Lummus-Citroniq in deal to set up green polypropylene plants in US
HOUSTON, November 10, 2023
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Citroniq Chemicals, a leading producer of carbon negative materials at scale, announced that the two companies have signed licensing and engineering agreements for green polypropylene plants in the US.
The first plant, scheduled for completion in 2027, will produce 400kta of bio-polypropylene and will be first in North America with this production capability.
"This agreement demonstrates the progress we continue to make with Citroniq in establishing the first world-scale sustainable bio-polypropylene production process in North America," said Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals, Lummus Technology.
"Combining Lummus' leadership in polypropylene licensing with Citroniq's carbon negative production capabilities will help us meet the growing demand for bio-polypropylene and accelerate the decarbonization of the downstream energy industry."
"Citroniq's four-plant bio-polypropylene licensing agreement with Lummus Technology is a testament of our commitment to bring sustainable plastics at world-class scale to the marketplace," said Mel Badheka, President & Co-Founder of Citroniq Chemicals.
In April 2023, Lummus and Citroniq formed a partnership to develop four green polypropylene plants in North America using Lummus' Verdene polypropylene technology suite. The licensing and engineering agreements announced are for the first of the four plants.
The Verdene suite includes four Lummus technologies: ethanol to ethylene technology, dimer technology, olefins conversion technology and polypropylene technology. Lummus is the only technology provider able to supply all the proven, low energy technologies to produce renewable green polypropylene from biogenic ethanol. – TradeArabia News Service