Texas-based Lummus Technology recently announced that plans to expand capacity for a cumene and phenol plant in Ningbo, China, according to a press release.
The announcement came following the approval of its plans from Formosa Chemicals and Fibre Corp.
Lummus will expand capacity for the existing 450 kMTA cumene and 300 kMTA phenol plant by a third.
"We are proud that this plant has successfully demonstrated reliable operation since its first start-up. Formosa's acceptance is another milestone in our long and close relationship that spans multiple decades," Leon de Bruyn, Lummus Technology president and CEO, said in a statement. "During this time, Lummus has provided world-class technology solutions to Formosa and helped them achieve reliability, optimization and superior performance at their facilities, while also lowering their carbon footprint."
Lummus has been licensed to work on these plants since 2010.
The phenol that Lummus' plant produces has the lowest carbon footprint as a result of lower overall energy consumption, according to the press release.
Headquartered in Houston, Lummus Technology was founded in 1907 in Boston Massachusetts and is one of the world's leading energy technology licensing companies. In 2020, the company was purchased by Rhône Capital and The Chatterjee Group.