# NextChem acquires 51% stake in MyRemono for plastic depolymerization technology

NextChem, a subsidiary of Maire Tecnimont, acquired a 51% stake in MyRemono S.r.l., which holds the CatC plastic catalytic depolymerization technology. The technology recovers high-purity monomers from plastic waste, with a demonstration plant operating in Italy.

- Type: Acquisition
- Announced: 2023-04-27
- Where: Abruzzo region, Italy
- Value: $6.70M (6.12M EUR)
- Status: announced
- Capacity: 1,600 tons of plastic waste per year (demo plant); up to 5,000 tons per year (industrial plant planned)
- Products: plastic catalytic depolymerization technology, monomers from plastic waste
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Maire Tecnimont](https://endata.com/companies/8164.md)
- [NextChem](https://endata.com/companies/54665.md)
- [Maire Tecnimont](https://endata.com/companies/8164.md) (investor)
- [NextChem](https://endata.com/companies/54665.md) (acquirer)
- [Biorenova](https://endata.com/companies/68350.md) (partner)
- [MyRemono](https://endata.com/companies/69997.md) (target)

## Sources

- [groupmaire.com](https://www.groupmaire.com/en/newsroom/press-releases/detail/maires-nextchem-acquires-control-of-catc-an-innovative-plastic-chemical-recycling-technology/), 2023-04-27: "CatC is a continuous chemical recycling process to recover monomers with ultra-high levels of purity from sorted plastic waste."
- [chemanager-online.com](https://chemanager-online.com/en/news/nextchem-takes-majority-stake-in-myremono), 2023-05-04: "MyRemono will build the first industrial-scale plant with a processing capacity of up to roughly 5,000 t/y."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.