CHEMICAL MANAGEMENT
PRNewswire | May 09, 2023
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Texplore Co., Ltd. a wholly owned subsidiary of SCG Chemicals Public Co., Ltd. (SCGC), announced a commercial cooperation agreement to license and market EXCENE™, Texplore's high-density polyethylene technology. Leadership from both companies recently participated in a signing ceremony in Bangkok, Thailand.
"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 honored to join hands with Lummus Technology in this collaboration, as we see it as a perfect fit for both parties to synergize 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."
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 lifecycle services, while Texplore will provide their EL-CAT™ 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.
EXCENE™ is a proven proprietary HDPE process commercialized by Texplore. The technology offers HDPE for the use in variety of high-end applications and quality products. It is also reliable and simple process and operation.
About Lummus
Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.
Read More
CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES
Businesswire | April 18, 2023
Origin Materials the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and SCG Packaging PLC (“SCGP”), a leading multinational consumer packaging solutions provider, today announced a strategic partnership to explore licensing Origin technology for use in an ASEAN-based manufacturing facility.
The strategic partnership includes a joint development agreement between Origin and SCGP. The companies aim to develop sustainable, carbon-negative products from eucalyptus feedstocks provided by SCGP with applications in food packaging, logistics, automotive, and construction.
As part of the joint development work, Origin has successfully processed and tested SCGP’s eucalyptus feedstock in its West Sacramento, California, pilot facility and confirmed similar yields to other sustainable wood residues that Origin has evaluated. As a feedstock, eucalyptus offers several benefits including rapid growth, adaptability to diverse environments, and other properties useful for industry.
“Our work with SCGP reflects the power and versatility of our technology platform to capitalize on a wide range of plentiful, local feedstocks,” said Origin Materials Co-CEO Rich Riley. “This strategic partnership opens pathways for further scaling our technology, including potentially through a global licensing strategy. We are excited to take this significant step forward in Origin’s mission to enable the world’s transition to sustainable materials.”
The companies are exploring the production of plastic PET (polyethylene terephthalate), carbon black derived from HTC (hydrothermal carbon) for use in automotive tires, biofuels, as well as PEF (polyethylene furanoate), a next-generation polymer with an attractive combination of sustainability and performance characteristics for packaging. The intended sustainable products made from eucalyptus feedstock would leverage Origin’s patented technology platform to strengthen SCGP’s supply chain, innovative capability, and the value of its addressable markets by turning the carbon found in sustainable wood residues into useful materials while also capturing carbon in the process.
“SCGP has always prioritized sustainability in its business operation, focusing on the efficient use of resources through innovation and packaging solutions,” said SCGP CEO Wichan Jitpukdee. “It is a great opportunity that Origin, the world's leading carbon negative materials company, shares the same goal of supporting SCGP's sustainability efforts through expanding its expertise in development and maximizing the benefits and sustainability of Eucalyptus as a sustainable resource, while also expanding in ASEAN. This is a significant step in taking the business towards strong and sustainable growth, while evolving the quality of life for people in society and creating sustainability for all stakeholders.”
About Origin Materials
Headquartered in West Sacramento, Origin Materials is the world's leading carbon negative materials company. Origin’s mission is to enable the world’s transition to sustainable materials. For over a decade, Origin has developed a platform for turning the carbon found in inexpensive, plentiful, non-food biomass such as sustainable wood residues into useful materials while capturing carbon in the process. Origin’s patented technology platform can help revolutionize the production of a wide range of end products, including clothing, textiles, plastics, packaging, car parts, tires, carpeting, toys, fuels, and more with a ~$1 trillion addressable market. In addition, Origin’s technology platform is expected to provide stable pricing largely decoupled from the petroleum supply chain, which is exposed to more volatility than supply chains based on sustainable wood residues. Origin’s patented drop-in core technology, economics and carbon impact are supported by a growing list of major global customers and investors.
Read More
CHEMICAL MANAGEMENT
PRNewswire | May 29, 2023
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that it has reached an agreement with Siemens Energy to acquire assets from their water solutions portfolio including intellectual property and copyrights, trade secrets, and research and development properties. The technologies address water and wastewater needs of the oil and gas industry using carbon adsorption, biological treatment and hydrothermal processes.
Lummus will acquire Siemens Energy's Zimpro® wet air oxidation technology and PACT® system, plus the associated intellectual property, lab equipment and associated assets. The technologies will expand Lummus' portfolio of sustainable and integrated offerings into the treatment of water and wastewater produced in petrochemical and refining facilities.
"Water and wastewater management in industrial complexes is critical for our customers who are looking for answers to improve energy efficiency, make their operations more sustainable, and comply with environmental regulations and standards," said Leon de Bruyn, President and CEO of Lummus Technology. "This acquisition adds to our growing integrated technology portfolio and provides yet another sustainable solution for our customers."
The Zimpro system addresses treatment of caustic waste from ethylene crackers, while the PACT process is an efficient wastewater treatment process designed to remove organic pollutants from industrial wastewater. Both processes offer several advantages over traditional treatment methods, including the conversion and destruction of elevated waste streams, while minimizing the generation of secondary waste streams.
The Zimpro and PACT technologies provide solutions for industrial wastewater treatment challenges, yield cleaner wastewater for reuse at industrial facilities and deliver a reliable water resource while reducing risk, carbon footprint and operating costs.
About Lummus Technology
Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.
Read More