Page 154 - CW E-Magazine (4-6-2024)
P. 154

News from Abroad


       PARTNERSHIP
       Lummus to license Sumitomo Chemical’s circular

       and polyolefins technologies


          Lummus  Technology, a global
       provider of  process  technologies, has
       agreed to license  and commercialise
       two proprietary technologies of Japan’s
       Sumitomo Chemical.

          These include the low-density poly-
       ethylene/ethylene vinyl acetate (LDPE/
       EVA) production technology and poly
       methyl methacrylate  recycling (rPM-
       MA) technology.

          With Lummus as the exclusive and
       worldwide licensor, these technologies
       will be delivered to a global customer
       base,  supported  by  Lummus’  global
       marketing reach and engineering capa-
       bilities. Lummus and Sumitomo Chemi-  ship  and  operational  excellence  with  highly compatible with our LDPE/
       cal will further develop the rPMMA  our global marketing, licensing  and  EVA and rPMMA technologies,
       technology, leveraging  the progress  design expertise,”  said Mr. Leon de  coupled with their strong marketing and
       already made at Sumitomo Chemical’s  Bruyn, President  and  CEO,  Lummus   development  capabilities, Lummus  is
       pilot plant in Japan, to achieve early  Technology.                the ideal partner to expand our tech-
       commercialisation of the technology.                               nologies worldwide,”  said  Mr.  Seiji
                                           “With a portfolio that includes a  Takeuchi,   Sumitomo   Chemical’s
          “Lummus is honoured to partner  range of competitive technologies for  Senior  Managing  Executive  Officer
       with Sumitomo Chemical  to combine  ethylene production and a wide range  for the Essential Chemicals & Plastics
       their  polyolefin  technology  leader-  of the polymer technologies that are  Sector.
       LSB Industries inks five-year agreement to supply

       low-carbon ammonium nitrate solution


          American ammonia producer, LSB  stems from the carbon capture  and   expected to commence operations in
       Industries, has entered  into  an agree-  sequestration project that it currently  2026  pending regulatory approvals.
       ment to supply up to 150,000 short tons  has underway with its partner, Lapis  “This important agreement validates
       per  annum  of low carbon  ammonium  Energy, who will capture  and perma-  our belief that our industrial and mining
       nitrate solution (ANS)  to US-based  nently sequester more than 450,000  customers will identify the low carbon
       mining  firm,  Freeport  Minerals  Cor-  metric tons of CO  produced annually  nitrogen products that we plan to pro-
                                                        2
       poration.  LSB will supply the  ANS  from El Dorado’s ammonia production.  duce as an important part of their
       from its El Dorado, Arkansas facility  The carbon sequestration  is expected  decarbonisation  journeys and value
       for fibve years commencing January 1,  to result in more than 375,000 tons  them accordingly,” said Mr. Mark
       2025, with a phasing in of the low car-  of low carbon ammonia that LSB can  Behrman,  LSB’s  President  and  CEO.
       bon contracted volume.            sell or upgrade and sell to customers in  Freeport intends to use the low carbon
                                         the form of other low carbon nitrogen  ANS purchased from LSB for its US
          LSB’s  low  carbon  product  offering   products, such as ANS. The project is  copper mining operations.


       154                                                                      Chemical Weekly  June 4, 2024


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