NextChem, a subsidiary of MAIRE, has signed an agreement with Uzkimyosanoat to collaborate on energy transition initiatives in Uzbekistan, focusing on the development of a carbon capture and storage (CCS) project using NextChem’s proprietary NX Decarb technology. The agreement was signed during the official visit of the President of Uzbekistan, Shavkat Mirziyoyev, at the Uzbekistan Economic Day in Brussels.

Uzkimyosanoat, a state-owned joint stock company leading Uzbekistan’s chemical industry, integrates enterprises to promote innovation and industrial growth through the development of advanced chemical plants. Under the new agreement, NextChem and Uzkimyosanoat will establish a Joint Working Group to conduct a feasibility study for a CCS initiative in alignment with Uzbekistan’s recent decarbonization regulations.

Following the feasibility phase, the collaboration may extend to the Engineering, Procurement, and Construction (EPC) stages, involving other companies within the MAIRE Group. The partnership also aims to explore potential financing solutions to support the project’s execution.

Fabio Fritelli, Managing Director of NextChem, stated: “This partnership confirms our commitment to advancing Uzbekistan’s energy industry by leveraging NextChem’s robust portfolio of low-carbon technologies. We are proud to support Uzkimyosanoat in its decarbonization journey while expanding our industrial and technological presence in the strategic region of Central Asia.”