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Technip Energies, Chevron Phillips Chemical and LyondellBasell sign MOU for electric cracking ethylene furnace
Chevron Phillips Chemical, Technip Energies and LyondellBasell are collaborating on the design, construction and operation of a demonstration unit for Technip Energies’ electric steam cracking furnace technology, designed to reduce the greenhouse gas emissions associated with the olefins production process. The demonstration unit, which will be constructed at LyondellBasell’s site in Channelview, Texas, is expected to advance the global energy transition by taking steps toward decarbonizing the olefins production process, said Arnaud Pieton, CEO of Technip Energies.
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