Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Maire Tecnimont S.p.A.    MT   IT0004931058

MAIRE TECNIMONT S.P.A.

(MT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Maire Tecnimont S p A : GranBio and NextChem sign partnership to develop cellulosic ethanol market (Non price sensitive)

08/03/2020 | 06:01am EST

GranBio and NextChem sign partnership to develop

cellulosic ethanol market

São Paulo / Rome, August 3, 2020 - GranBio, a 100% Brazilian industrial biotechnology company, and NextChem, Maire Tecnimont's subsidiary for energy transition announced a strategic partnership to achieve global leadership in the licensing of patented GranBio 2G Ethanol technology to produce cellulosic ethanol.

GranBio's 2G Ethanol technology converts lignocellulosic, non-food biomass to renewable, low carbon intensity biofuels. NextChem is partnering with GranBio to license this technology worldwide. The alliance combines GranBio's technology and knowledge in second generation biomass and biofuels with NextChem's engineering intelligence, EPC capabilities and Group global presence, to offer integrated services, feasibility studies, integration projects, engineering and construction of manufacturing plants around the world.

The technology developed by GranBio to produce 2G ethanol has already been implemented in its factory located in São Miguel dos Campos, in Alagoas, the first in the Southern Hemisphere dedicated to cellulosic ethanol.

"We will be pioneers in this business model, leading the development of the cellulosic ethanol industry globally. Some countries already recognize the renewable carbon premium; our flexible method allows the use all types of agricultural waste and energy crops as feedstocks, such as cane straw, miscanthus, and corn stover and even leftover wood such as pine and eucalyptus. With the Alliance with NextChem, we have the ambition to conquer a significant share of the available market: we have the security and reliability that our technology is very promising", says Paulo Nigro, CEO of GranBio.

"This partnership with GranBio improves our technological portfolio in biofuels with a flexible and profitable solution to produce ethanol, a globally used chemical with many established industrial applications and enormous potential" said Pierroberto Folgiero, CEO of NextChem and Maire Tecnimont. "GranBio's reference plant is the only one of this kind, on an industrial scale, in operation at a worldwide level. We are confident in a winning solution that we shall be able to industrialize everywhere, thanks to our worldwide presence and engineering capabilities".

GranBio, a 100% Brazilian industrial biotechnology company, controlled by GranInvestimentos S.A., creates solutions to transform biomass into renewable products. www.granbio.com.br

Contacts: Connectare Comunicação, claudia@connectarecomunicacao.com.br, denise@connectarecomunicacao.com.br,+ 55 (11) 97663-4001/99832-4877

Maire Tecnimont S.p.A., is the head company of an industrial group leader in the natural resources processing industry. Its subsidiary, NextChem operates in the field of technologies for the energy transition. www.mairetecnimont.com www.nextchem.com.

Contacts: mediarelations@nextchem.it, mediarelations@mairetecnimont.it, +39 328 1297533 +39 366 6494966

Disclaimer

Maire Tecnimont S.p.A. published this content on 03 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2020 10:01:05 UTC


© Publicnow 2020
All news about MAIRE TECNIMONT S.P.A.
01/21MAIRE TECNIMONT S P A : Corporate Events Calendar 2021
PU
2020MAIRE TECNIMONT S P A : Enel Green Power and Maire Tecnimont Group's Nextchem si..
PU
2020MAIRE TECNIMONT S P A : Update Related to Amur Gas Processing Plant UI&O Proj
PU
2020MAIRE TECNIMONT S P A : New Awards for an Overall Value of Approximately €100 Mi..
PU
2020MAIRE TECNIMONT S P A : strenghtens its petrochemical business in India with an ..
PU
2020MAIRE TECNIMONT S P A : Enel Green Power and Maire Tecnimont Group's NextChem si..
AQ
2020ENEL S P A : Maire Tecnimont Subsidiaries to Build Green Hydrogen Plant in US
DJ
2020MAIRE TECNIMONT S P A : Enel Green Power and Maire Tecnimont Group's Nextchem si..
PU
2020MAIRE TECNIMONT S P A : Group's Nextchem and Indian Oil Corporation sign India's..
PU
2020MAIRE TECNIMONT S P A : Filing of the Interim Financial Report as at 30 Septembe..
PU
More news
Financials
Sales 2020 2 803 M 3 388 M 3 388 M
Net income 2020 62,2 M 75,2 M 75,2 M
Net Debt 2020 271 M 328 M 328 M
P/E ratio 2020 9,72x
Yield 2020 3,30%
Capitalization 617 M 746 M 745 M
EV / Sales 2020 0,32x
EV / Sales 2021 0,26x
Nbr of Employees 5 983
Free-Float 44,4%
Chart MAIRE TECNIMONT S.P.A.
Duration : Period :
Maire Tecnimont S.p.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MAIRE TECNIMONT S.P.A.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 2,03 €
Last Close Price 1,88 €
Spread / Highest target 22,6%
Spread / Average Target 7,94%
Spread / Lowest Target -4,05%
EPS Revisions
Managers and Directors
NameTitle
Pierroberto Folgiero CEO, COO, Director & General Manager
Fabrizio di Amato Chairman
Franco Rossi Galante Chairman-Supervisory Board
Alessandro Bernini Group Chief Financial Officer
Franco Ghiringhelli SVP-Human Resources & Process Excellence, ICT
Sector and Competitors
1st jan.Capitalization (M$)
MAIRE TECNIMONT S.P.A.2.96%746
VINCI SA-5.56%52 242
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED-1.41%31 655
LARSEN & TOUBRO LIMITED5.74%26 147
CHINA RAILWAY GROUP LIMITED3.61%19 137
FERROVIAL, S.A.-10.93%17 618