Technip Energies (PARIS:TE) and SABIC have entered into an exclusive Licensing Collaboration Agreement (LCA) under which Technip Energies will act as the worldwide licensor of SABIC’s well-established Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR®) technology.
This agreement expands the long-standing cooperation between the two companies and combines SABIC’s industry-leading technology with Technip Energies’ extensive experience in Polyolefins.
Technip Energies has supported the CTR® technology since 1996, contributing to basic design, engineering, construction and start-up activities, building deep operational and execution expertise.
Stephane Mespoulhes, Senior Vice President Ethylene and Polyolefins at Technip Energies, commented: “This agreement marks a significant step forward in our long-standing partnership with SABIC and strengthens Technip Energies’ position as a key player in LDPE technology licensing. By combining SABIC’s proven CTR® technology with our deep expertise in the design, fabrication of equipment, and execution of high-pressure LDPE plants, we are uniquely positioned to accelerate the deployment of high-performance LDPE solutions worldwide. Together, we enable producers to scale efficiently, safely, and reliably, meeting growing market demand while delivering tangible value to our customers.”