Lummus Announces Acceptance Of Cumene And Phenol Plant In China

• Lummus' technology drives performance and reliability at Formosa Chemicals and Fibre Corp.'s plant.
• Plant acceptance is another milestone in Lummus' long-time partnership with Formosa.
• Technology process uses less energy resulting in lower carbon footprint.

Houston, TX /PRNewswire/ - Lummus Technology today announced that it has achieved successful plant acceptance from Formosa Chemicals and Fibre Corp. for the company's cumene and phenol plant expansion in Ningbo, China. The expansion was to an existing 450 kMTA cumene and 300 kMTA phenol plant, which now has a 600 kMTA cumene and 400 kMTA phenol capacity.

"We are proud that this plant has successfully demonstrated reliable operation since its first start-up," said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. "Formosa's acceptance is another milestone in our long and close relationship that spans multiple decades. 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."

The original plant was licensed in 2010 by Lummus. In 2017 Lummus was selected again by Formosa to provide the technology license and engineering design of the cumene and phenol plant expansion.

Versalis/Lummus' cumene and phenol technologies are best-in-class process technologies that leverage the design, operating and research experience of both organizations.

Phenol produced using the Versalis/Lummus process has the lowest carbon footprint due to lower overall energy consumption among available phenol technologies. The phenol process is an intrinsically safe and highly reliable wet-oxidation process. It utilizes advanced technology features, which not only maximize the phenol/acetone product yields and produce a very high purity phenol/acetone products but also results in the lowest cost of production per MT of phenol.

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.

About Lummus Technology
Lummus Technology is the global leader in developing process technologies that make modern life possible and focus on a more sustainable, low carbon future. Lummus is a master licensor of clean energy, petrochemical, refining, gas processing and renewable technologies, and a supplier of catalysts, proprietary equipment, digitalization and related lifecycle services to customers worldwide. To learn more about Lummus, visit www.LummusTechnology.com.

About Versalis
Versalis is Eni's chemical company operating globally in basic chemical sectors, plastics, rubbers and chemistry from renewables, with a strong industrial expertise, a broad range of proprietary technologies and wide-reaching commercial network. Versalis considers sustainability and circularity as strategic drivers to be applied to processes and products throughout their life cycle.

To learn more about Versalis, visit www.versalis.eni.com.