NEXTCHEM (MAIRE) awarded €485 million contract for licensing, PDP and critical proprietary equipment based on its proprietary hydrogen, ammonia, urea, and methanol technologies for three world-scale c
Italy, March 4 -- MAIRE (MAIRE.MI) announces that NEXTCHEM, through its subsidiaries Stamicarbon and KT Tech, has 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 urea granules production and one integrating ammonia and methanol co-production, for a major client in West Africa. The contracts are all based on NEXTCHEM's proprietary technologies.The overall package is worth €485 million, of which €10 million related to engineering activities already started will be recognized in the pre?FID phase, while the remaining part at Final Investment Decision.The two large-scale nitrogen fertilizers plants will consist o...
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