Lummus Technology and SCG Chemicals subsidiary Texplore have entered into a commercial cooperation agreement to license and market Excene high-density polyethylene (HDPE) technology developed by the latter. Leadership from both companies recently participated in a signing ceremony in Bangkok, Thailand.
“Licensing Texplore’s HDPE technology builds on our recent success of expanding Lummus’ comprehensive technology portfolio,” said Leon de Bruyn, President and Chief Executive Officer, Lummus Technology. “Lummus has a long history of partnering with industry leading companies like SCG to leverage our collective strengths and bring innovative technologies to market.”
“We are honored to join hands with Lummus Technology in this collaboration, as we see it as a perfect fit for both parties to synergize our strengths and experiences towards a successful long-term partnership,” said Dr. Suracha Udomsak, Executive Vice President and Chief innovation Officer of SCGC. “Today's CCA signing is just the beginning of a new chapter in our journey, and we are excited to explore further steps together to boost our sustainable market and bring value to our clients.”
Texplore and Lummus management at the signing ceremony. Image courtesy of Texplore.
Under the agreement, Lummus will exclusively license Texplore’s Excene HDPE technology. Lummus will also provide engineering design for plant construction, services for plant commissioning and start up, and additional lifecycle services, while Texplore will provide their El-Cat catalyst supply.
Excene is a proven proprietary HDPE process commercialized by Texplore. The technology offers HDPE for the use in variety of high-end applications and quality products. It is also reliable and simple process and operation.