Lummus, New Hope Collaborate on Chemical Recycling
“New Hope and Lummus intend to be the largest supplier of plastic waste to renewable circular product solutions in the world, helping to support the commitments of the major brands and producers,” said New Hope CEO Johnny Combs.
With a design capacity of 50,000 t/y, New Hope regards its plant in Tyler, Texas, as one of the largest plastic waste conversion plants in the West. The company added that its proprietary technology can handle variations in plastic waste feedstock and contaminants.
Under the terms of the agreement, Lummus’ Green Circle will be the exclusive licensor for the technology and will also be responsible for providing studies, basic engineering, technical services and proprietary equipment as part of the technology transfer package.
Green Circle is Lummus’ newly established business to offer sustainable solutions including converting plastic waste to value-added products, producing chemicals and fuels from biomass, and decarbonizing refinery and petrochemical assets.
Author: Elaine Burridge, Freelance Journalist
Lummus wins Brunei PP project
In separate news, Lummus Technology announced that its Novolen business has won a contract from Hengyi Industries for a 1,000 t/y PP plant in Brunei.
The scope of the contracts includes the technology license, basic design engineering, training and technical services.
Lummus said Hengyi’s unit represents its largest PP license to date and will be one of the biggest PP plants in the world.