KBR and Sumitomo Chemical Form Technology Licensing Alliance
London, 22 May 2024, (Oilandgaspress) – KBR (NYSE: KBR) and Sumitomo Chemical announced today that they have signed an alliance agreement to make KBR an exclusive licensing partner for Sumitomo Chemical’s state-of-the-art propylene oxide by cumene (POC) technology. Propylene oxide is an intermediate product used primarily in the further manufacture of polyurethanes. Polyurethane is used in many products such as foams, coatings, adhesives and sealants which serve growing industries such as construction, industrials and automotive.
Sumitomo Chemical’s process for propylene oxide production is a unique, environmentally friendly technology that delivers minimal carbon footprint compared to other processes. With lower wastewater generation, and an optimized energy recovery system, this process ensures high propylene oxide yield, and smooth and safe plant operations.
Under the alliance, Sumitomo Chemical’s innovative technology will be delivered to a global customer base, enabled by KBR’s global marketing reach and engineering capabilities. Additionally, this technology is complementary to KBR’s existing, leading phenol technology.
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