MaireTecnimont SpA ( (IT:MAIRE) ) just unveiled an announcement.
NEXTCHEM, a subsidiary of MAIRE, has been awarded a contract to upgrade the Hulunbeier New Gold Chemical Co., Ltd. urea plant in China using its proprietary NX Stami Urea™ technology. This technology will enhance the plant’s production capacity by 26% while reducing steam consumption by 15%, showcasing NEXTCHEM’s leadership in energy-efficient solutions for the nitrogen fertilizer industry. The project also strengthens MAIRE’s presence in the rapidly growing Chinese market, reinforcing its position as a global innovator in the nitrogen fertilizer sector.
More about MaireTecnimont SpA
MAIRE S.p.A. is a leader in engineering and technology development, focusing on the energy transition. It provides integrated engineering and construction solutions across three business lines: Sustainable Fertilizers, Low-Carbon Energy Vectors, and Circular Solutions. The company operates in 45 countries with a workforce of over 9,300 employees, supported by more than 20,000 individuals worldwide, and is listed on the Milan Stock Exchange.
YTD Price Performance: 11.92%
Average Trading Volume: 2,786
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.92B
See more data about MAIRE stock on TipRanks’ Stock Analysis page.