Technip Energies to license SABIC CTR® LDPE technology worldwide
Key highlights
- Technip Energies will act as the worldwide licensor of SABIC’s CTR® low-density polyethylene (LDPE) technology.
- The agreement is an exclusive Licensing Collaboration Agreement (LCA) between the two companies.
- Technip Energies has supported the CTR® technology since 1996 across basic design, engineering, construction and start-up.
- The deal pairs SABIC’s CTR® technology with Technip Energies’ polyolefins design, equipment fabrication and high-pressure LDPE execution capabilities to accelerate deployment.
Agreement
Technip Energies and SABIC have signed an exclusive Licensing Collaboration Agreement under which Technip Energies will act as the worldwide licensor of SABIC’s CTR® low-density polyethylene (LDPE) technology.
Background
The move expands a long-standing cooperation. Technip Energies has supported the CTR® technology since 1996, contributing to basic design, engineering, construction and start-up activities and building operational and execution expertise.
Strategic rationale
The collaboration combines SABIC’s established CTR® technology with Technip Energies’ polyolefins capabilities—design, equipment fabrication and execution of high-pressure LDPE plants—to accelerate deployment and enable producers to scale LDPE production efficiently, safely and reliably.
Source: T.EN
