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MaireTecnimont Secures Contract with SATORP for Sustainable Refinery Solutions

Story Highlights
  • MaireTecnimont focuses on sustainable technology solutions through its subsidiary NextChem.
  • NextChem’s contract with SATORP enhances energy efficiency at a Saudi refinery.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

MaireTecnimont SpA ( (IT:MAIRE) ) just unveiled an update.

MaireTecnimont’s subsidiary, NextChem, has secured a three-year contract with SATORP, a joint venture between Saudi Aramco and TotalEnergies, to enhance the energy efficiency and carbon footprint of the sulfur recovery complex at SATORP’s refinery in Saudi Arabia. This contract not only strengthens MaireTecnimont’s relationship with SATORP but also highlights the company’s role as a leader in process engineering and its commitment to sustainability and innovation in the refining industry.

More about MaireTecnimont SpA

MaireTecnimont SpA operates in the engineering and technology sector, focusing on sustainable technology solutions through its subsidiary NextChem. The company provides engineering and technology consulting services aimed at improving energy efficiency and reducing the carbon footprint in various industrial processes, with a market focus on sustainable and innovative solutions.

YTD Price Performance: 4.66%

Average Trading Volume: 2,628

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.82B

For detailed information about MAIRE stock, go to TipRanks’ Stock Analysis page.

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