Home / Knowledge / News / Textiles / Clariant signs deal with Lummus for polypropylene catalyst
Clariant signs deal with Lummus for polypropylene catalyst
22
Aug '13
Clariant, a world leader in specialty chemicals, announced that its Business Unit Catalysts has signed long-term cooperation agreements with CB&I's Lummus Novolen Technology GmbH business unit.

The two companies will combine and ramp up R&D efforts to develop improved polypropylene catalyst and donor technologies. When successful, existing and future Lummus Novolen licensees and other polypropylene producers will be supplied with the new catalyst developed by a new state-of-the-art Ziegler-Natta polypropylene catalyst production line.

Clariant and Lummus Novolen will jointly invest about CHF 65 million in this new state-of-the-art polypropylene catalyst production line at Clariant's catalyst production hub in Louisville, Kentucky, USA. The plant is expected to be on stream in 2015.

By leveraging the successful licensing and process design experience of Lummus Novolen and the strong catalyst R&D capabilities of Clariant, the two companies expect to further strengthen their joint position in polypropylene catalyst.

The polypropylene Ziegler-Natta catalyst market is expected to continue the high growth pace shown over the last decade with estimated growth rates of more than five percent in the next five years.

Hariolf Kottmann, CEO of Clariant, stated: "The strategic partnership with Lummus Novolen is a significant milestone for the catalyst business. It strengthens our competitive position in a market with future perspectives and strong growth rates.

"This cooperation is another example for the successful implementation of Clariant's strategy which is focused on innovation, portfolio management and profitable growth."

"This alliance between Lummus Novolen and Clariant in the field of polypropylene catalyst will strengthen the innovation potential to better serve the needs of our clients. The state-of-the-art catalyst production plant will guarantee continuous supply and consistent product quality," said Daniel McCarthy, Executive Vice President and President of CB&I's Technology operating group.

"With this new direction, the Lummus Novolen technology portfolio will become an even more attractive offer to the growing polypropylene market."

Clariant


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 26th Oct 2020

25% Bangla garment manufacturing to be automated by 2023

A quarter of garment manufacturing activities in Bangladesh will be...

Pic: Shutterstock

Textiles | On 26th Oct 2020

BCI to cease all field-level activities in China's XUAR

Sustained allegations of forced labour and other human rights abuses...

Pic: Burberry

Information Technology | On 26th Oct 2020

Burberry launches gaming technology for fashion design

Burberry, and digital production agency, Koffeecup have joined hands...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Money never disappears-it just finds new opportunities

Marazban F Velati, Sutlej Textiles & Industries limited

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Dharmendra Shah, Ozone PB Spintex Limited

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Luca Formentini,

Luca Formentini

From the very beginning, Loris Bellini's aim was to produce dyeing...

Zafer Demirel,

Zafer Demirel

Turkey's Canlar Mechatronics is a leading designer and manufacturer of...

Will Qian,

Will Qian

Honghua Digital Technology Stock Co., Ltd. specialises in the R&D,...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search