MAIRE Secures Major €50 Million Nextchem Contracts

MAIRE has announced approximately €50 million in new Nextchem contracts spanning Asia, Europe and North America. The awards cover urea technology licensing, process engineering, proprietary equipment and a feasibility study for plastic upcycling.

The contracts strengthen MAIRE’s Sustainable Technology Solutions business while highlighting the different ways its technologies can be deployed: in new industrial plants, upgrades to existing facilities and early-stage circular-economy projects.

Key facts

• Total announced value: approximately €50 million

• Business unit: Sustainable Technology Solutions

• Regions involved: Asia, Europe and North America

• Technologies: NX STAMI™ Urea, LAUNCH MELT™ and NX Replast™

• Projects: two new urea plants, an equipment upgrade in Germany and a plastic-upcycling study in Türkiye

MAIRE disclosed the awards on 25 August 2026. The company did not provide an individual financial value for each project or identify the customers behind the projects in Asia, Canada and Türkiye.

Energy-efficient urea plant planned in Asia

Stamicarbon, Nextchem’s nitrogen-technology licensing subsidiary, will provide a technology licence, Process Design Package and proprietary equipment for a new urea plant in Asia.

The facility is expected to produce approximately 3,500 metric tonnes of urea per day. It will use Stamicarbon’s Ultra-Low Energy design from the NX STAMI™ Urea technology portfolio.

According to MAIRE, this design can reduce steam consumption and operating costs compared with conventional urea production processes. It also incorporates proprietary materials and process features intended to improve equipment reliability, extend operating life and support stable long-term production.

This award represents the largest production capacity among the projects included in the announcement, although MAIRE has not disclosed its individual contract value or the plant’s precise location.  Nextchem contracts

Stamicarbon equipment to upgrade German fertilizer site

In Germany, SKW Stickstoffwerke Piesteritz has awarded Stamicarbon a contract for three high-pressure urea strippers.

The equipment will be installed at SKW Piesteritz’s integrated ammonia and urea production site. Based on NX STAMI™ Urea technology, the new strippers are designed to remove production bottlenecks, lower high-pressure steam consumption and improve the reliability of liquid distribution.

Unlike the Asian project, this contract concerns improvements to an operating industrial site rather than the construction of an entirely new plant.

Canadian project moves into process design

Stamicarbon has also secured a Process Design Package contract for a new urea plant in Canada.

The proposed facility will use LAUNCH MELT™ Conventional Total Recycle technology and have a planned capacity of approximately 1,150 short tons per day.

Stamicarbon’s work will support the front-end engineering design, or FEED, phase. This means the project is progressing through engineering development, but the announcement does not constitute confirmation of a final investment decision or construction start.

That distinction is important: a Process Design Package establishes the technical basis needed for subsequent project decisions, while full execution remains subject to the developer’s approvals and investment process.

Nextchem evaluates plastic upcycling project in Türkiye

The fourth award moves beyond fertilizer technology. Nextchem will conduct a feasibility study for a mechanical plastic-upcycling plant proposed by a Turkish integrated waste-management and renewable-energy company.

The facility would use Nextchem’s NX Replast™ technology to process 40,000 tonnes of mixed polyolefin waste each year. The targeted materials are polypropylene, commonly known as PP, and high-density polyethylene, or HDPE.

Following sorting and purification, the recovered plastic streams would be converted into compounded recycled polymers with potential use as higher-value industrial raw materials.

Because this award covers a feasibility study, the plant’s construction has not yet been confirmed. The study will assess whether the proposed project is technically and economically viable.

Why the Nextchem contracts matter

The awards illustrate the breadth of Nextchem’s technology-based business model. Its activities range from licensing and early engineering to the supply of specialist equipment, without every project requiring a complete engineering and construction contract.

Three of the projects focus on urea production, where energy consumption, operating reliability and plant efficiency are important cost considerations. The Turkish study extends the portfolio into mechanical plastic recycling and the circular use of polyolefin waste.

The geographic spread also reduces dependence on a single market, with project activity distributed across Asia, Germany, Canada and Türkiye.

Fabio Fritelli, managing director of Nextchem, said the awards reflect customer confidence in the company’s technology platform and its ability to support the efficiency, reliability and long-term performance of industrial assets.

For investors and industry observers, the next points to monitor will be the progress of the Canadian project beyond FEED, the outcome of the Turkish feasibility study and any additional information about the execution schedules for the Asian and German contracts.

Frequently asked questions

What is the total value of the new Nextchem contracts?

MAIRE reported an aggregate value of approximately €50 million. It did not disclose a separate value for each award.

Where are the projects located?

The projects are located in Asia, Germany, Canada and Türkiye. The precise Asian location was not disclosed.

Do all four awards involve construction-ready projects?

No. The portfolio includes licensing, process design and equipment contracts, as well as a feasibility study. The Canadian and Turkish projects remain at pre-construction development stages.

What does Stamicarbon contribute?

Stamicarbon supplies proprietary urea-production technology, process designs and specialist equipment. It is Nextchem’s nitrogen-technology licensing subsidiary.

What plastic will the proposed Turkish plant process?

The proposed facility is designed for mixed polypropylene and high-density polyethylene waste, with an annual processing capacity of 40,000 tonnes.

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