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SABIC & Lummus Agree to Develop TM Technology

Source: www.gulfoilandgas.com 11/20/2010, Location: Middle East

Saudi Basic Industries Corporation (SABIC) announced that it has signed an agreement with Lummus Technology Inc. to jointly develop and commercialize toluene methylation (TM) technology to produce paraxylene.

The agreement was signed through SABIC’s Houston-based subsidiary, SABIC Americas Inc. The TM technology was developed around a proprietary SABIC catalyst and process, and will provide an improved process solution for polyester producers.

“This project is aligned with SABIC’s strategy to be a technology provider and licensor,” said Dr. Abdulrahman Al-Ubaid, SABIC Executive Vice President, Technology and Innovation (T&I). “The T&I organization also works with all of SABIC’s Strategic Business Units (SBUs) through its global network of technology and application centers to improve manufacturing processes and develop new technologies,” he added.

Al-Ubaid also noted that research excellence has played a large part in making SABIC an outstanding petrochemical success story, and stated that by continuing to invest in technology, SABIC is driving the petrochemical industry forward, creating market opportunities and products to ensure its future success.

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Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


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