Commercial Cooperation Agreement Lummus Technology to License Texplore HDPE Technology

Source: Press release Ahlam Rais 1 min Reading Time

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Under a commercial cooperation agreement signed between Lummus Technology and Texplore, Lummus Technology will license Texplore’s Excene HDPE technology. Lummus will also provide engineering design for plant construction, services for plant commissioning and start up while Texplore will provide their EL-Cat catalyst supply.

Under the agreement, Lummus will exclusively license Texplore’s Excene HDPE technology. (Source:  Pixabay)
Under the agreement, Lummus will exclusively license Texplore’s Excene HDPE technology.
(Source: Pixabay)

Houston/USA – Lummus Technology and Texplore, a wholly owned subsidiary of SCG Chemicals Public Co. (SCGC), have recently announced a commercial cooperation agreement (CCA) to license and market Excene, Texplore’s high-density polyethylene (HDPE) technology. Leaders from both the 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. “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 Oficer 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.”

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. Well suited for high-capacity production, HDPE is a thermoplastic polymer that is one of the most versatile plastic materials. HDPE has a high strength-to-density ratio and is used to make a wide variety of products including large-diameter pipes and films, and more.

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