During institutional visit of Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, to the Prime Minister of Italy, Giorgia Meloni in Rome, NEXTCHEM (MAIRE Group) and Yousif Mohamed Al Nowais, long-term industrial partner of MAIRE, have signed a Memorandum of Understanding (MoU) to collaborate on further enhancing advanced plastic recycling in the UAE.

This MoU confirms and reinforces the relationship of the parties which dates back to the 90’s, when MAIRE entered the UAE energy arena by realizing several strategic projects to transform natural resources in added-value products for the manufacturing industry.

This MoU is another step forward to collaborate on scaling-up circular economy in the UAE following the first step undertaken by NEXTCHEM in 2022 with the launch of an advanced plastic upcycling plant in Abu Dhabi’s Kezad Industrial Zone. This unit has the capability to treat up to 100,000 tons of polyolefin plastic pellets. The technology used is part of NEXTCHEM's wide portfolio of innovative and efficient solutions that support the energy transition by decarbonizing processes and products.

Fabrizio Di Amato, Founder and Chairman of MAIRE commented: “The United Arab Emirates and MAIRE Group have a long successful history together, which dates back almost 30 years. This agreement confirms our commitment to invest and develop sustainable solutions to advance circularity in the Country, leveraging the engineering Made in Italy. Through our wide portfolio of technologies, NEXTCHEM is in a unique position to serve the market with best-in-class, innovative and efficient solutions to support the circular valorizations of waste materials.”