NEXTCHEM (MAIRE) Secures Feasibility Study for Innovative Maleic Anhydride Production in North America

MAIRE (MAIRE.MI) announces that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary CONSER, a technology licensor for high-value chemical derivatives and biodegradable plastics, has been awarded a feasibility study in North America by a leading industrial player. The study seeks to enhance the efficiency of an existing maleic anhydride (MAN) facility that is integrated into a malic and fumaric acid manufacturing plant.

The feasibility study will focus on revamping the facility by assessing opportunities to enhance the efficiency of maleic anhydride production through the application of CONSER's proprietary MAN technology. This includes evaluating the potential for increasing the plant's capacity.

Maleic anhydride serves various industrial purposes, including as an intermediate for producing malic acid and fumaric acid. These acids are used to improve the texture, flavor, and stability of food products. Specifically, malic acid functions as an acidity regulator, maintaining desired pH levels and enhancing the flavor of foods and beverages. Additionally, malic acid is a precursor to fumaric acid, which is also used as a food additive for similar functions.

Alessandro Bernini, CEO of MAIRE, remarked: "This agreement highlights the versatility of NEXTCHEM’s advanced technology solutions, strengthening our presence in new regions. CONSER solidifies its position as a global leader in maleic anhydride technology and reinforces its role as a premier technology provider, while also enhancing production processes at existing facilities."

MAIRE S.p.A. heads a technology and engineering group focused on delivering innovative solutions to drive the Energy Transition. The company provides Sustainable Technology Solutions and Integrated E&C Solutions across nitrogen fertilizers, hydrogen, circular carbon, fuels, chemicals, and polymers. MAIRE operates in 45 countries, with a workforce of over 8,300 employees, supported by more than 20,000 individuals working on its global projects. MAIRE is listed on the Milan Stock Exchange under the ticker “MAIRE.” MAIRE plays a crucial role in driving the energy transition through a synergistic blend of technological innovation and practical implementation.

NEXTCHEM is the driving force within MAIRE, leading the energy transition with unparalleled technological expertise. By advancing innovative hydrogen, carbon capture, and recycling technologies, NEXTCHEM establishes new industry standards and propels MAIRE’s path toward a sustainable economy. NextChem Tech is NEXTCHEM's division focused on delivering innovative solutions to decarbonize industrial processes. Its activities are managed through its subsidiaries and technologies, including MyRemono, MyReplast Industries, and HyDEP. NextChem Tech's core technologies include: NX Replast™, NX SAF™ BIO, NX Reform™, NX eBlue™, NX CPO™, NX Decarb™, and NX SulphuRec™.