NEXTCHEM (MAIRE) Secures Key Contracts worth EUR 30 milllion for Fertilizer Plant Technology in the Middle East and Europe

MAIRE (MAIRE.MI), in a recent announcement, revealed that its subsidiary NEXTCHEM (Sustainable Technology Solutions) has successfully secured new contracts valued at around EUR 30 million. These contracts have been awarded by prominent international clients spanning the Middle East and Europe. Notably, NEXTCHEM's subsidiaries, including Stamicarbon and CONSER, have been entrusted with significant projects such as designing and supplying advanced technological solutions in nitrogen and biodegradable plastics sectors, reinforcing their strategic foothold in sustainable technology markets worldwide.

Among these contracts, NEXTCHEM’s subsidiary Stamicarbon, recognized for its nitrogen technology expertise within the group, has been entrusted by a major Middle Eastern fertilizer producer to design and supply an advanced High Pressure Pool Condenser. This cutting-edge equipment incorporates the latest technological advancements and design enhancements.

Furthermore, CONSER, another subsidiary of NEXTCHEM and the group’s licensor of biodegradable plastics technology, has been commissioned by a prominent Middle Eastern client to conduct a feasibility study using NX CONSER Duetto proprietary technology. This innovative solution will facilitate the transformation of an existing production line to focus on manufacturing a biodegradable monomer.

The contracts also encompass a range of high-value engineering services for esteemed clients across various global regions. This strategic expansion underscores NEXTCHEM's commitment to delivering state-of-the-art sustainable solutions and solidifying its position as a preferred partner in the international market.

Alessandro Bernini, CEO of MAIRE, expressed pride in their significant achievements, highlighting their capacity to transform traditional infrastructure through advanced technologies aligned with the energy transition roadmap. These enhancements not only boost energy efficiency but also effectively mitigate environmental impacts. Moreover, Bernini emphasized that their state-of-the-art proprietary equipment plays a crucial role in ensuring the highest standards of safety. This comprehensive approach underscores MAIRE's commitment to innovation and sustainability, positioning them at the forefront of infrastructure improvement in an era focused on renewable energy and environmental stewardship.

Maire S.p.A., listed on the Milan Stock Exchange, leads a prominent international industrial group specializing in Nitrogen, Hydrogen, circular carbon, fuels, chemicals, and polymers. The company operates through its divisions: Sustainable Technology Solutions, focusing on innovative sustainable technologies, and Integrated E&C Solutions, providing comprehensive engineering and construction services. This strategic framework enables Maire S.p.A. to deliver cutting-edge solutions across global markets, addressing critical needs in sustainability and industrial advancement. With a commitment to technological excellence and environmental stewardship, Maire S.p.A. continues to drive innovation and sustainable development, positioning itself as a key player in the evolving landscape of industrial solutions.