Petrochemicals

GREEN CHEMISTRY & RENEWABLES

Waste biomass Plastic and Solid Waste Vegetal waste oils residual fats

CONTROL ROOM

UPCYCLING (MYREPLAST TM)

BIO POLYMERS STEAM CRACKER PLASTIC WASTE PYROLYSIS

2G ETHANOL WASTE TO CHEMICALS CIRCULAR HYDROGEN™ GREEN HYDROGENBLUE/ELECTRIC BLUE™ HYDROGEN

HVO FOR RD/SAF

K

N P

N

K K P

K P

>30

TECHNOLOGIES IN GREEN ACCELERATION WASTES AND BIOMASS AS THE NEW CARBON NEUTRAL FEEDSTOCKS FOR INDUSTRY

The raw materials and processes of the decarbonized era are changing: fossil fuels are increasingly being substituted by renewable sources, and recycled materials from waste are integrating and partially substituting extraction and manufacturing of new materials. In addition, processes based on biomass are now opening new routes to carbon neutral alternatives of conventional fossil-based products, like bioplastics and biofuels.

WE ARE FOCUSED ON RENEWABLE POWER GENERATION

Renewable power generation is the foundation and the beating heart of the Energy Transition: Renewable energy projects have been increasing in size in many countries, and our subsidiary Neosia Renewables is here to provide the market with high-quality services along the whole renewable value chain, from development and design to engineering, procurement and construction, leveraging our Group’s global network and our wide and deep project management experience.

NEW FEEDSTOCKS FOR NEW PROCESSES: THE GREEN ACCELERATION STARTS HERE

We aim to develop solutions for scaling technologies in the industrial sector and for the widespread substitution of traditional transport fuels, petrochemicals and fertilizers, biobased feedstock alternatives.

Low-carbon Polymers and Plastics: our proprietary MyReplastTM Upcycling technology can starting from plastic waste, produce new raw materials which can substitute virgin polymers in the production of high-value plastic goods. Thanks to the industrial roots and experience of our Group, today we know how to design future-proof biopolymers plants, based on biological feedstocks like sugars, instead of the conventional fossil-based. We also develop solutions for chemical recycling, which enable the treatment of a wider range of otherwise non-recyclable plastics, turning them into valuable carbon neutral hydrocarbons for a true circular economy. Low-carbon Refinery: we are also developing technologies for advanced 2nd generation biofuels. These types of biofuels will be a driver for decarbonization in the transportation sector, especially for long-haul road-transport and air travel, where electrification is more challenging. In partnership with Saola Energy, NextChem has introduced in its portfolio an innovative solution for small scale hydrogenated vegetable oil (HVO, also called Renewable Diesel) plants, tackling feedstock availability limitations while reducing logistics, transportation costs and operations complexity. The partnership with GranBio means our portfolio now includes the 2G Ethanol technology that converts lignocellulosic, non-food biomass to renewable, low-carbon intensity biofuels. NextChem’s MyRechemical waste-to-chemicals conversion technology allows the production of “circular” fuels like circular hydrogen, methanol and ethanol.

Low-carbon Hydrogen: the gateway to e-fuels and low-carbon Ammonia. A mix of innovative proprietary and well-established market technologies constitutes the engine of NextChem’s hydrogen proposition: a portfolio of complementary technologies that allows users to kickstart the new hydrogen economy, leveraging on the local availability of low-carbon resources and feedstocks, transforming them into hydrogen and its derivatives, like e-fuels for the heavy mobility decarbonization, or low-carbon Ammonia and Green Fertilizers.

Carbon Capture Storage and Utilization: the flow is being reversed, from the extraction of hydrocarbons to the re-injection for sequestration and safe storage, from dumping a waste gas into the atmosphere, to its recycle and utilization as a precious source of carbon. Carbon Capture today represents one of the immediately applicable bridging solutions that can allow society to achieve its long-term carbon neutrality goal, even for hard-to-abate sectors. NextChem in this field can leverage on decades of experience in Capture from the Group, and on its solution for carbon utilization.

In a nutshell, NextChem within Maire Tecnimont is specialized in the development and deployment of new processes and products, starting from non-fossil feedstocks and renewable energy sources, and closing the loop by enabling a circular and carbon-neutral economy. New feedstocks call for new processes: another step forward in the green acceleration.

OUR SUSTAINABILITY STRATEGY

WORK ON OUR NEW SUSTAINABILITY STRATEGY GOT UNDERWAY IN 2021, AS WE IMPLEMENTED PROJECTS AND INITIATIVES NECESSARY TO ACHIEVE OUR KEY PRIORITY GOALS IN 2026 AND, MORE IN DETAIL, MEET THE COMMITMENTS LAID OUT IN OUR ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) PLAN.

GOVERNANCE

OUR PEOPLE AND THE VALUE OF H&S AND DIVERSITY

GOVERNANCE

CLIMATE, CIRCULAR ECONOMY, ENVIRONMENTAL SUSTAINABILITY

SUSTAINABILITY STRATEGY

GOVERNANCE

VALUE FOR TERRITORIES AND COMMUNITIES

CREATION OF INNOVATION THAT BRINGS WELL-BEING

GOVERNANCE

Maire Tecnimont Group made progress in 2021 in the four cluster areas of its sustainability strategy: Climate, the circular economy and the environment; Health, safety and diversity; Innovation that creates well-being; Value for communities where we operate. We have indicated specific targets for our ESG agenda to be achieved over the duration of our strategy. In the Environment cluster, we are prioritizing the fight against climate change by reducing our emissions; reducing the emissions of plants we build or revamp for customers; and developing and deploying new technological solutions that are already low or zero carbon and that allow us to achieve carbon neutrality objectives more quickly. In 2021 we set up Met Zero, a Technical Task Force dedicated to CO2 reduction, and created vertical working groups aimed at reducing our Group emissions to achieve carbon neutrality targets. In 2021 we signed several plant engineering agreements with clients interested in our energy transition technology portfolio in Europe, the USA and South America, India and the Middle East to eventually build plants that, once in operation, will reduce greenhouse gas emissions.

Our entry into the UN Global Compact in 2011 marked an important milestone. In the 10 years that have followed, our involvement has grown increasingly active. Recent years have seen us upgrade to «Participant» in the UN Global Compact, enter the Board of Directors of the Italian Network and sign the Women’s Empowerment Principles promoted by the UN Global Compact and UN Women. Following this, in 2021 we were particularly engaged in two working groups within the Italian Network: “Italian Business and Decarbonization Working Group: a just and inclusive transition” and “D&I Observatory”, pushing forward our commitment on some of ESG topics, in a peer-to-peer approach. In our Health, safety and diversity cluster, we are consolidating a strong focus on multiculturalism and inclusion. Safety was a main focus in 2021, (for example with the Stop & Coach Program), as were projects for wellbeing at work sites. We worked with internal focus groups and idea generation workshops to listen employees perception and proposals on D&I, and set up a Diversity & Inclusion working group. The Group’s new Flourishing Program created in 2021 selects young talents and helps them to grow more rapidly, creating the skills we need for our future.

To meet our Innovation cluster goals, we are focusing on digitalization of our organization, engineering and even construction processes, delivering advantages including efficiency, improvement of predictive and control phases, and emissions reduction. We have also expanded and strengthened our partnerships with universities and Open Innovation projects.

Lastly, we have set ever-higher targets for creating value in the areas and communities where we work, in terms of In-Country Value and Corporate Social Responsibility. Along with our help to communities during the Covid emergency, we were particularly active in India in 2021, where we set up a centre for Research on Waste Recycling and Circular Economy created with the National Institute of Technology, Karnataka (NITK) to train local professionals.

OUR COMMITMENT TO 14 SUSTAINABLE DEVELOPMENT GOALS ON A TOTAL OF 17 GOALS IDENTIFIED BY THE UN EVOLVE, MAIRE TECNIMONT FOUNDATION

Engineering is now facing a major challenge: learning to understand and interpret scenarios that require historic paradigm shifts, providing creative, innovative and effective responses for a future that combines economic growth with the protection of our planet’s resources.

Classical engineering must evolve to become “humanist engineering,” able to solve increasingly complex problems by applying the smartest innovations with a critical sense and a multidimensional vision.

This evolution inspired us in 2021 to create Evolve, Maire Tecnimont Foundation.

The Maire Tecnimont Foundation will draw from an historical archive of 7,000 drawings and projects by Italy’s most famous engineers and architects, and will be dedicated to training the “humanist engineers” of tomorrow. They will be able to contribute to the evolution of humanity by providing outstanding technological solutions, inspired by advances in technology and artificial intelligence and able to interpret social, ethical and environmental needs in the era of the energy transition and digitalization.

To this end, the Foundation will promote the dissemination of scientific content and socioeconomic studies along with the creation of a center of excellence for the development of skills. The Foundation will promote knowledge of the Maire Tecnimont Group’s historical heritage, using art and culture as a means of communication and networking, and will carry out educational initiatives and projects in collaboration with universities and for the benefit of local communities.