Novolen^® PP expertise acknowledged for sustainability advantages, product flexibility, minimizing CAPEX and OPEX, and maximizing monetary returns 

HOUSTON, Aug. 17, 2023 /PRNewswire/ — Lummus Technology, a worldwide supplier of course of applied sciences and value-driven power options, introduced the current licensing of its one hundredth Novolen^® polypropylene (PP) manufacturing line. This milestone highlights greater than 60 years of innovation, expertise management and Lummus’ development within the polymers market.

“Achieving 100 production lines speaks volumes about our customers’ ongoing confidence in our Novolen PP technology, and their confidence is underscored by the rapid growth in awards and licensed capacity in recent years,” stated Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. “Novolen PP technology offers the lowest carbon intensity process on the market, the lowest CAPEX and OPEX, plus the flexibility and capacity to swiftly respond to global market demands. These benefits, plus many others, have placed Lummus at the forefront of the polypropylene industry.”

Among the 100 licensed strains, 50 are presently working with the oldest line working for greater than 45 years, and the cumulative licensed capability of the 100 strains is larger than 24 MMTPA. Currently, 31 new strains are in varied phases of engineering, building or commissioning. The current surge in demand for the expertise has made Novolen probably the most licensed PP expertise since 2020.

“After 60 years since Novolen’s inception, we are pleased to see that Lummus’ polymer technologies have unlocked the full market potential of the Novolen PP technology,” stated Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals, Lummus Technology. “Thank you to all of our licensees for their loyalty and for collaborating with us to consistently produce products that have improved the quality of life for so many people around the world.”

BASF first developed the Novolen PP expertise in 1962, and Lummus acquired the expertise in 2000. Today, Novolen is the business’s main polypropylene expertise and might ship a sustainable route for polymers manufacturing, whereas maximizing the monetary advantages of operations by means of decrease CAPEX and OPEX. The expertise is very versatile, strong, power environment friendly and permits manufacturing of a full grade slate of main PP merchandise of all product households, together with homopolymers, random copolymers, terpolymers, affect copolymers and rTPO’s.

Based on the success in polypropylene licensing, not too long ago Lummus has expanded its polymer expertise portfolio with EXCENE™ for bimodal high-density polyethylene by means of an unique international licensing partnership with Texplore Co. Ltd., a completely owned subsidiary of SCG Chemicals Public Co., Ltd.

About Lummus Technology 
Lummus Technology is the worldwide chief in creating expertise options that make fashionable life attainable and concentrate on a extra sustainable, low carbon future. We license course of applied sciences in clear fuels, renewables, petrochemicals, polymers, gasoline processing and provide lifecycle companies, catalysts, proprietary tools and digitalization to clients worldwide. To study extra about Lummus, go to www.LummusTechnology.com.

SOURCE Lummus Technology, LLC