Eni’s Versalis, Lummus Technology Partner to License Phenolics Technologies

Eni’s Versalis, Lummus Technology Partner to License Phenolics Technologies

Eni’s chemical company, Versalis, has partnered with Lummus Technology during which it will have the rights to license all of Versalis’ technologies related to the phenolics value chain which range from Cumene to Cyclohexanone Oxime.

“We continue to be focused on developing our proprietary technologies for possible new applications and markets. Expanding the partnership with Lummus will strengthen our efforts in this strategic direction,” said Fabio Assandri, Head of R&D, Licensing and Projects Development, Versalis.

“With this partnership, leveraging our recognized advantages in R&D and IP, we can further enhance our know-how on technologies and catalysts in the phenolics value chain and expand the technology network in synergy with our partner,” Assandri added.

Both companies will also cooperate in engineering, marketing and licensing, as well as providing proprietary catalysts and equipment for both processes.

“We have a strong partnership with Versalis, and this agreement reinforces our shared commitment to providing technologies that drive efficiency, reliability and sustainability for our customers,” said Romain Lemoine, Chief Business Officer for Advanced Materials and Energy Solutions, Lummus Technology.

“Adding these technologies will strengthen our competitive position in the phenolics value chain and allow us to offer customers more complete, end-to-end solutions that span textiles, plastics and other key markets,” Lemoine added.

Notably, Lummus and Versalis began cooperating in the late 2000s with similar technology partnerships for Dimethyl Carbonate and Diphenyl Carbonate technologies.

 

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Doaa Ashraf 732 Posts

Doaa is a staff writer with a Bachelor's Degree in Mass Communication, majoring Journalism from Ahram Canadian University. She has 2-3 years of experience in copywriting, and content creation.

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