Lummus Partners With Eni's Versalis To Advance Phenolics Technologies
Date
1/22/2025 2:08:15 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 22. Lummus
Technology, a leader in process technologies, and Versalis, Eni's
chemical division, have announced a strategic partnership to
license Versalis' technologies in the phenolics value chain,
Trend reports.
Under the agreement, Lummus will become the exclusive licensor
for phenolics technologies, including processes such as Cumene and
Cyclohexanone Oxime production.
The collaboration extends to engineering, marketing, and
licensing, with both companies also supplying proprietary catalysts
and equipment.
“This agreement strengthens our shared commitment to delivering
efficient and sustainable technologies for our customers,” said
Romain Lemoine, Chief Business Officer for Advanced Materials and
Energy Solutions at Lummus.“It enhances our competitive position
and allows us to offer comprehensive solutions across key markets
like textiles and plastics.”
Fabio Assandri, Versalis' Head of R&D, emphasized the
benefits of the partnership:“By expanding our collaboration with
Lummus, we aim to leverage our R&D expertise and proprietary
technologies to drive innovation and meet evolving market
needs.”
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