Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Versalis, Eni's chemical company, announced a strategic partnership to license all of Versalis' technologies in the phenolics value chain.
Lummus will serve as the exclusive licensor for phenolics technologies, which ranges from Cumene to Cyclohexanone Oxime. Both companies will also collaborate on engineering, marketing and licensing, as well as providing proprietary catalysts and equipment for both processes.
"We have a strong partnership with Versalis, and this agreement reinforces our shared commitment to providing technologies that drive efficiency, reliability and sustainability for our customers," said Romain Lemoine, Chief Business Officer for Advance Materials and Energy Solutions, Lummus Technology. "Adding these technologies will strengthen our competitive position in the phenolics value chain and allow us to offer customers more complete, end-to-end solutions that span textiles, plastics and other key markets."
"We continue to be focused on developing our proprietary technologies for possible new applications and markets. Expanding the partnership with Lummus will strengthen our efforts in this strategic direction," said Fabio Assandri, Head of R&D, Licensing and Projects Development, Versalis. "With this partnership, leveraging our recognized advantages in R&D and IP, we can further enhance our know-how on technologies and catalysts in the phenolics value chain and expand the technology network in synergy with our partner."
Through this new partnership, both companies aim to continue to develop sustainable technology solutions and maximize efficiency, that will help meet the evolving needs of customers' need of reliable operation, energy efficiency and sustainability goals.
Lummus and Versalis began collaborating in the late 2000s with similar technology partnerships for Dimethyl Carbonate and Diphenyl Carbonate technologies.
