Tag: Maire

Maire Group says that, in relation to its ongoing dispute with Russian EuroChem Group, its subsidiary Tecnimont has obtained immediately enforceable orders for conservatory measures to freeze assets of EuroChem Group for an amount of approximately €1.1 billion. These measures are based on the leave granted to Tecnimont by the ICC Arbitral Tribunal seated in London, to seize EuroChem’s assets in every country, totalling €1.1 billion. Further seizure requests are underway in several jurisdictions. The Arbitral Tribunal has also found that Tecnimont is entitled to apply to judicial authorities to obtain asset freeze measures against EuroChem Group’s assets worldwide, by way of security for the further potential damages caused by EuroChem Group’s recent unlawful legal actions undertaken in Russia.

NEXTCHEM has signed a binding agreement to acquire Ballestra Group for around €126.5 million. The announcement was made by Maire – Nextchem’s parent company – on 24th December.

NEXTCHEM (MAIRE) to provide the license and PDP for a new nitric acid plant in China and technical assistance services for the revamping of a nitrogen fertilizer complex

Stamicarbon awarded licensing, PDP and proprietary equipment supply to new urea plant in Eastern China NEXTCHEM (MAIRE)

NEXTCHEM (MAIRE), Mana and Equinor enter strategic partnership to explore the potential development of large-scale waste-to-methanol project

NEXTCHEM (MAIRE) opens Abu Dhabi office - a major milestone in the company's strategic expansion across the Middle East

A formal signing ceremony has been held between senior company executives from KMG PetroChem, Tecnimont and the Kazakh government for the construction of the new Tengiz Gas Separation Complex (GSC) project. The ceremony was held at KMG PetroChem headquarters, in the Atyrau region of Kazakhstan. The Tengiz GSC project’s scope of work includes engineering, procurement, construction and commissioning works, with Tecnimont mainly responsible for the EPC works. Completion is expected by the first quarter of 2029. Once completed, the gas processed by the GSC will feed the Silleno petrochemical plant, another project currently being executed by Tecnimont in the region. The GSC is designed to recover at least 98% of ethane from dry gas, while the Silleno complex is expected to deliver high-quality petrochemical products. KMG PetroChem is a fully owned subsidiary of Kazakhstan’s national oil and gas company KazMunayGas.

FertigHy was founded in 2023 with the aim of developing, building and operating large-scale low-carbon fertilizer plants across Europe.

Altalto Ltd awards NEXTCHEM an engineering study contract for SAF plant in Immingham, Lincolnshire.

NEXTCHEM subsidiary KT TECH receives Letter of Award for application of NX eBlue™ (Electric Steam Methane Reforming) technology for production of low-carbon hydrogen in US