Kazanorgsintez and NextChem, jointly with MET Development, daughter companies of Maire Tecnimont S.p.A., have signed a Memorandum of Understanding concerning the joint development of a new biodegradable polymer plant in Tatarstan. The project will make use of know-how by NextChem and capabilities of MET Development.
Under the agreement, Kazanorgsintez and Maire Tecnimont Group will jointly assess and analyse the potential of building a biopolymer plant in Tatarstan. Maire Tecnimont Group will provide technological solutions and the best know-how for project development and implementation, building on its project portfolio. NextChem is ready to provide its know-how and to assist in the execution of the front end engineering design (FEED), engineering, procurement, and construction (EPC) of the production facilities.
Maire Tecnimont S.p.A. heads an industrial group that is a global market leader in natural resources processing (oil and gas plant design, ownership of technology, expertise, and know-how). Its subsidiary NextChem operates in the area of green chemistry and technology for energy supply strategies.
Kazanorgsintez (part of the TAIF Group) is one of the largest polyethylene producers and the only polycarbonate manufacturer in Russia. It is the only Russian member of the international PE100+ Association.