"The dispute involves Maire S.p.A. and its subsidiaries Tecnimont S.p.A. and MT Russia on one side, and EuroChem Severo-Zapad-2, a Russian unit of EuroChem Group AG, on the other. At its core is a construction contract signed in 2019 for a fertiliser plant in Russia. Under the original schedule, the facility was due to come online in 2023, with planned annual production of up to 1.1 million tonnes of ammonia."
"As the dispute has widened, so too has the legal battleground. In late December 2025, Tecnimont and MT Russia applied to the High Court of England and Wales for interim relief, seeking to block EuroChem Severo-Zapad-2 from enforcing Russian court rulings outside Russia. The companies also want to prevent legal proceedings that they argue conflict with an ICC arbitration agreement."
A 2019 construction contract for a Russian fertiliser plant between Maire S.p.A. (with subsidiaries Tecnimont and MT Russia) and EuroChem Severo-Zapad-2 led to cross-jurisdictional litigation after work halted in 2022. The plant was due online in 2023 with planned annual production up to 1.1 million tonnes of ammonia and 1.4 million tonnes of urea. EuroChem alleges problems predated sanctions and accuses Tecnimont of bad faith; Tecnimont rejects that claim. In December 2025 Tecnimont and MT Russia sought interim relief in the High Court of England and Wales to block enforcement of Russian rulings and to prevent proceedings that conflict with an ICC arbitration agreement. Court filings describe potential enforcement and operational risks for subsidiaries.
Read at London Business News | Londonlovesbusiness.com
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