SABIC and Lummus Technology agree to develop toluene methylation technology
Saudi Basic Industries Corp. (SABIC) has signed an agreement with Lummus Technology to jointly develop and commercialize toluene methylation (TM) technology to produce paraxylene.
The agreement was signed through SABIC’s Houston-based subsidiary, SABIC Americas. The TM technology was developed around a proprietary SABIC catalyst and process, and will provide an improved process solution for polyester producers.
“This project is aligned with SABIC’s strategy to be a technology provider and licensor,” said Dr. Abdulrahman Al-Ubaid, a SABIC executive vice president. “The T&I organization also works with all of SABIC’s strategic business units through its global network of technology and application centers to improve manufacturing processes and develop new technologies.”
Al-Ubaid also noted that research excellence has played a large part in making SABIC an outstanding petrochemical success story, and stated that by continuing to invest in technology, SABIC is driving the petrochemical industry forward, creating market opportunities and products to ensure its future success.
Comments