Maire Tecnimont launched its Green Acceleration project, a new business unit through a dedicated vehicle, NextChem, which will manage 19 technological initiatives for the energy transition, to best address new market dynamics.
Carbon Footprint reduction, Circular Economy, new bio-based products and feedtstocks: the energy industry paradigm is evolving, new market opportunities emerged.
The energy transition sector compound annual growth rate is higher than 15%, worth approximately €40 billion, and is expected to triple within 2025.
All industry main players, both producers and buyers of plastics, are shifting towards recycling and bioplastics, while big oil companies are reviewing their investment plans in view of decarbonization.
Maire Tecnimont has already invested approximately €50 million in the last 5 years in more than 70 innovation projects, also through investments focused on start-ups and partnerships, in order to build a technology portfolio to best address the new requirements of the on-going revolution in the energy and chemical industries.