CREATION OF INNOVATION THAT BRINGS WELL-BEING
4
4.3 TECHNOLOGICAL INNOVATION, RESEARCH AND DEVELOPMENT The technological advantage is a key strategic asset for the Group, whose innovation strategy is developed primarily to protect its portfolio of patents and developed technologies.
INVESTMENT IN RESEARCH AND DEVELOPMENT
Over the last five years, Maire Tecnimont has invested around €37 million in innovation projects, including targeted investments in startups and partnerships, in order to create a portfolio of technologies that responds optimally to the new needs of the ongoing revolution in energy and chemistry.
The Maire Tecnimont Group also leverages its intellectual property assets and technological expertise in order to develop new commercial projects, technology alliances and licensing.
NRs OF PATENTS OWNED BY THE MAIRE TECNIMONT GROUP
131
FAMILY BASED
The Maire Tecnimont Group’s patents and other intellectual property rights covering the products and services it offers, including trademarks, are key assets fundamental to the Group’s success and position. As innovation is also one of the prime areas of competitive advantage for the Group, we are continuously strengthening our R&D and our portfolio of proprietary innovative technologies in order to boost our position as a technology provider for the refining, power, oil&gas and petrochemical industries. We deliver a number of innovation projects every year and actively cooperate with leading research centers and industrial partners to continuously improve the overall performance of our technologies. 118
CREATING VALUE
45
1,725
As of the end of 2020, the Maire Tecnimont Group owns a portfolio of more than 1,700 patents, most of which relate to urea and fertilizers.
EQUIVALENTS
INNOVATION AND R&D
6
INNOVATION CENTERS
~76
PEOPLE INVOLVED IN R&D AS FULL TIME EQUIVALENT
81
INNOVATION PROJECTS
25
PARTNERSHIPS FOR TECHNOLOGICAL DEVELOPMENT
45 The table lists the number of patents, including patent applications. Each patent group has different equivalents (same invention but filed in a different country).
