TechnipFMC Signs Agreement with KEM ONE to License Suspension PolyVinyl Chloride Technology
LONDON, PARIS, HOUSTON, June 21, 2018 - TechnipFMC announced today that it has signed an exclusive cooperation agreement with KEM ONE to support the marketing and licensing of KEM ONE's Suspension PolyVinyl Chloride (S-PVC) technology. PVC is a common plastic used in the construction of pipes, doors, windows, cable insulation and signage.
S-PVC is obtained through the polymerization of vinyl chloride monomer in dispersed water. In the last 10 years, KEM ONE has the largest market share in licensing of S-PVC in terms of capacity.
Stan Knez, Senior Vice President Onshore Process Technology for TechnipFMC, said: "We are delighted by the signature of this agreement with today's leading PVC licensor and are pleased to propose to our clients a global portfolio of high quality technologies for the vinyls chain."
TechnipFMC's operating center in Lyon, France, a center of excellence for polyolefins, chemicals, petrochemicals and bio-sourced products, is managing the agreement and will support KEM ONE's licensing efforts and prepare the Process Design Packages.
TechnipFMC Process Technology is a global network of centers which look after the company's expanding portfolio of onshore process technologies in petrochemicals, refining, hydrogen and syngas, polymers and gas monetization.
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