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Lummus Novolen Technology awarded major polypropylene contract 4/5/2021 Lummus Technology announced that its Novolen business has been awarded a PP contract by Jin Guo Tou (Jinzhou) Petrochemical Co., Ltd. at its petrochemical facility in Jinzhou City, Liaoning Province, China. "We are grateful to Jin Guo Tou for selecting Novolen, which builds on the recent series of awards and strong track record of our PP technology," said Leon de Bruyn, Lummus Technology's President and Chief Executive Officer. "With Novolen, our clients can achieve optimized performance of their facilities and produce a ...

REFINERY NEWS ROUNDUP: European companies announce more clean fuel projects Finnish refiner and clean fuels producer Neste has identified Rotterdam in the Netherlands as the most likely site for its new “world scale” renewable products refinery, it said March 15. Neste also said a final investment decision for the project will be made either by the end of this year or early in 2022. “Based on the thorough studies and calculations, the overall cost of the investment is significantly lower in Rotterdam. Our decision relies on ensuring our future competitiveness and our renewables growth s...

McDermott said it was provided the option to purchase a minority common equity ownership interest in the entity purchasing Lummus, as part of the sale agreement in 2020

McDermott International has announced a minority investment in Lummus Technology, reinforcing the company's focus on technology. Read more here.

How high can polyethylene and polypropylene plant capacities rise? How high can polyethylene and polypropylene plant capacities rise? Polyethylene (PE) and polypropylene (PP) plants are the popular downstream derivatives of ethylene crackers or petrochemical fluidized catalytic cracking (petro-FCC). Polyethylene (PE) and polypropylene (PP) plants are the popular downstream derivatives of ethylene crackers or petrochemical fluidized catalytic cracking (petro-FCC). Refineries have been diversifying into petrochemicals to improve upon the gross refining margin (GRM) and flexibility in product mi...