Gas processing facilities are increasingly required to reduce industrial carbon footprint. A significant opportunity lies in recovering CO2 from tail-end gas streams that are typically routed to thermal oxidation. MAIRE Group presents an integrated recovery configuration combining cryogenic separation with pressure swing adsorption (PSA) to recover high purity CO2 and H2 from SRU/TGTU tail gas.
MaireGroup says that its NextChem subsidiary has completed the acquisition of the Ballestra group, a leading player in the licensing, design and engineering of processing plants, as well as in the supply of proprietary technologies and equipment for the chemical industry. NextChem says that the integration of Ballestra significantly strengthens its technology portfolio in phosphate and potassium fertilizers and completes its coverage of the full NPK (nitrogen, phosphorus and potassium) spectrum. At the same time, it provides access to new segments with high growth potential, particularly in chemistry for the production and circularity of strategic materials needed to develop and expand electrification, where Nextchem is already present with metals recovery technologies following the recent acquisition of ETEK.
Nextchem, part of MAIRE, has licensed its proprietary NX Circular™ high‑temperature gasification technology to SUSTAERO GP Inc. for a biomass‑to‑syngas unit feeding a new SAF plant in Canada.
NEXTCHEM, the sustainable technology arm of MAIRE, has strengthened its circular solutions platform by acquiring a 70% stake in Italian metals recovery specialist ETEK S.r.l.
MAIRE has announced fresh awards and scope additions worth about €1.3 billion ($1.4 billion), including a new urea licensing package that reinforces its fertilizer technology pipeline.
Nextchem, the sustainable technology subsidiary of Italian engineering group MAIRE, has inaugurated a new office in Beijing...
The selection of the post-combustion carbon capture technology to be implemented for a decarbonisation project is a crucial element during the early feasibility phases and it is strongly affected by the characteristics of the plant on which it has to be installed. NextChem highlights the comparative advantages of absorption technologies and the alternative opportunities of using a cryogenic configuration to reach the desired carbon capture rate.
NextChem says that its subsidiaries Stamicarbon and KT Tech have been awarded licensing, process design package (PDP) and critical equipment supply contracts for the development of three world-scale complexes, two of them dedicated to granular urea production, and one integrating ammonia and methanol co-production, for an undisclosed “major client in West Africa”. The contracts are all based on proprietary technologies.
NextChem has signed a binding agreement to acquire the entire share capital of Ballestra Group, a global leader in the licensing, design and engineering of processing plants, as well as the supply of proprietary technologies and equipment for the chemical industry. Founded in 1960 and headquartered in Milan, Ballestra is the holding of a group of companies comprising BUSS ChemTech AG (Switzerland) and Ballestra Engineering and Projects Pvt. Ltd (India). It operates in over 120 countries with approximately 450 employees and offices in Europe and Asia. NextChem says that the acquisition will bring intellectual property, advanced proprietary technologies and distinctive engineering competences to its value proposition in specialty chemicals, including fluorine derivatives for lithium-ion batteries and for the metals and mining industries. This acquisition will also create cross-selling opportunities with Tecnimont, Maire Group’s integrated engineering and construction services business unit, in relation to energy transition and material transformation projects. The enterprise value is €108.3 million, resulting in a purchase price of approximately €126.5 million, subject to adjustments at closing, which is expected in the first half of 2026.
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.