Maire Tecnimont S.p.A. (MT.MI) Income Statement Analysis – Financial Results

About Maire Tecnimont S.p.A.

Maire Tecnimont S.p.A. provides engineering services and works in Italy and internationally. It operates through Hydrocarbons and Green Energy segments. The Hydrocarbons segment designs and constructs plants, including separation, treatment, liquefaction, transportation, storage, regasification, and compression and pumping stations principally for the natural gas chain; chemical and petrochemical industry plants to produce polyethylene and polypropylene, ethylene oxide, ethylene glycol, purified terephthalic acid, ammonia, urea, and fertilizers; and hydrocarbon electric power plants, and waste-to-energy and district heating plants. This segment also issues licenses on patented technology and proprietary know-how to urea producers; and provides Sulphur recovery process, hydrogen production, and high temperature furnace services. The Green Energy segment offers mechanical plastics recycling and recycled chemicals promotion services; and develops additives and substitutes to oil for fuels or plastics from renewables activities. This segment also provides maintenance and facility management services; general services for temporary construction facilities; and infrastructure design and construction services. In addition, it undertakes works on renewables sector plants, which primarily include solar and wind plants. The company is headquartered in Milan, Italy. Maire Tecnimont S.p.A. is a subsidiary of GLV Capital S.p.A.