Sylacauga, Alabama (USA), 6 June 2018 – Maire Tecnimont S.p.A. is proud to announce that a major industrial milestone has been achieved by its subsidiary Stamicarbon B.V. and Pursell Agri-Tech LLC (PAT). Stamicarbon is PAT’s industrial partner and shareholder through its USA subsidiary, Stamicarbon USA Inc..Yesterday, in fact, the Grand Opening of a new commercial fertilizer coating facility was held in Sylacauga, Alabama. The plant, owned by PAT, will produce a next-generation smart fertilizer coating that will enhance efficiency and increase agricultural productivity, while significantly reducing the impact on the environment. In fact, the smart fertilizer has an innovative coating that contains the nutrients inside the membrane. It prevents valuable nutrients from leaching into the soil and volatilizing into the air, enabling them to be released into the soil at the right time and the right rate.

The synergistic combination of unique coating materials and a low-cost modular facility design allows plants to be placed close to the relevant markets, removing additional cost from production and distribution. These controlled-release fertilizers will help farmers improve their yields and optimize production, even on large-scale crops. PAT has partnered up with Stamicarbon to license this technology to fertilizer producers, traders, blenders and distributors worldwide.

Pierroberto Folgiero, Maire Tecnimont Group Chief Executive Officer, commented: “This achievement confirms Maire Tecnimont Group’s technology-driven approach in developing and commercializing innovative, pioneering technologies. Together with PAT we are now able to provide a more efficient, sustainable and future-proof solution worldwide.”

Maire Tecnimont S.p.A.

Maire Tecnimont S.p.A., a company listed on the Milan Stock Exchange, leads an industrial group (Maire Tecnimont Group) playing a major role in the international Engineering & Construction (E&C), Technology & Licensing and Energy Business Development & Ventures markets, with specific competences in plant building, particularly in the hydrocarbons segment (Oil & Gas refining, Petrochemicals and Fertilizers), as well as in Power Generation and Infrastructures. Maire Tecnimont Group operates in approximately 40 different countries, numbering around 50 operative companies and a workforce of about 5,500 employees, along with approximately 3,000 additional Electrical & Instrumentation professionals. For more information: www.mairetecnimont.com.

Stamicarbon BV

Stamicarbon, headquartered in The Netherlands, is a global leader in the design and project development of chemical plants and licensing of technologies as well as a supplier of high-end equipment and services for the petrochemical industry. This leading position is based on 70 years of experience in licensing and is maintained by its continuous innovations in technologies, products and materials. A pioneering company specialized in the fertilizer industry with a vision to help enable the world to feed itself and improve quality of life. It has licensed more than 250 urea plants and realized more than 100 revamping and optimization projects. Part of the Maire Tecnimont Group, the Stamicarbon headquarters is in Sittard, The Netherlands with a sales office in USA and representative offices in Russia and China.

Pursell Agri-Tech LLC

The Pursell family has been in the business of agriculture for more than 100 years, and has long pioneered the use of polymer coating for the purpose of controlling fertilizer release rates and enhancing nutrient-use efficiency. Pursell Agri-Tech, based in Sylacauga, Alabama, U.S.A., is committed to expanding on this legacy by developing and commercializing sustainable, next-generation controlled-release fertilizer and coating technologies that increase agricultural output and productivity while reducing the impact on the environment.