# Maire Tecnimont awarded $255M EPCC contract by IOCL for acrylic acid units in India

Maire Tecnimont's subsidiary Tecnimont has been awarded a $255 million EPCC lump sum contract by Indian Oil Corporation Limited to build new Acrylic Acid and Butyl Acrylate units in Dumad, Gujarat, India. The units will have capacities of 90,000 and 150,000 tons per year respectively, with mechanical completion in 26 months.

- Type: Contract
- Announced: 2020-12-23
- Where: Dumad, near Vadodara, Gujarat, India
- Value: $255.0M
- Status: announced
- Capacity: 90,000 tons per year (acrylic acid), 150,000 tons per year (butyl acrylate)
- Products: acrylic acid, butyl acrylate
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Maire Tecnimont](https://endata.com/companies/8164.md)
- [Indian Oil Corporation](https://endata.com/companies/492.md) (customer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/maire-tecnimont-strengthens-its-petrochemical-business-in-india-with-an-epcc-contract-of-about-usd-255-mn-301197669.html), 2020-12-23: "Our technology-driven strategy enabled us once again to seize opportunities in a market with a very promising downstream investment cycle."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.