Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, December 23 2020 - 02:29
NextChem and JFE Engineering Corporation Sign an Agreement for the Production of Low Carbon Chemicals Products
ROME, Dec. 22, 2020 /PRNewswire-AsiaNet/ --

NextChem, Maire Tecnimont Group's subsidiary for the development of projects 
and technologies for energy transition, and JFE Engineering Corporation, 
engineering and operative company of Japan Group JFE, have signed a commercial 
agreement which strengthens the cooperation between the companies.

The agreement aims at developing in cooperation the model which considers waste 
as a resource to produce advanced fuels, hydrogen, fertilizers and low carbon 
chemical products. The process of chemical conversion of waste into syngas and 
the use of this intermediate to produce circular hydrogen, advanced fuels and 
many other key products for world economies, allows to contribute to the 
decarbonization of production processes and to reduce the carbon footprint in 
the final use phase of products.

The alliance between the companies allows an integrated enhancement of plant 
technologies of JFE and Maire Tecnimont Group for the realization of Waste to 
Chemical projects, starting from the feasibility study from an economic and 
technical perspective, up to the turn key construction, including the high 
qualified training of the staff in JFE plants in Japan. Starting from JFE's 
experience Nextchem has defined an integrated Waste to Chemicals technological 
platform that is ready and willing to license worldwide.

"The recovery of carbon and hydrogen contained in waste allows to reduce the 
use of fossil sources for the production of fuels and basic chemicals. The 
collaboration between NextChem and JFE Engineering Corporation enhances the 
know-how of the Groups. NextChem aims to expand its offer to the global market 
of technological solutions for the energy transition and circular economy, 
stimulating the demand. Our technological Waste to Chemical platform is solid, 
referenced, ready and profitable; it is our response to the forced and virtuous 
path to a low-carbon economy, to the problem of dependence from abroad of many 
countries for some basic products of the chemical industry and also to the 
global problem of recovery of waste fractions currently not recyclable", 
commented Pierroberto Folgiero, CEO of Maire Tecnimont Group and NextChem.

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Source: NextChem S.p.A.