Le Lézard
Classified in: Oil industry, Science and technology, Business
Subject: LIC

IOCL Selects Lummus' Cumene Technology


Award strengthens relationship with long-time customer and is Lummus' second recent cumene license in India

HOUSTON, April 23, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced IndianOil Corp. Ltd. (IOCL) selected the Lummus/Versalis cumene technology for a 440 KTA unit in Paradip, India. The new cumene unit is part of a grassroots petrochemical and polymers expansion at IndianOil's complex in Paradip.

"Our cumene technology will offer IndianOil lower energy costs, reliability, operational efficiency and exceptional product yield, which will help them optimize their plant economics and support their growth initiatives," said Romain Lemoine, Chief Business Officer for Polymers and Petrochemicals, Lummus Technology. "We look forward to continue working with IndianOil on another successful project and building on our long-time relationship."

Lummus' scope includes the technology license for the cumene technology, basic design engineering, proprietary catalyst, site services, advisory services, and training.

IndianOil has licensed multiple Lummus technologies, including naphtha cracker, INDMAX FCC and polypropylene technologies at complexes across India.

Lummus and Versalis have partnered to license cumene technologies since 2007. The cumene process is a liquid-phase alkylation technology using a proprietary zeolite catalyst and is characterized by a very high cumene yield, ultra-high purity cumene product and a long catalyst run length.

About Lummus Technology
Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide. To learn more about Lummus, visit www.LummusTechnology.com.

SOURCE Lummus Technology, LLC


These press releases may also interest you

at 22:01
In the news release, Nomic Unveils Bitcoin Liquid Staking Token Powered by Babylon's Bitcoin Staking Protocol, issued 10-Apr-2024 by Nomic DAO Foundation over PR Newswire, we are advised by the company that the dateline should read "GEORGE TOWN,...

at 21:00
United Imaging, a global leader in manufacturing advanced medical imaging and radiotherapy equipment, will unveil its latest MRI technology, boasting incredible advancements across various fronts, as a Gold sponsor at this year's ISMRM meeting. The...

at 20:00
Affiliated Dermatologists (AD) is providing notice of a recent data security incident. At this time, AD is not aware of any misuse of any personal information in connection with this incident. What Happened? On March 5, 2024, AD detected it was the...

at 18:00
BetterLife Pharma Inc. ("BetterLife" or the "Company") , an emerging biotech company focused on the development and commercialization of non-hallucinogenic LSD-based therapeutics for mental disorders, today announced that the Company intends to...

at 17:45
Celonis, the global leader in Process Mining, today announced it has appointed Mark Jacobs to the role of Senior Vice President North America Sales. As the Go-to-Market leader for North America, Jacobs will work closely with new and existing...

at 17:05
DXC Technology , a leading Fortune 500 global technology services company, today announced it will participate in the following investor conferences: J.P. Morgan's Technology, Media, & Telecom 2024 Conference ? Raul Fernandez, President and CEO, is...



News published on and distributed by: