MAIRE announces new awards to Nextchem for a total value of about €50 million related to Technology Licensing, Process Design Package and Proprietary Equipment
Italy, Aug. 25 -- MAIRE (MAIRE.MI) announces new awards in its Sustainable Technology Solutions (STS) business unit for a total amount of approximately €50 million, with projects located across Asia, Europe and North America.Stamicarbon, Nextchem's nitrogen technology licensing subsidiary, will provide licensing, Process Design Package (PDP), and proprietary equipment for an around 3,500 metric tons per day (MTPD) grassroots urea plant in Asia based on its proprietary Ultra-Low Energy (ULE) design, part of the NX STAMI (TM) Urea technology portfolio. The Ultra-Low Energy design is among the most energy-efficient urea technologies available on the market, enabling significantly lower steam consumption and operating costs compared to co...
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