By: ICN Bureau
Last updated : September 30, 2022 9:45 am
Award enhances Novolen’s position as the industry’s leading licensor of polypropylene (PP) technology, which offers low capital and operating expense, plus competitive and flexible product solutions
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that Lihuayi Weiyuan Chemical selected its Novolen PP technology for a new unit in Shandong Province, China. Lummus’ scope includes the technology license for the PP unit as well as basic design engineering, training and services.
“We are grateful for Lihuayi Weiyuan’s selection of Novolen, and proud to support our customer across the full value stream, from propane feedstock to high-value polypropylene product,” said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. “Our technology has proven to yield our customers significant CAPEX and OPEX advantages, coupled with the ability to produce a comprehensive range of high-performance polymers.”
In addition to PP technology, Lummus also licensed its CATOFIN® technology to Lihuayi Weiyuan. In 2021, Lihuayi Weiyuan selected Lummus as the licensor for its CATOFIN propane dehydrogenation technology for a 600 KTA unit in China.