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NEXTCHEM Secures Contract for World’s Largest Ultra-Low Carbon Methanol Plant

Story Highlights
  • NEXTCHEM, part of MAIRE, won a contract for a major ultra-low carbon methanol plant in Mexico.
  • The project underscores MAIRE’s role in energy transition with cutting-edge, sustainable solutions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

MaireTecnimont SpA ( (IT:MAIRE) ) has shared an announcement.

NEXTCHEM, a subsidiary of MAIRE, has secured a license contract to implement its NX AdWinMethanol® Zero technology for the Pacifico Mexinol project in Mexico, which aims to become the world’s largest ultra-low carbon methanol plant. This project, valued at approximately 250 million euros, highlights MAIRE’s strategic role in the energy transition by providing sustainable solutions that significantly reduce carbon emissions in methanol production, benefiting various chemical industry sectors.

More about MaireTecnimont SpA

MAIRE S.p.A. is an engineering group focused on developing and implementing innovative technologies to support the energy transition. The company offers integrated engineering and construction solutions through three business lines: Sustainable Fertilizers, Low-Carbon Energy Vectors, and Circular Solutions. With operations in 45 countries and over 9,300 employees, MAIRE is listed on the Milan Stock Exchange.

YTD Price Performance: 16.10%

Average Trading Volume: 2,643

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €3.13B

For detailed information about MAIRE stock, go to TipRanks’ Stock Analysis page.

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