Lummus Technology, a global player in process technologies and energy solutions, has partnered with Versalis, Eni’s chemical subsidiary, to license all technologies within the phenolics value chain.
The collaboration establishes Lummus as the exclusive licensor for phenolics technologies, covering processes from Cumene to Cyclohexanone Oxime.
Collaboration on Engineering and Licensing
Under the agreement, the two companies will jointly focus on engineering, marketing, and licensing efforts.
They will also provide proprietary catalysts and equipment for the phenolics value chain, strengthening their market presence and technical expertise.
Driving Efficiency and Sustainability
“This partnership underscores our shared dedication to delivering advanced technologies that enhance efficiency, reliability, and sustainability for our clients,” said Romain Lemoine, Chief Business Officer for Advanced Materials and Energy Solutions at Lummus Technology.
He added, “With these technologies, we can offer customers comprehensive, end-to-end solutions across industries like textiles and plastics, solidifying our competitive edge.”
Focus on Innovation and Market Expansion
“Our focus remains on developing proprietary technologies for new applications and markets,” stated Fabio Assandri, Head of R&D, Licensing, and Projects Development at Versalis.
Assandri added, “By expanding our partnership with Lummus, we can leverage our strengths in research and development, intellectual property, and catalysts to enhance our phenolics technologies and extend our reach.”
Commitment to Sustainable Solutions
The partnership aligns with both companies’ goals to innovate sustainable technology solutions.
The collaboration prioritizes energy efficiency and operational reliability. It aims to address the evolving demands of customers. These customers seek environmentally conscious and cost-effective technologies.
Building on a Longstanding Relationship
Lummus and Versalis have a history of successful collaboration, dating back to the late 2000s.
Previous partnerships focused on dimethyl carbonate and diphenyl carbonate technologies.
The latest agreement further strengthens their relationship and mutual commitment to advancing technological solutions in the chemical industry.
As per the press release, Lummus and Versalis have enhanced their partnership. This collaboration is set to deliver advanced solutions that meet industry demands. It will also drive sustainability and innovation.
