Fabrizio Di Amato

Chairman and Majority Shareholder at MAIRE

Born 1963. He graduated in Political Sciences from La Sapienza University of Rome and received an honorary master’s degree in Chemical Engineering from Politecnico of Milan. He is the Chairman and majority shareholder of Maire Tecnimont Group, one of the main engineering contractors in oil & gas and petrochemicals in the world.

He began his career as an entrepreneur at the age of 19 by setting up his first company with three employees. He built up the Maire Tecnimont Group over three decades through a process of internal growth and acquisitions. In the first 20 years he laid the basis for the development of a mid-size civil engineering group mainly operating in the Italian market. In 2004, he acquired Fiat Engineering from Fiat Group. In this way the Group switched to general contracting, with a specific focus on power generation and transportation infrastructure and reinforced its international footprint. At the end of 2005, by completing a second major acquisition, that of Tecnimont from Edison, Mr. Di Amato expanded the Group’s activities to the oil, gas and petrochemicals business, with a network of subsidiaries and branch offices operating worldwide. The acquisition of Tecnimont was ranked as the second most important transaction of merging and acquisition in Italy, receiving the Award KPMG M & A in 2006.

In 2007, Maire Tecnimont started to be listed in the Milan Stock Exchange; in the same year the acquisition of 100% of the Indian subsidiary Tecnimont Private Limited was completed, reinforcing the second Group engineering hub worldwide. This is a unique example of integration and complementarity of technical excellences coming from two different countries and cultures.

In 2009 and 2010 other two important acquisitions increased the technological content of the Group: the Dutch Stamicarbon - global leader in urea technology - and the Italian KT-Kinetics Technology - main process engineering contractor in the oil&gas sector. Today, Maire Tecnimont Group is one of the major European players in the engineering & contracting, active on the global energy markets. The Group is able to apply a flexible business model providing advanced skills in licensing, engineering services, engineering and procurement and in EPC (Engineering, Procurement, Construction).

The Group operates through 50 companies in 45 countries, having a 2018 turnover of more than 3.6 billion euro. The Group owns more than 1,300 individual patents, having 30% market share in terms of installed capacity of polyolefin plants licensed from third parties. The Group is also market leader (54%) in the licensing of urea technology and has recognized competences in technologies for the production of hydrogen, sulfur recovery and Tail Gas.

Maire Tecnimont successfully completed the largest gas treatment plant in Abu Dhabi and has been recently awarded the most important contract in its history (3.9 billion euros) for a gas treatment plant in the Amur district in the Far East region of the Russian Federation. The Group licensed more than 250 urea production plants and built more than 190 polypropylene and polyethylene plants in the world. Maire Tecnimont has more than 9,000 professionals all over the world.

Fabrizio Di Amato plays an active role in the Italian engineering industry: from 2009 to 2011 he was President of Animp (Italian Association of Industrial Plant Engineering). In 2008 he promoted the concept of a unique representative body for the whole engineering and contracting industry through Federprogetti (the Federation of Italian plant industries), of which he was founder and served as President until May 2015. He is member of the Executive Committee of the Association of Joint Stock Companies incorporated in Italy (Assonime) and Vice President of Assolombarda, Association of Lombardy companies, with reference to Energy, Clusters, Supply Chains and Research Studies.

In May 2016, he was awarded the decoration of “Cavaliere del Lavoro” by the Italian President of the Republic, Sergio Mattarella. Last march he graduated honoris causa in Chemical Engineering at the Politecnico, University of Milan.

Timeline

  • Chairman and Majority Shareholder

    Current role