CNIM (EPA:COM) CNIM and MARTIN combine their expertise in the energy-from-waste and -biomass business to address the South and South East Asian market

Transparency directive : regulatory news

28/11/2017 08:39

Press Release
28 November 2017

CNIM and MARTIN combine their expertise in the energy-from-waste and-biomass
            business to address the South and South East Asian market

  A new company, CNIM MARTIN Pvt.Ltd., is set-up in Chennai, India (Tamil Nadu
            state) and will be jointly operated by CNIM and MARTIN.
Equally owned by the two companies, it will strengthen a more than 50-year long
                               partnership.

Paris/Munich - November 28, 2017 - CNIM and MARTIN announce the establishment
of a company dedicated to energy-from-waste and -biomass in order to develop
their business activities in the targeted markets.
Located in Chennai in the Indian state of Tamil Nadu, this company will rely on
the two partners' expertise and know-how to deliver turnkey solutions to public
authorities and private customers.

The company will offer the whole range of CNIM and MARTIN expertise in the
design, construction and delivery of turnkey energy-from-waste and biomass
plants, combustion and flue gas treatment technologies, revamping services
aiming at improving energy and environmental performance.

These are the assets that both partners will offer to the targeted market while
applying their wide range of services and technologies to local industrial
characteristics and maintaining proven environmental standards.

"Asia represents a high development potential, both for us and our partner
MARTIN. By joining forces and getting closer to our target markets, we will
offer the whole experience gained over the last five decades of successful
cooperation through the projects we carried out together. Our clients will also
benefit from our teams' great knowledge of our respective technologies and
know-how" explains Nicolas Dmitrieff, Chairman of the Management Board of
CNIM.

"Energy recovery from waste and biomass is a complex process. Our two
companies' proprietary technologies combined with our positioning as
engineering contractors as well as equipment and services providers will enable
us to respond to the issues that players in the waste treatment market are now
facing in Asia. I am looking forward to bring our long-term partnership to a
new level by jointly operating this company", adds Ulrich Martin, Managing
Director of MARTIN GmbH.

To date, more than 470 plants in 34 countries have been equipped with more than
900 lines with MARTIN grate combustion technology, treating close to 320.000
tons per day of municipal household waste.

CNIM has designed and delivered 167 turnkey waste-to-energy centers (including
285 lines) handling waste generated by more than 100 million people globally.
It has also delivered almost 300 biomass-to-energy facilities and more than 400
flue-gas treatment systems. CNIM also operates 13 waste and biomass treatment
sites, including 9 in France.

About CNIM: www.cnim.com
Founded in 1856, CNIM is a French equipment manufacturer and industrial
contractor operating on a worldwide basis. The Group provides its products and
services to major public and private sector organizations, local authorities
and national governments in Environment, Energy, Defense, and high technology
markets. Technological innovation is at the core of equipment and services
designed and manufactured by the Group. They contribute to produce cleaner and
more competitive energy, to limit environmental impacts of industrial
activities, to secure sensitive facilities and infrastructures and to protect
individuals and nation states. CNIM is listed on the Euronext exchange in
Paris. It relies on a stable family-based majority shareholding structure
committed to its development. The Group employs 2,500 staff and had revenues of
EUR539.9 million in 2016, 54.6% of which was from exports.

About MARTIN GmbH: www.martingmbh.de
For more than 90 years, MARTIN GmbH has been successfully active - as general
contractor, consortium partner, supplier of components or engineering partner -
in the field of combusting problematic fuels such as low grade coal and waste.
The core component of these plants, the combustion grate, is designed and
constructed in detail by MARTIN. MARTIN also has a sound knowledge of heat
recovery boilers and of other essential components and systems. We place a lot
of emphasis in R&D, all our projects benefit from our large experience base and
further developments. Service, supply of spare parts, modernization are all
part of our product portfolio. The 4th generation family-owned and managed
company employs about 250 people, most of them in the headquarter in Munich.

Press contacts:

CNIM - Agence Gootenberg
Laurence Colin
laurence.colin@gootenberg.fr
Tel :
+33 (0)1 43 59 00 46
Frédérique Vigezzi
frederique.vigezzi@gootenberg.fr
Tel : +33 (0)1 43 59 29 84

MARTIN GmbH
Marco Bogdanski
marco.bogdanski@martingmbh.de
Tel : +49 (0)89-35617-195

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21/12/2017 18:53

CNIM (EPA:COM) CNIM and MARTIN combine their expertise in the energy-from-waste and -biomass business to address the South and South East Asian market

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