IOCL Selects Lummus' Cumene Technology
HOUSTON, April 23, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced IndianOil Corp. Ltd. (IOCL) selected the Lummus/Versalis cumene technology for a 440 KTA unit in Paradip, India. The new cumene unit is part of a grassroots petrochemical and polymers expansion at IndianOil's complex in Paradip.
- HOUSTON, April 23, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced IndianOil Corp. Ltd. (IOCL) selected the Lummus/Versalis cumene technology for a 440 KTA unit in Paradip, India.
- "Our cumene technology will offer IndianOil lower energy costs, reliability, operational efficiency and exceptional product yield, which will help them optimize their plant economics and support their growth initiatives," said Romain Lemoine, Chief Business Officer for Polymers and Petrochemicals, Lummus Technology.
- Lummus' scope includes the technology license for the cumene technology, basic design engineering, proprietary catalyst, site services, advisory services, and training.
- The cumene process is a liquid-phase alkylation technology using a proprietary zeolite catalyst and is characterized by a very high cumene yield, ultra-high purity cumene product and a long catalyst run length.