As part of the agreement, NextChem will offer technology, engineering, procurement and construction services for the development of a plant in Italy.
Maire Tecnimont and NextChem CEO Pierroberto Folgiero said: “This agreement is a great result for our strategy for the development of plastic waste Upcycling through our MyReplast technology.
“The Recycling sector needs a quality-based approach and an industrial vision, with a high attention to the market and synergies between players, as the partnership with Hera Group.”
NextChem specialises in providing energy transition technologies while Aliplast collects and recycles plastic waste and scrap and makes high-quality regenerated plastic materials.
The plant will leverage NextChem’s proprietary and innovative technology MyReplast for the ‘Upcycling of plastic waste into high value-added polymers’.
To be powered by green energy, the plant will be capable of producing up to 30,000t of high-quality recycled polymers from post-consumer plastic waste.
Hera Group executive chairman Tomaso Tommasi di Vignano said: “This partnership combines excellence and strengths of players that can make a difference in the energy transition towards a more sustainable development model.
“Plastics need a recycling industry based on technology and innovation.
“This is why Aliplast decided to join NextChem Upcycling technology to achieve sustainability targets and to meet customers’ needs, which require high-quality polymers.”