• The collaboration will focus on a carbon capture storage project based on NEXTCHEM’s NX Decarb^TM technology in Uzbekistan

Milan, 27 October 2025 – During the official visit of the President of Uzbekistan, H.E. Mr. Shavkat Mirziyoyev at the Uzbekistan Economic Day in Brussels, NEXTCHEM and Uzkimyosanoat JSC have signed an agreement on a potential collaboration to develop a carbon capture project in Uzbekistan.

Uzkimyosanoat is a state-owned joint stock company that leads a chemical industry group, integrating enterprises to drive innovation and industrial growth through the development of advanced chemical plants.

In particular, the parties will establish a Joint Working Group to conduct a feasibility report for a carbon capture storage initiative using NEXTCHEM’s NX Decarb^TM technology, in line with the recent decarbonization regulation issued by the Uzbekh government.

This agreement may then enable the parties to collaborate also on the execution of the project through other companies of MAIRE group for the Engineering, Procurement, and Construction (EPC) phases, as well as for securing financing for the project.

Fabio Fritelli, Managing Director of Nextchem, said: “This, partnership confirms our commitment to advancing the Country’s energy industry, leveraging NEXTCHEM’s robust portfolio of low-carbon technologies. We are eager to support Uzkimyosanoat in its decarbonization path, while we further expand our industrial and technological footprint in a strategic area such as Central Asia”.