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Maire, a leading technology and engineering group, has announced that one of its key subsidiaries, Nextchem, has been awarded a major technology licensing, design package and catalyst supply contract by Al Baleed Petrochemical Company (ABP) for a petrochemical plant in the Salalah Free Zone, in Oman.
A company for green chemistry and energy transition technologies, Nextchem will be strengthening its global leadership in maleic anhydride technology by offering its subsidiary Conser’s comprehensive package, including catalyst.
Conser is the technology licensor for high-value chemical derivatives and biodegradable plastics.
The plant is part of a chemical park that ABP is developing for the value chain of LPG, methanol and ammonia and will have a capacity of 50,000 tonnes per year of maleic anhydride, an intermediate used for the production of biodegradable plastics.
On the contract award, Maire CEO Alessandro Bernini said: "This award consolidates Maire’s position as a world leader in maleic anhydride and its derivatives technology, confirming our role as a technological enabler in strategic geographies."
"The scope of work entails licensing and the process design package for Conser’s proprietary maleic anhydride technology, as well as the technical assistance during project execution, up to commissioning and start-up. Additionally, Conser will supply the related catalyst," he noted.
"This project represents an important step in positioning Oman as a key player in the biodegradable plastics market, leveraging on Salalah Free Zone logistics hub for the petrochemical and natural materials processing sectors," he added.-TradeArabia News Service