The SIAD Group is investing US$57 million in a new plant in Porto Marghera, Italy, for SIAD Macchine Impianti (SIAD MI), the company that leads the group’s engineering division. The new site, which will be completed in 2026, will produce large air separation units (ASUs) for international markets.
“This project demonstrates our confidence in the Italian and European economic system,” said Bernardo Sestini, chair and CEO of the SIAD Group. “This investment will have a positive impact on the added value generated throughout the supply chain. The new site will enable SIAD to play a leading role in decarbonization technologies. The new facility will require skilled workers, providing a valuable opportunity for growth and training for new talents. The personnel, currently engaged in the construction of ASUs in the province of Bergamo, will be involved in further industrial projects of the group, also in the Bergamo area. This new industrial project joins a series of initiatives aimed at expanding the engineering division, which also sees us involved in Bergamo and internationally with new offices and production units.”
According to Sestini, the new facility will help SIAD Macchine Impianti meet the challenges and opportunities presented by decarbonization and energy transition targets. It will allow the SIAD Group to consolidate its position in the engineering and construction of large air separation plants for the production of nitrogen, oxygen, and argon, in addition to the medium and small-sized plants that it has been developing and manufacturing for many years. Large-scale plants are key to emission reduction technologies and hydrogen economy processes.
The strategic location of the new facility, located within the Port of Marghera and equipped with a pier with access to the sea, will enable SIAD to be more competitive on international markets thanks to the fact that ASUs can be loaded directly onto ships, making logistics management more efficient.
Headquartered in Bergamo, Italy, with offices worldwide, SIAD Group operates in the industrial gas, engineering, healthcare, natural gas, and LPG sectors. SIAD Macchine Impianti leads the engineering division of the SIAD Group, specializing in the design and construction of technological solutions worldwide, including ASUs, natural gas liquefaction plants, reciprocating compressors for process gas and air (including API 618) and oil-free reciprocating compressors for blowing r-PET and PLA bottles, CO2 capture and liquefaction plants, biogas upgrading and biomethane liquefaction plants, and combustion systems.
