How the decarbonisation era is driving companies to rethink business models

In recent decades, European companies have offshored their natural resource processing plants to countries outside Europe, including China.

In the wake of the pandemic, when long supply chains were vulnerable, that strategy has changed. The result is a wave of new production facilities that will be constructed in Europe. The importance of building new capacity in raw materials transformation that gives Europe the opportunity to not depend on countries outside of the EU for essential goods has become very clear. Compared to pre - pandemic Europe, three years ago, we are now seeing a huge change that no one could have imagined. Maire Tecnimont is reconstituting a plant-building capacity in Europe.

This wave of investments has a strong focus on making these next-generation plants more sustainable, driven by EU environmental regulations. Moreover, EU rules restricting the export of plastic waste went into effect in 2020, which means more recycling capacity is needed. The raw materials and processes of the decarbonised era are changing. Fossil fuels are increasingly being substituted by renewable sources, and recycled materials from waste are integrating In the wake of the pandemic, when long supply chains were vulnerable, that strategy has changed. The result is a wave of new production facilities that will be constructed in Europe.

The importance of building new capacity in raw materials transformation that gives Europe the opportunity to not depend on countries outside of the EU for essential goods has become very clear. Compared to pre-pandemic Europe, three years ago, we are now seeing a huge change that no one could have imagined. Maire Tecnimont is reconstituting a plant-building capacity in Europe. This wave of investments has a strong focus on making these next - generation plants more sustainable, driven by EU environmental regulations.

Moreover, EU rules restricting the export of plastic waste went into effect in 2020, which means more recycling capacity is needed. The raw materials and processes of the decarbonised era are changing. Fossil fuels are increasingly being substituted by renewable sources, and recycled materials from waste ae integrating and partially substituting extraction and manufacturing of new materials. In addition, processes based on biomass are now opening new routes to carbon neutral alternatives of conventional fossil-based products, like bioplastics and biofuels.

In this context, our subsidiaries are here to provide the market with high - quality services along the whole renewable value chain, from development and design to engineering, procurement and construction, as well as providing licenses for green technologies, leveraging our Group’s global network and our wide and deep project management experience. Through NextChem, our technology-driven company dedicated to circular economy and green chemistry, we aim to develop solutions for scaling technologies in the industrial sector and for the widespread substitution of traditional transport fuels, petrochemicals and fertilisers, biobased feedstock alternatives. 

In our field, we see how the green economy is changing the way of doing business, forcing companies to rethink their business models. The approach to dealing with environmental issues can no longer be bureaucratic and defensive as far as the environmental quality of production processes and products is concerned, but should be proactive and competitive instead. For this reason, companies need innovative tools and approaches, new forms of reporting, and strategies dedicated to a business that must be “green” from the outset, starting with the design of new products.

At Maire Tecnimont, we foster the creation of new sustainable models every day in order to be an active part along the supply chain of new business areas. In the field of gas reining, we intend to focus on reining and gas monetisation through our Tecnimont and KT - Kinetics Technology companies, leveraging the synergy of their complementary capabilities. We are well positioned to take advantage of some key drivers in the industry such as the quest for technologies reducing the carbon footprint and the demand for “clean fuel programmes” in both mature and emerging countries.

Our companies’ skills enable the group to act as an end-to-end developer covering the entire value chain from very early stages of the development of the project right through the commissioning phase, guaranteeing to our clients design - to - cost engineering and a construction - driven approach.