Circular Economy Maire Tecnimont’s Next Chem Launches ‘My Rechemical’
The new launch ‘My Rechemical’ is Next Chem’s new subsidiary focusing on chemical valorisation of non-recyclable plastics and ‘Waste to Chemical’ processes. With this, the company aims to strengthen its presence in the market and also be recognised as the player with the most innovative technological solutions for circular economy.
Rome/Italy – Within just weeks after the launch of the My Replast trademark for upcycling technology of recyclable plastics, the Maire Tecnimont company for energy transition Next Chem launches My Rechemical, a new subsidiary entirely dedicated to chemical valorisation of non-recyclable plastics and ‘Waste to Chemical’ processes. Thanks to this additional initiative, Next Chem can offer a complete and integrated platform on an industrial scale for the recovery of all types of plastic waste.
My Rechemical’s technological portfolio allows to produce different chemical products and circular fuels, low carbon and high value added. Circular products, obtained by the recovery through chemical conversion of waste, allow to reduce CO2 emissions when used in place of products derived from hydrocarbons and avoid emissions generated by waste incineration, increasing the recycling rate.
Next Chem’s initiative is a result of the positive feedback on proposals related to Waste to Chemical (on which the company is working for several projects with oil companies, including Eni). A dedicated formal entity was created to concentrate technical skills that are necessary to the development and commercialisation of a technological solution, which is getting increasing interest from the market. The CEO is the engineer Giacomo Rispoli, already in charge of Waste to Chemical of Next Chem, with decades of experience in the oil & gas sector and in industrial technologies and energy transition.
The platform is the result of the integration between different proprietary and licensed technologies. The core of the process is the chemical conversion of carbon and hydrogen contained in waste (non-recyclable plastics, RDF and dry fraction) by partial oxidation and subsequent purification, from which a low carbon syngas is obtained, able to be converted with process extension into hydrogen, methanol, ethanol and derivatives, products with a lower carbon content than those from fossil sources, which can be included in the category of sustainable fuels.
This solution combines environmental benefits of circular economy and of decarbonisation and fits with the world-wide need for refineries to be converted into green processes. This is necessary for energy transition from fossil fuels to renewable energy, with the aim to contain the rise in temperature of the planet and climate changes.
“Through My Rechemical, Next Chem is able to offer a concrete and immediately available platform for the conversion of traditional industrial sites through green chemistry”, commented Pierroberto Folgiero, CEO of Next Chem and Maire Tecnimont Group. “The great availability of municipal solid waste and non-recyclable plastics makes them a ‘New Oil’ with great potential: thanks to our engineering in waste chemistry, it is possible to recreate carbon chemistry without starting from hydrocarbons”.