OUR ROADMAP TO ENERGY TRANSITION NextChem’s Corporate Profile July, 2020
MAIRE TECNIMONT GROUP AT A GLANCE
PRESENCE IN THE WORLD
OPERATING COMPANIES
~9,300 HYDROCARBONS
EMPLOYEES & PROFESSIONALS
50
GREEN ENERGY
OPERATING COMPANIES
45
COUNTRIES
FY 2019 RESULTS
€3.3 BLN REVENUES
€235.6 MLN EBITDA
€6.4 BLN BACKLOG 2
* Data are based on corporate analysis ** Completed
MAIRE TECNIMONT GROUP GLOBAL & TECHNOLOGICAL LEADERSHIP PETROCHEMICALS WELL ROOTED TECHNOLOGY ORIENTATION: MARKET LEADER (#1) FOR INSTALLED CAPACITY (last 10ys)
30%
50%
CORPORATE PROFILE | GROUP OVERVIEW
Since 1970
FERTILIZERS
54%
LICENSING UREA PLANTS TECHNOLOGY (#1 worldwide)*
MARKET SHARE IN
MARKET SHARE IN
21GW INSTALLED WORLWIDE
LICENSING SULPHUR RECOVERY AND TAIL GAS TREATMENT TECHNOLOGY
MARKET SHARE IN
34%
200
IN LARGE GAS TREATMENT PLANTS AND REFINERY PROCESS UNITS
Since 1971
172
POLYETHYLENE AND POLYPROPYLENE PLANTS **
WORLD CLASS TRACK RECORD
LICENSING UREA GRANULATION TECHNOLOGY (#2 worldwide)*
Since 1924
MORE THAN
TECHNOLOGIES FOR ENERGY TRANSITION:
OVER
POLYOLEFIN PLANTS
LDPE PLANTS
WELL RECOGNIZED LEADERSHIP IN LICENSING HYDROGEN TECHNOLOGY AND IN
MARKET SHARE IN
RENEWABLES & GREEN CHEMISTRY
POWER
OIL&GAS REFINING
AMMONIA AND UREA PLANTS**
MORE THAN
HYDROGEN AND SULPHUR RECOVERY UNIT PROJECTS**
POWER GENERATION PROJECTS
70
R&D PROJECTS
PROPRIETARY UNDER PARTNERSHIP FOR EXCLUSIVE LICENSING WITH A ROLE OF INTEGRATOR & EPC
RESEARCH PROJECTS: OVER
10
WITH A ROLE OF PARTNER / COORDINATOR
MORE THAN
280
Cumulated Patents INVESTED IN INNOVATION
Since 1962
250
1,492
€56MN
7th
RANK ENR WORLD TOP-10 POWER MARKET ENGINEERING COMPANIES 2016
5 3 20
DEVELOPED more than
DESIGNED more than
1,000 MW wind 800 MW solar
560 MW wind 300 MW solar
MANAGED more than
500 MW wind 150 MW solar
BUILT more than
480 MW wind 150 MW solar
Strong commitment to technology development
In Green Acceleration (last 5ys)
MAIRE TECNIMONT IN THE WORLD Data as of 31/12/2019
HOUSTON
ITALY AND REST OF EUROPE INDIA, REST OF ASIA AND AUSTRALIAN REGION
CORPORATE PROFILE | GROUP OVERVIEW
RUSSIA AND CASPIAN REGION
MILAN
BRAUNSCHWEIG (D)
MOSCOW
MUMBAI
2,214 584 42 446
NORTH AFRICA AND SUBSAHARAN AFRICA REGION
TOTAL EMPLOYEES
SITTARD (NL)
2,964
AMERICAS REGION MIDDLE EAST REGION
ROME
97
6,347
Average age: 41,7 years Approx. 68% graduates
~6,350 employees worldwide
+3,000 professionals in Electrical & Instrumentation
Maire Tecnimont is a multicultural and multinational Group
Headquarters Main offices and engineering centres Subsidiaries, branch and representative offices
4
Data as of 31/12/2019
NEXTCHEM SPA AT A GLANCE
8 CONTROLLED COMPANIES
90 EMPLOYEES
€23MLN NET WORTH
5
5 ENERGY TRANSITION MACRO TRENDS
NEW FEEDSTOCKS
Bio-feedstock as raw material Waste as feedstock
NEW PLASTICS
Recycled No Fossil Feedstock
GAS EXPLOITATION
Gamechanger in the transport fuel Renewable natural gas
ELECTRIFICATION
Renewable electricity as a feedstock Storage of renewable energy
CO2 CAPTURE
Zero emission Reutilization
6
NEXTCHEM PLAYING FIELD
2020
2021-2024
>2024
KEY INDUSTRIES 1st GREEN Generation Bio-Fuels
Green Green
2nd to 3rd Generation Bio-Fuels
Create
Bio-Polymers for High Added Value Applications
(use biological components as feedstock)
Plastic Waste Upcycling (Mech. Recycling) Circular Economy
Integrated recycling (Mechanical & Chemical)
Improve
(waste recycling)
Waste to Fuels Waste to Chemical
Greening the Brown (industrial processes pollution reduction)
Reduce
Renewable energy to chemicals & fuels Renewable energies
Enabling Natural Gas Industry
Renewable energies 7
NEXTCHEM BUSINESS MODEL
OPERATOR
BUSINESS MODEL NOT VIABLE DUE TO SIGNIFICANT INVESTMENT SCALE
NEXTCHEM BUSINESS MODEL
(EQUITY CONTROL OF GREEN PRODUCTION PLANT/ PLAYER)
JV PARTNER
NEXTCHEM BUSINESS MODEL
(EQUITY AND TECH PARTNERNSHIP WITH INDUSTRIAL PLAYER)
JV PARTNER OPTION NOT FEASIBLE DUE TO INVESTMENT SCALE
EPC ORIGINATOR (COMMERCIAL ORIGINATION BACKED BY MET CAPABILITIES)
LICENSOR (IP AND FEED COMMERCIALIZATION TO INDUSTRIAL PLAYERS)
EPC ORIGINATOR AND LICENSOR BUSINESS MODELS TO BE PURSUED ONLY IF OPERATOR / JV PARTNER OPTIONS ARE NOT POSSIBLE
NextChem will activate optimal business model on a case by case basis with the objective of maximizing return of IP Portfolio and commercial opportunities
SIGNIFICANT SCALE
SMALL SCALE INVESTMENT SCALE (CAPEX REQUIRED TO DEVELOP FULL INDUSTRIAL SCALE PLANT)
8
MAIRE TECNIMONT CONTRIBUTION TO GREEN ACCELERATION TECHNOLOGY AND EXECUTION EXPERTISE
SCOUTING & PIVOTING INDUSTRIALIZING COMMERCIALIZING
ACCELERATE THE RAMP UP OF THE INNOVATION
PORTFOLIO MANAGEMENT
NATURAL HEDGE OF INNOVATION VOLATILY ECOSYSTEM DRIVEN
2-WAY FINANCIAL ENABLER: TO RAISE FUNDS AND TO EMPLOY GREEN CAPITALS
THE INNOVATION PLAYER OF CHOICE
9
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