MAIRE' S NEXTCHEM EXPANDS ITS TECHNOLOGY PORTFOLIO WITH THE DEVELOPMENT AND SUPPLY OF CLARIANT' NEXT GENERATION CATALYST

In addition, the two companies are actively cooperating in further improving maleic anhydride technology, making it more efficient in terms of its carbon footprint. The maleic anhydride technology is a key element in the chain of production of biodegradable polymers such as polybutylene succinateandpolybutylene adipate co-terephthalate – both used in the food industry for packaging and disposable tableware, as well as in the agricultural sector for mulch films – representing a more environmentally friendly alternative to common plastic, as already recognized by regulators who imposed their use in several countries for various applications.

Alessandro Bernini, MAIRE Chief Executive Officer, commented: "With this agreement we further improve the soundness of our Sustainable Technology Solutions portfolio, which spans from technology licensing to proprietary equipment and other high-value services, in line with the execution of our ten-year plan. We are eager to work with Clariant to further improve our technological offer to best serve clients' demands for innovative energy-efficient solutions.  

MAIRE S.p.A. leads a technology and engineering group that develops and implements innovative solutions to enable the Energy Transition. We offer Sustainable Technology Solutions and Integrated E&C Solutions in nitrogen fertilizers, hydrogen, circular carbon, fuels, chemicals, and polymers. MAIRE creates value in 45 countries and relies on over 7,000 employees, supported by over 20,000 people engaged in its projects worldwide. MAIRE is listed on the Milan Stock Exchange (ticker "MAIRE").

For further information: www.mairetecnimont.com.

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