NEXTCHEM (MAIRE) to develop its new “E-factory for carbon-neutral chemistry” thanks to its own technologies and expertise powered by the agreement signed with newcleo to secure their Small Modular Generation IV Reactor (SMR) on an exclusive basis for the chemical sector
PRESS RELEASE- NextChem through its subsidiary NextChem Tech to develop the first conceptual study for carbon-neutral hydrogen production by electrolysis, powered on an exclusive basis by innovative newcleo’s generation IV small-scale modular reactor (SMR)
- Additionally, Tecnimont to provide high-level consultancy services for newcleo’s future implementation of a power plant based on its own SMR technology
- NextChem Tech’s new model for the “e-Factory for Chemistry” will contribute to accelerate the decarbonization of the industry producing carbon-neutral chemicals and e-fue ls
Milan, 10 January 2024 – MAIRE (MAIRE.MI) announces that NEXTCHEM (Sustainable Technology Solutions BU), through its subsidiary NextChem Tech, thanks to its expertise in chemistry and electrochemistry, has launched a new model for “e-Factory for carbon-neutral Chemistry”. This model is powered by the signature of a cooperation agreement with newcleo to develop, on an exclusive basis, a conceptual study for carbon-neutral hydrogen production thanks to an innovative clean and safe nuclear technology.
Additionally, Tecnimont (Integrated E&C Solutions BU) will provide high-level consultancy services for newcleo’s plan for the implementation of an innovative power plant based on newcleo’s LFR-AS-200 technology, a Small Modular Lead-cooled Fast Reactor fueled with MOX fuel thanks to Tecnimont’s state-of-the-art modularization approach to optimize construction and planning methodology, reducing time and costs.
This approach will enable the production of electrolytic hydrogen and sustainable chemicals including carbon-neutral ammonia, methanol, e-fuels and derivatives, in line with the recent European Union’s decision to include innovative Gen-IV nuclear technology like the newcleo one within the perimeter of EU Taxonomy of environmentally sustainable economic activities.
Alessandro Bernini, MAIRE CEO, commented: “With this agreement, MAIRE confirms its commitment to foster decarbonization and green chemistry through a wide range of technological solutions. By creating carbon-neutral chemistry models based on safe, reliable and competitive energy supply, we will accelerate the industrialization of the energy transition.”