NEXTCHEM (MAIRE) Completes the Acquisition of German-Based Gascontec

NEXTCHEM (Sustainable Technology Solutions) finalized the acquisition of 100% of GasConTec GmbH (“GCT”), an innovative company specialized in technology development and process engineering. Founded in 2017, GCT is located in Bad Homburg, Germany.

GCT has over eighty patents and extensive expertise in the synthesis of low-carbon products such as hydrogen, methanol, olefins, gasoline and integrated methanol-ammonia processes. The company’s portfolio includes the autothermal reforming, a well-established technology, that can generate low-carbon hydrogen with very high carbon capture rates.

As per the press release, the process achieves high hydrogen yields, while reducing external energy needs, ensuring efficiency and cost-effectiveness, especially for large-scale plants. Also known for its expertise in process engineering, the company has access to a German-based industrial-scale demonstration plant for high-pressure partial oxidation, which is a global standard for the industry.

GCT’s distinctive technologies will complement and significantly strengthen NEXTCHEM’s commercial offering in the low-carbon, green and circular solutions. Alessandro Bernini, MAIRE CEO commented, “This acquisition marks an important step in NEXTCHEM’s path to enhance and expand its unique technology portfolio. GasConTec brings distinctive solutions able to effectively meet our clients’ current and future decarbonization needs, in line with MAIRE’s positioning as industrial enabler of the energy transition”.

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