LyondellBasell signed a memorandum of understanding (MOU) with Technip Energies and Chevron Phillips Chemical potentially to design, construct and operate a demonstration unit using Technip Energies’ electric steam cracking furnace technology (eFurnace by T.EN). A joint development agreement is expected to be signed later this year. Steam cracking furnaces play.
Chemical maker LyondellBasell Industries said on Thursday it would evaluate a new electric furnace technology in olefins production, along with Technip Energies and Chevron Phillips Chemical, as it seeks to cut greenhouse gas (GHG) emissions.
HOUSTON, TX / ACCESSWIRE / June 1, 2023 / LyondellBasell (NYSE:LYB) today announced it has signed a memorandum of understanding (MOU) with Technip Energies and Chevron Phillips Chemical to potentially