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MaireTecnimont SpA ( (IT:MAIRE) ) has issued an announcement.
NEXTCHEM, a subsidiary of MaireTecnimont, has secured a €210 million contract for the Pacifico Mexinol low-carbon methanol project in Mexico, which will be the largest of its kind globally. Utilizing its NX AdWinMethanol® Zero technology, NEXTCHEM aims to significantly reduce carbon emissions, contributing to the decarbonization of various sectors and marking a pivotal development in the global energy transition.
The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.
More about MaireTecnimont SpA
MaireTecnimont SpA operates in the engineering and technology sector, focusing on providing innovative solutions for the chemical and energy industries. Its subsidiary, NEXTCHEM, specializes in sustainable technology solutions, particularly in the development of low-carbon and renewable chemical processes.
Average Trading Volume: 935,630
Technical Sentiment Signal: Buy
Current Market Cap: €3.67B
See more insights into MAIRE stock on TipRanks’ Stock Analysis page.