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Grant of €194 million assigned to NextChem as part of the “IPCEI Hy2USE” EU project

9/23/2022

The project sets up the Hydrogen Valley of Rome, the first industrial-scale technological hub for the development of the entire national hydrogen supply chain
The waste-to-hydrogen plant will produce up to 20,000 tons/year of hydrogen at full capacity, using 200,000 tons/year of non-recyclable solid waste as raw material

Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been assigned a EUR 194 million grant for the development of a waste-to-hydrogen plant as part of the "IPCEI Hy2Use" EU project. The project sets up the Hydrogen Valley in Rome, the first industrial-scale technological hub for the development of the national supply chain for the production, transport, storage and use of hydrogen for the decarbonization of industrial processes and for sustainable mobility.

The grant will be disbursed during the construction phases of the plant. The next steps concern the start of the project activities and all the necessary permits, in order to ensure the plant start-up in the first half of 2027, in compliance with the funding. In the initial phase a production of 1,500 tons/year of hydrogen and 55,000 tons/year of ethanol is expected. The production of hydrogen will grow according to its demand, up to 20,000 tons per year, proportionally reducing the volumes of ethanol. Thanks to NextChem's proprietary technology, developed by its subsidiary MyRechemical, the plant will use 200,000 tons/year of non-recyclable solid waste as raw material, thus also contributing to optimizing the waste treatment cycle in Rome through a conversion process significantly reducing total CO2 emissions.

The European project also includes a contribution of approximately EUR 4 million for additional research and development activities in waste-to-hydrogen technology, leveraging scientific partners such as Enea, Fondazione Bruno Kessler and La Sapienza University of Rome. The non-repayable IPCEI grant supports the activities carried out by the parties involved in the implementation of Important Projects of Common European Interest (IPCEI). The Fund, supported by the Italian Ministry of Economic Development, will allow Maire Tecnimont Group’s industrial model to become a worldwide best practice for the valorization of waste and the production of hydrogen as well as other chemicals, while significantly reducing CO2 emissions.