MAIRE’s NextChem awarded new contracts in sustainable technology solutions

MAIRE announced new contracts awarded worth US$60 million in the Sustainable Technology Solutions (STS) business unit.

STS has been awarded licensing and equipment supply contracts for a “Ultra Low Energy” urea plant in China, by Shandong Lianmeng Chemical Company. The plant, with a capacity of 2,334 metric tons per day (mtpd), will be located in Shouguang, in the Shandong province in China, and will represent the eighth global urea plant that utilizes the proprietary Ultra-Low Energy design licensed by Stamicarbon, NextChem’s nitrogen technology licensor. The Ultra-Low Energy design allows a 35% reduction in steam consumption and a 16% decrease in cooling water use, making its energy savings unparalleled in the market.

STS will also carry out for a major fertilizer producer in the Middle East a pre-feasibility study to define the process configuration of a 450 mtpd green ammonia plant, to be based on Stami Green Ammonia proprietary technology.

NextChem has also been awarded by a prominent client engineering works and critical equipment supply for the modification of an existing hydrogen unit auxiliary system (steam methane reformer) which was designed and licensed in the past by KT-Kinetics Technologies, part of IE&CS business unit, and is now intended to be upgraded to reduce its environmental footprint.

These new contracts, of which around 40% booked in third quarter of 2023, represent an important achievement for the STS division, strengthening MAIRE position as global technology provider, and provide further evidence of MAIRE’s technological value proposition, one of the key drivers to execute its ten-year plan.