Lummus and Texplore seal polyethylene deal
Under the agreement, Lummus will exclusively license Texplore’s EXCENE HDPE technology. Lummus will also provide engineering design for plant construction, services for plant commissioning and start-up, and additional life cycle services, while Texplore will provide their EL-CATTM catalyst supply.
Well suited for high-capacity production, HDPE is a thermoplastic polymer that is one of the most versatile plastic materials. HDPE has a high strength-to-density ratio and is used to make a wide variety of products including large-diameter pipes and films, and more.
The technology offers HDPE for use in a variety of high-end applications and quality products. It is also a reliable and simple process and operation.
“Licensing Texplore’s HDPE technology builds on our recent success of expanding Lummus’ comprehensive technology portfolio,” said Leon de Bruyn, president and chief executive officer, Lummus Technology.
“Lummus has a long history of partnering with industry-leading companies like SCGC to leverage our collective strengths and bring innovative technologies to market.”
“We are honoured to join hands with Lummus Technology in this collaboration, as we see it as a perfect fit for both parties to synergise our strengths and experiences towards a successful long-term partnership,” said Dr Suracha Udomsak, executive vice-president and chief innovation officer of SCGC.
“Today's CCA signing is just the beginning of a new chapter in our journey, and we are excited to explore further steps together to boost our sustainable market and bring value to our clients.”