL POWER PLANT 360 MW MARANHAO (BRAZIL)
Client: Diferencial Energia Empreendimentos e Participaçoes Ltda. (MPX)
Contract type: EPC
Value: ~ €410mn (MT share 74%)
Contractor: Tecnimont
BOCAMINA COAL POWER PLANT 370 MW CORONEL (CHILE)
Client: ENDESA Chile
Contract type: EPC
Value: US$558mn (MT share 75%)
Contractor: Tecnimont
COAL POWER PLANT 370 MW
CORONEL (CHILE)
Client: COLBUN ELECTRICITY COMPANY
Contract type: EPC
Value: US$523mn (MT share 75%)
Contractor: Tecnimont
> 1000 €ml
500 to 1000 €ml
200 to 500 €ml
< 200 €ml

19. info@mairetecnimont.it – www.mairetecnimont.com
Via Gaetano De Castillia 6 A Milan Tel Fax –