3 minute read
BUSINESS MODEL
from 2021 Facts&Figures
by MAIRE
WE ARE A LEADING PROVIDER OF ENGINEERING & CONSTRUCTION, WE PROVIDE TECHNOLOGY & LICENSING, WE DEVELOP ENERGY BUSINESS VENTURES WORLDWIDE: IN OTHER WORDS, WE ARE A COMPANY PROVIDING A DIVERSE SET OF CLIENTS WITH THE BEST TOOLS AND TECHNOLOGIES TO TRANSFORM NATURAL RESOURCES INTO INNOVATIVE PRODUCTS FOR COUNTLESS EVERYDAY USES.
Our business has always rested on solid technological foundations, from the downstream industry to innovative projects for the energy transition and decarbonization.
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Our roots are in petrochemicals and refining; we have expanded into the energy sector, and successfully entered the field of fertilizers, green chemistry and hydrogen.
Our technologies are designed to reduce the environmental impact of the Refining & Gas Monetization industry and develop solutions for hydrogen, chemical recycling, waste-to-fuels, plastic recycling, and renewable fuels and plastics.
We provide proprietary and third-party technologies for the design, engineering and manufacture of a wide range of processing plants.
We offer a broad scope of services, comprising licensing, engineering, procurement of materials and equipment, construction supervision and project management, including digital services for operation & maintenance. Engineering, Procurement & Construction is our bread and butter: we have built many full EPC turnkey complex projects, maximizing local content and sharing value with our stakeholders in every part of the world.
Our work, health and safety performance are world class, significantly ahead of industry benchmarks.
Lastly, we can also engage in the very early stages of clients’ investment projects, helping them identify the best market fit for potential products or services that they may have been unaware of or overlooked.
OUR THREE SOULS: WHO WE ARE, WHAT WE DO
CONTRACTORS
ENGINEERING, PROCUREMENT, CONSTRUCTION
Our technological roots, dating back to the pioneers of Italian engineering, and the long experience gained through the management of large, integrated, and complex projects enabled us to become a leading global contractor. Our strong technological drive provides access to the Best Available Technologies (BAT) on the market, consolidating our position of leadership as a contractor for highly complex plants. Through our network of international engineering hubs, we supply clients with services and know-how that span from conceptual studies to technological consulting, process engineering, and detail design. The services we offer exploit business synergies and cross-fertilization opportunities present within our Group, drawing from the specialist skills of all of our companies.
TECHNOLOGISTS
TECHNOLOGY AND LICENSING
The Maire Tecnimont technology portfolio consists of 130 patent families and more than 1,850 individual patents and patent applications in many countries. In addition, the innovation pipeline (IPL) process has been rolled out across the Group, resulting in more than 70 new innovation projects in our Green Acceleration and more than 54 new patents in different fields. Maire Tecnimont’s research activities fall mainly into the following categories: development of new raw materials for petrochemicals production; improvement of current technologies; and development of innovative and sustainable new technologies. The continuous cooperation with Universities and Research Centers makes us frontrunners in open innovation and R&D, remaining on the cutting-edge of our industry.
ENTREPRENEURS
PROJECT DEVELOPMENT AND VENTURES
We pursue opportunities assisting potential clients from the early stages of the investment process, leveraging our advanced technical and financial skills to promote projects in which the Group can play a pivotal role in coordinating the whole process and the various financial, institutional, and technical actors involved. The Group itself initiates projects, bringing together investors and resources to establish a company to build and operate a plant. It entails playing a key role to steer strategic development – from concept to execution – of large-scale projects. Thanks to our extensive know-how in research, licensing, engineering and construction of natural resource processing plants, we provide solutions for the energy transition. Our history, expertise, knowledge and leadership in transforming natural feedstocks make us an industrial enabler of innovative and sustainable plants. From scouting, pivoting, industrializing, and finally marketing a portfolio of sustainable technologies dedicated to decarbonization and green chemistry, we are committed to accelerating the energy transition, making it real for our clients and communities. We are taking a leading role in this new ecosystem through proactive project development, launching new supply chains, and by activating innovative financial instruments and green capital on both the debt and equity side, which can also include our direct co-investment.