𝐓𝐞𝐜𝐡𝐧𝐢𝐩 𝐄𝐧𝐞𝐫𝐠𝐢𝐞𝐬 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐋𝐢𝐜𝐞𝐧𝐬𝐢𝐧𝐠 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐰𝐢𝐭𝐡 𝐒𝐀𝐁𝐈𝐂 𝐟𝐨𝐫 𝐂𝐓𝐑® 𝐋𝐃𝐏𝐄 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲
Technip Energies and SABIC have entered into an exclusive Licensing Collaboration Agreement (LCA) under which Technip Energies will act as the worldwide licensor of SABIC’s well-established Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR®) technology. This agreement expands the long-standing cooperation between the two companies and combines SABIC’s industry-leading technology with Technip Energies’ extensive experience in Polyolefins. #TechnipEnergies has supported the CTR® technology since 1996, contributing to basic design, engineering, construction and start-up activities, building deep operational and execution expertise. Stephane Mespoulhes, Senior Vice President Ethylene and #Polyolefins at Technip Energies, commented: “This agreement marks a significant step forward in our long-standing partnership with #SABIC and strengthens Technip Energies’ position as a key player in #LDPEtechnologylicensing . By combining SABIC’s proven CTR® technology with our deep expertise...