Key Developments: Tecnicas Reunidas SA (TRE.MC)

TRE.MC on Madrid SE C.A.T.S.

8 Feb 2016
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Latest Key Developments (Source: Significant Developments)

Tecnicas Reunidas SA to pay out FY 2015 dividend
Friday, 18 Dec 2015 

Tecnicas Reunidas SA:Says to pay FY 2015 interim dividend of 0.667 euro gross per share on Jan. 12, 2016‍.  Full Article

Argex Titanium awards Tecnicas Reunidas EPC contract
Wednesday, 4 Mar 2015 

Tecnicas Reunidas SA:Says Argex Canada Inc, a subsidiary of Argex Titanium Inc, has awarded an Engineering, Procurement and Construction contract to the company for Argex's first industrial scale 50,000 tonne per annum Titanium Dioxide plant.EPC Contract will be performed in two phases.  Full Article

Tecnicas Reunidas SA announces FY 2014 dividend payment
Thursday, 18 Dec 2014 

Tecnicas Reunidas SA:Announces FY 2014 dividend payment of 0.667 euros gross.Payment date is set to Jan. 15, 2015.Total dividend payout equals to 35.8 million euros.  Full Article

Tecnicas Reunidas selected by YARA for Nitric Acid Plant in Norway
Wednesday, 3 Dec 2014 

Tecnicas Reunidas SA:Says Yara Norge AS has selected Tecnicas Reunidas (TR) for the Nitric Acid Plant, as part of its expansion Project on Heroya Industrial Park, in Porsgrunn, Norway.Contract value amounts to about 85 million euros.Says Yara selected TR as the main contractor for the whole project, as well as TR’s technology and “know how” in Nitric Acid (with a design capacity of 1.050 MTPD) licensed by its 100 percent owned subsidiary company ESPINDESA.  Full Article

Tecnicas Reunidas SA wins $500 million order from Pemex-Reuters
Monday, 15 Sep 2014 

Tecnicas Reunidas SA:Spanish oil engineering company Tecnicas Reunidas said it had won a contract from Mexican state-run oil company Pemex for a refining project worth over $500 million-Reuters.The two-part contract, which is expected to last more than three years, includes the designing, engineering, construction, supplying and starting up of three new refining units for Pemex's General Lazaro Cardenas de Minatitlan refinery.The work forms part of Pemex Refinacion's $5.5-billion development and modernisation plan, Tecnicas Reunidas said in a note to the Spanish stock market regulator.  Full Article

Tecnicas Reunidas wins cogeneration project in Canada
Wednesday, 27 Aug 2014 

Tecnicas Reunidas SA:Says it has been awarded contract by Fort Hills Energy LP for execution of cogeneration plant at Fort Hills oil sands mining project.Project located in Alberta’s Athabasca region, 90 kilometers north of Fort McMurray.Contract includes engineering, procurement, construction and pre-commissioning, up to mechanical completion for installation of two nominal 85 MW gas turbines, two steam production heat recovery steam generators and all the related auxiliary systems.Contract value of about C$250 million.Cogeneration project is expected to be completed in 31 months.  Full Article

Tecnicas Reunidas wins contract in Malaysia
Monday, 18 Aug 2014 

Tecnicas Reunidas SA:Petroliam Nasional Berhad (PETRONAS) of Malaysia, has awarded Tecnicas Reunidas (TR) contract.Contract includes engineering, procurement of all equipment and materials, construction and commissioning of all hydrotreating units, interconnection and flare for Refinery and Petrochemical Integrated project (RAPID) in Pengerang, Johor, Malaysia.Contract has been awarded on turnkey basis for value of about $1.5 billion with 50 month project schedule until ready for start up.  Full Article

Tecnicas Reunidas to design and build power plant in Peru
Monday, 14 Jul 2014 

Tecnicas Reunidas SA:Says EnerSur has selected Tecnicas Reunidas (TR) and JJC Contratistas Generales for execution of contract to build open cycle power plant project in Ilo, south of Peru.New power plant will consist of installation of three dual fuel gas turbines with total net power output of 500 MWe ±20 percent.Awarded project covers services for engineering, procurement, construction, commissioning and start-up of plant, up to commercial operation.Contract has value of about $240 million, and amount correspondent to TR is half of this overall value following contract signature.Plant to be completed in 23 months following final notice to proceed.  Full Article

Budimex and Tecnicas Reunidas sign contract with PGE as members of consortium
Thursday, 10 Jul 2014 

Budimex SA:Signs as 22.31 pct member of consortium led by Mitsubishi Hitachi Power Systems Europe GmbH (55.38 pct) and including also Tecnicas Reunidas SA (22.31 pct) contract with PGE Gornictwo i Energetyka Konwencjonalna SA for new block ar Elektrownia Turow power plant.Scope of works include design and complete construction.Contract net value 3,250,000,000 Polish zlotys.Works to be accomplished no later than in 56 months from beginning.  Full Article

Tecnicas Reunidas selected by AES for Los Mina Power Plant in Dominican Republic
Thursday, 3 Jul 2014 

Tecnicas Reunidas SA:AES Dominicana, through Dominican Power Partners, DPP, has awarded Tecnicas Reunidas,TR, execution of conversion to combined cycle of its Los Mina Power Plant in Santo Domingo, Dominican Republic.New power plant will add 114 MWe of new power generation capacity to existing 210 MWe open cycle.Existing plant consists of two gas turbines operating in open cycle after which TR will install two heat recovery steam generators, one steam turbine and all necessary balance of plant.Awarded project is Lump Sum Turn Key (LTSK) contract covering services for engineering, procurement, construction, commissioning and start-up of plant, up to commercial operation.Contract value about $140 million.Together with contract signature, DPP will issue limited notice to proceed that will be followed by final notice to proceed expected in Sep. 2014.Plant to be completed in 27 months following final notice to proceed.  Full Article

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